Notes to SEFA
The accompanying Schedule of Expenditures of Federal Awards (the Schedule) presents the Federal award program expenditures of the Academy 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). Therefore, some amounts presented in this Schedule may differ from amounts presented in or used in the preparation of the Academy’s financial statements.
Amount reflected in the financial reports filed with grantor agencies for the programs may not agree because of accrual included in the next report filed with the agencies and different program year ends.