Notes to SEFA
Title: Basis of Presentation
Accounting Policies: 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: N
Rate Explanation: Congregation Khal Chasidei Skwere d/b/a Tomer Dvora has not elected to use the 10-percent de minimis indirect cost rate allowed under the Uniform Guidance.
The accompanying schedule of expenditures of federal awards (“the Schedule”) includes
the federal grant activity of Congregation Khal Chasidei Skwere d/b/a Tomer Dvora under
programs of the federal government for the year ended June 30, 2024. The information in
this schedule is presented in accordance with the requirement 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 Congregation Khal Chasidei Skwere
d/b/a Tomer Dvora, it is not intended to and does not present the financial position, changes
in net assets or cash flows of Congregation Khal Chasidei Skwere d/b/a Tomer Dvora.
Title: Summary of Significant Accounting Policies
Accounting Policies: 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: N
Rate Explanation: Congregation Khal Chasidei Skwere d/b/a Tomer Dvora has not elected to use the 10-percent de minimis indirect cost rate allowed under the Uniform Guidance.
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.
Title: Subrecipients
Accounting Policies: 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: N
Rate Explanation: Congregation Khal Chasidei Skwere d/b/a Tomer Dvora has not elected to use the 10-percent de minimis indirect cost rate allowed under the Uniform Guidance.
Congregation Khal Chasidei Skwere d/b/a Tomer Dvora did not provide any federal awards
to subrecipients.
Title: Indirect Cost Rate
Accounting Policies: 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: N
Rate Explanation: Congregation Khal Chasidei Skwere d/b/a Tomer Dvora has not elected to use the 10-percent de minimis indirect cost rate allowed under the Uniform Guidance.
Congregation Khal Chasidei Skwere d/b/a Tomer Dvora has not elected to use the 10-
percent de minimis indirect cost rate allowed under the Uniform Guidance.