Notes to SEFA
The accompanying schedule of expenditures of federal awards (SEFA) includes the federal award activity of Bais Yaakov D'Chassidei Gur under programs for the federal government for the year ended August 31, 2024. The information in this schedule is presented in accordance with the requirements of the 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 Bais Yaakov D'Chassidei Gur, it is not intended to and does not present the financial position, changes in net assets, or cash flows of the Organization.
The Organization participates in the NYS Department of Education Food Programs (for breakfast and lunch programs) which is a pass-through-agency of the U.S. Department of Agriculture. There were no payments made to subrecipients for federal awards received during the year ended August 31, 2024.
Bais Yaakov D'Chassidei Gur was approved by the State of New York’s Department of Agriculture, under the National School Lunch Act and Child Nutrition Act of 1966, to operate the Child Nutrition Program which includes the School Breakfast Program, the National School Lunch Program and the Summer Food Service Program for Children. The program enables the school to offer free or reduced-priced meals to eligible students.
The Organization has evaluated subsequent events and transactions for potential recognition or disclosure in the Schedule of Expenditures of Federal Awards through September 1, 2025, the date the Schedule of Expenditures of Federal Awards was available to be issued