Audit 290524

Title: SUBRECIPENTS Accounting Policies: BASIS OF PRESENTATION The accompanying schedules of expenditures of federal awards and state financial assistance include the federal and state grant activity of Prevention Links, Inc. (Organization) under programs of federal and state governments for the year ended June 30, 2023. The information in the schedules of expenditures of federal awards and state financial assistance 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) and New Jersey Office of Management and Budget Circular Letter 15-08. Therefore, some amounts presented in these schedules may be different from amounts presented in, or used in the preparation of, the financial statements. De Minimis Rate Used: N Rate Explanation: The Organization did not elect to use the 10 percent de minimis indirect cost rate as allowed under the Uniform Guidance. During the year ended June 30, 2023, the Organization did not provide any funds relating to their federal and state programs to subrecipients.

Title: LOAN AND LOAN GUARANTEE PROGRAMS Accounting Policies: BASIS OF PRESENTATION The accompanying schedules of expenditures of federal awards and state financial assistance include the federal and state grant activity of Prevention Links, Inc. (Organization) under programs of federal and state governments for the year ended June 30, 2023. The information in the schedules of expenditures of federal awards and state financial assistance 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) and New Jersey Office of Management and Budget Circular Letter 15-08. Therefore, some amounts presented in these schedules may be different from amounts presented in, or used in the preparation of, the financial statements. De Minimis Rate Used: N Rate Explanation: The Organization did not elect to use the 10 percent de minimis indirect cost rate as allowed under the Uniform Guidance. As of June 30, 2023, the Organization did not have any loan or loan guarantee programs.