Notes to SEFA
The schedule of expenditures of federal awards includes the federal award activity of Gospel Center Rescue Mission, Inc. and Subsidiary (A Nonprofit Corporation) 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 (CPR), 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 Gospel Center Rescue Mission, Inc. and Subsidiary, it is not intended to and does not present the fmancial position, changes in net assets, or cash flows of Gospel Center Rescue Mission, Inc. and Subsidiary.
Gospel Center Rescue Mission, Inc. has received U.S. Department of Housing and Urban Development forgivable loans through the Community Development Block Grant program. The federal expenditures for the loans shown on the schedule include balances of loans from previous years for which compliance requirements continue.