Audit 362488

Title: Note 1 - Basis of Presentation: Accounting Policies: Expenditures reported on the Schedule are reported on the accrual basis of accounting. Such expenditures are recognized following 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: N Rate Explanation: The Center For Youth Services, Inc. and CYS Properties, Inc. has an approved federal indirect cost rate. The accompanying Schedule of Expenditures of Federal Awards (the "Schedule") includes the federal award activity of The Center For Youth Services, Inc. and CYS Properties, Inc. under programs of the federal government for the year ended March 31, 2025. 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 The Center For Youth Services, Inc. and CYS Properties, Inc., it is not intended to and does not present the financial position, change in net assets, or cash flows of The Center For Youth Services, Inc. and CYS Properties, Inc.