Notes to SEFA
All Federal grant operations of United Way of Central Maryland, Inc. are included in the scope of Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (the Single Audit). The Single Audit was performed in accordance with the provisions of the OMB Compliance Supplement (the Compliance Supplement). Compliance testing of all requirements, as described in the Compliance Supplement, was performed for the grant programs noted below. The programs on the schedule of expenditures of federal awards (the Schedule) represent all federal award programs with fiscal year 2025, cash or non-cash expenditure activities. For single audit testing, we tested to ensure coverage of at least 20% of federally granted funds. Actual coverage was 88%. The major programs tested are listed below. Expenditures reported on the Schedule are recognized following the cost principles contained in the Single Audit, wherein certain types of expenditures are not allowable or are limited as to reimbursement. United Way of Central Maryland, Inc. has elected not to use the 10-percent de minimis indirect cost rate as allowed under the Uniform Guidance.
The accompanying Schedule includes the Federal award activity of UWCM under programs of the Federal government for the year ended June 30, 2025 and is recorded on the accrual basis of accounting. The information in this Schedule is presented in accordance with the requirements of the Uniform Guidance.
The following schedule is a reconciliation of the total expenditures as shown on the Schedule and the grant income reported on the statement of activities and changes in net assets as of June 30, 2025, which is included as part of UWCM’s financial statements. Total Expenditures per the Schedule $ 6,006,729 State and local government and other grants 2,713,167 Grant income per the FY2025 Audited Financial Statements $ 8,719,896