Audit 40568

Accounting Policies: All Federal grant operations of Neighbor to Family, Inc. (NTF) are included in the scope ofthe Title 2 U.S. Code of Federal Regulations (CFR) Part 200, Uniform AdministrativeRequirements, Cost Principles, and Audit Requirements for Federal Awards (the SingleAudit or Uniform Guidance). The Single Audit was performed in accordance with theprovisions of the OMB Compliance Supplement (the Compliance Supplement). Compliancetesting of all requirements, as described in the Compliance Supplement, was performed forthe major grant program noted below. The programs on the accompanying schedule ofexpenditures of Federal awards represent all Federal award programs and other grants withfiscal year 2022 cash or non-cash expenditure activities. For our Single Audit testing, wetested the Federal award program with 2022 cash and non-cash expenditures to ensurecoverage of at least 20% of Federally granted funds. Our actual coverage was 58%.Expenditures reported on the schedule of expenditures of Federal awards (the Schedule) arerecognized following the cost principles contained in the Uniform Guidance, wherein certaintypes of expenditures are not allowable or are limited as to reimbursement. NTF has electednot to use the 10 percent de minimis indirect cost rate allowed under the Uniform Guidance.The accompanying Schedule includes the Federal award activity of NTF under programs ofthe Federal government for the year ended June 30, 2022 and is recorded on the accrual basisof accounting. The information in this Schedule is presented in accordance with therequirements of the Uniform Guidance. De Minimis Rate Used: N Rate Explanation: The auditee did not use the de minimis cost rate.