Notes to SEFA
Title: SUBRECIPIENTS
Accounting Policies: 1. Basis of PresentationThe accompanying Schedule of Expenditures of Federal Awards (the Schedule) includes the federal award activity of Missouri IncuTech Foundation dba Missouri Enterprise under programs of the federal government for the year ended June 30, 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 Missouri IncuTech Foundation dba Missouri Enterprise, it is not intended to and does not present the financial position, changes in net position, or cash flows of Missouri IncuTech Foundation dba Missouri Enterprise. 2. Summary of Significant Accounting PoliciesExpenditures reported on the Schedule are reported on the accrual basis of accounting. Such expenditures are recognized following the cost principles contained in the Uniform Guidance, wherein certain types of expenditures are not allowable or are limited as to reimbursement. Missouri IncuTech Foundation dba Missouri Enterprise has elected not to use the 10-percent de minimis indirect cost rate allowed under the Uniform Guidance.
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis cost rate.
CATALYST CONNECTION 10000, CONNSTEP INC. 5000, IMPACT WASHINGTON 9900, MONTANA STATE UNIVERSITY 10000, NORTHWEST INDUSTRIAL RESOURCE CENTER 10000, PURDUE UNIVERSITY 20000, URI RESEARCH FOUNDATION 10000, NEW JERSEY MEP 27,000, MAGNET 195974, MID-MISSOURI MANUFACTURING TECHNOLOGY CENTER 20129, UNIVERSITY OF NEBRASKA 38262, MISSOURI S&T 62432, ST. LOUIS CENTER FOR INTERNATIONAL RELATIONS 127,582, RANKIN TECHNICAL COLLEGE 62500