Notes to SEFA
The accompanying schedule of expenditures of federal awards (The Schedule) includes the federal grant activity of the Cape Cod Village, Inc. 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 (CFR) 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 Cape Cod Village, Inc., it is not intended to and does not present the financial position, changes in net assets, or cash flows of Cape Cod Village, Inc. Type A programs are determined to be the larger of $750,000 or three (3) percent of total federal awards expended if total awards exceed $750,000. There were no awards received that were passed through to sub recipients.
Balances of loans and loan guarantee programs outstanding as of June 30, 2025 for loans described in 2 CFR section 200.502(b) are $2,752,776.