Notes to SEFA
The accompanying schedule of expenditures of federal awards (the “Schedule”) includes the federal award activity of Reentry Association of WNY, Inc. under programs of the federal government for the year ended December 31, 2024. The information in this 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 Schedule presents only a selected portion of the operations of Reentry Association of WNY, Inc., it is not intended to and does not present the balance sheet, statement of income and retained earnings, or cash flows of Reentry Association of WNY, Inc.
Federal grants received by Reentry Association of WNY, Inc. are subject to audit and adjustment. If any expenditure is disallowed by the grantor agencies as a result of such an audit, the grantor agencies could make claims for reimbursement, which would become a liability of Reentry Association of WNY, Inc.