FAC Explorer

Audit 24083

FY End
2022-06-30
Total Expended
$1.24M
Findings
0
Programs
5
Organization: Virtus Academy of South Carolina (SC)
Year: 2022 Accepted: 2023-03-30
Auditor: Martin Smith & Company CPAS

Organization Exclusion Status:

Findings

No findings recorded

Programs

ALN Program Spent Major Findings
84.425 Education Stabilization Fund $432,364 Yes 0
10.555 National School Lunch Program $357,008 - 0
84.010 Title I Grants to Local Educational Agencies $185,894 - 0
84.367 Improving Teacher Quality State Grants $12,195 - 0
84.027 Special Education_grants to States $4,749 - 0

Contacts

Name Title Type
LL3KL73EK222 Melissa Kiddy Auditee
8438814477 Ken Martin Auditor
No contacts on file

Notes to SEFA

Accounting Policies: Expenditures reported on the SEFA are reported on the modified accrual basis of accounting. Such expenditures are recognized following the cost principles contained in Uniform Guidance wherein certain types of expenditures are not allowable or are limited as to reimbursement. De Minimis Rate Used: N Rate Explanation: The auditee did not use the de minimis cost rate.