Audit 348279

FY End
2024-06-30
Total Expended
$1.82M
Findings
0
Programs
3
Year: 2024 Accepted: 2025-03-25
Auditor: Bunker & CO CPA

Organization Exclusion Status:

Checking exclusion status...

Findings

No findings recorded

Programs

ALN Program Spent Major Findings
84.063 Federal Pell Grant Program $1.77M Yes 0
84.007 Federal Supplemental Educational Opportunity Grants $30,687 Yes 0
84.033 Federal Work-Study Program $23,897 Yes 0

Contacts

Name Title Type
LNCMPVNTL6K5 Rosa Friedman Auditee
7188554092 Joel Lowy Auditor
No contacts on file

Notes to SEFA

Title: Note A - Basis of Presentation Accounting Policies: Accrual Basis De Minimis Rate Used: N Rate Explanation: The organization 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)
Title: Note A - Basis of Presentation Accounting Policies: Accrual Basis De Minimis Rate Used: N Rate Explanation: The organization has not elected to use the 10-percent de-minimis indirect cost rate allowed under the Uniform Guidance. includes the federal grant activity of Rabbinical College of Ohr Shimon Yisroel
Title: Note A - Basis of Presentation Accounting Policies: Accrual Basis De Minimis Rate Used: N Rate Explanation: The organization has not elected to use the 10-percent de-minimis indirect cost rate allowed under the Uniform Guidance. (the organization), for the year ended June 30, 2024. The information in this
Title: Note A - Basis of Presentation Accounting Policies: Accrual Basis De Minimis Rate Used: N Rate Explanation: The organization has not elected to use the 10-percent de-minimis indirect cost rate allowed under the Uniform Guidance. schedule is presented in accordance with the requirements of Title 2 U.S. Code of
Title: Note A - Basis of Presentation Accounting Policies: Accrual Basis De Minimis Rate Used: N Rate Explanation: The organization has not elected to use the 10-percent de-minimis indirect cost rate allowed under the Uniform Guidance. Federal Regulations Part 200, Uniform Administrative Requirements, Cost
Title: Note A - Basis of Presentation Accounting Policies: Accrual Basis De Minimis Rate Used: N Rate Explanation: The organization has not elected to use the 10-percent de-minimis indirect cost rate allowed under the Uniform Guidance. Principals, and Audit Requirements for Federal Awards (Uniform Guidance).
Title: Note A - Basis of Presentation Accounting Policies: Accrual Basis De Minimis Rate Used: N Rate Explanation: The organization has not elected to use the 10-percent de-minimis indirect cost rate allowed under the Uniform Guidance. Because the Schedule presents only a selected portion of the operations of the
Title: Note A - Basis of Presentation Accounting Policies: Accrual Basis De Minimis Rate Used: N Rate Explanation: The organization has not elected to use the 10-percent de-minimis indirect cost rate allowed under the Uniform Guidance. organization, it is not intended to and does not present the financial position,
Title: Note A - Basis of Presentation Accounting Policies: Accrual Basis De Minimis Rate Used: N Rate Explanation: The organization has not elected to use the 10-percent de-minimis indirect cost rate allowed under the Uniform Guidance. changes in net assets, or cash flows of the organization.
Title: Note B - Summary of Significant Accounting Policies Accounting Policies: Accrual Basis De Minimis Rate Used: N Rate Explanation: The organization 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
Title: Note B - Summary of Significant Accounting Policies Accounting Policies: Accrual Basis De Minimis Rate Used: N Rate Explanation: The organization has not elected to use the 10-percent de-minimis indirect cost rate allowed under the Uniform Guidance. accounting. Such expenditures are recognized following the cost principles
Title: Note B - Summary of Significant Accounting Policies Accounting Policies: Accrual Basis De Minimis Rate Used: N Rate Explanation: The organization has not elected to use the 10-percent de-minimis indirect cost rate allowed under the Uniform Guidance. contained in the Uniform Guidance, wherein certain types of expenditures are not
Title: Note B - Summary of Significant Accounting Policies Accounting Policies: Accrual Basis De Minimis Rate Used: N Rate Explanation: The organization has not elected to use the 10-percent de-minimis indirect cost rate allowed under the Uniform Guidance. allowable or are limited as to reimbursement.
Title: Note D - Subrecipients Accounting Policies: Accrual Basis De Minimis Rate Used: N Rate Explanation: The organization has not elected to use the 10-percent de-minimis indirect cost rate allowed under the Uniform Guidance. The organization did not provide any federal funds to subrecipients.