Notes to SEFA
The accompanying schedule of expenditures of federal awards (the Schedule) includes the federal award activity of Lutheran Home of the Cannon Valley, Inc. and Affiliates (the Organization) 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 2 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 the Organization, it is not intended to and does not present the financial position, changes in net assets, or cash flows of the Organization.
Amount of Noncash Assistance None Amount of Insurance None Amount of Loans Outstanding See below Amount of Loan Guarantees None Amount Provided to Subrecipients None The USDA loan has an outstanding balance of $1,098,352 as of September 30, 2025.