Notes to SEFA
Title: Pass-Through Entity Identifying Numbers
Accounting Policies: The accompanying schedule of expenditures of federal awards includes the federal grant activity of Tree Trust (the
Organization) under programs of the federal government for the year ended December 31, 2022. The information in this
schedule is presented in accordance with the requirement of the Uniform Guidance, Audits of States, Local Governments,
and Non-Profit Organizations. Therefore, some amounts presented in this schedule may differ from amounts presented in,
or used in the preparation of, the basic financial statements. Expenditures reported on this schedule are reported on the accrual basis of accounting. Such expenditures are
recognized following the cost principles contained in 2 CFR 200.516(a), Cost Principles for Non-Profit Organizations,
wherein certain types of expenditures are not allowable or are limited as to reimbursement.
De Minimis Rate Used: N
Rate Explanation: During the year ended December 31, 2022, the Organization did not elect to use the 10% de minimis indirect cost rate.
Pass-through entity identifying numbers are presented where available.
Title: Subrecipients
Accounting Policies: The accompanying schedule of expenditures of federal awards includes the federal grant activity of Tree Trust (the
Organization) under programs of the federal government for the year ended December 31, 2022. The information in this
schedule is presented in accordance with the requirement of the Uniform Guidance, Audits of States, Local Governments,
and Non-Profit Organizations. Therefore, some amounts presented in this schedule may differ from amounts presented in,
or used in the preparation of, the basic financial statements. Expenditures reported on this schedule are reported on the accrual basis of accounting. Such expenditures are
recognized following the cost principles contained in 2 CFR 200.516(a), Cost Principles for Non-Profit Organizations,
wherein certain types of expenditures are not allowable or are limited as to reimbursement.
De Minimis Rate Used: N
Rate Explanation: During the year ended December 31, 2022, the Organization did not elect to use the 10% de minimis indirect cost rate.
No federal expenditures presented in this schedule were provided to subrecipients.