Audit 362340

Title: BASIS OF PRESENTATION Accounting Policies: Expenditures reported on the schedule are reported using 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. The amounts reported in the schedule as expenditures may differ from certain financial reports submitted to federal funding agencies due to those reports being submitted on either a cash or modified accrual basis of accounting. Federal program expenditures are generally reported on the consolidated statement of functional expenses as program services. In certain programs, the expenditures reported in the consolidated financial statements may differ from the expenditures reported in the schedule due to certain reports being prepared prior to fiscal year end close adjustments or prepared on the cash basis of accounting, capitalization of assets, or expenditures in excess of the contract budgets which are not allowable. De Minimis Rate Used: N Rate Explanation: The Organization has a federally negotiated indirect cost rate. In connection with its ongoing relationship with the United States Agency for International Development and regulatory provisions for its negotiated indirect cost rate agreement, the Organization has finalized rates through 2019 and has been given provisional rates for 2020 and onward until amended. Provisional rates provided by the government are charged to the grants and adjusted in the period after the final rate is determined. The Organization has not elected to use the 10% de minimis cost rate allowed under the Uniform Guidance. The accompanying schedule of expenditures of federal awards (the “schedule”) includes the federal award activity of Rainforest Alliance, Inc. and Subsidiaries (the “Organization”) under programs of the federal government 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”). Because the schedule presents only a selected portion of the operations of the Organization, it is not intended to and does not present the consolidated financial position, changes in net assets, or cash flows of the Organization.

Title: Summary of Significant accounting policies Accounting Policies: Expenditures reported on the schedule are reported using 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. The amounts reported in the schedule as expenditures may differ from certain financial reports submitted to federal funding agencies due to those reports being submitted on either a cash or modified accrual basis of accounting. Federal program expenditures are generally reported on the consolidated statement of functional expenses as program services. In certain programs, the expenditures reported in the consolidated financial statements may differ from the expenditures reported in the schedule due to certain reports being prepared prior to fiscal year end close adjustments or prepared on the cash basis of accounting, capitalization of assets, or expenditures in excess of the contract budgets which are not allowable. De Minimis Rate Used: N Rate Explanation: The Organization has a federally negotiated indirect cost rate. In connection with its ongoing relationship with the United States Agency for International Development and regulatory provisions for its negotiated indirect cost rate agreement, the Organization has finalized rates through 2019 and has been given provisional rates for 2020 and onward until amended. Provisional rates provided by the government are charged to the grants and adjusted in the period after the final rate is determined. The Organization has not elected to use the 10% de minimis cost rate allowed under the Uniform Guidance. Expenditures reported on the schedule are reported using 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. The amounts reported in the schedule as expenditures may differ from certain financial reports submitted to federal funding agencies due to those reports being submitted on either a cash or modified accrual basis of accounting. Federal program expenditures are generally reported on the consolidated statement of functional expenses as program services. In certain programs, the expenditures reported in the consolidated financial statements may differ from the expenditures reported in the schedule due to certain reports being prepared prior to fiscal year end close adjustments or prepared on the cash basis of accounting, capitalization of assets, or expenditures in excess of the contract budgets which are not allowable.

Title: Indirect cost rate Accounting Policies: Expenditures reported on the schedule are reported using 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. The amounts reported in the schedule as expenditures may differ from certain financial reports submitted to federal funding agencies due to those reports being submitted on either a cash or modified accrual basis of accounting. Federal program expenditures are generally reported on the consolidated statement of functional expenses as program services. In certain programs, the expenditures reported in the consolidated financial statements may differ from the expenditures reported in the schedule due to certain reports being prepared prior to fiscal year end close adjustments or prepared on the cash basis of accounting, capitalization of assets, or expenditures in excess of the contract budgets which are not allowable. De Minimis Rate Used: N Rate Explanation: The Organization has a federally negotiated indirect cost rate. In connection with its ongoing relationship with the United States Agency for International Development and regulatory provisions for its negotiated indirect cost rate agreement, the Organization has finalized rates through 2019 and has been given provisional rates for 2020 and onward until amended. Provisional rates provided by the government are charged to the grants and adjusted in the period after the final rate is determined. The Organization has not elected to use the 10% de minimis cost rate allowed under the Uniform Guidance. The Organization has a federally negotiated indirect cost rate. In connection with its ongoing relationship with the United States Agency for International Development and regulatory provisions for its negotiated indirect cost rate agreement, the Organization has finalized rates through 2019 and has been given provisional rates for 2020 and onward until amended. Provisional rates provided by the government are charged to the grants and adjusted in the period after the final rate is determined. The Organization has not elected to use the 10% de minimis cost rate allowed under the Uniform Guidance.