Notes to SEFA
The accompanying schedule of expenditures of federal awards (the “Schedule”) presents the federal grant expenditures of MobilizeGreen, Inc. (the “Organization”) for the year ended December 31, 2025. The information in the 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 operations of the Organization, the Schedule is not intended to and does not present the financial position, changes in net assets, or cash flows of the Organization.
Expenditures on the Schedule are reported on the accrual basis of accounting in accordance with the accounting principles generally accepted in the United States of America. Such expenditures also follow the cost principles contained in Subpart E of the Uniform Guidance, wherein certain types of expenditures are not allowable or are limited as to reimbursement.
During the year ended December 31, 2025, the Organization passed through federal awards totaling $27,306 to one subrecipient, American Conservation Experience, under ALN 15.931, 21st Century Conservation Service Corps Program.
During the year ended December 31, 2025, MobilizeGreen elected to use the 15% de minimis indirect cost rate permitted under 2 CFR § 200.414(f). Effective January 1, 2025, the Organization applied this rate to modified total direct costs, as applicable to eligible federal awards. MobilizeGreen did not have a federally negotiated indirect cost rate during the year and has never had a federally negotiated indirect cost rate with any federal agency.
Federal grants received by the Organization are subject to review and audit by grantor agencies. Consequently, the Organization may become liable to refund money to funding agencies where it fails to comply with contractual provisions. In addition, the Organization may not fully collect federal grant receivables as of December 31, 2025, related to the reported federal grant expenditures as these receivables may be subject to the grantors’ compliance approval process. Management believes that the results of such reviews and audits will not have a material effect on the Schedule.