Notes to SEFA
The accompanying schedule of expenditures of federal awards (SEFA) includes the federal award activity of Children’s Home and Aid Society of Illinois and Affiliates dba: Brightpoint and Affiliates (the Agency) under programs of the federal government for the year ended June 30, 2025. The information in this SEFA is presented in accordance with the requirements of 2 CFR Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance). As the SEFA presents only a selected portion of the operations of the Agency, it is not intended to and does not present the financial position, changes in net assets, or cash flows of the Agency.
Expenditures consist of direct and indirect costs. Direct costs are those that can be easily identified with an individual federally-sponsored program. The salary of a social worker of a sponsored program and the materials consumed by the program are examples of direct costs. Unlike direct costs, indirect costs cannot easily be identified with an individual federally-sponsored program. Indirect costs are the costs of services and resources that benefit many sponsored programs, as well as nonsponsored projects and activities. Indirect costs consist of expenses incurred for such items as administration, plant maintenance, and building and equipment depreciation. The federal agencies use an indirect cost rate to charge indirect costs to individual federally-sponsored programs. The rate is the result of a number of cost allocation procedures that the Agency uses to allocate its indirect costs to both sponsored and nonsponsored activities. The costs allocated to sponsored programs are divided by the direct costs of sponsored programs to arrive at a rate. The U.S. Department of Health and Human Services (DHHS) must approve the rate before the Agency can use it to charge indirect costs to federally-sponsored programs.
There were no amounts of noncash assistance, insurance, loans, or loan guarantees outstanding as of and for the year ended June 30, 2025.