Notes to SEFA
Title: Noncash Assistance, Insurance, and Loans
Accounting Policies: The Organization’s schedule of expenditures of federal awards 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).
De Minimis Rate Used: N
Rate Explanation: The Organization has not elected to use the 10% de minimis indirect cost rate provisioned by the Uniform
Guidance Section 414, for reporting costs charged to federal award programs.
The Organization did not receive or expend any Federal awards in the form of noncash assistance, insurance,
loans, or loan guarantees.