Notes to SEFA
The schedule of expenditures of federal awards (Schedule) includes the federal grants activity of Area IV Agency on Aging and Community Action Programs, Inc. (Area IV Agency) under programs of the federal government for the year ended December 31, 2024. The information in this Schedule is presented in accordance with the audit 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 Area IV Agency, it is not intended to and does not present the financial position, activities and changes in net assets or cash flows of Area IV Agency.
Federal awards provided to subrecipients during the year ended December 31, 2024 were $699,081 as detailed in the Schedule of Expenditures of Federal Awards.