Audit 33879

Accounting Policies: (1) Basis of presentationThe accompanying schedule of expenditures of federal awards (the "Schedule") includes award activity of Second Harvest Food Bank of East Tennessee under programs of the federal government for the year ended June 30, 2022. 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 Requirement for Federal Awards ("Uniform Guidance"). Because the Schedule presents only a selected portion of the operations of the Organization, it is not intended to and does not present the financial position, changes in net assets, or cash flows of the Organization.(2) Summary of significant accounting policies for federal expendituresExpenditures reported on the Schedule are reported on the accrual basis of accounting. The expenditures reported in the Schedule follow the cost principles contained in the Uniform Guidance.(3) Indirect cost rateThe Organization has elected not to use the 10% de minimis indirect cost rate allowed under the Uniform Guidance.(4) Passed through to subrecipientsThere were no awards passed through to subrecipients. De Minimis Rate Used: N Rate Explanation: The auditee did not use the de minimis cost rate.