Notes to SEFA
The accompanying Schedule of Expenditure of Federal Awards (“the Schedule”) includes the federal award activity of the Company under program of the federal government for the fiscal 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 (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 Program, it is not intended to and does not present the financial position, retained earnings or cash flows of the Company.
The information included in the Schedule may not fully agree with other federal awards reports submitted directly to federal granting agencies or pass-through entities because, among other reasons, the award reports (a) may be prepared for a different fiscal period and (b) may include cumulative (from previous years) data rather the data from the current year only.
The Assistance Listing Number is a program identification number presented for programs in which such numbers are available. The first two digits identify the federal department or agency that administers the program, and the last three numbers are assigned by numerical sequence.
The Company is classified as a sub-recipient. A sub-recipient is an entity that expands federal awards that are received from a pass-through entity to carry out the purpose of a federal program. Uniform Guidance requires the Schedule to include the name of the pass-through entity and identifying number assigned by the pass-through entity for federal awards received as a sub-recipient. Pass-through numbers identified in the Schedule as N/AV are not available.
1. WIOA Adult Program (CFDA # 17.258)/Pass-Through Grantor – Department of Economic Development and Commerce/Objectives/To provide a wide variety of workforce development activities to help job applicants, displaced workers, and youth in and out of school access new employments opportunities, education, training and support services to be successful in the job market. The purpose of these activities is to promote the increase of employment opportunities, job retention, and occupational skills of the participants. To sustain and increase the work force, reduce dependence on public assistance and develop states productivity by generating jobs.