Audit 350111

Title: NOTE 1 - BASIS OF PRESENTATION Accounting Policies: Expenditures reported in the Schedule are reported on the accrual basis of accounting. Such expenditures are recognized following the cost principles contained in Uniform Guidance, wherein certain types of expenditures are not allowed 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. Grant periods for some of the grants included in this schedule are different from the accounting year of RRHC. Expenditures reported on this schedule only include expenditures for the period of July 01, 2023 through June 30, 2024, which is RRHC’s accounting year. De Minimis Rate Used: N Rate Explanation: RRHC does not use the 10% de minimis indirect cost rate as allowed under Uniform Guidance. The accompanying Schedule of Expenditures of Federal Awards (the "Schedule") includes the federal grant activity of RRHC under programs of the federal government for the year ended June 30, 2024. The information in the schedule is presented in accordance with the requirements of Title 2 U.S. Code of Federal Regulation (CFR) 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 RRHC, it is not intended to and does not present the financial position, changes in net assets, or cash flows of RRHC.

Title: NOTE 2 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Accounting Policies: Expenditures reported in the Schedule are reported on the accrual basis of accounting. Such expenditures are recognized following the cost principles contained in Uniform Guidance, wherein certain types of expenditures are not allowed 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. Grant periods for some of the grants included in this schedule are different from the accounting year of RRHC. Expenditures reported on this schedule only include expenditures for the period of July 01, 2023 through June 30, 2024, which is RRHC’s accounting year. De Minimis Rate Used: N Rate Explanation: RRHC does not use the 10% de minimis indirect cost rate as allowed under Uniform Guidance. Expenditures reported in the Schedule are reported on the accrual basis of accounting. Such expenditures are recognized following the cost principles contained in Uniform Guidance, wherein certain types of expenditures are not allowed 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. Grant periods for some of the grants included in this schedule are different from the accounting year of RRHC. Expenditures reported on this schedule only include expenditures for the period of July 01, 2023 through June 30, 2024, which is RRHC’s accounting year.

Title: NOTE 3 - INDIRECT COST RATE Accounting Policies: Expenditures reported in the Schedule are reported on the accrual basis of accounting. Such expenditures are recognized following the cost principles contained in Uniform Guidance, wherein certain types of expenditures are not allowed 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. Grant periods for some of the grants included in this schedule are different from the accounting year of RRHC. Expenditures reported on this schedule only include expenditures for the period of July 01, 2023 through June 30, 2024, which is RRHC’s accounting year. De Minimis Rate Used: N Rate Explanation: RRHC does not use the 10% de minimis indirect cost rate as allowed under Uniform Guidance. RRHC does not use the 10% de minimis indirect cost rate as allowed under Uniform Guidance.

Title: NOTE 4 - SUBRECIPIENTS Accounting Policies: Expenditures reported in the Schedule are reported on the accrual basis of accounting. Such expenditures are recognized following the cost principles contained in Uniform Guidance, wherein certain types of expenditures are not allowed 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. Grant periods for some of the grants included in this schedule are different from the accounting year of RRHC. Expenditures reported on this schedule only include expenditures for the period of July 01, 2023 through June 30, 2024, which is RRHC’s accounting year. De Minimis Rate Used: N Rate Explanation: RRHC does not use the 10% de minimis indirect cost rate as allowed under Uniform Guidance. There were no federal awards provided to sub recipients.