Audit 305641

Title: Noncash Assistance Accounting Policies: The accompanying Schedule of Expenditures of Federal Awards (Schedule) has been prepared in accordance with 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). The purpose of the Schedule is to present a summary of those activities of the Center for Internet Security, Inc. (Center) funded by the federal government or pass-through entities for the year ended December 31, 2023, using the accrual basis of accounting. For purposes of this Schedule, federal awards include assistance provided by a federal agency directly or indirectly in the form of grants, contracts, cooperative agreements, loans and loan guarantees, and other noncash assistance. Negative amounts, if any, on the Schedule represent adjustments made to prior year expenditures in the normal course of business. Federal award revenues are reported in the Center’s financial statements as Cooperative Agreement revenue. The Center’s financial statements are presented using the accrual basis. The Schedule presents only a selected portion of the activities of the Center. It is not intended to, and does not, present either the financial position, changes in net assets, or cash flows of the Center. De Minimis Rate Used: N Rate Explanation: The Center has not elected to use the 10-percent de minimis indirect cost rate allowed under the Uniform Guidance. There were no federal awards expended in the form of noncash assistance by the Center during the year ended December 31, 2023.