FAC Explorer

Audit 32379

FY End
2022-06-30
Total Expended
$14.41M
Findings
0
Programs
8
Organization: Second Harvest Food Bank of Middle Tennessee, Inc. (TN)
Year: 2022 Accepted: 2023-01-29
Auditor: Kraftcpas PLLC

Organization Exclusion Status:

Findings

No findings recorded

Programs

ALN Program Spent Major Findings
10.569 Emergency Food Assistance Program (food Commodities) $11.39M Yes 0
10.568 Emergency Food Assistance Program (administrative Costs) $1.43M Yes 0
10.565 Commodity Supplemental Food Program $1.14M Yes 0
10.558 Child and Adult Care Food Program $134,764 - 0
10.766 Community Facilities Loans and Grants $112,380 - 0
93.391 Activities to Support State, Tribal, Local and Territorial (stlt) Health Department Response to Public Health Or Healthcare Crises $111,913 - 0
10.559 Summer Food Service Program for Children $49,924 - 0
10.561 State Administrative Matching Grants for the Supplemental Nutrition Assistance Program $33,675 - 0

Contacts

Name Title Type
UL44LFH5K3L4 Heather Verble Auditee
6156271612 Ken Youngstead Auditor
No contacts on file

Notes to SEFA

Title: LOAN BALANCES Accounting Policies: The accompanying schedule of expenditures of federal awards (the Schedule) includes the federal award activity of Second Harvest Food Bank of Middle Tennessee, Inc. (the Food Bank) under programs of the federal government for the year ended June 30, 2022. 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) and the State of Tennessee Audit Manual . Because the Schedule presents only a selected portion of the operations of the Food Bank, it is not intended to and does not present the financial position, changes in net assets or cash flows of the Food Bank. Expenditures reported on the Schedule are reported on the accrual basis of accounting. 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. De Minimis Rate Used: Y Rate Explanation: The auditee used the de minimis cost rate. The outstanding balances on the Community Facilities Rural Development Loans at June 30, 2022 are as follows: 97-01 $1,974,375; 97-02 $679,682 = $2,654,057.