Notes to SEFA
The accompanying schedule of expenditures of federal awards (the "Schedule") includes the federal award activity of International School of Louisiana 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 International School of Louisiana, it is not intended to and does not present the financial position, changes in net position, or cash flows of International School of Louisiana.
The School did not expend federal awards related to loans or loan guarantees during the year. The School has no federally funded insurance. The School did not receive any federal noncash assistance for the fiscal year ended June 30, 2025.