Notes to SEFA
BASIS OF PRESENTATION The accompanying schedule of expenditures of federal awards (the “Schedule”) includes federal grant activity of St. John Towers under programs of the federal government for the year ended August 31, 2025. The information in the Schedule is presented in accordance with requirements of Title 2 U.S. Code of Federal Regulations (CFR) 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 St. John Towers, it is not intended to and does not present the financial position, changes in net assets, or cash flows of St. John Towers.
AMOUNTS PASSED THOUGH TO SUBRECIPIENTS The Project did not provide any federal awards to subrecipients during the fiscal year ended August 31, 2025.