Notes to SEFA
Reporting Entity: The schedule of expenditures of federal awards (the “Schedule”) includes the activity of all the federal grant programs administered by the Corporation and is defined in Note 1 of the financial statements. Basis of Presentation: The Schedule presents total federal awards expended for each individual program in accordance with Government Auditing Standards, issued by the Comptroller General of the United States, and the audit 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). Basis of Accounting: The expenditures for the federal financial assistance program is presented on the accrual basis of accounting. Such expenditures are recognized following the cost principles contained in Government Auditing Standards, issued by the Comptroller General of the United States, and the requirements of Uniform Guidance, wherein certain types of expenditures are not allowable or are limited as to reimbursement.
Expenditures included in the schedule may differ from amounts reflected in the financial reports submitted to grant awarding agencies for the following reasons: Expenses accrued at the end of the Corporation's year may not be included in the financial reports submitted to grant awarding agencies until after year-end; and Differences may exist between grant periods and the Corporation’s accounting period.
The Corporation does not have indirect costs and, therefore, the use of the 10% de minimus indirect cost rate as allowable under the Uniform Guidance, Section 414 is not applicable.
The Corporation receives reimbursements from the Texas Department of Agriculture whereby home-based providers submit for service claims for meals served to approved children and adults. The Corporation did not serve as a pass-through to subrecipients for the year ended September 30, 2025.