Notes to SEFA
The accompanying Schedule of Expenditures of Federal Awards (the “Schedule”) includes the Federal grant activity of The Cara Program dba Cara Chicago and Subsidiaries (the “Organization”), under programs of the federal government for the year ended June 30, 2025. The information in this schedule is presented in accordance with the requirements of Title 2 U.S. Code of Federal Regulations (CFR) Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards. Because this schedule presents only a selected portion of the operations of the Organization it is not intended to and does not present the financial position, changes in net assets or cash flows of The Cara Program dba Cara Chicago and Subsidiaries.
Expenditures reported on the Schedule are reported on the accrual basis of accounting. Such expenditures are recognized following the cost principles contained in 2 CFR Part 230 – Cost Principles for Non-Profit Organizations (OMB Circular A-122), wherein certain types of expenditures are not allowed or are limited as to reimbursement. Negative amounts shown on the SEFA represent adjustments or credits made in the normal course of business to amounts reported as expenditures in prior years. The Organization has not elected to use the 10-percent de minimis indirect cost rate as allowed under the Uniform Guidance.
The Organization did not provide any federal awards to sub-recipients during the year ended June 30, 2025.
Amount of non-cash assistance None Amount of insurance None Amount of loans None Amount of loan guarantees None