Notes to SEFA
Accounting Policies: Expenditures reported in the Schedule are reported on the accrual basis of accounting. Suchexpenditures are recognized following the cost principles contained in Uniform Guidance and OMBCircular A122, Cost Principles for Non-profit Organizations, wherein certain types of expenditures are notallowed or are limited as to reimbursement.Grant periods for some of the grants included in this schedule are different from the accounting year ofSSI. Expenditures reported on this schedule only include expenditures for the period of January 01, 2022through December 31, 2022, which is SSIs accounting year.
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis cost rate.