Notes to SEFA
The accompanying Schedule of Expenditures of Federal Awards (the “Schedule”) includes the federal award activity of Hopeful Horizons, Inc. under programs of the federal government for the year ended December 31, 2025. The information in this Schedule is presented on the accrual basis of accounting and in accordance with the requirements of the Uniform Guidance. Because the Schedule presents only a selected portion of the operations of Hopeful Horizons, Inc., it is not intended to and does not present the financial position or changes in net position of Hopeful Horizons, Inc.
Expenditures are recognized following the cost principles contained in 2 CFR Part 200, Cost Principles for Nonprofit Organizations, wherein certain types of expenditures are not allowable or are limited as to reimbursement. Matching costs, i.e., the non-federal share of certain program costs, are not included in the Schedule.
Hopeful Horizons, Inc. has elected to use the de minimis indirect cost rate allowed under the Uniform Guidance for the Crime Victim Assistance (Federal Assistance Listing Number 16.575), Violence Against Women Act (Federal Assistance Listing Number 16.588), LAV Legal Assistance to Victims (Federal Assistance Listing Number 16.524), OVW Transitional Housing Assistance (16.736), Emergency Solutions Grant Program COVID (14.231), and the SC Department of Health and Environmental Control Sexual Assault Services Formula Program (16.017) grants, and none other.