Title: BASIS OF PRESENTATION
Accounting Policies: Expenditures reported on the schedule of expenditures of federal awards (the “schedule”) are
reported on the accrual basis of accounting. Such expenditures are recognized following the
cost principles contained in Title 2 U.S. Code of Federal Regulations Part 200, Uniform
Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards,
wherein certain types of expenditures are not allowable or limited as to reimbursement.
De Minimis Rate Used: N
Rate Explanation: Minot Vocational Adjustment Workshop, Inc., DBA: Kalix has not elected to use the 10-percent
de minimis cost rate as allowed under the Uniform Guidance.
The accompanying schedule includes the federal award activity of Minot Vocational Adjustment
Workshop, Inc., DBA: Kalix under programs of the federal government for the year ended June
30, 2023. 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 Minot Vocational Adjustment
Workshop, Inc., DBA: Kalix, it is not intended to and does not present the financial position,
change in net position, or cash flows of Minot Vocational Adjustment Workshop, Inc., DBA:
Kalix.
Title: LOAN PROGRAMS
Accounting Policies: Expenditures reported on the schedule of expenditures of federal awards (the “schedule”) are
reported on the accrual basis of accounting. Such expenditures are recognized following the
cost principles contained in Title 2 U.S. Code of Federal Regulations Part 200, Uniform
Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards,
wherein certain types of expenditures are not allowable or limited as to reimbursement.
De Minimis Rate Used: N
Rate Explanation: Minot Vocational Adjustment Workshop, Inc., DBA: Kalix has not elected to use the 10-percent
de minimis cost rate as allowed under the Uniform Guidance.
The Organization had the following amounts outstanding at June 30, 2023 under federal loan or
loan guarantee programs: See the Notes to the SEFA for chart/table.
Title: EMPLOYER IDENTIFICATION NUMBERS
Accounting Policies: Expenditures reported on the schedule of expenditures of federal awards (the “schedule”) are
reported on the accrual basis of accounting. Such expenditures are recognized following the
cost principles contained in Title 2 U.S. Code of Federal Regulations Part 200, Uniform
Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards,
wherein certain types of expenditures are not allowable or limited as to reimbursement.
De Minimis Rate Used: N
Rate Explanation: Minot Vocational Adjustment Workshop, Inc., DBA: Kalix has not elected to use the 10-percent
de minimis cost rate as allowed under the Uniform Guidance.
The accompanying schedule includes the activities of Minot Vocational Adjustment Workshop,
Inc., DBA: Kalix, EIN #45-0313122 and MVW Housing, LLC EIN #45-4889754.
Title: FEDERAL PORTION OF GOVERNMENT AGENCIES REVENUE AND GRANT INCOME
Accounting Policies: Expenditures reported on the schedule of expenditures of federal awards (the “schedule”) are
reported on the accrual basis of accounting. Such expenditures are recognized following the
cost principles contained in Title 2 U.S. Code of Federal Regulations Part 200, Uniform
Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards,
wherein certain types of expenditures are not allowable or limited as to reimbursement.
De Minimis Rate Used: N
Rate Explanation: Minot Vocational Adjustment Workshop, Inc., DBA: Kalix has not elected to use the 10-percent
de minimis cost rate as allowed under the Uniform Guidance.
Minot Vocational Adjustment Workshop, Inc., DBA: Kalix does not distinguish between federal
and non-federal revenue on the combined statement of activities and changes in net assets.
Revenue from multiple sources is consolidated for financial statement presentation. The
calculation of the federal amounts of funding for proper presentation in the Schedule of
Expenditures of Federal Awards (SEFA) are as follows: See Notes to the SEFA for chart/table.
Title: RECONCILIATION OF SEFA SCHEDULE FO THE FINANCIAL STATEMENTS
Accounting Policies: Expenditures reported on the schedule of expenditures of federal awards (the “schedule”) are
reported on the accrual basis of accounting. Such expenditures are recognized following the
cost principles contained in Title 2 U.S. Code of Federal Regulations Part 200, Uniform
Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards,
wherein certain types of expenditures are not allowable or limited as to reimbursement.
De Minimis Rate Used: N
Rate Explanation: Minot Vocational Adjustment Workshop, Inc., DBA: Kalix has not elected to use the 10-percent
de minimis cost rate as allowed under the Uniform Guidance.
The following schedule ties to the federal awards as stated on the SEFA schedule to the
combined financial statements: See the Notes to the SEFA for chart/table.