Notes to SEFA
The accompanying schedule of expenditures of federal and state awards (the “Schedule”) includes the federal and state award activity of the Organization under programs of the federal and state government 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 (the “Uniform Guidance”) and New Jersey OMB Circular Letter 15-08. Because the Schedule presents only a selected portion of 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.
During the year ended June 30, 2025, the Organization did not provide funds relating to their programs to subrecipients.
As of June 30, 2025, the Organization did not have any federal or state loan or loan guarantee programs.