Audit 14573

Title: Note 1 - Scope of Audit Pursuant to the Uniform Guidance Accounting Policies: All federal grant operations of the Triad Family Services are included in the scope of the audit performed under the Single Audit Act Amendments of 1996 and Title 2 U.S. Code of Federal Regulations (CFR) Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance). The audit was performed in accordance with the provisions of the OMB Compliance Supplement. Compliance testing of all requirements, as described in the Compliance Supplement, was performed for the major programs listed in the Summary of Auditors' Results of the accompanying Schedule of Findings and Questioned Costs. These programs represent all major federal award programs and other grants with fiscal year 2022-23 cash and noncash expenditures in excess of $750,000 to ensure coverage of at least 20% of federally granted funds. De Minimis Rate Used: N Rate Explanation: The auditee did not use the de minimis cost rate. All federal grant operations of the Triad Family Services are included in the scope of the audit performed under the Single Audit Act Amendments of 1996 and Title 2 U.S. Code of Federal Regulations (CFR) Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance). The audit was performed in accordance with the provisions of the OMB Compliance Supplement. Compliance testing of all requirements, as described in the Compliance Supplement, was performed for the major programs listed in the Summary of Auditors' Results of the accompanying Schedule of Findings and Questioned Costs. These programs represent all major federal award programs and other grants with fiscal year 2022-23 cash and noncash expenditures in excess of $750,000 to ensure coverage of at least 20% of federally granted funds

Title: Note 2 - Basis of presentation Accounting Policies: All federal grant operations of the Triad Family Services are included in the scope of the audit performed under the Single Audit Act Amendments of 1996 and Title 2 U.S. Code of Federal Regulations (CFR) Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance). The audit was performed in accordance with the provisions of the OMB Compliance Supplement. Compliance testing of all requirements, as described in the Compliance Supplement, was performed for the major programs listed in the Summary of Auditors' Results of the accompanying Schedule of Findings and Questioned Costs. These programs represent all major federal award programs and other grants with fiscal year 2022-23 cash and noncash expenditures in excess of $750,000 to ensure coverage of at least 20% of federally granted funds. De Minimis Rate Used: N Rate Explanation: The auditee did not use the de minimis cost rate. The accompanying Schedule of Expenditures of Federal Awards includes all Federal grants and contracts to Triad Family Services that had activity during the year ended June 30, 2023. This schedule has been prepared on the accrual basis of accounting. Grant and contract revenues are recorded for financial reporting purposes when the Organization has met the qualifications for the respective grants and contracts.

Title: Note 3 - Indirect Cost Rate Accounting Policies: All federal grant operations of the Triad Family Services are included in the scope of the audit performed under the Single Audit Act Amendments of 1996 and Title 2 U.S. Code of Federal Regulations (CFR) Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance). The audit was performed in accordance with the provisions of the OMB Compliance Supplement. Compliance testing of all requirements, as described in the Compliance Supplement, was performed for the major programs listed in the Summary of Auditors' Results of the accompanying Schedule of Findings and Questioned Costs. These programs represent all major federal award programs and other grants with fiscal year 2022-23 cash and noncash expenditures in excess of $750,000 to ensure coverage of at least 20% of federally granted funds. De Minimis Rate Used: N Rate Explanation: The auditee did not use the de minimis cost rate. Triad Family Services has elected not to use the 10% de minimus indirect cost rate as allowed under the Uniform Guidance.