Notes to SEFA
The accompanying Schedule of Expenditures of Federal Awards (the Schedule) includes the federal award activity of Greenwood Leflore Hospital (the Hospital) under programs of the federal government for the year ended September 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 the Hospital, it is not intended to and does not present the financial position, changes in net positions or cash flows of the Hospital.
Expenditures reported on the Schedule are reported on the accrual basis of accounting. Such expenditures are recognized following the cost principles contained in the Uniform Guidance, wherein certain types of expenditures are not allowable or are limited as to reimbursement.
The Hospital has elected not to use the 15% de minimis indirect cost rate as allowed under the Uniform Guidance.
Disaster Grants – Public Assistance (97.036) a portion of expenditures included in the Schedule for the year ended September 30, 2025, were incurred in previous years. The Hospital incurred $173,468, $663,957, $132,063, $2,641 and $45,833 of eligible expenditures in fiscal years 2020, 2021, 2022, 2024 and 2025, respectively. The Federal Emergency Management Agency (FEMA) approved the project worksheets for these expenditures in the current fiscal year and have been reported on the Schedule in accordance with the reporting requirements required by the OMB Compliance Supplement.