Notes to SEFA
The accompanying Schedule of Expenditures of Federal Awards (the schedule) includes the federal activity of Hamilton County Coalition (the Organization) for the year ended December 31, 2025. The information in this schedule is presented in accordance with the requirements of the Code of Federal Regulations, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards, Title 2, Section 200 (the Uniform Guidance). Because the Schedule presents only selected portions of the operations of the Organization, it is not intended to and does not present the financial position, changes in net assets, or cash flows of the Organization.
Expenditures reported on the schedule are reported on 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 Organization has not elected to use the 15% de minimis indirect cost rate allowed under the Uniform Guidance where applicable
The amounts shown as expenditure represent only the federal award portion of the program costs. Entire program costs are more than shown. 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 allowable or are limited as to reimbursement.
Federal expenditures reported on the Schedule total $1,357,969 for the year ended December 31, 2025. This amount agrees to federal grant revenue reported in the accompanying Statement of Activities and Changes in Net Assets; therefore, no reconciliation adjustments were necessary.