Notes to SEFA
The accompanying schedule of expenditures of federal, state and city awards for the year ended June 30, 2025, presents the activities in the federal, state and city awards programs that the Organization received through the City of Philadelphia and other governmental agencies.
The accompanying schedule of expenditures of federal, state and city awards is presented using the accrual method of accounting. Program expenditures, reported on the statements of functional expenses as program services, are stated net of other offsetting revenue in support of the program, in accordance with the Pennsylvania Department of Welfare 4300 Regulations.
The Organization has not elected to use the federal de minimis indirect cost rate.