Notes to SEFA
The accompanying schedule of expenditures of federal awards includes the federal grant activity of HandsOn River Region (the Organization) and is presented on the accrual basis of accounting. 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 basic financial statements. Because the schedule presents only a selected portion of the operations of the Organization, it is not intended to and does not represent the financial position of the Organization.
The Uniform Guidance allows an organization to elect a de minimis indirect cost rate. For the year ended September 30, 2024, the Organization did not elect to use this rate.
The Organization did not have any federal loans or loan guarantees outstanding during the year ended September 30, 2024.
During the year ended September 30, 2024, the Organization did not receive non-cash federal assistance. However, the Organization did receive donated rent from non-federal sources. Such amounts are not included in the schedule of expenditures of federal awards.