Notes to SEFA
The accompanying schedule of expenditures of federal awards (the “Schedule”) includes the federal award activity of Helen Newberry Joy Hospital Corporation (the “Hospital”). 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 (the “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 assets, or cash flows of the Hospital.
The Hospital passed no federal awards through to subrecipients.
The Hospital’s balance of the USDA and USDA guaranteed loans as of December 31, 2025, was $2,771,473. The loan balance outstanding at the beginning of the year is included in the federal expenditures presented in the Schedule. There were no new loans received during the year ended December 31, 2025.