Notes to SEFA
Accounting Policies: Title 2 U.S. Code of Federal Regulations (CFR) Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance) requires a disclosure of the financial activities of all federally funded programs. This schedule was prepared to comply with the Uniform Guidance and state requirements. The accompanying Schedule of Expenditures of Federal Awards includes the federal grants activity of the Organization and is presented on the accrual basis of accounting. The information in this schedule is presented in accordance with the requirements the Uniform Guidance, Audits of States, Local Governments, and NonProfit Organizations.
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis cost rate.