Audit 351631

Title: NOTE A – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Accounting Policies: NOTE A – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES De Minimis Rate Used: N Rate Explanation: N/A All Federal grant operations of Maryland Family Network, Inc. (MFN) are included in the scope of Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (the Single Audit or Uniform Guidance). The Single Audit was performed in accordance with the provisions of the OMB Compliance Supplement (the Compliance Supplement). Compliance testing of all applicable requirements, as described in the Compliance Supplement, was performed for the major grant program noted below. The programs on the schedule of expenditures of Federal awards represent all Federal award programs and other grants with fiscal year 2024 cash or non-cash expenditure activities. For our single audit testing, we tested Federal award programs with 2024 cash and non-cash expenditures to ensure coverage of at least 20% of Federally granted funds. Our actual coverage was 51%. The major programs tested are listed below. Expenditures reported on the Schedule of Expenditures of Federal Award (the Schedule) are recognized following Uniform Guidance, where in certain types of expenditures are not allowable or are limited as to disbursement. MFN has elected not to use the 10-percent de minimis indirect cost rate as allowed under the Uniform Guidance.

Title: NOTE B – BASIS OF PRESENTATION Accounting Policies: NOTE A – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES De Minimis Rate Used: N Rate Explanation: N/A The accompanying Schedule includes the Federal award activity of MFN under programs of the Federal government for the year ended June 30,2024 and is accounted for on the accrual basis of accounting. The information in this Schedule is presented in accordance with Uniform Guidance.