FAC Explorer

Audit 27456

FY End
2022-06-30
Total Expended
$3.57M
Findings
0
Programs
9
Organization: Willow Springs R-IV School District (MO)
Year: 2022 Accepted: 2023-03-23
Auditor: Thomas & CO PC

Organization Exclusion Status:

Findings

No findings recorded

Programs

ALN Program Spent Major Findings
84.010 Title I Grants to Local Educational Agencies $269,756 Yes 0
84.425 Education Stabilization Fund $207,434 Yes 0
10.553 School Breakfast Program $142,506 - 0
10.555 National School Lunch Program $49,669 - 0
10.565 Commodity Supplemental Food Program $41,644 - 0
84.358 Rural Education $30,650 - 0
10.559 Summer Food Service Program for Children $29,939 - 0
84.173 Special Education_preschool Grants $12,800 - 0
84.027 Special Education_grants to States $872 - 0

Contacts

Name Title Type
CUNMPNUJFQV4 Marty Spence Auditee
4174693260 James Thomas Auditor
No contacts on file

Notes to SEFA

Title: NONCASH EXPENDITURES Accounting Policies: BASIS OF PRESENTATION The Schedule of Expenditure of Federal Awards of Willow Springs R-IV School District is presented using the modified cash basis of accounting. This is the same basis of accounting used in preparing Willow Springs R-IV School District's financial statements. The expenditures reported in the Schedule of Expenditures of Federal Awards represent only the federal funded portion of the program. De Minimis Rate Used: N Rate Explanation: The auditee did not use the de minimis cost rate. The Schedule of Expenditures of Federal Awards includes noncash expenditures of the Commodity Supplemental Food Program. The program expenditures have been presented at fair market value of commodities received during the fiscal year.
Title: PROGRAM TYPES Accounting Policies: BASIS OF PRESENTATION The Schedule of Expenditure of Federal Awards of Willow Springs R-IV School District is presented using the modified cash basis of accounting. This is the same basis of accounting used in preparing Willow Springs R-IV School District's financial statements. The expenditures reported in the Schedule of Expenditures of Federal Awards represent only the federal funded portion of the program. De Minimis Rate Used: N Rate Explanation: The auditee did not use the de minimis cost rate. Each program, including clusters of programs, with expenditures in excess of $750,000 are considered Type A programs. Those with expenditures of less than $750,000 are considered Type B programs.
Title: SUBRECIPIENTS Accounting Policies: BASIS OF PRESENTATION The Schedule of Expenditure of Federal Awards of Willow Springs R-IV School District is presented using the modified cash basis of accounting. This is the same basis of accounting used in preparing Willow Springs R-IV School District's financial statements. The expenditures reported in the Schedule of Expenditures of Federal Awards represent only the federal funded portion of the program. De Minimis Rate Used: N Rate Explanation: The auditee did not use the de minimis cost rate. The District did not provide funds to subrecipients during this fiscal yaer.