Notes to SEFA
The accompanying schedule of expenditures of federal awards (the Schedule) includes the federal award activity of SC Thrive (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 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 Organization, it is not intended to and does not present the financial position, changes in net assets, or cash flows of the organization
Expenditures reported on the Schedule are reported on the accrual basis of accounting as described in Note A to the financial statements. 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.
Participants of the supplementary nutrition assistance program are as follows: 7 Dimensions $ 24,981 AccessHealth Spartanburg 28,860 Anderson Interfaith Ministries 39,506 Care South Carolina 360,346 Churches Assisting People 19,864 Community Initiatives, Inc. 85,534 Community Medical Clinic of Kershaw 66,951 Golden Harvest Food Bank 27,132 Helping Hands of Myrtle Beach 9,173 Hope Health 95,013 Little River Medical Center 42,906 North Strand Helping Hand 25,413 One80 Place 30,329 Transitions 79,631 Trident United Way 77,613 United Way of Horry County 68,272 TOTAL $ 1,081,524
The Organization has elected not to use the 15% de minimis indirect cost rate allowed under the uniform Guidance.