Notes to SEFA
The accompanying schedule of expenditures of federal awards includes the federal grant activity of YOUTH CONSERVATION CORPS AND AFFILIATE and is presented on the accrual basis of accounting. The information in this 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). Therefore, some amounts presented in this schedule may differ from amounts presented in, or used in, the preparation of the consolidated financial statements.
No federal funds were provided to subrecipients during the year ended December 31, 2024.
No federal awards were expended in the form of non-cash assistance during the year ended December 31, 2024.
The Organization had no federal loans, loan guarantees, or federally-funded insurance in effect during the year ended December 31, 2024.
The Organization’s federal oversight agency is the U.S. Department of Labor.
The Organization has elected to use the 10% de minimis indirect cost rate.