Audit 357170

Title: NOTE 1 - GENERAL Accounting Policies: Note 2: The accompanying schedule of expenditures of federal awards of Sacramento Steps Forward is presented on the accrual basis of accounting. The information in this Schedule is presented in accordance with the requirements of the Uniform Guidance De Minimis Rate Used: Y Rate Explanation: Note 4: Sacramento Steps Forward has elected to use the 10% de minimus indirect cost rate allowed under the Uniform Guidance. The accompanying schedule of expenditures of federal awards (the Schedule) presents the activity of all federal financial assistance programs of Sacramento Steps Forward under programs of the federal government for the year ended December 31, 2023. 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 Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance). Because the Schedule presents only a selected portion of the operations of Sacramento Steps Forward, it is not intended to and does not present the financial position, changes in net assets, or cash flows of Sacramento Steps Forward.

Title: NOTE 3 - CLAIMS Accounting Policies: Note 2: The accompanying schedule of expenditures of federal awards of Sacramento Steps Forward is presented on the accrual basis of accounting. The information in this Schedule is presented in accordance with the requirements of the Uniform Guidance De Minimis Rate Used: Y Rate Explanation: Note 4: Sacramento Steps Forward has elected to use the 10% de minimus indirect cost rate allowed under the Uniform Guidance. Sacramento Steps Forward has received federal grants for specific purposes that are subject to review and audit by the Federal Government. Although such audits could result in expenditure disallowance under the grant terms, any required reimbursements are not expected to be material which have not already been recorded.