Audit 300648

Title: Basis of Presentation Accounting Policies: 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, with the exception of the matter discussed in Note 4. De Minimis Rate Used: N Rate Explanation: The auditee did not use the de minimis cost rate. The accompanying schedule of expenditures of federal awards (the Schedule) includes the federal award activity of WellLife Network Inc. and Affiliates (WellLife and Affiliates) under programs of the federal government for the year ended June 30, 2023. 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 WellLife and Affiliates, it is not intended to and does not present the financial position, changes in net assets, or cash flows of WellLife and Affiliates. The total Disaster Grants Program expenditures on the Schedule includes $525,331 of out-of-period expenditures that are reported in accordance with the terms and conditions included in the compliance supplement. Out-of-period expenditures are not permitted concepts under U.S. GAAP.