Audit 304575

Title: INDIRECT COST ALLOCATION Accounting Policies: The accompanying schedule of expenditures of federal and state awards (the “Schedule”) includes the federal award activity of Rock Valley Community Programs, 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 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 Rock Valley Community Programs Inc., it is not intended to and does not present the financial position, changes in net assets or cash flows of Rock Valley Community Programs, 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 reimbursement. De Minimis Rate Used: N Rate Explanation: N/A Rock Valley Community Programs, Inc. has not elected to use the 10-percent de minimis indirect cost rate as allowed under the Uniform Guidance.

Title: SUBRECIPIENTS Accounting Policies: The accompanying schedule of expenditures of federal and state awards (the “Schedule”) includes the federal award activity of Rock Valley Community Programs, 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 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 Rock Valley Community Programs Inc., it is not intended to and does not present the financial position, changes in net assets or cash flows of Rock Valley Community Programs, 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 reimbursement. De Minimis Rate Used: N Rate Explanation: N/A Rock Valley Community Programs, Inc. does not have subrecipients or subrecipient expenses.