Audit 1575

Title: Subrecipient Agreements Accounting Policies: The accompanying schedule of expenditures of federal awards (the Schedule) includes the federal grant activities of Hand in Hand/Mano en Mano and Subsidiary under the programs of the federal government for the year ended December 31, 2022. The information in this schedule is presented in accordance with the requirements of the Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles and Audit Requirements of Federal Awards (Uniform Guidance). Because the schedule presents only a selected portion of the operations of Hand in Hand/Mano en Mano and Subsidiary, it is not intended to and does not present the financial position, changes in net assets or cash flows of Hand in Hand/Mano en Mano and Subsidiary. Expenditures on the Schedule are reported 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. Pass-through entity identifying numbers are presented where available. De Minimis Rate Used: N Rate Explanation: Hand in Hand/Mano en Mano and Subsidiary has not elected to use the 10% de mininis indirect cost rate as allowed under the Uniform Guidance as they have an approved indirect cost rate. The Organization does not provide grants to any subrecipients.