Notes to SEFA
The accompanying schedule of expenditures of federal awards includes federal grant activity of The Center of Concern and is presented on an accrual basis of accounting. The information in this schedule is presented in accordance with requirements of the Uniform Guidance, Audits of States, Local Governments, and Non-Profit Organizations. Therefore, some amounts presented in this schedule may differ from amounts presented in, or used for preparation of, the basic financial statements.
None.
The Center of Concern has State approval to utilize the 10-15% de minimis indirect cost rate. For the fiscal year ended June 30, 2025, the Organization elected to use the 10-15% de minimis rate.
None.
The Center of Concern did not have federal awards expended for loan or loan guarantee programs for the fiscal year ended June 30, 2025.