The accompanying schedule of expenditures of federal and state of Texas awards includes the federal and state grant activity of The Family Initiative, Inc. and Affiliates, for the year ended June 30, 2025. All federal awards passed through other governmental agencies are included on the schedule.
The accompanying schedules of expenditures of federal and state of Texas awards (the “Schedules”) include the federal and state award activity of The Family Initiative, Inc. under programs of the federal and state of Texas governments 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) and Texas Grant Management Standards (TxGMS). Because the Schedules present only a selected portion of the operations of The Family Initiative, Inc., it is not intended to and does not present the financial position, changes in net assets or cash flows of The Family Initiative, Inc.
Expenditures reported on the Schedules are reported on the accrual basis of accounting. Such expenditures are recognized following the cost principles contained in the Uniform Guidance, wherein certain types of expenditures are not allowable or are limited as to reimbursement.
During the year, The Family Initiative, Inc. and Affiliates, operated as the monitoring and administrative agent of a contract for the Texas Department of Family and Protective Services. Responsibilities under this contract include the monitoring of contracting agencies with which its program placed foster children.
The Family Initiative, Inc. and Affiliates, did not receive any other federal or state awards in the form of noncash assistance, insurance, loans, or loan guarantees and incurred no expenditures in relation thereof for the year ended June 30, 2025.
State awards received by The Family Initiative, Inc. and Affiliates, from Texas and Kansas during the year consisted of federal pass-through funds commingled with state general revenue funds or state funds only.
The Family Initiative, Inc. and Affiliates, has elected to use the de minimis indirect cost rate on selected contracts as agreed upon with those grantors. For the remaining federal and state contracts, it continues to use the rates negotiated individually with the grantors for that specific contract.