Title: NOTE 1 - 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: Y
Rate Explanation: The institution has 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 1 - 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: Y
Rate Explanation: The institution has elected to use the 10-percent de-minimis indirect cost rate allowed under the Uniform Guidance.
includes the federal grant activity of Bais Ruchel D’Satmar Inc. and Affiliated
Title: NOTE 1 - 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: Y
Rate Explanation: The institution has elected to use the 10-percent de-minimis indirect cost rate allowed under the Uniform Guidance.
Entities (the institution), for the year ended August 31, 2024. The information in
Title: NOTE 1 - 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: Y
Rate Explanation: The institution has elected to use the 10-percent de-minimis indirect cost rate allowed under the Uniform Guidance.
this schedule is presented in accordance with the requirements of Title 2 U.S.
Title: NOTE 1 - 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: Y
Rate Explanation: The institution has elected to use the 10-percent de-minimis indirect cost rate allowed under the Uniform Guidance.
Code of Federal Regulations Part 200, Uniform Administrative Requirements,
Title: NOTE 1 - 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: Y
Rate Explanation: The institution has elected to use the 10-percent de-minimis indirect cost rate allowed under the Uniform Guidance.
Cost Principals, and Audit Requirements for Federal Awards (Uniform
Title: NOTE 1 - 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: Y
Rate Explanation: The institution has elected to use the 10-percent de-minimis indirect cost rate allowed under the Uniform Guidance.
Guidance). Because the Schedule presents only a selected portion of the
Title: NOTE 1 - 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: Y
Rate Explanation: The institution has elected to use the 10-percent de-minimis indirect cost rate allowed under the Uniform Guidance.
operations of the organization, it is not intended to and does not present the
Title: NOTE 1 - 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: Y
Rate Explanation: The institution has elected to use the 10-percent de-minimis indirect cost rate allowed under the Uniform Guidance.
financial position, changes in net assets, or cash flows of the organization.
Title: NOTE 4 - 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: Y
Rate Explanation: The institution has elected to use the 10-percent de-minimis indirect cost rate allowed under the Uniform Guidance.
The institution did not provide any federal funds to subrecipients.
Title: NOTE 5 - NONCASH AWARDS
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: Y
Rate Explanation: The institution has elected to use the 10-percent de-minimis indirect cost rate allowed under the Uniform Guidance.
The amount of food commodities reported on the schedule is the value of food
Title: NOTE 5 - NONCASH AWARDS
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: Y
Rate Explanation: The institution has elected to use the 10-percent de-minimis indirect cost rate allowed under the Uniform Guidance.
commodities distributed by the institution and priced as prescribed by the United
Title: NOTE 5 - NONCASH AWARDS
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: Y
Rate Explanation: The institution has elected to use the 10-percent de-minimis indirect cost rate allowed under the Uniform Guidance.
States Department of Agriculture.