Notes to SEFA
The accompanying Schedule of Expenditures of Federal Awards (the schedule) includes the federal grant activity of CARICOOS 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 operation of CARICOOS, it is not intended to and does not present the financial position, changes in net assets or cash flows of CARICOOS.
Expenditures reported on the schedule are reported on the accrual basis of accounting. 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.
The Assistance Listing Number (ALN), formerly known as the Catalog of Federal Domestic Assistance (CFDA) Number, is a five-digit number assigned in the awarding document for all federal assistance award mechanisms, including federal grants and cooperative agreements. Assistance listings are detailed public descriptions of federal programs that provide grants, loans, scholarships, insurance, and other types of assistance awards. The SAM.GOV assistance listing is the public online database showing all available federally funded programs.
State or local government redistributions of federal awards to CARICOOS, known as pass—through awards, should be treated by CARICOOS as though they were received directly from the federal government. The Uniform Guidance requires the schedule to include the name of the pass—through entity and the identifying number assigned by the pass-through entity for the federal awards received as a sub-recipient. Pass-through entity identifying numbers are presented when available. Numbers identified as N/A are not applicable and numbers identified as N/AV are not available.
CARICOOS has elected to use the de minimis indirect cost rate allowed under the Uniform Guidance. For Federal awards subject to the Uniform Guidance requirements effective prior to October 1, 2024, the Organization may apply a de minimis indirect cost rate of 10 percent of modified total direct costs (MTDC). For Federal awards subject to the revised Uniform Guidance effective October 1, 2024, the Organization may elect a de minimis indirect cost rate of up to 15 percent of MTDC.
See the Notes to the SEFA for chart/table.