Notes to SEFA
The accompanying schedule of expenditures of federal awards includes the federal activity of the Alzheimer’s Association and affiliates for the year ended June 30, 2025 and is presented on the accrual basis of accounting. 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 (Uniform Guidance. Therefore, some amounts presented in this schedule may differ from amounts presented in or used in the preparation of the basic consolidated financial statements.
The Alzheimer’s Association’s federally negotiated indirect cost rate was changed to 30.0% for all new contracts beginning on or after April 1, 2024. The Association had been using its previously federally negotiated indirect cost rate of 26.0% since October 1, 2021.