Notes to SEFA
Title: Note 1 - Basis of Presentation
Accounting Policies: Title 2 U.S. Code of Federal Regulations (CFR) Part 200, Uniform
Administrative Requirements, Cost Principles and Audit Requirements for Federal Awards.
De Minimis Rate Used: N
Rate Explanation: Auditee used actual cost basis
The accompanying Schedule of Expenditures of Federal Awards (the “Schedule”) includes the federal grant activity of Coalition for the Homeless of Houston/Harris County (the “Coalition”)under the programs of the federal government and the State of Texas for the year ended June 30, 2023. This 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. Because the Schedule presents only a selected portion of the operations of the Coalition, it is not intended to and does not present the financial position, changes in net assets or cash flows of the Coalition.
Title: Note 2 - Summary of Significant Accounting Policies
Accounting Policies: Title 2 U.S. Code of Federal Regulations (CFR) Part 200, Uniform
Administrative Requirements, Cost Principles and Audit Requirements for Federal Awards.
De Minimis Rate Used: N
Rate Explanation: Auditee used actual cost basis
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, wherein certain types of expenditures are not allowable or are limited as to reimbursement. The Coalition has not elected to use the 10 percent de minimis indirect cost rate as allowed under the Uniform Guidance
Title: Note 3 – Reconciliation to financial statements
Accounting Policies: Title 2 U.S. Code of Federal Regulations (CFR) Part 200, Uniform
Administrative Requirements, Cost Principles and Audit Requirements for Federal Awards.
De Minimis Rate Used: N
Rate Explanation: Auditee used actual cost basis
Governmental agency grants and contracts per the Statement of Activities $ 21,791,164
Less: Non-federal grants and contracts (1,280,510)
Total expenditures per the Schedule of Expenditures of Federal Awards $ 20,510,654
Title: Note 4 – Clusters of programs
Accounting Policies: Title 2 U.S. Code of Federal Regulations (CFR) Part 200, Uniform
Administrative Requirements, Cost Principles and Audit Requirements for Federal Awards.
De Minimis Rate Used: N
Rate Explanation: Auditee used actual cost basis
The following are clustered by the United States Department of Housing and Urban Development and are treated separately for state audit requirement purposes; Community Development Block Grant (CDBG) Entitlement Program.
Title: Note 5 – Commitments and contingencies
Accounting Policies: Title 2 U.S. Code of Federal Regulations (CFR) Part 200, Uniform
Administrative Requirements, Cost Principles and Audit Requirements for Federal Awards.
De Minimis Rate Used: N
Rate Explanation: Auditee used actual cost basis
Federal grants received by the Coalition are subject to review and audit by grantor agencies. The Coalition’s management believes that the results of such audits will not have a material effect on the Schedule