Notes to SEFA
The single audit is the performance of a uniform audit of all of the Organization’s federal grants in conjunction with the annual audit of the basic financial statements. The adoption of such a procedure was formalized by the U.S. Office of Management and Budget (OMB) in Title 2 U.S. Code of Federal Regulations (CFR) Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance). The single audit fulfills all the Federal agencies’ audit requirements which include financial, compliance and the adequacy of internal control. All federal award programs operated by the Organization are included in the scope of the Uniform Guidance audit.
Single audit testing procedures were performed for transactions occurring during the fiscal year ended June 30, 2025.
The following programs in the accompanying schedule of expenditures of federal awards are considered to be a cluster of programs in accordance with the OMB Compliance Supplement for purposes of determining current year major programs. The Medicaid cluster includes the Maryland Health Benefit Exchange Connector Entity Program Grant for Navigator Services Program – Far West Region ALN 93.778.
The Organization did not receive any non-cash assistance through federal award programs during the fiscal year ended June 30, 2025.
The Organization did not receive or administer any federal loan programs during the fiscal year ended June 30, 2025.
The Organization maintains property and liability insurance which management believes is sufficient to meet its needs. A portion of the insurance coverage is directly funded by federal awards.