Audit 361831

Accounting Policies: The accompanying schedule of expenditures of federal awards (the Schedule) includes the federal grant activity of the Comstock Community Center, Inc. under programs of the federal government for the year ended December 31, 2024. The information in this Schedule is presented in accordance with the requirements of Title 2 U.S. Code of Federal Regulations (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 Comstock Community Center, Inc., it is not intended to and does not present the financial position, changes in net assets, or cash flows of Comstock Community Center, Inc. Expenditures reported on the Schedule are reported on the accrual basis of accounting. Such expenditures are recognized following the cost principles contained in Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards, wherein certain types of expenditures are not allowable or are limited as to reimbursement, as outlined in the Compliance Supplement. Comstock Community Center has not elected to use the 10-percent de minimis indirect cost rate as allowed under the Uniform Guidance. Comstock Community Center does not have any subrecipients. De Minimis Rate Used: N Rate Explanation: Comstock Community Center has not elected to use the 10-percent de minimis indirect cost rate as allowed under the Uniform Guidance.