Notes to SEFA
The accompanying schedule of expenditures of federal awards (the Schedule) includes the federal grant activity of Williamsburg Manor, Inc. under programs of the federal government as of and for the year ended June 30, 2023. 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 Corporation, it is not intended to and does not present the financial position, changes in net assets or cash flows of Williamsburg Manor, Inc.
Williamsburg Manor, Inc.'s Section 202 Direct Loan was determined to be a Type B Federal Financial Assistance Program based on the total amounts as of and for the year ended June 30, 2023, and was considered a major program under the criteria of Uniform Guidance. The loan balance as of June 30, 2023, was $557,436.
There were no awards passed through to subrecipients during the year ended June 30, 2023.