Notes to SEFA
Included in federal expenditures is a $2,030,900 capital advance outstanding balance at December 31, 2025. See Note G to the financial statement for further details.
Goodwill Industries of Acadiana Housing Corporation, Inc. d/b/a Maison de Goodwill has elected not to use the 15% de minimis cost rate.
The accompanying schedule of expenditures of federal awards includes the federal grant activity of Goodwill Industries of Acadiana Housing Corporation, Inc. d/b/a Maison de Goodwill and is presented on the accrual basis of accounting. The information in this schedule is presented in accordance with the requirements of the Uniform Guidance.