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 OMB Compliance Supplement, wherein certain types of expenditures are not allowable or are limited as to reimbursement. Pass-through entity identifying numbers are presented where available.
De Minimis Rate Used: N
Rate Explanation: The Organization uses all funds from the grant for the program. There are more costs than the grant covers, so there is no need to use a de minimis cost rate as there is no revenue left to cover any administrative costs.
The accompanying Schedule of Expenditures of Federal Awards (Schedule) includes the federal grant activity of Food Bank of Northwest Indiana, Inc. under programs of the federal government for the year ended December 31, 2024. 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). Because the schedule presents only a selected portion of the operations of Food Bank of Northwest Indiana, Inc., it is not intended to and does not present the financial position, changes in net assets or cash flows of Food Bank of Northwest Indiana, Inc.
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 OMB Compliance Supplement, wherein certain types of expenditures are not allowable or are limited as to reimbursement. Pass-through entity identifying numbers are presented where available.
De Minimis Rate Used: N
Rate Explanation: The Organization uses all funds from the grant for the program. There are more costs than the grant covers, so there is no need to use a de minimis cost rate as there is no revenue left to cover any administrative costs.
Expenditures reported on the Schedule are reported on the accrual basis of accounting. Such expenditures are recognized following the cost principles contained in OMB Compliance Supplement, wherein certain types of expenditures are not allowable or are limited as to reimbursement. Pass-through entity identifying numbers are presented where available.
Title: Commodities Program
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 OMB Compliance Supplement, wherein certain types of expenditures are not allowable or are limited as to reimbursement. Pass-through entity identifying numbers are presented where available.
De Minimis Rate Used: N
Rate Explanation: The Organization uses all funds from the grant for the program. There are more costs than the grant covers, so there is no need to use a de minimis cost rate as there is no revenue left to cover any administrative costs.
Food Bank of Northwest Indiana, Inc. receives shipments of food commodities from the U.S. Department of Agriculture as a sub-grantee from the Indiana Office of Community and Rural Affairs. The program’s objective is to distribute available commodities to agencies serving needy individuals. The entire amount expended under this program was provided to sub-recipients. Nonmonetary assistance is reported in the Schedule at the fair market value of the commodities received and disbursed.
Title: Administrative Reimbursement
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 OMB Compliance Supplement, wherein certain types of expenditures are not allowable or are limited as to reimbursement. Pass-through entity identifying numbers are presented where available.
De Minimis Rate Used: N
Rate Explanation: The Organization uses all funds from the grant for the program. There are more costs than the grant covers, so there is no need to use a de minimis cost rate as there is no revenue left to cover any administrative costs.
Food Bank of Northwest Indiana, Inc. receives reimbursement of claims from the U.S. Department of Agriculture as a sub-grantee from the Indiana Office of Community and Rural Affairs. The program’s objective is to provide administrative funds for the distribution of available commodities to agencies serving needy individuals.
Title: Temporary Assistance to Needy Families
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 OMB Compliance Supplement, wherein certain types of expenditures are not allowable or are limited as to reimbursement. Pass-through entity identifying numbers are presented where available.
De Minimis Rate Used: N
Rate Explanation: The Organization uses all funds from the grant for the program. There are more costs than the grant covers, so there is no need to use a de minimis cost rate as there is no revenue left to cover any administrative costs.
Food Bank of Northwest Indiana, Inc. received special funds from the U.S. Department of Health and Human Services passed through Feeding Indiana’s Families.
Title: Supplemental Nutrition Assistance Program
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 OMB Compliance Supplement, wherein certain types of expenditures are not allowable or are limited as to reimbursement. Pass-through entity identifying numbers are presented where available.
De Minimis Rate Used: N
Rate Explanation: The Organization uses all funds from the grant for the program. There are more costs than the grant covers, so there is no need to use a de minimis cost rate as there is no revenue left to cover any administrative costs.
Food Bank of Northwest Indiana aims to increase participation in SNAP among eligible individuals in Lake and Porter counties. Food Bank assists with the submission of applications and providing informational sessions within the Northwest Indiana service area.
Title: Food Distribution
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 OMB Compliance Supplement, wherein certain types of expenditures are not allowable or are limited as to reimbursement. Pass-through entity identifying numbers are presented where available.
De Minimis Rate Used: N
Rate Explanation: The Organization uses all funds from the grant for the program. There are more costs than the grant covers, so there is no need to use a de minimis cost rate as there is no revenue left to cover any administrative costs.
The entire amount expended under the food commodities program was expended in the form of non-cash assistance. The non-monetary assistance is reported in the Schedule at the value of the commodities received and disbursed at a cost per pound of the U.S. commodities distributed. As of December 31, 2024, the Organization has food commodities in inventory valued at $1,543,744.
Title: 10-Percent De Minimis 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 OMB Compliance Supplement, wherein certain types of expenditures are not allowable or are limited as to reimbursement. Pass-through entity identifying numbers are presented where available.
De Minimis Rate Used: N
Rate Explanation: The Organization uses all funds from the grant for the program. There are more costs than the grant covers, so there is no need to use a de minimis cost rate as there is no revenue left to cover any administrative costs.
Food Bank of Northwest Indiana, Inc. has elected not to use the 10-percent de minimis indirect cost rate allowed under the Uniform Guidance.
Title: Liability Insurance
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 OMB Compliance Supplement, wherein certain types of expenditures are not allowable or are limited as to reimbursement. Pass-through entity identifying numbers are presented where available.
De Minimis Rate Used: N
Rate Explanation: The Organization uses all funds from the grant for the program. There are more costs than the grant covers, so there is no need to use a de minimis cost rate as there is no revenue left to cover any administrative costs.
Food Bank of Northwest Indiana, Inc. has $2,000,000 in commercial general liability coverage in place for the year ended December 31, 2024.