Notes to SEFA
The accompanying schedule of expenditures of federal awards (the Schedule) includes the federal grant activity of Chelan-Douglas County Community Action Council under programs of the federal government 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). Because the Schedule presents only a selected portion of the operations of Chelan-Douglas Community Action Council, it is not intended to and does not present the financial position, changes in net assets, or cash flows of Chelan-Douglas County Community Action Council.
Expenditures reported on the Schedule are reported on the accrual basis of accounting. Such expenditures are recognized following the cost principles contained in Uniform Guidance and 2 CFR 200 Subpart E, wherein certain types of expenditures are not allowed or are limited as to reimbursement.
The following loans have continuing federal compliance requirements and are included as expenditures in the accompanying Schedule:
Federal expenditures reported on the Schedule differ from federal grant revenue reported in the statement of activities as follows:
The Council did not use the 15% de-minimis cost rate.