Notes to SEFA
The accompanying schedule of expenditures of federal awards (the Schedule) presents the activity of all federal award programs of Kids on the Move, Inc. (the Organization) for the year ended June 30, 2025. All federal financial awards received directly from federal agencies as well as federal financial awards passed through from other government agencies are included on the schedule. 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 Organization, it is not intended and does not present the financial position, changes in net assets or cash flows of the Organization.
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. Pass-through entity identifying numbers are presented where available. The Organization has elected not to use the 10-percent de minimis indirect cost rate allowed under the Uniform Guidance.
The Organization did not provide Federal award funding to any subrecipients during the year ended June 30, 2025.
The Organization received $1,004,646 of Medical Assistance Program monies through the State of Utah Department of Health for services provided to eligible participants. These funds are included as federal revenues on the statement of activities but are not included on the Schedule. Federal revenues for the year ended June 30, 2025 is reported in the Organization’s statement of activities as detailed in the table.