Notes to SEFA
The accompanying Schedule of Expenditures of Federal Awards (the "Schedule") presents the activity of all the programs of Passageway Residence of Dade County, Inc. (the "Organization") over which the Organization exercised direct operating control for the year ended June 30, 2025. All federal and state award programs received during the year ended June 30, 2025 from federal agencies and state agencies are included in this Schedule.
The accompanying Schedule is presented using the accrual basis of accounting. The information in the Schedule is presented in accordance with requirements of Title 2 U.S. Code of Federal Regulations (CFR) Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards. Therefore, some amounts presented in this Schedule may differ from amounts presented in, or used in the preparation of, the basic financial statements.
Passageway Residence of Dade County’s indirect cost is significantly less than ten percent. Passageway Residence of Dade County did not elect to use the 10 percent de-minimis indirect cost rate.