Audit 405388

The accompanying schedule of expenditures of federal awards includes the federal grant activity of Downriver Community Conference (DCC) and is presented on the same basis of accounting as the financial statements. The information in this schedule is presented in accordance with the requirements of the Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance). In addition, expenditures reported on the schedule are recognized following the federal cost principles contained in the Uniform Guidance, wherein certain types of expenditures are not allowed or are limited as to reimbursement. Therefore, some amounts presented in this schedule may differ from amounts presented in, or used in the preparation of, the basic financial statements. Because the schedule presents only a selected portion of the operations of the DCC, it is not intended to and does not present the financial position, change in net position or cash flows of DCC. Expenditures reported in the Schedule are reported on the same basis of accounting as the basic financial statements. 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. Pass-through entity identifying numbers are presented where available. DCC has elected not to use the 15 percent de minimis indirect cost rate to recover indirect costs, as allowed under the Uniform Guidance.

All subsequent events related to the major programs were evaluated through June 25, 2026, the date the accompanying reports were available to be issued. No subsequent event was noted that required disclosure or adjustment in the report.