Audit 2588

Accounting Policies: The accompanying schedule of expenditures of federal awards (the “Schedule”) includes the federal award activity of Catholic Charities of the Archdiocese of Oklahoma City, Inc. and Subsidiaries (Catholic Charities) 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 Catholic Charities, it is not intended to and does not present the financial position, changes in net assets or cash flows of Catholic Charities. Federal Assistance Listing Numbers or other identifying numbers listed on the Schedule were obtained from the respective grant/contract agreement. Expenditures reported 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 for all awards with the exception of the Coronavirus Relief Fund, Federal Assistance Listing Number 21.019, which follows criteria determined by the U.S. Department of the Treasury for allowability of costs. De Minimis Rate Used: N Rate Explanation: Catholic Charities has elected not to use the 10 percent de minimis indirect cost rate allowed under the Uniform Guidance.