Notes to SEFA
The accompanying Schedule of Expenditures of Federal and State Awards (the “Schedule”) includes the federal grant activity of Around the Korner, Center for School-Age Enrichment 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 the Uniform Guidance. Because the schedule presents only a selected portion of the operations of Around the Korner, Center for School-Age Enrichment, it is not intended to and does not present the financial position, changes in net assets or cash flows of Around the Korner, Center for School-Age Enrichment.
Around the Korner, Center for School-Age Enrichment did not have any balances of loan and loan guarantee programs outstanding at June 30, 2025 for loans described in 2 CFR section 200.50(b).
The disbursements/expenditures for the Child and Adult Care Food Program equaled the amount received as reported in the Program or Award Amount column above but the disbursements are included with the General Center Child Care Program. The total amount is reported under the General Child Care section as instructed by the California Department of Social Services (also see Note 14 for additional information).