Notes to SEFA
The accompanying schedule of expenditures of federal awards (the “Schedule”) includes the federal award activity of Greater Baden Medical Services, Inc. (the “Center”) under programs of the federal government for the year ended December 31, 2024. The information in the 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 Center, it is not intended to and does not present the financial position, changes in net assets, or cash flows of the Center.
The Center submits requests for reimbursement to various federal agencies on a periodic basis. At December 31, 2024, the U.S. Department of Health and Human Services and the U.S. Department of Agriculture owed the Center $91,030 and $228,647, respectively.
The Center did not provide federal awards to any subrecipients during the year ended December 31, 2024.
Federal program expenditures are reported on the statement of activities. In certain programs, the expenditures reported in the basic financial statements may differ from the expenditures reported in the Schedule due to program expenditures exceeding grant or contract budget limitations, company matching, or in-kind contributions that are not included as federal awards.