Notes to SEFA
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. Negative amounts (if any) shown on the Schedule represent adjustments or credits made in the normal course of business to amounts reported as expenditures in prior years. Pass-through entity identifying numbers are presented where available. The Organization has elected to use the 10-percent de minimis indirect cost rate allowed under the UniformGuidance, as applicable to individual grants.
De Minimis Rate Used: Both
Rate Explanation: The Organization has elected to use the 10percent de minimis indirect cost rate allowed under the Uniform Guidance, as applicable to individual grants.