Notes to SEFA
The accompanying schedule of expenditures of Federal Awards including all the federal activities of Jersey City Connections (dba) Hudson Pride Center (“Hudson Pride”). All federal awards received directly from federal agencies, as well as federal awards passed through other governmental agencies are included.
The schedules of expenditures of federal awards (“the schedule”) includes the federal award grant activity of Hudson Pride under programs of the federal government for the years ended December 31, 2024. The information in the 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). Because the schedule presents only a selected portion of the operations of Hudson Pride, it is not intended to and does not present the financial position, changes in net assets, or cash flows of Hudson Pride.
The accompanying 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 the Uniform Guidance and OMB Circular A-122, Cost Principles for Nonprofit Organizations, wherein certain types of expenditures are not allowable or are limited as to reimbursement. Pass-through entity identifying numbers have been presented where available.
Hudson Pride does not utilize the 10 percent de minimis indirect cost rate allowed under the Uniform Guidance.