The accompanying schedule of expenditures of federal awards (the “Schedule”) includes the federal grant activity of the ASPIRA Inc. of Illinois (“ASPIRA”) under programs of the federal government for the year ended June 30, 2024. The information in the 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 ASPIRA, it is not intended to and does not present the financial position, changes in net assets, or cash flows of ASPIRA.
Insurance coverage for the year ended June 30, 2024 was as follows: Commercial General Liability: Each occurrence $1,000,000 Damage to rented $300,000 Med exp $15,000 Personal & Adv Injury $1,000,000 General & Aggregate $2,000,000 Products – Comp/OP AGG $2,000,000 D&O/EPLI/FID $2,000,000 Cyber Liability $2,000,000 Automobile: Combined single unit $1,000,000 Excess/Umbrella: Each occurrence $10,000,000 Aggregate $10,000,000 Workers’ compensation and employer’s liability: Workers’ compensation Statutory limits Employer’s liability – each accident $1,000,000 Employer’s liability – disease each employee $1,000,000 Employer’s liability – disease policy limit $1,000,000
There were no non-cash federal awards in the form of commodities during the year ended June 30, 2024.
There were no federal awards expended in the form of loans, loan guarantees, or interest subsidies at June 30, 2024.