Notes to SEFA
The accompanying consolidated schedule of expenditures of federal awards (the "Schedule") includes the federal award activity of NuPath, Inc. and Affiliates (collectively the "Organization") under programs of the federal government for the year ended December 31, 2025. The information in this consolidated 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 consolidated Schedule presents only a selected portion of the operations of the Organization, it is not intended to and does not present the consolidated financial position, changes in net assets, or cash flows of the Organization.
The federal expenditures for Supportive Housing for Persons with Disabilities (Section 811) represent the total capital advances received by the Organization as of December 31, 2025.
The federal expenditures for HOME Investment Partnerships Program (the "Program") represent the outstanding balances at January 1, 2025, the beginning of the audit period, on loans provided by the North Shore HOME Consortium under the Program.
No federal awards were provided to subrecipients during the year ended December 31, 2025.
The Organization did not elect to use the de minimis cost rate allowed under the Uniform Guidance.