Audit 58606

Title: NOTE 4 MAJOR PROGRAM Accounting Policies: NOTE 1 BASIS OF PRESENTATION The accompanying Schedule of Expenditures of Federal Awards (the Schedule) includes the federalaward activity of Domestic Violence Action Center (a not-for-profit organization; the Organization)under programs of the federal government for the year ended June 30, 2022. The information on thisSchedule is prepared in accordance with the requirements of Title 2 U.S. Code of Federal RegulationsPart 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for FederalAwards (Uniform Guidance). Because the Schedule presents only a selected portion of the operationsof the Organization, it is not intended to and does not present the financial position, changes in netassets, or cash flows of the Organization. NOTE 2 SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Expenditures reported on the Schedule are reported on the accrual basis of accounting. Suchexpenditures are recognized following the cost principles contained in OMB Circular A-122 CostPrinciples for Non-Profit Organizations (codified in 2 CFR Part 230) and Title 2 U.S. Code of FederalRegulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirementsfor Federal Awards, wherein certain types of expenditures may or may not be allowable or may belimited as to reimbursement De Minimis Rate Used: Y Rate Explanation: NOTE 3 INDIRECT COST RATEThe Organization has elected to use the 10-percent de minimis indirect cost rate on new grants asallowed under the Uniform Guidance. * Denotes major program, which compromise 75% of total expenditures of federal awards.