Notes to SEFA
The accompanying Schedule of Expenditures of Federal Awards (SEFA) includes the federal award activity of Congregation Talmud Torah D'Chasidei Bobov of Monsey under programs of the federal government for the year ended June 30, 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 Congregation Talmud Torah D'Chasidei Bobov of Monsey, it is not intended to and does not present the financial position, changes in net assets, or cash flows of Congregation Talmud Torah D'Chasidei Bobov of Monsey.
The Organization participates in the New York State Department of Education Food Programs (for breakfast, lunch, snack and Fresh Fruit and Vegetable (FFVP) programs) which is a “pass-through agency” of the United States Department of Agriculture. There were no payments made to subrecipients for federal awards received during the year ended June 30, 2024.
Congregation Talmud Torah D'Chasidei Bobov of Monsey was approved by the State of New York’s Department of Agriculture, under the National School Lunch Act and the Child Nutrition Act of 1966, to operate the Child Nutrition Program, which includes the School Breakfast Program, the National School Lunch Program and the Fresh Fruit and Vegetable Program. The Programs enable the school to offer free or reduced-priced meals to eligible students.
The Organization has evaluated subsequent events through September 1, 2025, the date the Schedule of Expenditures of Federal Awards were available to be issued. There were no material subsequent events that required recognition or additional disclosure in these Schedule of Expenditures of Federal Awards