Notes to SEFA
The accompanying schedule of expenditures of federal awards (the Schedule) includes the federal award activity of Shared Housing Center, Inc. (“the Center”) under programs of the federal government for the year 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 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 operation of the Center, it is not intended to and does not present the financial position, changes in net assets, and cash flows of the Center.
Federal grants received by the Center are subject to review and audit by grantor agencies. The Center’s management believes that the results of such audits will not have a material effect on the Schedule.
The Center does not participate with any subrecipient organizations for the administration or performance of its federal programs.