Notes to SEFA
The accompanying schedule of expenditures of federal awards includes the federal grant activity of 1736 Family Crisis Center under programs of the federal government for the year ended June 30, 2025. The information in this schedule is presented in accordance with the audit 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 1736 Family Crisis Center, it is not intended to and does not present the financial position, changes in net assets, or cash flows of 1736 Family Crisis Center.
During the year ended June 30, 2014, developments and milestones occurred regarding the construction of a new youth center in West Los Angeles which allowed the conditional non-interest-bearing loan payable to the Los Angeles Housing & Community Investment Department (Grant 114713) to be converted to a grant with donor restrictions and thus classified as net assets with donor restrictions. As of June 30, 2025, outstanding federally-funded net assets with donor restrictions, with continuing compliance requirements, are as follows: Federal Assistance Listing Number: 14.218; Grantor’s Number: 114713; Federal Program: CDBG-Entitlement Grants Cluster; Outstanding Net Assets With Donor Restrictions: $456,530; Net Assets With Donor Restrictions with Continuing Compliance Requirements Amount: $556,530.