Audit 300775

Title: A. 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. Family Counseling Center, Inc has elected to not use the 10 percent de minimis indirect cost rate as allowed under the Uniform Guidance. There were no federal awards passed through to subreceipients by the Family Counseling Center, Inc. De Minimis Rate Used: N Rate Explanation: All costs are charged directly to the federal award. The accompanying schedule of expenditures of federal awards (the Schedule) includes the federal award activity of Family Counseling Center, Inc. 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, (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 Family Counseling Center, Inc., it is not intended to and does not present the financial position, changes in net assets, or cash flows of Family Counseling Center, Inc.

Title: B. Summary of Significant Accounting Policies 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. Family Counseling Center, Inc has elected to not use the 10 percent de minimis indirect cost rate as allowed under the Uniform Guidance. There were no federal awards passed through to subreceipients by the Family Counseling Center, Inc. De Minimis Rate Used: N Rate Explanation: All costs are charged directly to the federal award. (a) 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. (b) Family Counseling Center, Inc has elected to not use the 10 percent de minimis indirect cost rate as allowed under the Uniform Guidance. (c) There were no federal awards passed through to subreceipients by the Family Counseling Center, Inc.