Notes to SEFA
The accompanying schedule of expenditures of federal awards (the Schedule) includes the federal award activity of St. William’s Living Center (the Organization) 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 Organization, it is not intended to and does not present the financial position, changes in net assets, or cash flows of the Organization.
Amount of Noncash Assistance None Amount of Insurance None Amount of Loans Outstanding None Amount of Loan Guarantees None Amount Provided to Subrecipients None The USDA loans have an outstanding balance of $4,012,777 at June 30, 2025.