Notes to SEFA
Expenditures reported on the Schedule are reported on the accrual basis of accounting. Such expenditures are recognized following the cost principles contained in the Uniform Guidance, wherein certain types of expenditures are not allowable or are limited as to reimbursement.
There was no noncash assistance during the year ended June 30, 2025.
The Organization had no federal loans outstanding at June 30, 2025.
The Organization did not have any coverage in effect that was paid with federal funds during the year ended June 30, 2025.
Of the federal expenditures presented in the schedule, the Organization provided no federal awards to subrecipients.