Notes to SEFA
The expenditures for each of the federal and state financial assistance programs are presented on the accrual basis of accounting, consistent with the Organization’s basic financial statements. The amounts reported in the financial statements agree with the amounts reported in the schedule as follows:
In accordance with the terms of the Early Childhood Intervention Program, the Organization provided sources of funds other than federal and state to support the program totaling $3,494,959 for the year ended August 31, 2025.
Any Baby Can of Austin, Inc. carried insurance coverage of $2,000,000 per incident for employee theft and $500,000 for forgery and alteration during the grant period.