FAC Explorer

Audit 396539

FY End
2025-06-30
Total Expended
$939,556
Findings
0
Programs
5
Organization: MIDCOAST WATERSHEDS COUNCIL (OR)
Year: 2025 Accepted: 2026-03-30
Auditor: GRIMSTAD CPA

Organization Exclusion Status:

Findings

No findings recorded

Programs

ALN Program Spent Major Findings
11.438 PACIFIC COAST SALMON RECOVERY PACIFIC SALMON TREATY PROGRAM $246,556 Yes 0
15.015 GOOD NEIGHBOR AUTHORITY $195,693 Yes 0
11.473 OFFICE FOR COASTAL MANAGEMENT $99,460 Yes 0
15.234 SECURE RURAL SCHOOLS AND COMMUNITY SELF-DETERMINATION $48,438 Yes 0
11.463 HABITAT CONSERVATION $25,893 Yes 0

Contacts

Name Title Type
WL7SAK2GSKW1 Tanya Graham Auditee
5412659195 Signe Grimstad Auditor
No contacts on file

Notes to SEFA

The accompanying schedule of expenditures of federal awards (SEFA) includes the federal award activity of Midcoast Watersheds Council (MCWC) under programs of the federal government for the year ended June 30, 2025. The information in the SEFA is prepared 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 SEFA presents only a selected portion of the operations of MCWC, it is not intended to and does not present the financial position, changes in net assets, or cash flows of MCWC.
Expenditures reported on the SEFA are reported on the accrual basis of accounting. Such expenditures are recognized following the cost principles contained in Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards, wherein certain types of expenditures are not allowable or are limited as to reimbursement. MCWC elected to use the ten percent de minimis indirect cost rate as allowed under the Uniform Guidance when a grant or contract did not specify the indirect cost rate.