Notes to SEFA
Title: Matching Requirements
Accounting Policies: a.Expenditures reported on the Schedule are reported on the accrual basis of accounting. Such expenditures are recognized following the cost principles contained in Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance), wherein certain types of expenditures are not allowable or are limited as to reimbursement.b.The Organization did not elect to use the 10 percent de minimus indirect cost rate as allowed under the Uniform Guidance.
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis cost rate.
Some of the Organizations federal awards include certain matching requirements, which is typically at least 50 percent of total expenditures. Cost sharing must meet the requirements of the Department of Defense Grant and Agreement Regulations to be allowable. Information on the Organizations matching requirements is provided below: U.S. Air Force Research Laboratory (12.800) FA8650-15-2-5401 and FA8650-20-2-5506 Match Requirement - $132,041,389; 2022 Match - $14,560,339; Cumulative Matching Net - $127,275,981.
Title: General and Administrative Contract Costs
Accounting Policies: a.Expenditures reported on the Schedule are reported on the accrual basis of accounting. Such expenditures are recognized following the cost principles contained in Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance), wherein certain types of expenditures are not allowable or are limited as to reimbursement.b.The Organization did not elect to use the 10 percent de minimus indirect cost rate as allowed under the Uniform Guidance.
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis cost rate.
Of the federal expenditures presented in this schedule, the Organization recognized general and administrative costs relating to the administration of the grant as follows: U.S Air Force Research Laboratory (12.800) FA8650-20-2-5506 - $5,586,038; Office of Naval Research (12.300) N000142012250 - $167,754; Washington Headquarters Services (12.U01) HQ00342190017 - $305,927; Defense MFG Community Support (12.600) Cadence - $252,827; Defense Health Agency (12.U01) 1508-2227 - $113,358; Marshall Space Flight CTR (43.U01) 80MSFCZICA011 - $202,289; Advanced Tech Edu Program (47.076) 1955790 - $15,633; Healthy Marriage Promotion & Responsible Fatherhood Grants (93.086) 90ZJ0058-02-00 - $51,757; - TOTAL $6,695,586.