Notes to SEFA
The consolidated financial statements of Aspire Health Partners, Inc. and Affiliates include the accounts and activities of Aspire Health Partners, Inc. and Affiliates and its related entities. The federal expenditures for one of the Organization’s related entities, Lakeside Place, Inc., (LPI) in the amount of $1,423,242 have not been included in the accompanying schedule of expenditures of federal awards (the "Schedule") for the year ended June 30, 2025. LPI's federal expenditures have been included in LPI’s Schedule, which is included in its separate Uniform Guidance single audit for the year ended June 30, 2025 under Federal ID #22-2027092.
The accompanying Schedule includes the federal grant activity of Aspire Health Partners, Inc. and Affiliates for the year ended June 30, 2025. The information in the 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 the Organization it is not intended to, and does not, present the financial position, changes in net assets, or cash flows of the Organization.
The Organization receives federal pass-through funding from Central Florida Cares Health System, Inc. (the "Managing Entity") under multiple contracts using the negotiated rates. At June 30, 2025, the Organization was owed approximately $3,900,000 from the Managing Entity under these contracts.
There were no federal awards provided to subrecipients.