Notes to SEFA
The accompanying schedule of expenditures of federal awards (the “Schedule”) includes the federal award activity of Helen Newberry Joy Hospital (the Hospital) under programs of the federal government for the nine-month period ended September 30, 2024. 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 Hospital, it is not intended to and does not present the financial position, changes in net position or cash flows of the Hospital.
The federal loan program is administered directly by the Hospital, and balances and transactions relating to this program are included in the Hospital’s basic financial statements. Loans outstanding at the beginning of the period are included in the federal expenditures presented in the Schedule. The balance of loans outstanding at September 30, 2024, issued under the Community Facilities Loans and Grants Program (assistance listing number 10.766), was $2,864,760.