Audit 26173

Title: SUBRECIPIENTS Accounting Policies: The accompanying schedule of expenditures of federal awards (the Schedule) includes the federal award activity of Friendship Home of Lincoln, Inc., under 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 Title 2 U.S. Code of Federal Regulations (CFR) 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 Friendship Home of Lincoln, Inc., it is not intended to and does not present the financial position, changes in net assets, or cash flows of Friendship Home of Lincoln, Inc. 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 re-imbursement. De Minimis Rate Used: Y Rate Explanation: The auditee used the de minimis cost rate. Of the federal expenditures presented in the Schedule, Friendship Home of Lincoln, Inc., provided no federal awards to subrecipients.