FAC Explorer

Audit 9007

FY End
2023-06-30
Total Expended
$4.74M
Findings
0
Programs
6
Organization: Food Bank of Lincoln (NE)
Year: 2023 Accepted: 2024-01-02
Auditor: Hbe LLP

Organization Exclusion Status:

Findings

No findings recorded

Programs

ALN Program Spent Major Findings
21.027 Coronavirus State and Local Fiscal Recovery Funds $2.14M Yes 0
10.569 Emergency Food Assistance Program (food Commodities) $1.65M - 0
10.559 Summer Food Service Program for Children $355,243 - 0
10.565 Commodity Supplemental Food Program $219,619 - 0
10.568 Emergency Food Assistance Program (administrative Costs) $100,423 - 0
10.561 State Administrative Matching Grants for the Supplemental Nutrition Assistance Program $67,615 - 0

Contacts

Name Title Type
QJLNYJ1HCLJ5 Michaella Kumke Auditee
4024668170 Krystal Siebrandt Auditor
No contacts on file

Notes to SEFA

Title: Basis of Presentation Accounting Policies: The accompanying schedule of federal awards includes the federal grant activity of Food Bank of Lincoln, Inc. and Food Bank of Lincoln Foundation and is presented on the accrual basis of accounting. Grant awards are considered expended when the expense transactions associated with the grant occur. De Minimis Rate Used: N Rate Explanation: The Organization did not elect to use the ten percent de minimis indirect cost rate as allowed in the Uniform Guidance, 2 CFR 200.414 The accompanying schedule of federal awards includes the federal grant activity of Food Bank of Lincoln, Inc. and Food Bank of Lincoln Foundation and is presented on the accrual basis of accounting. Grant awards are considered expended when the expense transactions associated with the grant occur. The information in this schedule is presented in accordance with the requirements of the Uniform Guidance. Therefore, some amounts presented in this schedule may differ from amounts presented in, or used in preparation of, the basic consolidated financial statements.
Title: Subrecipients Accounting Policies: The accompanying schedule of federal awards includes the federal grant activity of Food Bank of Lincoln, Inc. and Food Bank of Lincoln Foundation and is presented on the accrual basis of accounting. Grant awards are considered expended when the expense transactions associated with the grant occur. De Minimis Rate Used: N Rate Explanation: The Organization did not elect to use the ten percent de minimis indirect cost rate as allowed in the Uniform Guidance, 2 CFR 200.414 The Organization provided no federal awards to subrecipients.
Title: Indirect Costs Accounting Policies: The accompanying schedule of federal awards includes the federal grant activity of Food Bank of Lincoln, Inc. and Food Bank of Lincoln Foundation and is presented on the accrual basis of accounting. Grant awards are considered expended when the expense transactions associated with the grant occur. De Minimis Rate Used: N Rate Explanation: The Organization did not elect to use the ten percent de minimis indirect cost rate as allowed in the Uniform Guidance, 2 CFR 200.414 The Organization did not elect to use the ten percent de minimis indirect cost rate as allowed in the Uniform Guidance, 2 CFR 200.414.