Audit 39131

Title: ORGANIZATION AND OPERATIONS Accounting Policies: Expenditures in the Schedule are reported on the accrual basis of accounting. Such expenditures arerecognized following, as applicable, OMB Circular A-122 Cost Principles for Non-Profit Organizations, orthe cost principles contained in the Uniform Guidance, wherein certain types of expenditures are notallowable or are limited as to reimbursement. Negative amounts shown on the Schedule representadjustments or credits made in the normal course of business to amounts reported as expenditures inprior years. The Organization did not elect to use the 10% de minimis indirect cost rate allowed under theUniform Guidance. The information in the accompanying Schedule of Expenditures of Federal Awards ("SEFA") includes thefederal grant and loan activity of the Organization under programs of the federal government for the yearending June 30, 2022. The information in the SEFA is presented in accordance with the requirements ofTitle 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles,and Audit Requirements for Federal Awards (Uniform Guidance). Therefore, some amounts presented inthe SEFA may differ from amounts presented in, or used in the preparation of, the consolidated financialstatements. Although the Organization is required to match certain grants, as defined by the contracts,no such matching has been included as expenditures in the SEFA. De Minimis Rate Used: N Rate Explanation: The auditee did not use the de minimis cost rate. Bill Wilson Center (the "Organization") was incorporated as a California non-profit organization on March 29, 1974, and provides services to the residents of Santa Clara County. The Organization's mission is to support and strengthen the community by serving youth and families through counseling, housing education, and advocacy. Bill Wilson Center emphasizes the importance of collaborative program development and service delivery.