Notes to SEFA
The accompanying Schedule of Expenditures of Federal Awards (the Schedule) presents the expenditures of all federal award programs of Smart Start Rowan, Inc. for the year ended June 30, 2025. 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 Smart Start Rowan, Inc., it is not intended to and does not present the financial position, changes in net assets, or cash flows of Smart Start Rowan, Inc.