Notes to SEFA
The accompanying schedule of expenditures of federal and state awards (the Schedule) includes the federal and state grant activity of La Causa, Inc. (the Organization) under programs of the federal and state government for the year ended December 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) and the State Single Audit Guidelines (Guidelines). Because the Schedule presents only a selected portion of the operations of the Organization, it is not intended to and does not present the financial position, changes in net assets or cash flows of the Organization.
The Organization earned $7,002,818 of revenue from the Non-Instrumentality Charter School. The grant received from Milwaukee Public Schools could not be confirmed by the funding source as being either federal or state monies and was, therefore, not included in the Schedule. These monies are reflected as fees for services on the statements of activities.
Included in deferred revenue on the statements of financial position are the amounts due to purchaser reflected on the reserve supplementary schedules. Management intends to use the amount recorded in deferred revenue to provide program services in future years. The Organization may be contacted by certain funding sources to settle excess reserves. Any unpaid amounts that have been requested by the purchaser as of December 31, 2025 are recorded as separate payables on the statements of financial position.
The Organization did not have any subrecipient expenditures for the year ended December 31, 2025.