Notes to SEFA
Accounting Policies: 1. This schedule includes the federal awards activity of the Organization and is presented on the accrualbasis of accounting. The information in this schedule is presented in accordance with the requirementsof Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, CostPrinciples, and Audit Requirements for Federal Awards (Uniform Guidance). Therefore, some amountspresented in this schedule may differ from amounts presented in, or used in the preparation of, thefinancial statements.2. The Organization has elected to use the 10 percent de minimus indirect cost rate to charge costs to theirfederal awards.
De Minimis Rate Used: Y
Rate Explanation: The auditee used the de minimis cost rate.