Notes to SEFA
The accompanying Schedule of Expenditures of Federal Awards includes the federal grant activity of HOPE Services Hawaii, Inc. (the Organization) programs of the federal government for the year ended August 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). Because the Schedule presents only a selected portion of the operations of HOPE Services Hawaii, Inc., it is not intended to and does not present the financial position, changes in net assets, or cash flows of HOPE Services Hawaii, Inc.
Basis of Accounting: Expenditures reported on this schedule 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. Indirect Cost Rate: The Organization has elected not to use the 10% de minimis indirect cost rate allowed under the Uniform Guidance. Matching Requirements: Certain Federal Programs require HOPE Services Hawaii, Inc. to contribute non-Federal matching funds to support the Federally-funded programs. The Organization has met the matching requirements. The Schedule does not include the expenditure of non-Federal matching funds.
No federal awards were passed through to subrecipients.
Federal funds were paid to the Roman Catholic Diocese of Hawaii (“RCCH”), a related party, totaling $15,378 for defined contribution plan employer match, insurance, and building and lease expense, under the HUD Continuum of Care Program during the year ending August 31, 2025.