Notes to SEFA
The accompanying schedule of expenditures of federal awards ("Schedule") includes the federal grant activity of Goodwill Industries of Kentucky, Inc. and Subsidiaries under programs of the federal government for the year ended December 31, 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"). Therefore, some amounts presented in the Schedule may differ from amounts presented in, or used in the preparation of, the accompanying consolidated financial statements.
The following is a reconciliation of the total expenditures of federal awards as shown on the schedule of expenditures of federal awards to the revenue shown as Governmental Revenue on the consolidated statement of activities and changes in net assets, which is included as a part of Goodwill's basic financial statements. See Notes to SEFA for chart/table.