Notes to SEFA
The accompanying schedule of expenditures of Federal awards is presented on the accrual basis of accounting. Such expenditures are recognized following, as applicable, the cost principles in Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards, wherein certain types of expenditures are not allowable or are limited as to reimbursement.
Care for Real provided no Federal awards to sub-recipients during the year ended March 31, 2025.
The value of the noncash assistance received was determined in accordance with the provisions of the Uniform Guidance. Care for Real received noncash food commodities assistance during the year ended March 31, 2025 of $2,354,659 from the Greater Chicago Food Depository, which is included on the schedule of expenditures of federal awards. There were no other amounts of noncash assistance.
During the year ended March 31, 2025, Care for Real received no insurance, loans, loan guarantees or other Federal assistance for the purpose of administering Federal programs.