Audit 345727

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 the Uniform Guidance, wherein certain types of expenditures are not allowed or are limited as to reimbursement. De Minimis Rate Used: N Rate Explanation: Life Management Center of Northwest Florida, Inc. has not elected to use the 10 percent de minimis indirect cost rate as allowed under Uniform Guidance. The accompanying Schedule of Expenditures of Federal Awards and State Financial Assistance (the Schedule) includes the federal awards and state project activity of Life Management Center of Northwest Florida, Inc. under programs of the federal and state governments for the year ended June 30, 2024, 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 Section 215.97, Florida Statutes. Because the Schedule presents only a selected portion of the operations of Life Management Center of Northwest Florida, Inc. it is not intended to and does not present the financial position, changes in net assets, or cash flows of Life Management Center of Northwest Florida, Inc.

Title: Subrecipients 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 allowed or are limited as to reimbursement. De Minimis Rate Used: N Rate Explanation: Life Management Center of Northwest Florida, Inc. has not elected to use the 10 percent de minimis indirect cost rate as allowed under Uniform Guidance. For the year ended June 30, 2024, there were no amounts passed through to subrecipients.