Audit 323955

Title: NOTE A - 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, wherein certain types of expenditures are not allowable or are limited as to reimbursement. The Organization has elected not to use the 10-percent de minimis indirect cost rate as allowed under the Uniform Guidance. De Minimis Rate Used: N Rate Explanation: No indirect cost was charged to the award. The accompanying schedule of expenditures of federal awards includes the federal award activity of Community Alternatives, Inc., HUD Project No. 054-HD064-WDD/SC16-Q941-010 and is presented on the accrual basis of accounting. 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 Community Alternatives, Inc., it is not intended to and does not present the financial position, changes in net assets, or cash flows of Community Alternatives, Inc.

Title: NOTE B – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES 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, wherein certain types of expenditures are not allowable or are limited as to reimbursement. The Organization has elected not to use the 10-percent de minimis indirect cost rate as allowed under the Uniform Guidance. De Minimis Rate Used: N Rate Explanation: No indirect cost was charged to the award. 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. The Organization has elected not to use the 10-percent de minimis indirect cost rate as allowed under the Uniform Guidance. The below table summarizes the loan, or loan guarantees, including interest subsidies, outstanding at year-end. Federal CFDA Balance at Federal Grantor Program Title Number June 30, 2024 U.S. Department of Housing and Urban Development Direct Programs Section 811 Supportive Housing for Persons with Disabilities 14.181 $ 936,200