Notes to SEFA
The accompanying schedule of expenditures of federal awards includes the federal grant activities of St. Joseph's Villa Housing Corp. under programs of the federal government for the year ended June 30, 2025, and is presented on the accrual basis of accounting. 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. Therefore, some amounts presented in this schedule may differ from amounts presented or used in the preparation of the basic financial statements.
None of the expenditures reported on the Schedule were passed through to subrecipients.