Audit 343107

Title: Note 1 - Basis of Presentation Accounting Policies: Note 1 - Basis of Presentation Expenditures reported on the schedule are reported on the accrual basis of accounting. Such expenditures are recognized following the cost principles contained in Uniform Administrative Requirements (CFR) Part 200, Cost Principles for Non‐Profit Organizations, and the New Jersey OMB Circular 15‐08, wherein certain types of expenditures arenot allowable or are limited as to reimbursement. Pass‐through Entities: Pass‐ through entity identifying numbers arepresented where available. 10% De Minimis Indirect Cost Rate the Organization has elected not to use the 10% De Minimisindirect cost rate allowed under the Uniform Guidance. Note 2 - Summary of Significant Accounting Policies Basis of Presentation Expenditures reported on the Schedule are reported on the accrual basis of accounting. Such expenditures are recognized following the cost principles contained in Uniform Administrative Requirements (CFR) Part 200, Cost Principles for Non-Profit Organizations, and the New Jersey OMB Circular 15-08, wherein certain types of expenditures are not allowable or are limited as to reimbursement. Pass-through Entities Pass-through entity identifying numbers are presented where available. 10% De Minimis Indirect Cost Rate The Organization has elected not to use the 10% de minimis indirect cost rate allowed under the Uniform Guidance. De Minimis Rate Used: N Rate Explanation: The auditee did not use the de minimis cost rate. The accompanying schedule of expenditures of federal and state awards (the “Schedule”) includes the federal and state grant activity of the North Jersey AIDS Alliance, Inc. (the “Organization”) under programs of the federal and state 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 (CFR) Part 200, Uniform Administrative Requirements, Cost Principles and Audit Requirements for Federal Awards (Uniform Guidance) and the New Jersey OMB Circular 15-08. 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 flow of the Organization.

Title: Note 2 - Summary of Significant Accounting Policies Accounting Policies: Note 1 - Basis of Presentation Expenditures reported on the schedule are reported on the accrual basis of accounting. Such expenditures are recognized following the cost principles contained in Uniform Administrative Requirements (CFR) Part 200, Cost Principles for Non‐Profit Organizations, and the New Jersey OMB Circular 15‐08, wherein certain types of expenditures arenot allowable or are limited as to reimbursement. Pass‐through Entities: Pass‐ through entity identifying numbers arepresented where available. 10% De Minimis Indirect Cost Rate the Organization has elected not to use the 10% De Minimisindirect cost rate allowed under the Uniform Guidance. Note 2 - Summary of Significant Accounting Policies Basis of Presentation Expenditures reported on the Schedule are reported on the accrual basis of accounting. Such expenditures are recognized following the cost principles contained in Uniform Administrative Requirements (CFR) Part 200, Cost Principles for Non-Profit Organizations, and the New Jersey OMB Circular 15-08, wherein certain types of expenditures are not allowable or are limited as to reimbursement. Pass-through Entities Pass-through entity identifying numbers are presented where available. 10% De Minimis Indirect Cost Rate The Organization has elected not to use the 10% de minimis indirect cost rate allowed under the Uniform Guidance. De Minimis Rate Used: N Rate Explanation: The auditee did not use the de minimis cost rate. Basis of Presentation Expenditures reported on the Schedule are reported on the accrual basis of accounting. Such expenditures are recognized following the cost principles contained in Uniform Administrative Requirements (CFR) Part 200, Cost Principles for Non-Profit Organizations, and the New Jersey OMB Circular 15-08, wherein certain types of expenditures are not allowable or are limited as to reimbursement. Pass-through Entities Pass-through entity identifying numbers are presented where available. 10% De Minimis Indirect Cost Rate The Organization has elected not to use the 10% de minimis indirect cost rate allowed under the Uniform Guidance.