Notes to SEFA
The accompanying schedule of expenditures of federal awards (the Schedule) summarizes the federal grant expenditures of Arrowleaf under programs of the federal government for the year ended June 30, 2025. The information in this Schedule is presented in accordance with 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 Arrowleaf, it is not intended to and does not present the financial position, changes in net position, or cash flows of Arrowleaf.
Expenditures reported in the Schedule are reported on the accrual basis of accounting. Such expenditures are recognized following the cost principles contained in the Uniform Guidance, wherein certain types of expenditures are not allowable or are limited as to reimbursement.
As required by Uniform Guidance section 310(b)(5), Arrowleaf did not provide any amount of federal funds to subrecipients during the fiscal year ended June 30, 2025.
Arrowleaf has elected to use the 10% indirect cost rate allowed under the Uniform Guidance.
As required by Uniform Guidance section 310(b)(6), Arrowleaf did not receive or administer any insurance and had no loans or loan guarantees outstanding at the fiscal year ended June 30, 2025. There was no non-cash assistance received for the fiscal year ended June 30, 2025.