Notes to SEFA
The accompanying schedule of expenditures of federal and state awards includes the federal and state grant activity of Head Start Child & Family Development Centers, Inc. 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). Therefore, some amounts presented in this schedule may differ from amounts presented in, or used in the preparation of, the financial statements. Where grant numbers are not available, an “N/A” has been indicated.
Head Start Child & Family Development Centers, Inc. provided no federal awards to subrecipients during the fiscal year ending May 31, 2026.
Head Start Child & Family Development Centers, Inc. received no federal or state awards of non-monetary assistance that are required to be disclosed for the fiscal year ended May 31, 2026. Head Start Child & Family Development Centers, Inc. had no federal or state loans or loan guarantors required to be disclosed for the year ended May 31, 2026.
Property and equipment acquired with grant funds are recorded as expenditures in the period of purchase instead of being capitalized and depreciated over their estimated useful lives as required by generally accepted accounting principles.