Notes to SEFA
The accompanying schedule of expenditures of federal awards includes the federal award activity of American Hardwood Export Council (the Council under programs of the federal govenment 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 this Schedule presents only a selected portion of the operations of the Council, it is not intended to and does not present the financial position, changes in net assets, or cash flows of the Council. No amounts were passed through to subrecipients as of December 31, 2024.