Notes to SEFA
The schedule of expenditures of federal awards includes the federal grant activity of the Organization for the year ended December 31, 2023. 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). Therefore, some amounts presented on this schedule may differ from those amounts presented, or used in, the preparation of the basic combined financial statements.
The Organization passed-through $1,356,916 of the Formula Grants for Rural Areas to LifeTime Resources.