Notes to SEFA
The Schedule of Expenditures of Federal Awards (the Schedule) includes the federal grant activity of Community AIDS Resource and Education Services of Southwest Michigan dba Cares Sexual Wellness Services (the Organization) under programs of the federal government for the year ended September 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). Therefore, some amounts presented in the Schedule may differ from amounts presented in, or used in the preparation of the financial statements.
Expenditures reported on the Schedule are reported on the accrual basis of accounting. Such expenditures are recognized following the cost principles contained in the Uniform Guidance, wherein certain types of expenditures are not allowable or are limited as to reimbursement. The Organization has elected to not use the 10% de minimis indirect cost rate allowed under the Uniform Guidance.
No amounts were provided to subrecipients.
The following reconciles the schedule of expenditures of federal awards to the financial statements: Government grants and contracts on Statement of Activities $ 1,654,811 Non-federal portion of expenditures (388,781) Federal expenditures $ 1,266,030