The Schedule includes the federal award activity of the Organization, under programs of the federal government for the year ended September 30, 2025. The information in the Schedule is presented in accordance with the requirements of the Uniform Guidance. Therefore, some amounts presented in the Schedule may differ from amounts presented in, or used in the preparation of the basic financial statements. Because the Schedule presents only a selected portion of the Organization’s operations, it is not intended to and does not present the financial position, changes in net assets or cash flows of the Organization.
IN ACCORDANCE WITH THE U.S. OFFICE OF MANAGEMENT AND BUDGET (OMB) COMPLIANCE SUPPLEMENT FOR THIS PROGRAM, EXPENDITURES REPORTED ON THE SCHEDULE ARE CALCULATED AS FOLLOWS: AWARD #01-79-14996, REVOLVING LOAN FUND PRINCIPAL AT SEPTEMBER 30, 2025 $917,513, REVOLVING LOAN FUND CASH AND INVESTMENT BALANCES AT SEPTEMBER 30, 2025 $19,829, ADMINISTRATIVE EXPENSES PAID OUT OF THE REVOLVING LOAN FUND DURING FISCAL YEAR 2025 $7,709, TOTAL PROGRAM EXPENDITURES FOR THE YEAR ENDED SEPTEMBER 30, 2025 $945,051, FEDERAL SHARE OF THE REVOLVING LOAN FUND 100%, FEDERAL EXPENDITURES FOR THE YEAR ENDED SEPTEMBER 30, 2025 $945,051.
MICROLOAN PROGRAM (CFDA #59.046) FEDERAL AWARDS IN THE FORM OF LOANS FROM THE SMALL BUSINESS ADMINISTRATION (SBA) ARE INCLUDED ON THE SCHEDULE AT THEIR OUTSTANDING BALANCES AS OF OCTOBER 1, 2024 PLUS ANY NEW PROCEEDS RECEIVED DURING FISCAL YEAR 2025 AS THEY INCLUDE CONTINUING COMPLIANCE REQUIREMENTS. THE ACTIVITY ON THESE LOANS FOR THE YEAR ENDED SEPTEMBER 30, 2025 IS AS FOLLOWS: LOAN #750-808-5007 SBA, BALANCE OCTOBER 1, 2024 $31,006, PROCEEDS RECEIVED $0, PAYMENTS MADE $31,006, BALANCE SEPTEMBER 30, 2025 $0; LOAN #244-059-7010 SBA, BALANCE OCTOBER 1, 2024 $228,886, PROCEEDS RECEIVED $0, PAYMENTS MADE $61,279, AND BALANCE SEPTEMBER 30, 2025 $167,607; AND LOAN #444-581-7002 SBA, BALANCE OCTOBER 1, 2024 $308,498, PROCEEDS RECEIVED $0, PAYMENTS MADE $55,253, AND BALANCE SEPTEMBER 30, 2024 $253,245.
There were no pass through federal awards made to subrecipients by the Organization during 2025.