Audit 350159

Title: Basis of presentation Accounting Policies: Basis of presentation The accompanying schedule of expenditures of federal awards (the “Schedule”) includes the activities in all the Federal programs of Evergreen Charter School (the “School”) and is presented on the accrual basis of accounting. 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 Requirement, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance). Because the Schedule presents only a selected portion of the operations of the School, it is not intended to and does not present the financial position, changes in net assets, or cash flows of the School. De Minimis Rate Used: N Rate Explanation: Indirect cost rate The School has elected not to use the 10 percent de minimis indirect cost rate allowed under the Uniform Guidance. The accompanying schedule of expenditures of federal awards (the “Schedule”) includes the activities in all the Federal programs of Evergreen Charter School (the “School”) and is presented on the accrual basis of accounting. 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 Requirement, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance). Because the Schedule presents only a selected portion of the operations of the School, it is not intended to and does not present the financial position, changes in net assets, or cash flows of the School.

Title: Indirect cost rate Accounting Policies: Basis of presentation The accompanying schedule of expenditures of federal awards (the “Schedule”) includes the activities in all the Federal programs of Evergreen Charter School (the “School”) and is presented on the accrual basis of accounting. 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 Requirement, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance). Because the Schedule presents only a selected portion of the operations of the School, it is not intended to and does not present the financial position, changes in net assets, or cash flows of the School. De Minimis Rate Used: N Rate Explanation: Indirect cost rate The School has elected not to use the 10 percent de minimis indirect cost rate allowed under the Uniform Guidance. The School has elected not to use the 10 percent de minimis indirect cost rate allowed under the Uniform Guidance.