Audit 363536

Title: Pass-through to Sub-recipients Accounting Policies: Basis of Presentation The accompanying Schedule of Expenditures of Federal and Non-federal Awards (“the Schedule”) includes the federal award activity of Niños Latinos Unidos (“Niños Latinos”), under the programs of the federal government for the year ended December 31, 2023. 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 Niños Latinos, it is not intended to and does not present the financial position, changes in net assets, or cash flows of Niños Latinos. De Minimis Rate Used: N Rate Explanation: Basis of Accounting Expenditures reported on the Schedule are reported on the accrual basis of accounting. Such expenditures are recognized following the cost principles contained in 2 CFR 200, Subpart E (Cost Principles), wherein certain types of expenditures are not allowable or limited as to reimbursement. Niños Latinos did not elect to use the 10% de minimis indirect cost rate allowed under the Uniform Guidance. Niños Latinos did not pass-through federal funding to any sub-recipients during the year ended December 31, 2023.

Title: Other Information Accounting Policies: Basis of Presentation The accompanying Schedule of Expenditures of Federal and Non-federal Awards (“the Schedule”) includes the federal award activity of Niños Latinos Unidos (“Niños Latinos”), under the programs of the federal government for the year ended December 31, 2023. 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 Niños Latinos, it is not intended to and does not present the financial position, changes in net assets, or cash flows of Niños Latinos. De Minimis Rate Used: N Rate Explanation: Basis of Accounting Expenditures reported on the Schedule are reported on the accrual basis of accounting. Such expenditures are recognized following the cost principles contained in 2 CFR 200, Subpart E (Cost Principles), wherein certain types of expenditures are not allowable or limited as to reimbursement. Niños Latinos did not elect to use the 10% de minimis indirect cost rate allowed under the Uniform Guidance. Niños Latinos did not receive federal insurance, loans, or non-cash assistance during the year ended December 31, 2023.