Audit 361172

Accounting Policies: NOTE 1—BASIS OF PRESENTATION The accompanying schedule of expenditures of federal and state awards (the “Schedule”) includes the federal and state award activity of Tenant Resource Center, Inc. under programs of the federal government and state agencies for the year ended December 31, 2024. The information in this Schedule is presented in accordance with the requirements of Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance), and the State Single Audit Guidelines. Because the Schedule presents only a selected portion of the operations of Tenant Resource Center, Inc., it is not intended to and does not present the financial position, changes in net assets, or cash flows of Tenant Resource Center, Inc. NOTE 2—SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Expenditures reported on Schedule are reported on the accrual basis of accounting. Such expenditures are recognized following the cost principles contained in the Uniform Guidance, wherein certain types of expenditures are not allowable or are limited as to reimbursement. De Minimis Rate Used: N Rate Explanation: The Center has elected not to use the 10% de minimis indirect cost rate allowed under the Uniform Guidance.