The accompanying schedule of expenditures of federal awards (the Schedule) includes the federal award activity of Homeless Action Network of Detroit under programs of the federal government for the year ended June 30, 2024. 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). Because the Schedule presents only a selected portion of the operations of Homeless Action Network of Detroit, it is not intended to and does not present the financial position, changes in net assets, or cash flows of Homeless Action Network of Detroit.
The federal revenues per the financial statements reconcile to the schedule of expenditures of federal awards as follows: Federal and state grants on statement of activities $ 6,893,144 Nonfederal grant revenue (state and other grants) (848,942) Expenditures per schedule of expenditures of federal awards $ 6,044,202
Amounts provided to subrecipients for the year ended were as follows: Assistance Listing Subrecipients Number Totals Wayne Metro Community Action Agency 14.231 $ 115,000 Freedom House 14.231 10,250 Community and Home Support 14.231 48,424 173,674 United Community Housing Coalition 14.239 733,214 Community and Home Support 14.239 77,621 810,835 Freedom House 14.267 167,279 Community and Home Support 14.276 271,633 Ruth Ellis Center 14.276 82,494 Detroit Phoenix Center 14.276 123,803 Methodist Children's Home Society 14.276 547,167 1,025,097 Wayne Metro Community Action Agency 21.023 (1,465,491) United Community Housing Coalition 21.023 2,624,652 1,159,161 Community and Home Support 21.027 38,031 $ 3,374,077 The negative amounts represent advances made to subrecipients, which are expected to be offset by expenses incurred by the subrecipients in future fiscal years. If a subrecipient’s expenses exceed the refundable advance, additional funding may be available based on the terms of the award. In such cases, Homeless Action Network of Detroit could receive additional funding, which would then be passed through to the subrecipient.