Notes to SEFA
The accompanying schedule of expenditures of federal awards (the Schedule) includes the federal award activity of Northern Virginia Emergency Response System, Inc. (the Company) under programs of the federal government for the year ended December 31, 2024. 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 the Company, it is not intended to and does not present the financial position, changes in net assets, or cash flows of the Company.
The grant revenue amounts received and expenses are subject to audit and adjustment. If any expenditures are disallowed by the grantor as a result of such an audit, any claim for reimbursement to the grantor would become a liability of the Company. In the opinion of management, all grant expenditures are materially in compliance with the terms of the grant agreements and applicable federal and state laws and regulations.
The Company does not have any outstanding federal loan programs.
The Company did not pass any funds through to subrecipients.