Notes to SEFA
The accompanying schedule of expenditures of federal awards (the Schedule) includes the federal grant activity of Elderly Opportunity Agency, Inc., under programs of the Federal Government for the year ended December 31, 2023. 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 of Federal Awards (Uniform Guidance). Because the Schedule presents only a selected portion of the operations of Elderly Opportunity Agency, Inc., it is not intended to and does not present the financial position or change in Net Assets of Elderly Opportunity Agency, Inc.
Rural Rental House Loans (Assistance Listing 10.415) indicates beginning of year loan balances on the SEFA. The end of the year loan balances was in total $1,796,960