Notes to SEFA
Accounting Policies: Expenditures 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, Cost Principles for Non-Profit Organizations, wherein certain types of expenditures are not allowable or are limited as to reimbursement. Harney County Senior Community Services Center’s summary of significant accounting policies is presented in Note 1 in the Organization’s basic financial statements.
De Minimis Rate Used: Y
Rate Explanation: Harney County Senior Community Services Center has elected to use the 10 percent de-minimis indirect cost rate.