Notes to SEFA
The accompanying Schedule of Expenditures of Federal and State Awards (the Schedule) includes the federal and state grant activity of The Ecumenical Center for Health and Religion dba The Ecumenical Center (the Center) under programs of the federal and state government for the year ended December 31, 2024. The information in the Schedule is presented in accordance with the requirements of the Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Costs Principles, and Audit Requirements for Federal Awards (Uniform Guidance) and the Texas Uniform Grant Management Standards (TxGMS). Because the Schedule presents only a selected portion of the operations of the Center, it is not intended to, and does not, present the financial position, changes in net assets, or cash flows of the Center. Therefore, some amounts presented in this schedule may differ from amounts presented in, or used in the preparation of, the basic financial statements. Awards received by the Center for federal and state grants were in the form of cash assistance. The Center did not have federal or state funded insurance programs or loan guarantees during the year ended December 31, 2024. The Center has an indirect cost rate of 10%.
Expenditures reported on the Schedule are reported on the accrual basis of accounting in accordance with accounting principles generally accepted in the United States of America (GAAP). 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. A reconciliation of the state awards to the cash basis is as follows: Total expenditures of state awards per financial statements $ 948,859 Less: Accounts receivable at December 31, 2024 (403,267) Add: Accounts receivable at December 31, 2023 296,241 Total expenditures of state awards - cash basis $ 841,833
Total expenditures of federal awards $ 858,780 Total expenditures of state awards 948,859 Other grant expenditures 14,618 Total expenditures of state awards per financial statements 1,822,257 Total government grants per statement of activities $ 1,822,257