Notes to SEFA
The accompanying schedule of expenditures of federal awards includes the federal award activity of Valley Youth House Committee, Inc. under programs of the federal government for the year ended December 31, 2025. The information in the schedule of expenditures of federal awards is presented in accordance with the requirements of Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principals, and Audit Requirements for Federal Awards (Uniform Guidance). Because the schedule of expenditures of federal awards presents only a selected portion of the operations of Valley Youth House Committee, Inc., it is not intended to, and does not, present the financial position, change in net assets, or cash flows of Valley Youth House Committee, Inc.
The accompanying schedule of expenditures of federal awards includes some estimated federal grant activity of Valley Youth House Committee, Inc. because some pass-through entities were unable to provide the entity amounts of federal portions of assistance.