Audit 9114

Title: Basis of Presentation Accounting Policies: Expenditures reported on the Schedule are reported on the accrual basis of accounting. The expenditures are recognized following the cost principles contained din the Uniform Guidance, wherein certain types of expenditures are not allowable or are limited as to reimbursement. The Organization has elected not to use the 10 percent de minimis indirect cost rate as allowed under the Uniform Guidance. De Minimis Rate Used: N Rate Explanation: The auditee elected to not use the 10 percent de minimis indirect cost rate The accompanying schedule of expenditures of federal awards (the “Schedule”) includes the federal award activity of United Way of Greater Knoxville, Inc. and Its Operating Divisions (collectively, the “Organization”) under programs of the federal governments for the year ended March 31, 2023. The information in this Schedule is presented in accordance with the requirements of the Uniform Guidance. Therefore, some amounts presented in the Schedule may differ from amounts presented in, or used in the preparation of the basic financial statements. Catalog of Federal Domestic Assistance (“CFDA”) numbers are presented for those programs for which such numbers were available. All programs are presented by the federal department. Because the Schedule presents only a selected portion of the operations of the Organization, it is not intended to and does not present the financial position, changes in net assets, or cash flows of the Organization.

Title: Summary of Signficiant Accounting Policies Accounting Policies: Expenditures reported on the Schedule are reported on the accrual basis of accounting. The expenditures are recognized following the cost principles contained din the Uniform Guidance, wherein certain types of expenditures are not allowable or are limited as to reimbursement. The Organization has elected not to use the 10 percent de minimis indirect cost rate as allowed under the Uniform Guidance. De Minimis Rate Used: N Rate Explanation: The auditee elected to not use the 10 percent de minimis indirect cost rate Expenditures reported on the Schedule are reported on the accrual basis of accounting. The expenditures are recognized following the cost principles contained din the Uniform Guidance, wherein certain types of expenditures are not allowable or are limited as to reimbursement. The Organization has elected not to use the 10 percent de minimis indirect cost rate as allowed under the Uniform Guidance.