Notes to SEFA
The accompanying schedule of expenditures of federal awards (SEFA) for the year ended June 30, 2025 includes the federal grant activity of Bowen Health, Inc. (Bowen). The information in the SEFA is presented in accordance with requirements of Title 2 U.S. Code of Federal Regulations (CFR) Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (the Uniform Guidance). Because the SEFA presents only a selected portion of the operations of Bowen, it is not intended to and does not present the financial position, changes in net assets, or cash flows of Bowen.