Notes to SEFA
The accompanying schedule of expenditures of federal awards (the Schedule) includes the federal award activity of the Organization 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 Organization, it is not intended to and does not present the financial position, changes in net assets, or cash flows of the Organization.
The outstanding balance of loan and loan guarantee programs as of June 30, 2025 with continuing compliance requirements which are reported as federal expenditures on the accompanying schedule of expenditures was as follows: Assistance Listing Outstanding Loan Program Title Number Balance Supportive Housing for the Elderly 14.157 $ 792,131 Supportive Housing for Persons with Disabilities 14.181 369,977 $ 1,162,108
The Schedule does not include the federal award activity of Eastcare III, Inc. which had a separate audit required by the Uniform Guidance