Notes to SEFA
The accompanying schedule of expenditures of federal awards (the Schedule) includes the federal award activity of Hope Enterprises, Inc. and Affiliate (the Corporation) 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 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 Corporation, it is not intended to and does not present the financial position, change in net assets or cash flows of the Corporation.
During the year ended June 30, 2025, the Corporation received funding for the Special Supplemental Nutrition Program for Women, Infants, and Children passed through from the Pennsylvania Department of Health. The activity for the year ended June 30, 2025, is detailed on page 24 of the audit report.