Notes to SEFA
During the administration of the federal awards, the organization and subrecipients incurred costs which were not reimbursed by the granting agencies. The local matching expenditures incurred by the organization and subrecipients during the year ended December 31, 2025, are as follows: FederalLocal MatchingTotalProgram TitleExpendituresExpendituresExpendituresManufacturing Extension Partnership$3,876,875$3,727,710$7,604,585
In accordance with the federal program, excess program income in the amount of $100,000 generated by a subrecipient was remitted to the organization. The amount provided to subrecipients on the Schedule was not reduced by this amount, however, as these funds were re-invested to pay for costs to further program iniatives in accordance with federal program guidelines.