Notes to SEFA
Title: Note 1 - Basis of Presentation
Accounting Policies: Note 2 - Summary of Significant Accounting PoliciesExpenditures reported in the Schedule are reported on the accrual basis of accounting. Community Link Mission, Inc.. has elected not to use the 10 percent de minimis indirect cost rate allowed under the Uniform Guidance.
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis cost rate. See Note 2, last sentence.
The accompanying schedule of expenditures of federal awards (the Schedule) includes the federal grant activity of Community Link Mission, Inc. under programs of the federal government for the year ended December 31, 2022. The information in the Schedule of expenditures of federal awards is presented in accordance with the requirements of the Office of Management and Budget (OMB) Uniform Guidance. Because the Schedule presents on a selected portion of the operations of Community Link Mission, Inc.,it is not intended to and does not present the financial position, changes in equity, or cash flows of Community Link Mission, Inc..