Notes to SEFA
The accompanying schedule of expenditures of federal awards (the Schedule) includes the federal grant activity of Mosdos
Chasidei Square TYY of Boro Park (the institution), for the year ended September 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 Principals, 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.
The institution did not provide any federal funds to subrecipients.
The initial disbursement of $50,000 was received in April 2025; accordingly, $50,000 is reported on the Schedule for the
year ended September 30, 2025, which also equals the outstanding loan balance at year-end. Subsequent to year-
in November 2025, the institution received the remaining $325,000 of loan proceeds.