Audit 298770

Title: BASIS OF PRESENTATION Accounting Policies: The accompanying schedule of expenditures of federal awards include the federal grant activity of Agudath Israel of America Community Services, Inc. and are presented on the accrual basis of accounting. The information in this schedule is presented in accordance with Title 2 U.S. Code of Federal Regulations (CFR) Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards. As the schedule presents only a selected portion of the operations of Agudath Israel of America Community Services, Inc., it is not intended to and does not present the financial position, change in net assets, or cash flows of Agudath Israel of America Community Services, Inc. De Minimis Rate Used: N Rate Explanation: Actual adminstrative costs were used The accompanying schedule of expenditures of federal awards include the federal grant activity of Agudath Israel of America Community Services, Inc. and are presented on the accrual basis of accounting. The information in this schedule is presented in accordance with Title 2 U.S. Code of Federal Regulations (CFR) Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards. As the schedule presents only a selected portion of the operations of Agudath Israel of America Community Services, Inc., it is not intended to and does not present the financial position, change in net assets, or cash flows of Agudath Israel of America Community Services, Inc.

Title: PASSTHROUGH TO SUBRECIPIENTS Accounting Policies: The accompanying schedule of expenditures of federal awards include the federal grant activity of Agudath Israel of America Community Services, Inc. and are presented on the accrual basis of accounting. The information in this schedule is presented in accordance with Title 2 U.S. Code of Federal Regulations (CFR) Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards. As the schedule presents only a selected portion of the operations of Agudath Israel of America Community Services, Inc., it is not intended to and does not present the financial position, change in net assets, or cash flows of Agudath Israel of America Community Services, Inc. De Minimis Rate Used: N Rate Explanation: Actual adminstrative costs were used The Summer Food Program grant is passed through to Camp Agudah. Expenditures are recognized when passed through to recipient.