Notes to SEFA
The accompanying Schedule of Expenditures of Federal Awards (the “SEFA”) includes the Federal award activity of Law Center for Better Housing under programs of the federal government for the year December 31, 2025. The information in this schedule is presented in accordance with the requirements of Title 2 U.S. Code of Federal Regulations (CFR) Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance). Because this schedule presents only a selected portion of the operations of Law Center for Better Housing, it is not intended to and does not present the financial position, changes in net assets or cash flows of Law Center for Better Housing.
Expenditures reported on the SEFA are reported on the accrual basis of accounting. Such expenditures are recognized following the cost principles contained in the Uniform Guidance, wherein certain types of expenditures are not allowable or are limited as to reimbursement. Negative amounts shown on the SEFA represent adjustments or credits made in the normal course of business to amounts reported as expenditures in prior years. The Organization has elected to use the de minimis indirect cost rate as allowed under the Uniform Guidance.
The Organization did not provide any federal awards to sub-recipients during the year ended December 31, 2025.
Amount of non-cash assistance None Amount of insurance None Amount of loans None Amount of loan guarantees None