Notes to SEFA
The accompanying schedule of expenditures of federal awards (the Schedule) includes the federal grant activity of Partners for HOME, Inc. (the Organization) under programs of the federal government for the year ended June 30, 2025, and is based on the accrual basis of accounting. The information in the Schedule is presented in accordance with the requirements of Title 2 U.S. Code of Federal Regulations (CFR) Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards. Because the Schedule presents only a selected portion of the operations of PFH, it is not intended to and does not present the financial position, changes in net assets or cash flows of PFH.
The Organization has elected not to use the de minimis indirect cost rate allowed under theUniform Guidance.
There were subawards of $8,883,455 passed through to subrecipients during the year ended June 30, 2025.