Notes to SEFA
The accompanying schedule of federal expenditures includes the activity of all federally assisted programs of EO Companies and is presented on the accrual basis of accounting, as described in Note 1 to the financial statements. All federal awards received directly from federal agencies, as well as federal awards passed through other government agencies, are included on this schedule.
The entity elected to use the 10% de minimis indirect cost rate.
At June 30, 2025, EO Companies had no outstanding loan balances requiring continuing disclosure.