Notes to SEFA
The accompanying schedule of expenditures of federal awards includes the Federal grant activity of The Charter Education Board of South Carolina under programs of the federal government for the year ended June 30, 2025. The information in this Schedule of Federal Awards 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”) as described in the Audit Manual for Governmental Auditors in South Carolina. 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.