Audit 11019

Title: NOTE 3 SUBRECIPIENTS Accounting Policies: NOTE 1 BASIS OF PRESENTATION OF SCHEDULE OF EXPENDITURES OF FEDERAL AWARDS The accompanying schedule of expenditures of federal awards presents the activity of all federal award programs of Christian Community Action (the Organization) during the year ended June 30, 2023. The Organization's accounting policies and procedures are defined in Note 2 to the basic financial statements. All federal awards received directly from federal agencies, as well as awards passed through other government agencies, have been included in the accompanying schedule of expenditures of federal awards. The accompanying schedule of expenditures of federal awards has been prepared using the accrual method of accounting whereby grant revenues are recognized as expenditures are incurred. Separate accounts are maintained for the different awards to aid in the observance of limitations and restrictions imposed by the funding agencies. 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). De Minimis Rate Used: N Rate Explanation: The Organization has not elected to use the 10% de minimus indirect cost rate, and continues to use the rates negotiated individually with its grantors. Of the federal expenditures presented in the schedule, Christian Community Action provided no federal awards to subrecipients.

Title: NOTE 4 NONCASH ASSISTANCE Accounting Policies: NOTE 1 BASIS OF PRESENTATION OF SCHEDULE OF EXPENDITURES OF FEDERAL AWARDS The accompanying schedule of expenditures of federal awards presents the activity of all federal award programs of Christian Community Action (the Organization) during the year ended June 30, 2023. The Organization's accounting policies and procedures are defined in Note 2 to the basic financial statements. All federal awards received directly from federal agencies, as well as awards passed through other government agencies, have been included in the accompanying schedule of expenditures of federal awards. The accompanying schedule of expenditures of federal awards has been prepared using the accrual method of accounting whereby grant revenues are recognized as expenditures are incurred. Separate accounts are maintained for the different awards to aid in the observance of limitations and restrictions imposed by the funding agencies. 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). De Minimis Rate Used: N Rate Explanation: The Organization has not elected to use the 10% de minimus indirect cost rate, and continues to use the rates negotiated individually with its grantors. The Organization did not receive any noncash assistance from federal or state awards for the year ended June 30, 2023.

Title: NOTE 5 LOANS Accounting Policies: NOTE 1 BASIS OF PRESENTATION OF SCHEDULE OF EXPENDITURES OF FEDERAL AWARDS The accompanying schedule of expenditures of federal awards presents the activity of all federal award programs of Christian Community Action (the Organization) during the year ended June 30, 2023. The Organization's accounting policies and procedures are defined in Note 2 to the basic financial statements. All federal awards received directly from federal agencies, as well as awards passed through other government agencies, have been included in the accompanying schedule of expenditures of federal awards. The accompanying schedule of expenditures of federal awards has been prepared using the accrual method of accounting whereby grant revenues are recognized as expenditures are incurred. Separate accounts are maintained for the different awards to aid in the observance of limitations and restrictions imposed by the funding agencies. 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). De Minimis Rate Used: N Rate Explanation: The Organization has not elected to use the 10% de minimus indirect cost rate, and continues to use the rates negotiated individually with its grantors. At year-end, the Organization had no loans or loan guarantees outstanding with federal awarding agencies.