Notes to SEFA
Title: RECONCILIATION TO FINANCIAL STATEMENT AMOUNT
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, Cost Principles for Non-profit Organizations, wherein certain types of expenditures are not allowable or are limited as to reimbursement.
De Minimis Rate Used: Y
Rate Explanation: The auditee used the de minimis cost rate.
The total expenditures of federal awards per the accompanying schedule of expenditures of federal awards reconcile to the statement of activities and change in net assets as follows:Federal funding portion of expenditures: $1,318,165Non-federal funding portion of expenditures: 1,080,824Total governmental programs and fees for contract services$2,398,989