Notes to SEFA
The accompanying schedule of expenditures of federal awards (the “Schedule”) includes the federal award activity of The Urban League of Greater Atlanta, Inc. 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 ULGA, it is not intended to and does not present the financial position, changes in net assets, or cash flows of The Urban League of Greater Atlanta, Inc.
The following is a summary reconciliation of total expenditures of federal awards as reported in this report to the basic financial statements: Total expenditures reported in the Schedule of Expenditures of Federal Awards $4,688,312. Add: Operating expenditures funded by other sources 5,217,210. Add: Nonoperating (gains)/losses (16,124). Total expenditures reported in the basic financial statements $9,889,398