Notes to SEFA
The accompanying schedule of expenditure of federal awards includes the federal grant activity of Catholic Charities of the Diocese of Baton Rouge, Inc. and is presented on the accrual basis of accounting. The information in this schedule is presented in accordance with the requirements of Uniform Guidance, Audits of States, Local Governments, and Non-Profit Organizations.
Reconciliation of expenses to federal expenditures: Total Expenses $ 14,702,788 Less: Non-Federal Award Expenses 5,022,333 Total Federal Expenditures $ 9,680,455 Reconciliation to grant assistance revenues: Total Federal expenditures $ 9,680,455 USDA Commodities on hand (44,913) State assistance received 59,554 Total Grant Assistance $ 9,695,096
The Organization has not elected to use the 10 percent de minimus interest cost rate as allowed under Uniform Guidance.
Non-monetary assistance is reported in the schedule at fair market value of the commodities received based on a dollar value per pound. The Organization received $457,016 of commodities and disbursed $466,909 during the fiscal year ended June 30, 2025. Commodities disbursed are reported in the statement of functional expenses as specific assistance to individuals under the stabilizing families and individuals’ program.