Notes to SEFA
The accompanying schedule of expenditures of federal awards (the schedule) includes the federal grant activity of the Idaho Foodbank Warehouse, Inc. (the Organization), under programs of the federal government for the year ended April 30, 2025. The information 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 the Organization, it is not intended to and does not present the financial position, changes in net assets, or cash flows of the Organization.
At April 30, 2025, the Idaho Foodbank Warehouse, Inc. had received and disbursed food commodities in the amount of $4,333,635 and had food commodities totaling $1,782,791 of food contributed by federal programs included in year-end inventories. Nonmonetary assistance is reported in the schedule of expenditures of federal awards at the value of its food donated and distributed using the price per pound provided by Feeding America. See Note A of the audited financial statements for further detail.