Notes to SEFA
The accompanying schedules of expenditures of federal awards and state financial assistance (the "Schedules") includes the federal and state award activity of Ironbound Community Corporationfor the year ended August 31, 2025. The information in these Schedules 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") and State of New Jersey, Department of the Treasury, OMB Policy Circular 25-12-OMB ("NJ Circular 25-12-OMB"). Because these Schedules presents only a selected portion of the operations of Ironbound Community Corporation, it is not intended to and does not present the financial position, changes in net position, or cash flows of Ironbound Community Corporation