Notes to SEFA
The accompanying schedule of expenditures of federal awards summarizes the expenditures of the Organization under programs of the federal government for the year ended December 31, 2024. The information in this schedule is presented in accordance with the provisions of Title 2 U.S. Code of Federal Regulations (CFR) 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 presentation of, the basic financial statements. The schedule of expenditures of federal awards is prepared on a consolidated basis and includes the federal awards of Quest Village III of Georgia, Inc., Quest Commons at Historic Vine City, LP, and 339 Holly Street QHA, LLC.
Loan balances totaling $13,460,246 for loans described in 2 CFR Section 200.502(b) were outstanding at December 31, 2024.
The Organization provided no federal awards to subrecipients during the year ended December 31, 2024.