Notes to SEFA
The accompanying schedule includes the federal award activity of Minot Vocational Adjustment Workshop, Inc., DBA: Kalix and Affiliates under programs of the federal government for the year ended June 30, 2025. 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 Minot Vocational Adjustment Workshop, Inc., DBA: Kalix and Affiliates, it is not intended to and does not present the financial position, change in net assets, or cash flows of Minot Vocational Adjustment Workshop, Inc., DBA: Kalix and Affiliates.
The Organization had the following amounts outstanding at June 30, 2025 under federal loan or loan guarantee programs: (SEE TABLE IN NOTES TO SEFA)
The accompanying schedule includes the activities of Minot Vocational Adjustment Workshop, Inc., DBA: Kalix and Affiliates, EIN #45-0313122 and MVW Housing, LLC EIN #45-4889754.
Minot Vocational Adjustment Workshop, Inc., DBA: Kalix and Affiliates does not distinguish between federal and non-federal revenue on the combined statement of activities and changes in net assets. Revenue from multiple sources is consolidated for financial statement presentation. The calculation of the federal amounts of funding for proper presentation in the Schedule of Expenditures of Federal Awards (SEFA) are as follows: (SEE TABLE IN NOTES TO SEFA)
The following schedule ties to the federal awards as stated on the SEFA schedule to the combined financial statements:(SEE TABLE IN NOTES TO SEFA)