Notes to SEFA
The accompanying schedule of expenditures of federal awards includes the federal grant activity of the Organization under programs of the federal government for the year ended December 31, 2025. The information in this schedule is presented in accordance with the requirement of the Uniform Guidance, Audits of States, Local Governments, and Non-Profit Organizations. Therefore, some amounts presented in this schedule may differ from amounts presented in, or used in the preparation of, the basic financial statements.
Expenditures reported on this schedule are reported on the accrual basis of accounting. Such expenditures are recognized in accordance with the cost principles contained in 2 CFR 200 Subpart E, which specify that certain types of expenditures are unallowable or subject to limitation for reimbursement.
Pass-through entity identifying numbers are presented where available.
No federal expenditures presented in this schedule were provided to subrecipients.
During the year ended December 31, 2025, the Organization did not elect to use the 15% de minimis indirect cost rate.