Notes to SEFA
Expenditures on the Schedule are reported on the accrual basis of accounting. Such expenditures are recognized following the cost principles in the Uniform Guidance, wherein certain types of expenditures are not allowable or are limited as to reimbursement.
The accompanying schedule of expenditures of federal awards (the Schedule) includes the federal award activity of Habitat for Humanity East Central Ohio (Habitat) under programs of the federal government for the year ended June 30, 2024. 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 Habitat, it is not intended to and does not present the financial position, changes in net assets, or cash flows of the Organization.
Habitat has elected not to use the 15-percent de minimis indirect cost rate as allowed under the Uniform Guidance.
The Organization provided $97,500 in federal awards to subrecipients during the year ended June 30, 2025.
The Organization received no federal awards of non-monetary assistance that are required to be disclosed for the year ended June 30, 2025. The Organization had no loans, loan guarantees, or federally restricted endowment funds required to be disclosed for the year ended June 30, 2025. The Organization had no loans, loan guarantees, or federally restricted endowment funds required to be disclosed for the year ended June 30, 2024.