FAC Explorer

Audit 386590

FY End
2025-06-30
Total Expended
$56.01M
Findings
0
Programs
9
Organization: Community Food Bank of New Jersey, Inc. (NJ)
Year: 2025 Accepted: 2026-02-10
Auditor: WITHUMSMITH+BROWN PC

Organization Exclusion Status:

Findings

No findings recorded

Programs

ALN Program Spent Major Findings
10.569 EMERGENCY FOOD ASSISTANCE PROGRAM (FOOD COMMODITIES) $32.59M Yes 0
10.182 PANDEMIC RELIEF ACTIVITIES: LOCAL FOOD PURCHASE AGREEMENTS WITH STATES, TRIBES, AND LOCAL GOVERNMENTS $9.28M Yes 0
10.565 COMMODITY SUPPLEMENTAL FOOD PROGRAM $4.10M Yes 0
10.568 EMERGENCY FOOD ASSISTANCE PROGRAM (ADMINISTRATIVE COSTS) $1.24M Yes 0
10.558 CHILD AND ADULT CARE FOOD PROGRAM $835,960 Yes 0
10.559 SUMMER FOOD SERVICE PROGRAM FOR CHILDREN $506,128 Yes 0
10.561 STATE ADMINISTRATIVE MATCHING GRANTS FOR THE SUPPLEMENTAL NUTRITION ASSISTANCE PROGRAM $276,334 Yes 0
10.187 THE EMERGENCY FOOD ASSISTANCE PROGRAM (TEFAP) COMMODITY CREDIT CORPORATION ELIGIBLE RECIPIENT FUNDS $167,681 Yes 0
97.024 EMERGENCY FOOD AND SHELTER NATIONAL BOARD PROGRAM $3,000 Yes 0

Contacts

Name Title Type
LRDMUJP7JTY6 Gerald Maloney Auditee
7328281614 Catherine Bendall Auditor
No contacts on file

Notes to SEFA

The accompanying schedule of expenditures of federal awards and state financial assistance includes the federal and state awards activity of Community Food Bank of New Jersey, Inc. (the “Food Bank”) under programs of the federal and state governments 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") and State of New Jersey, Department of the Treasury, OMB Policy Circular 25-12-OMB ("NJ Circular 25-12-OMB"). Because the schedule presents only a selected portion of the operations of the Food Bank, it is not intended to and does not present the financial position, changes in net assets, or cash flows of the Food Bank.
The value of nonmonetary assistance in the form of donated commodities is reported in the schedule of expenditures of federal awards and state financial assistance when distributed, based on the value of the commodities when received. This value is generally fair value on the date of receipt but may be an assessed value if provided by the Department of Agriculture. At June 30, 2025, the Food Bank had federal food commodities totaling $6,450,695 recorded in inventory that is available for distribution during the subsequent fiscal year.
Funds received from the State of New Jersey to purchase food are recorded as deferred revenue until utilized. At the time food is purchased, it is recorded as inventory. Food is recorded on the schedule of expenditures of federal awards and state financial assistance as revenue when distributed. The inventory of food on hand at June 30, 2025 purchased with State of New Jersey funds was $983,938.