Notes to SEFA
The accompanying schedule of expenditures of federal awards (the “Schedule”) includes the federal award activity of Philadelphia Green Capital Corp. (“PGCC”) under programs of the federal government for the year ended June 30, 2025. 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 PGCC, it is not intended to and does not represent the financial position, activities, changes in net assets or cash flows of PGCC.
Grants and contributions revenues per financial statements $6,857,245 Less: state, county and private funds (4,082,775) Adjusted government grants revenue per financial statements 2,774,470 Expenses per schedule Total federal expenditures 2,774,470 Variance $-