Notes to SEFA
Accounting Policies: The accompanying schedule of expenditures of federal awards (the Schedule) includes the federal grant activity of The Ruffed Grouse Society (the Society) under programs ofthe federal government for the year ended December 31, 2022. 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 for Federal Awards (Uniform Guidance). Because the Schedule presents only a selected portion of the operations of the Society, it is not intended to and does not present the financial position, changes in net assets, or cash flows of the Society.
De Minimis Rate Used: Y
Rate Explanation: The Society has elected to use the 10% de minimus indirect cost rate, as allowed under the Uniform Guidance, on any federal awards that require the use of an indirect cost rate.