Audit 332428

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 Uniform Guidance, wherein certain types of expenditures are not allowable or are limited as to the reimbursement. De Minimis Rate Used: N Rate Explanation: The Organization has not elected to use the De Minimis rate for indirect costs. The accompanying schedule of expenditures of federal awards (the “Schedule”) includes the federal award activity of the United Way of the Greater Lehigh Valley under programs of the federal government for the year ended June 30, 2024. 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 the United Way of the Greater Lehigh Valley, it is not intended to and does not present the financial position, changes in net position, or cash flows of the United Way of the Greater Lehigh Valley.