Notes to SEFA
The accompanying schedule of expenditures of federal awards (Schedule) includes the federal award activity of Northwest Michigan Habitat for Humanity, Inc. (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 Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance). Because the Schedule presents only a selected portion of the operations of the Association, it is not intended to and does not present the financial position, changes in net assets, functional expenses, or cash flows of Northwest Michigan Habitat for Humanity, Inc.
Revenue reported as grants in the June 30, 2025 statement of activities $1,783,395. Revenue reported as grants in the June 30, 2025 statement of activities received from nonfederal sources (408,395). Expenditures per schedule of expenditures of federal awards $1,375,000.