Title: Note A - 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: 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: 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: 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 Bobover Yeshiva Bnei
Title: Note A - 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: The organization has not elected to use the 10-percent de-minimis indirect cost
rate allowed under the Uniform Guidance.
Zion (the organization), for the year ended June 30, 2024. The information in this
Title: Note A - 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: 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: 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: 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: 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: 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: 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: 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: 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: 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: 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: 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 D - 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: 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.