Title: Basis of Presentation
Accounting Policies: The schedule of expenditures of federal awards is presented on the accrual basis of
accounting. Such expenditures are recognized following the cost principles contained in
the Uniform Guidance, wherein certain types of expenditures are not allowable or are
limited as to reimbursement.
De Minimis Rate Used: N
Rate Explanation: Bnois Spinka has elected not to use the 10% de minimis indirect cost rate as allowed
under the Uniform Guidance.
The accompanying Schedule of Expenditures of Federal Awards (the SEFA) includes the
federal award activity of Bnois Spinka under programs of the federal government for the
year ended June 30, 2022. 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 Bnois Spinka it is not intended to and does not present the financial position,
changes in net assets, or cash flows of Bnois Spinka.
Title: Summary of Significant Accounting Policies
Accounting Policies: The schedule of expenditures of federal awards is presented on the accrual basis of
accounting. Such expenditures are recognized following the cost principles contained in
the Uniform Guidance, wherein certain types of expenditures are not allowable or are
limited as to reimbursement.
De Minimis Rate Used: N
Rate Explanation: Bnois Spinka has elected not to use the 10% de minimis indirect cost rate as allowed
under the Uniform Guidance.
The schedule of expenditures of federal awards is presented on the accrual basis of
accounting. Such expenditures are recognized following the cost principles contained in
the Uniform Guidance, wherein certain types of expenditures are not allowable or are
limited as to reimbursement.
Reconciliation of receipts and expenditures to the statement of activities and changes in
net assets of Bnois Spinka is as follows:
Federal Grants Received per SEFA $ 1,126,236
Non-Cash Assistance Received per SEFA 19,613
Total Received Per SEFA 1,145,849
State Grants Received included in Financial Statement 35,221
Total Received Per Financial Statement at June 30, 2022 $ 1,181,070
Title: Indirect Cost Rate
Accounting Policies: The schedule of expenditures of federal awards is presented on the accrual basis of
accounting. Such expenditures are recognized following the cost principles contained in
the Uniform Guidance, wherein certain types of expenditures are not allowable or are
limited as to reimbursement.
De Minimis Rate Used: N
Rate Explanation: Bnois Spinka has elected not to use the 10% de minimis indirect cost rate as allowed
under the Uniform Guidance.
Bnois Spinka has elected not to use the 10% de minimis indirect cost rate as allowed
under the Uniform Guidance.
Title: Pass Through Agency and Subrecipients
Accounting Policies: The schedule of expenditures of federal awards is presented on the accrual basis of
accounting. Such expenditures are recognized following the cost principles contained in
the Uniform Guidance, wherein certain types of expenditures are not allowable or are
limited as to reimbursement.
De Minimis Rate Used: N
Rate Explanation: Bnois Spinka has elected not to use the 10% de minimis indirect cost rate as allowed
under the Uniform Guidance.
The Organization participates in the New York State Department of Education Food
Programs (for breakfast, lunch, snack, summer and FFVP programs), which is the “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, 2022.
Title: Child Nutrition Cluster Program
Accounting Policies: The schedule of expenditures of federal awards is presented on the accrual basis of
accounting. Such expenditures are recognized following the cost principles contained in
the Uniform Guidance, wherein certain types of expenditures are not allowable or are
limited as to reimbursement.
De Minimis Rate Used: N
Rate Explanation: Bnois Spinka has elected not to use the 10% de minimis indirect cost rate as allowed
under the Uniform Guidance.
Bnois Spinka 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 Summer Food Service Program. The programs enable the school to
offer free or reduced-priced meals to eligible students.
Title: Subsequent Events
Accounting Policies: The schedule of expenditures of federal awards is presented on the accrual basis of
accounting. Such expenditures are recognized following the cost principles contained in
the Uniform Guidance, wherein certain types of expenditures are not allowable or are
limited as to reimbursement.
De Minimis Rate Used: N
Rate Explanation: Bnois Spinka has elected not to use the 10% de minimis indirect cost rate as allowed
under the Uniform Guidance.
The Organization has evaluated subsequent events and transactions for potential recognition
or disclosure in the financial statements through November 28, 2023, the date the financial
statements were available to be issued.