Audit 326593

Title: General Accounting Policies: General- The accompanying schedule of expenditures of federal awards presents the activity of all federal financial assistance programs of Faith House, Inc. (a nonprofit organization). Faith House, Inc.’s reporting entity is defined in Note 1 to the financial statements for the year ended June 30, 2024. All federal financial assistance received directly from federal agencies is included in the schedule as well as federal financial assistance passed through other government agencies. Basis of Accounting- The accompanying schedule of expenditures of federal awards is presented using the accrual basis of accounting, which is described in Note 1 to Faith House, Inc.'s financial statements for the year ended June 30, 2024 De Minimis Rate Used: N Rate Explanation: Faith House, Inc. has elected not to use the 10 percent de minimus indirect cost rate allowed under the Uniform Guidance The accompanying schedule of expenditures of federal awards presents the activity of all federal financial assistance programs of Faith House, Inc. (a nonprofit organization). Faith House, Inc.’s reporting entity is defined in Note 1 to the financial statements for the year ended June 30, 2024. All federal financial assistance received directly from federal agencies is included in the schedule as well as federal financial assistance passed through other government agencies.

Title: Basis of Accounting Accounting Policies: General- The accompanying schedule of expenditures of federal awards presents the activity of all federal financial assistance programs of Faith House, Inc. (a nonprofit organization). Faith House, Inc.’s reporting entity is defined in Note 1 to the financial statements for the year ended June 30, 2024. All federal financial assistance received directly from federal agencies is included in the schedule as well as federal financial assistance passed through other government agencies. Basis of Accounting- The accompanying schedule of expenditures of federal awards is presented using the accrual basis of accounting, which is described in Note 1 to Faith House, Inc.'s financial statements for the year ended June 30, 2024 De Minimis Rate Used: N Rate Explanation: Faith House, Inc. has elected not to use the 10 percent de minimus indirect cost rate allowed under the Uniform Guidance The accompanying schedule of expenditures of federal awards is presented using the accrual basis of accounting, which is described in Note 1 to Faith House, Inc.'s financial statements for the year ended June 30, 2024

Title: Indirect Cost Rate Accounting Policies: General- The accompanying schedule of expenditures of federal awards presents the activity of all federal financial assistance programs of Faith House, Inc. (a nonprofit organization). Faith House, Inc.’s reporting entity is defined in Note 1 to the financial statements for the year ended June 30, 2024. All federal financial assistance received directly from federal agencies is included in the schedule as well as federal financial assistance passed through other government agencies. Basis of Accounting- The accompanying schedule of expenditures of federal awards is presented using the accrual basis of accounting, which is described in Note 1 to Faith House, Inc.'s financial statements for the year ended June 30, 2024 De Minimis Rate Used: N Rate Explanation: Faith House, Inc. has elected not to use the 10 percent de minimus indirect cost rate allowed under the Uniform Guidance Faith House, Inc. has elected not to use the 10 percent de minimus indirect cost rate allowed under the Uniform Guidance