Notes to SEFA
The accompanying schedule of expenditures of federal awards (SEFA) includes the federal awardactivity of Sycamore Rehabilitation Services / Hendricks County ARC, Inc. dba Sycamore Services, Inc. (Sycamore Services) under programs of the federal government for the year ended June 30, 2025.The information in the SEFA 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 (the Uniform Guidance). Therefore, some of the amounts presented in the SEFA may differ from amounts presented in or used in the preparation of the basic consolidated financial statements. The basic consolidated financial statement classifications may include other financial activity for reporting purposes.
Expenditures reported on the SEFA are reported on the accrual basis of accounting. 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. The Center has elected to use the 10% de minimis indirect cost rate as allowed under the Uniform Guidance.
Sycamore Services did not pass through any federal awards to subrecipients during 2025.