Notes to SEFA
The accompanying schedule of expenditures of federal awards includes the federal grant activities of Pocono Services for Families and Children, Incorporated (“PSFC”). The schedule has been presented in accordance with the requirements of the Uniform Guidance. Because the schedule presents only a selected portion of the operations of PSFC, it is not intended to and does not present the financial position, changes in net assets or cash flows of PSFC.
Expenditures reported on the schedule are reported on the accrual basis of accounting in accordance with accounting principles generally accepted in the United States of America. 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. There were no subrecipients of federal awards in fiscal year 2025.