Notes to SEFA
Title: 1
Accounting Policies: See next tab
De Minimis Rate Used: N
Rate Explanation: The School did not utilize the 10% de minimus indirect cost rate
The Schedule of Expenditures of Federal Awards includes the federal grant activity of the Southwest Georgia STEM Charter School and is presented
on the modified accrual basis of accounting
Title: 2
Accounting Policies: See next tab
De Minimis Rate Used: N
Rate Explanation: The School did not utilize the 10% de minimus indirect cost rate
The information in this schedule is presented in accordance with the requirements of Title 2 U.S. Code of Federal Regulations Part 200, Uniform
Administrative Requirements, Cost Principles and Audit Requirements of Federal Awards. Therefore, some amounts presented in this schedule may differ
from amounts presented in, or used in the preparation of the financial statements