Notes to SEFA
The accompanying schedule of expenditures of federal awards (Schedule) includes the federal grant activity of New Vista of the Bluegrass, Inc. and Affiliates under programs of the federal government 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 the Organization, it is not intended to and does not present the financial position, changes in net assets or cash flows of the Organization.
The Section 202 loan programs listed subsequently are administered by the U.S. Department of Housing and Urban Development, and balances and transactions related to these programs are included in the Organization's consolidated financial statements. Loans outstanding at the beginning of the year are included in the federal expenditures presented in this Schedule. The balance of loans outstanding at June 30, 2025 consists of: Section 202 Direct Loan - Ashland Group Home, Inc. 14.157 $65,517 Section 202 Direct Loan - Castlewood, Inc. 14.157 $112,684 Section 202 Direct Loan - Spindletop, Inc. 14.157 $50,097