Notes to SEFA
The accompanying schedule of expenditures of federal awards (the Schedule) includes the federal grant activity of Downtown Baltimore Child Care, Inc. (DBCC) under programs of the federal government for the year ended August 31, 2025. The information in this Schedule is presented in accordance with requirements of Title 2 U.S. Code of Federal Regulations (CFR) 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 DBCC, it is not intended to and does not present the financial position, changes in net assets, or cash flows of DBCC.