Notes to SEFA
The accompanying schedule of expenditures of federal awards (the "Schedule"), includes the federal award activity of Villa Maria Manor, Inc., (the "Organization"), HUD Project No. 086-11096. 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 Organization, it is not intended to and does not present the financial position, changes in net assets, or cash flows of the Organization.