Notes to SEFA
THE ACCOMPANYING SCHEDULE OF EXPENDITURES OF FEDERAL AWARDS (THE SCHEDULE) INCLUDES THE FEDERAL AWARD ACTIVITY OF WILDERNESS RANCH OWNERS ASSOCIATION, INC. UNDER PROGRAMS OF THE FEDERAL GOVERNMENT FOR THE YEAR ENDED SEPTEMBER 30, 2025. 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 THE ASSOCIATION, IT IS NOT INTENDED TO AND DOES NOT PRESENT THE FINANCIAL POSITION, CHANGES IN NET ASSETS, OR CASH FLOWS OF THE ASSOCIATION.
THE ASSOCIATION HAD THE FOLLOWING LOAN BALANCES OUTSTANDING AT SEPTEMBER 30, 2025. THE LOAN BALANCES HAVE CONTINUING COMPLIANCE REQUIREMENTS AND ARE ALSO INCLUDED IN THE FEDERAL EXPENDITURES PRESENTED IN THE SCHEDULE. THE PROGRAM TITLE IS COMMUNITY FACILITIES LOAN AND GRANTS WITH THE FEDERAL ALN NUMBER OF 10.766. THE TOTAL FEDERAL EXPENDITURES ASSOCIATED ARE $2,227,828.