Audit 318287

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, Cost Principles for Non-Profit Organizations, wherein certain types of expenditures are not allowable or are limited as to reimbursement. The Organization’s summary of significant accounting policies is presented in Note 1 in the Organization’s basic financial statements. De Minimis Rate Used: N Rate Explanation: The Organization has not elected to use the 10 percent de-minimis indirect cost rate The accompanying schedule of expenditures of federal awards (the Schedule) includes the federal grant activity of Boys & Girls Club of Western Treasure Valley under programs of the federal government for the year ended December 31, 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 of Federal Awards (Uniform Guidance). Because the Schedule presents only a selected portion of the operations of the Organization is not intended to and does not present the financial position, changes in net assets, or cash flows of the Organization.