Notes to SEFA
The accompanying schedule of expenditures of federal awards (the Schedule) includes the federal award activity of Coalition to Restore Coastal Louisiana under programs of the federal government for the year ended June 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). Because the Schedule presents only a selected portion of the operations of Coalition to Restore Coastal Louisiana, it is not intended to and does not present the financial position, changes in net assets, or cash flows of Coalition to Restore Coastal Louisiana.
The accompanying Schedule of Expenditures of Federal Awards are presented using the accrual basis of accounting, which is described in Note 1 to the Organization’s financial statements for the years ended June 30, 2025, and 2024. Such expenditures are recognized following the cost principles contained in the Uniform Guidance, wherein certain types of expenditure are not allowable or are limited as to reimbursement.
For the year ended June 30, 2025, total federal award revenue of $963,001 is reported in grant revenue with donor restrictions reflected in the statement of activities.
Coalition to Restore Coastal Louisiana has elected to use the 10% de minimis indirect cost rate as provided for in section 200.413 of the Uniform Guidance.