Notes to SEFA
Title: 2) Federal Award identification Number
Accounting Policies: The accompanying schedule of expenditures of federal awards includes the federal grant activity of Rocky Mountain Information Network, Inc. and is presented on the accrual basis of accounting. The information in this schedule is presented in accordance with the requirements of Title 2 U.S. Code of Federal Regulations (CFR) Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance). Therefore, some amounts presented in this schedule may differ from amounts presented in, or used in the preparation of, the financial statements.
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis cost rate. RMIN did not apply for or use an indirect cost rate. Therefore, the de minims rate of 10% was not used.
The federal granting agency is responsible for providing RMIN with the Assistance Listing Number and program title for the grant or contract.
Title: 4) Subrecipients
Accounting Policies: The accompanying schedule of expenditures of federal awards includes the federal grant activity of Rocky Mountain Information Network, Inc. and is presented on the accrual basis of accounting. The information in this schedule is presented in accordance with the requirements of Title 2 U.S. Code of Federal Regulations (CFR) Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance). Therefore, some amounts presented in this schedule may differ from amounts presented in, or used in the preparation of, the financial statements.
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis cost rate. RMIN did not apply for or use an indirect cost rate. Therefore, the de minims rate of 10% was not used.
RMIN did not provide federal awards to subrecipients during the year ended June 30, 2022.