Notes to SEFA
The accompanying schedule of expenditures of federal awards includes the federal award activity of Care Beyond the Boulevard, Inc. 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 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.
Expenditures are reported on the accrual basis of accounting. Such expenditures are recognized following the cost principles contained in Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards, wherein certain types of expenditures are not allowed or are limited as to reimbursement. The organization has elected to use the 15 percent de minimis indirect cost rate as allowed under Uniform Guidance.
The organization directly administered all federal funding during the year ended December 31, 2025, no funding was passed through to subrecipient entities.