Notes to SEFA
The accompanying Schedule of Expenditures of Federal Awards (the Schedule) includes the federal award activity of Higher Ground Academy (the Academy) under programs of the federal government for the year ended June 30, 2025. The information in the Schedule is presented in accordance with the requirements 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). Because the Schedule presents only a select portion of the operations of Higher Ground Academy, it is not intended to and does not present the financial position or changes in financial position of Higher Ground Academy.
The Academy did not pass any federal funds to subrecipients during the year ended June 30, 2025.
The Academy's pass-through identifying numbers assigned by each pass-through entity are unknown.
Nonmonetary assistance is reported in the Schedule at the fair market value of commodities received and disbursed for the USDA National School Lunch Program Commodities (ALN 10.555). Revenue and expenditures are recorded when commodities are received.