Notes to SEFA
The Organization is also the sub-recipient of federal funds that have been subjected to testing and are reported as expenditures and listed as federal pass-through funds. Federal awards other than those indicated as pass-throughs are considered to be direct.
Grant monies received and disbursed by the Organization are for specific purposes and are subject to review by the grantor agencies. Such audits may result in request for reimbursement due to disallowed expenditures. Based upon experience, the Organization does not believe that such disallowance, if any, would have a material effect on the financial position of the Organization.
The Organization did not receive any federal noncash assistance for the fiscal year ending December 31, 2025.
The Organization did not provide federal funds to subrecipients for the fiscal year ending December 31, 2025.
The Organization did not have any loans or loan guarantee programs required to be reported on the schedule.