Notes to SEFA
Description of Organization ‐ Voices of Tomorrow (the Organization) is a community-based organization serving childcare providers and families in King County’s East African immigrant and refugee community. The Organization aims to reduce disparities for East African immigrant and refugee children in King County
The accompanying schedule of expenditures of federal awards (the "Schedule") includes the federal award activity of the Organization under programs of the federal government for the year ended December 31, 2023. 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 to and does not present the financial position, changes in net assets, or cash flows of the Organization.
Expenditures - Expenditures reported on the Schedule are reported on the accrual basis of accounting. Such expenditures are recognized following cost principles in the Uniform Guidance, wherein certain types of expenditures are not allowable or are limited as to reimbursement. Indirect Cost Rates ‐ The Organization has elected not to use the 10% de minimis indirect cost rate allowed under the Uniform Guidance. Use of Estimates ‐ The preparation of the Schedule in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the amounts reported in the Schedule and accompanying notes. Actual results could differ from those estimates. Contingencies - Expenses incurred under federal programs are subject to audit by the awarding agencies. If, as a result of such an audit, certain expenses incurred are determined to not be reimbursable, the Organization may be liable for repayment of disallowed expenses previously claimed or received. Subsequent Events ‐ The Organization has evaluated subsequent events through February 26, 2026, the date on which the Schedule was available to be issued.