Notes to SEFA
The accompanying Schedule of Expenditures of Federal Awards (the Schedule) includes the Federal award activity of The Community Partnership 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 (Uniform Guidance). Because the Schedule presents only a selected portion of the operations of The Community Partnership, it is not intended to, and does not, present the consolidated financial position, changes in net assets or cash flows of The Community Partnership.
Expenditures included on the Schedule are reported on the accrual basis of accounting. Such expenditures are recognized following the cost principles in the Uniform Guidance, wherein certain types of expenditures are not allowable or are limited as to reimbursement. The Community Partnership has a negotiated indirect cost rate of 17.95% with the U.S. Department of Housing and Urban Development, which is included in its grant agreement. In accordance with the legislation governing appropriations for its Federal awards, The Community Partnership has elected to use an indirect cost rate of 10%. This rate is lower than the 15% de minimis indirect cost rate permitted under the Uniform Guidance effective on October 1, 2024.
Support from government grants and agreements as reported on the accompanying Consolidated Statement of Activities and Change in Net Assets totaled $136,718,125 for the year ended September 30, 2025. Since this amount does not agree to the Schedule, following is a reconciliation of the Schedule to the total support from government grants and contracts for the year ended September 30, 2025: Federal expenditures reported on the Schedule $ 26,015,078 District of Columbia grants and agreements 110,703,047 TOTAL $ 136,718,125