Audit 32202

Accounting Policies: (A) - The accompanying schedule of expenditures of federal awards (SEFA) includes the federal grant activity of Twin Cedars Youth and Family Services, Inc. (the Organization) under programs of the federal government for the year ended June 30, 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 SEFA presents only a selected portion of the operations of the Organization, it is not intended to, and does not, present the financial position, changes in net assets, or cash flows of the Organization. (B) - The Schedule of Expenditures of Federal Awards is prepared on the same basis of accounting asthe Organization's financial statements. The Organization uses the accrual basis of accounting. Expenditures represent only the federally funded portions of the program.(C) - The amounts shown as current year expenses represent only the federal grant portion of the program costs.Entire program cost, including the Organization's portion, may be more than shown. De Minimis Rate Used: N Rate Explanation: The auditee did not use the de minimis cost rate.