Audit 311276

Title: NOTE 1 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Accounting Policies: The accompanying schedule of expenditures of federal awards (the Schedule) includes the federal grant activity of Firefly Children and Family Alliance, Inc. and Firefly Children and Family Alliance Foundation, Inc. (the Organizations). The information in the Schedule is presented in accordance with the requirements of Title 2 U.S. Code of Federal Regulations (CFR), Uniform Administration Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance). Because the Schedule presents only a selected portion of the operations of the Organizations, it is not intended to and does not present the financial position, changes in operations, or cash flows of the Organizations. In addition, some amounts presented in the Schedule may differ from amounts presented in, or used in the preparation of, the consolidated financial statements. 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 or federal award guidance when such cost principles are not applicable to the specific federal award. Subrecipients: The Organizations provided no funds to subrecipients in 2023. De Minimis Rate Used: Both Rate Explanation: The Organizations have not elected to use the 10% de minimis indirect cost rate as allowed under the Uniform Guidance except for Assistance Listing No. 93.670 Child Abuse and Neglect Discretionary Activities. The accompanying schedule of expenditures of federal awards (the Schedule) includes the federal grant activity of Firefly Children and Family Alliance, Inc. and Firefly Children and Family Alliance Foundation, Inc. (the Organizations). The information in the Schedule is presented in accordance with the requirements of Title 2 U.S. Code of Federal Regulations (CFR), Uniform Administration Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance). Because the Schedule presents only a selected portion of the operations of the Organizations, it is not intended to and does not present the financial position, changes in operations, or cash flows of the Organizations. In addition, some amounts presented in the Schedule may differ from amounts presented in, or used in the preparation of, the consolidated financial statements. 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 or federal award guidance when such cost principles are not applicable to the specific federal award. Subrecipients: The Organizations provided no funds to subrecipients in 2023.

Title: NOTE 2 - INDIRECT COST RATE Accounting Policies: The accompanying schedule of expenditures of federal awards (the Schedule) includes the federal grant activity of Firefly Children and Family Alliance, Inc. and Firefly Children and Family Alliance Foundation, Inc. (the Organizations). The information in the Schedule is presented in accordance with the requirements of Title 2 U.S. Code of Federal Regulations (CFR), Uniform Administration Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance). Because the Schedule presents only a selected portion of the operations of the Organizations, it is not intended to and does not present the financial position, changes in operations, or cash flows of the Organizations. In addition, some amounts presented in the Schedule may differ from amounts presented in, or used in the preparation of, the consolidated financial statements. 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 or federal award guidance when such cost principles are not applicable to the specific federal award. Subrecipients: The Organizations provided no funds to subrecipients in 2023. De Minimis Rate Used: Both Rate Explanation: The Organizations have not elected to use the 10% de minimis indirect cost rate as allowed under the Uniform Guidance except for Assistance Listing No. 93.670 Child Abuse and Neglect Discretionary Activities. The Organizations have not elected to use the 10% de minimis indirect cost rate as allowed under the Uniform Guidance except for Assistance Listing No. 93.670 Child Abuse and Neglect Discretionary Activities.