Notes to SEFA
The Organization provided $105,230 and $-0- of federal and state awards, respectively, to subrecipients for the year ended December 31, 2024.
No federal or state awards were expended in the form of noncash assistance during the year ended December 31, 2024.
There were no outstanding loans in relation to federal or state awards as of December 31, 2024.
Insurance costs totaling $34,408 and $1,827 were expended through federal and state awards, respectively, during the year ended December 31, 2024.
The amounts reported in the combined financial statements agree with the amounts reported in the accompanying Schedule which is prepared on the basis explained in Note 2 of the combined financial statements.
The Organization’s management has evaluated and disclosed subsequent events through September 26, 2025 the date the combined financial statements and the Schedule were available to be issued.