Notes to SEFA
The accompanying schedule of expenditures of federal awards (the Schedule) presents the activity of federal financial assistance programs administered by People’s Equal Action and Community Efforts, Inc. (the Agency), an entity as defined in the basic financial statements. The information in this Schedule is presented on the accrual basis and in accordance with 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 or used in the presentation of the financial statements.
Matching costs, i.e., the Agency’s share of certain program costs, are not included in the reported expenditures.
The Agency does not have any subrecipients of federal awards.