Notes to SEFA
Title: 2. SAM.gov Assistance Listings
Accounting Policies: 1. Summary of Significant Accounting Policiesa. Basis of PresentationThe accompanying schedule of expenditures of federal awards includes the federalgrant activity of Outside In. The schedule presents total federal awards expended foreach individual federal program in accordance with the requirements of Title 2 CFRPart 200, Uniform Administrative Requirements, Cost Principles, and AuditRequirements for Federal Awards (Uniform Guidance). Therefore, some amountspresented in this schedule may differ from amounts presented in, or used in thepreparation of, the basic financial statements.b. Basis of AccountingThe expenditures for each federal financial assistance program are presented in theschedule on the accrual basis of accounting following the cost principles contained inthe Uniform Guidance or other requirements of Federal agencies such as theDepartment of the Treasury.
De Minimis Rate Used: Y
Rate Explanation: Outside In has elected to use the 10% de minimis indirect cost rate under the UniformGuidance.
Federal award program titles are reported as presented in SAM.gov Assistance Listings (AL).Federal Award program titles not presented in SAM.gov are identified by Federal Agencynumber followed by (.xxx).
Title: 3. Major and Nonmajor Federal Financial Assistance Programs
Accounting Policies: 1. Summary of Significant Accounting Policiesa. Basis of PresentationThe accompanying schedule of expenditures of federal awards includes the federalgrant activity of Outside In. The schedule presents total federal awards expended foreach individual federal program in accordance with the requirements of Title 2 CFRPart 200, Uniform Administrative Requirements, Cost Principles, and AuditRequirements for Federal Awards (Uniform Guidance). Therefore, some amountspresented in this schedule may differ from amounts presented in, or used in thepreparation of, the basic financial statements.b. Basis of AccountingThe expenditures for each federal financial assistance program are presented in theschedule on the accrual basis of accounting following the cost principles contained inthe Uniform Guidance or other requirements of Federal agencies such as theDepartment of the Treasury.
De Minimis Rate Used: Y
Rate Explanation: Outside In has elected to use the 10% de minimis indirect cost rate under the UniformGuidance.
Federal financial assistance programs with identical assistance listing (AL) numbers arecombined in determining whether the programs are major or nonmajor. Type A major federalassistance programs are those with combined expenditures of $750,000 or more during afiscal year. Type B nonmajor federal assistance programs are those with combinedexpenditures of less than $750,000 during a fiscal year.