Notes to SEFA
The accompanying schedule of expenditures of federal awards includes the federal grant activity of Southeast Community Health Systems,
and is presented on the accrual basis of accounting. The information on this schedule is presented in accordance with the requirements
of Title 2 of U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements
for Federal Awards (Uniform Guidance). Certain costs have been allocated to the federal program in accordance with OMB Circular A-122,
Cost Principles of Non-Profit Organizations. The amounts presented in this schedule do not differ from the amounts presented in, or used
in the preparation of the financial statements. Southeast Community Health Systems has elected not to use the 15 percent de minimis
indirect cost rate as allowed under the Uniform Guidance.
SOUTHEAST COMMUNITY HEALTH SYSTEMS
Schedule of Expenditures of Federal Awards
Year Ended December 31, 2025