Notes to SEFA
Federal Financial Assistance - Pursuant to the Uniform Guidance, federal financial assistance is defined as assistance that nonfederal entities receive or administer in the form of grants, cooperative agreements, loans, loan guarantees, property (including donated surplus property), interest subsidies, insurance, food commodities, direct appropriations and other assistance, but does not include amounts received as reimbursements for services rendered to individuals. Accordingly, nonmonetary federal assistance may be included in federal financial assistance and therefore, may be reported on the schedule. Federal financial assistance does not include direct federal cash assistance to individuals. Federal Assistance Listings – Uniform Guidance requires the schedule to show the total expenditures for each of the federal financial assistance programs as identified in the Federal Assistance Listings. The Federal Assistance Listings are the government wide compendium of individual federal programs.
The Uniform Guidance established the levels of expenditures to be used in defining major federal financial assistance programs. The dollar threshold to distinguish type A and type B programs was $750,000.
The schedule includes all federal financial assistance programs administered by the Organization.
Federal financial assistance expenditures included in the schedule are reported using the accrual basis of accounting.
The Organization did not elect to use the de minimis indirect cost rate.
The Organization did not provide federal awards to subrecipients during the year ended June 30, 2025.