Audit 345295

Title: Basis of Presentation Accounting Policies: Expenditures reported on the schedule are reported on the accrual basis of accounting. Such expenditures are recognized following, as applicable, either the cost principles in the Uniform Guidance, or the Wisconsin allowable cost policies, 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 amounts reported as expenditures in prior years. De Minimis Rate Used: N Rate Explanation: The Organization has elected not to use the 10-percent de minimis Indirect Cost Rate as allowed under the Uniform Guidance. The accompanying schedule of expenditures of federal and state awards (the schedule) includes the federal and state award activity of Vivent Health and Affiliates (the Organization) under programs of the federal and state governments for the year ended August 31, 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) and the Wisconsin State Single Audit Guidelines (the Guidelines). 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. Management reviews the expenditures of federal and state awards for each entity that comprises the Organization and determines if a separate audit is required under the Uniform Guidance. Expenditures for the following consolidated subsidiaries of the Organization are not included in the accompanying schedule of expenditures of federal and state awards to meet the requirements of the Uniform Guidance because they either are subject to a stand-alone audit requirement or did not receive any funding subject to the Uniform Guidance or the Guidelines: Milwaukee AIDS Housing Corporation, Inc. Vivent Pharmacy, LLC Vivent Endowment Fund, Inc. CARES Pharmacy, LLC AMC Pharmacy, LLC AIDS Services of Austin Pharmacy, LLC Wellness Network, Inc.

Title: Direct State of Texas Funding Accounting Policies: Expenditures reported on the schedule are reported on the accrual basis of accounting. Such expenditures are recognized following, as applicable, either the cost principles in the Uniform Guidance, or the Wisconsin allowable cost policies, 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 amounts reported as expenditures in prior years. De Minimis Rate Used: N Rate Explanation: The Organization has elected not to use the 10-percent de minimis Indirect Cost Rate as allowed under the Uniform Guidance. The direct state of Texas funding received by the Organization was less than $750,000 during the year ended August 31, 2024.