Notes to SEFA
Accounting Policies: The accompanying Schedule of Federal Awards includes the Federal grant activity of Realife Cooperative of Rochester and is presented on the accrual basis of accounting. Realife Cooperative of Rochester has not charged indirect costs to any of the federal programs. Therefore, the election on the 10 percent de minimis indirect cost rate is not applicable as allowed under Uniform Guidance.
De Minimis Rate Used: N
Rate Explanation: Realife Cooperative of Rochester has not charged indirect costs to any of the federal programs. Therefore, the election on the 10 percent de minimis indirect cost rate is not applicable as allowed under Uniform Guidance.