Notes to SEFA
The accompanying schedule of expenditures of federal awards (the Schedule) includes the federal award activity of Detroit Recovery Project, Inc. under programs of the federal government for the year ended September 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). Because the Schedule presents only a selected portion of the operations of Detroit Recovery Project, Inc., it is not intended to and does not present the financial position, changes in net assets, or cash flows of Detroit Recovery Project, Inc.
The schedule of expenditures of federal awards reconciles to the statement of activities as follows: Schedule of expenditures of federal grants $ 7,003,495 Nonfederal grants and contracts 624,175 Federal and state grants and contracts $ 7,627,670
No amounts were provided to subrecipients.