Notes to SEFA
Title: Reconciliation of revenue
Accounting Policies: Expenditures reported on the Schedule are reported on the accrual basis of accounting. Such expenditures are recognized following the cost principles contained in the Uniform Guidance, wherein certain types of expenditures are not allowable or are limited as to reimbursement.
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis cost rate.
The reconciliation of the Schedule to the Statement of Activities and Changes in Net Assets is as follows:Schedule of Expenditures of Federal Awards$1,263,778Other grants1,388,085Total grant revenue$2,651,863