Audit 351780

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 contained in the Uniform Guidance, wherein certain types of expenditures are not allowable or are limited as to reimbursement. De Minimis Rate Used: Both Rate Explanation: The Center uses the 10% de minimis cost rate as covered in section 200.414 in the Uniform Guidance for the New York City Department of Homeless Services program. For the balance of the programs, there is not a federal negotiated indirect cost rate and the Center has not elected to use the 10% de minimis cost rate. The accompanying schedule of expenditures of federal awards (the “Schedule”) includes the federal grant activity of Samaritan Daytop Village Inc. (the “Center”) 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 Regulations 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 the Center, it is not intended to, and does not, present the financial position, changes in net assets or cash flows of the Center.

Title: SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES 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 contained in the Uniform Guidance, wherein certain types of expenditures are not allowable or are limited as to reimbursement. De Minimis Rate Used: Both Rate Explanation: The Center uses the 10% de minimis cost rate as covered in section 200.414 in the Uniform Guidance for the New York City Department of Homeless Services program. For the balance of the programs, there is not a federal negotiated indirect cost rate and the Center has not elected to use the 10% de minimis cost rate. Expenditures reported on the Schedule are reported on the accrual basis of accounting. Such expenditures are recognized following as applicable, either the cost principles contained in the Uniform Guidance, wherein certain types of expenditures are not allowable or are limited as to reimbursement.

Title: INDIRECT COST RATES 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 contained in the Uniform Guidance, wherein certain types of expenditures are not allowable or are limited as to reimbursement. De Minimis Rate Used: Both Rate Explanation: The Center uses the 10% de minimis cost rate as covered in section 200.414 in the Uniform Guidance for the New York City Department of Homeless Services program. For the balance of the programs, there is not a federal negotiated indirect cost rate and the Center has not elected to use the 10% de minimis cost rate. The Center uses the 10% de minimis cost rate as covered in section 200.414 in the Uniform Guidance for the New York City Department of Homeless Services programs. For the balance of the programs, there is not a federal negotiated indirect cost rate and the Center has not elected to use the 10% de minimis cost rate.