Notes to SEFA
The accompanying schedule of expenditures of federal awards (the Schedule) includes the federal grant activity of all federal financial assistance programs of Huron Pines Resource Conservation & Development Council, Inc. (Huron Pines) (a Michigan nonprofit organization), 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 this Schedule may differ from amounts presented in or used in the preparation of the basic financial statements. The reporting entity for Huron Pines is defined in Note 2 to the financial statements. Expenditures reported on the Schedule are reported on the same basis of accounting as the basic financial statements. Such expenditures are recognized following the cost principles contained in the Uniform Guidance, where certain types of expenditures are not allowable or are limited to reimbursement. Negative amounts shown on the Schedule represent adjustments or credits made in the normal course of business to amounts reported as expenditures in prior years. Because the Schedule presents only a selected portion of the operations of Huron Pines it is not intended to, and does not present the financial position, changes in net assets, or cash flows, if applicable of Huron Pines. Federal financial assistance received directly from federal agencies as well as federal financial assistance passed through other governmental agencies is included on the schedule. Pass-through identifying numbers are presented where available. The Office of Management and Budget (OMB) Uniform Guidance established a risk-based approach to determine which federal programs were major programs. This risk-based approach included consideration of current and prior audit experience, oversight by federal agencies and pass-through entities, and the inherent risk of the federal program. Major program determination was performed and is defined in Section 200.518 of the Uniform Guidance, Subpart F.
Huron Pines has not elected to use the 15% de minimis indirect cost rate to recover indirect costs as allowed under Uniform Guidance.
The financial reports, including claims for advances and reimbursements, and amounts claimed or used for matching are timely, complete, accurate, and contain information that is supported by the books and records from which the basic financial statements have been prepared.
The prior year expenditures for Grant #15.608 – Upper Black River Road Crossing Improvements were understated in the prior year. As a result, the prior year amount was increased by $83, correcting the total expenditures to $163,922.