Audit 334605

Title: General Information 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. Negative amounts shown on the schedule represent adjustments or credits made in the normal course of business to amount reported as expenditures in prior years. De Minimis Rate Used: N Rate Explanation: The New York Statewide Senior Action Council, Inc. does not have a federally negotiated indirect cost rate and has not elected to use the 10% de minimis cost rate as covered in Section 200.414 in the Uniform Guidance. The accompanying schedule of expenditures of federal awards (the “Schedule”) includes the federal award activity of New York Statewide Senior Action Council, Inc. under programs of the federal government for the year ended March 31, 2024 and 2023. The information in this Schedule is presented in accordance with the requirement 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 New York Statewide Senior Action Council, Inc., it is not intended to and does not present the financial position, changes in net assets, or cash flows of New York Statewide Senior Action Council, Inc.