Notes to SEFA
The accompanying schedule of expenditures of federal awards (the Schedule) includes the federal award activity of The Children's Home Association of Illinois (the Association) 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 2 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 The Children's Home Association of Illinois, it is not intended to and does not present the financial position, changes in net assets, or cash flows of The Children's Home Association of Illinois.
Federal expenditures for the National School Lunch Program (Assistance Listing Number 10.555) include the value of donated commodities received from the U.S. Department of Agriculture (USDA). The commodities were valued based on USDA price lists
The Association did not have any loan balances outstanding as of June 30, 2025, relating to any of the programs included in the federal expenditures presented in the Schedule.