Notes to SEFA
The accompanying schedule of expenditure of federal awards (the Schedule) includes the federal grant activity of WAW under programs of the federal government for the year ending December 31, 2025. The information in the schedule is presented in accordance with the requirements of Uniform Guidance, Audits of States, Local Governments, and Non-Profit Organizations. Because, the Schedule presents only a selected portion of the operations Women for Afghan Women, Inc., it is not intended to and does not present their financial position, changes in net assets, or cashflows.
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, wherein certain types of expenditures are not allowable or are limited as to reimbursement. WAW charges 10% indirect costs to all federal awards, except for award 15JOVW-25-GG-00588-TRAN, which is charged at 15%.
Women for Afghan Women Inc. is exempt from income taxes under Section 501(c)(3) of the Internal Revenue Code in United States. Accordingly, no provision for federal, state or local income taxes has been recorded.