Notes to SEFA
The accompanying schedule of expenditures of Federal Awards including all the federal activities of FOCUS Hispanic Centerfor Community Development (“the Organization”). All federal awards received directly from federal agencies, as well asfederal awards passed through other governmental agencies are included.
The Schedules of expenditures of federal awards (the Schedule) include the federal award grant activity of the Organization under programs of the federal government for the years ended December 31, 2024. 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.
The accompanying schedule of expenditures of federal awards are reported on the accrual basis of accounting. The information in these schedules is presented in accordance with the requirements of the Uniform Guidance and OMB Circular A-122, Cost Principles for Nonprofit Organizations, wherein certain types of expenditures are not allowable or are limited as to reimbursement. Pass-through entity identifying numbers have been presented where available.
The Organization does not utilize the 10 percent de minimis indirect cost rate allowed under the Uniform Guidance.