Notes to SEFA
The accompanying Schedule of Expenditures of Federal Awards (the "Schedule") includes the expenditures of HAND KP2 Holding Company (a Nevada non-profit public benefit Organization) under programs of the federal government for the year ended December 31, 2025. The information in the Schedule is presented in accordance with the requirements of Uniform Administrative Requirements, Cost Principles and Audit Requirements for Federal Awards. Therefore, some amounts presented in the Schedule may differ from amounts presented in, or used in the preparation of the basic financial statements. For purposes of the Schedule, federal awards include all sub awards to the Organization by nonfederal organizations pursuant to federal grants, contracts and similar agreements.
The following represents the amount of outstanding loans identified by AL No. All loans are provided by HUD and are included in the Schedule. AL No. 14.155; Program title Section 207/233(f) Loan guarantee; Loans received in 2025 $-; Prior year loans with continuing compliance requirements $1,820,943; Total outstanding loans $1,776,054