Notes to SEFA
The accompanying schedule of expenditures of federal awards (the “Schedule”) includes the federal grant expenditures of Catholic Charities, Inc. (collectively, “Catholic Charities”) for the year ended June 30, 2025 and is prepared 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”). It is not intended to and does not present the financial position, changes in net assets, or cash flows of Catholic Charities, as a whole.
Catholic Charities is a subrecipient of various federal funds, which are reported as expenditures and presented as federal pass-through funds in the accompanying Schedule. In addition, Catholic Charities did not provide any federal funds to subrecipients.
Catholic Charities has elected not to use the 10-percent de minimis indirect cost rate as provided by §200.414 Indirect (F&A) Costs of the Uniform Guidance.