Notes to SEFA
The accompanying schedule of expenditures of federal awards (the “Schedule”) presents the federal financial assistance programs of the National Center for Genome Resources (NCGR). The information in this Schedule is presented in accordance with 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 reported in the Schedule are reported using 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 following is a reconciliation of the expenditures reported on the schedule of expenditures of federal awards to the expenses reported in the statement of activities: Total expenses reported in the schedule of expenditures of federal awards $1,410,622 Total expenses funded through nonfederal sources 931,906 Total expenses reported on the statement of activities $ 2,342,528
NCGR did not provide any of its federal awards to subrecipients during the year ended December 31, 2025.