FAC Explorer

Audit 12082

FY End
2023-06-30
Total Expended
$869,462
Findings
0
Programs
7
Organization: New Mexico Military Institute (NM)
Year: 2023 Accepted: 2024-01-17
Auditor: Jaramillo Accounting Group LLC

Organization Exclusion Status:

Findings

No findings recorded

Programs

ALN Program Spent Major Findings
84.063 Federal Pell Grant Program $520,348 Yes 0
12.U00 Jrotc $127,986 - 0
84.268 Federal Direct Student Loans $57,247 Yes 0
84.007 Federal Supplemental Educational Opportunity Grants $55,547 Yes 0
84.268 Stafford Unsubsidized Loan $52,859 Yes 0
84.268 Stafford Subsidized Loan $49,241 Yes 0
84.033 Federal Work-Study Program $6,234 Yes 0

Contacts

Name Title Type
KEJ4BXN6QMD7 Deana Curnutt Auditee
5056248379 Scott Eliason Auditor
No contacts on file

Notes to SEFA

Accounting Policies: The Schedule of Expenditures of Federal Awards includes the federal grant activity of New Mexico Military Institute and is presented on the modified accrual basis of accounting. 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 New Mexico Military Institute, it is not intended to and does not present the financial position, changes in net position, or cash flows of New Mexico Military Institute. De Minimis Rate Used: N Rate Explanation: None of New Mexico Military Institute’s federal award programs have been charged with indirect costs.