Notes to SEFA
The accompanying Schedule of Expenditures of Federal Awards ("SEFA") presents the federal award activity of New Mexico Coalition to End Homelessness ("NMCEH") for the year ended September 30, 2025. The SEFA is presented on the accrual basis of accounting. Federal awards are recognized as expenditures when the activity related to the federal award occurs, in accordance with 2 CFR §200.502. Amounts reported in the SEFA are derived from and are a component of NMCEH’s accounting records and financial reporting. Federal awards received directly from federal agencies are presented as direct awards. Federal awards received through pass-through entities are identified by the pass-through entity name and the identifying number assigned by the pass-through entity.
NMCEH did not provide federal funds to subrecipients during the year ended September 30, 2025.
NMCEH elected to use the de minimis indirect cost rate under 2 CFR §200.414(f). NMCEH used a de minimis indirect cost rate of 15 percent of modified total direct costs.
NMCEH did not receive any non-cash assistance during the fiscal year ending September 30, 2025.