Notes to SEFA
The accompanying Schedule of Expenditures of Federal Awards (the “Schedule”) includes the federal grant activity of Catholic Charities of Southeast Michigan and Subsidiary under programs of the federal government for the year ended September 30, 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. Because the Schedule presents only a selected portion of the operations of Catholic Charities of Southeast Michigan and Subsidiary, it is not intended to and does not present the consolidated financial position, changes in net assets or cash flows of Catholic Charities of Southeast Michigan and Subsidiary.
Expenditures reported on the Schedule are determined using the accrual basis of accounting. Such expenditures are recognized following the cost principles contained in the Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards, wherein certain types of expenditures are not allowable or are limited as to reimbursement.
The Organization has not elected to use the 15-percent de minimis indirect cost rate allowed under the Uniform Guidance. Instead, the Organization uses an approved indirect cost rate of 19.08%.
All subsequent events relative to the major programs were evaluated through May 11, 2026, the date the accompanying reports were available to be issued.