Audit 323587

Title: Subrecipients Accounting Policies: The Schedule of Expenditures of Federal Awards (the "Schedule") includes the federal grant activity of Yamhill Community Action Partnership under programs of the federal government for the year ended June 30, 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 for Federal Awards (Uniform Guidance). Because the schedule presents only a selected portion of the operations of Yamhill Community Action Partnership, it is not intended to and does not present the financial position, changes in net assets or cash flows of Yamhill Community Action Partnership. 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: Yamhill Community Action Partnership has not elected to use the 10-percent de minimis indirect cost rate as allowed under the Uniform Guidance. Yamhill Community Action Partnership does not have subrecipients or subrecipient expenditures.