Audit 282471

FY End

2022-06-30

Total Expended

$3.82M

Findings

Programs

Organization: Beloved Community Charter School (NJ)

Year: 2022 Accepted: 2023-05-25

Auditor: Gerald D Longo CPA

Organization Exclusion Status:

Checking exclusion status...

Findings

ID	Ref	Severity	Repeat	Requirement
320668	2022-001	Significant Deficiency	-	B
320669	2022-002	-	-	B
320670	2022-003	-	-	B
320671	2022-001	Significant Deficiency	-	B
320672	2022-002	-	-	B
320673	2022-003	-	-	B
320674	2022-001	Significant Deficiency	-	B
320675	2022-002	-	-	B
320676	2022-003	-	-	B
320677	2022-001	Significant Deficiency	-	B
320678	2022-002	-	-	B
320679	2022-003	-	-	B
897110	2022-001	Significant Deficiency	-	B
897111	2022-002	-	-	B
897112	2022-003	-	-	B
897113	2022-001	Significant Deficiency	-	B
897114	2022-002	-	-	B
897115	2022-003	-	-	B
897116	2022-001	Significant Deficiency	-	B
897117	2022-002	-	-	B
897118	2022-003	-	-	B
897119	2022-001	Significant Deficiency	-	B
897120	2022-002	-	-	B
897121	2022-003	-	-	B

Programs

ALN	Program	Spent	Major	Findings
84.282	Charter Schools	$661,013	-	0
84.010	Title I Grants to Local Educational Agencies	$654,324	-	0
10.553	School Breakfast Program	$209,523	Yes	0
84.425	Education Stabilization Fund	$200,000	Yes	3
84.027	Special Education_grants to States	$175,790	-	0
84.367	Improving Teacher Quality State Grants	$101,789	-	0
10.555	National School Lunch Program	$29,612	Yes	0
84.365	English Language Acquisition State Grants	$9,784	-	0
84.173	Special Education_preschool Grants	$4,258	-	0
10.649	Pandemic Ebt Administrative Costs	$614	-	0

Contacts

Name	Title	Type
JBL2X2JND1Y7	Richard Raschdorf	Auditee
2017449775	Gerald D Longo,cpa	Auditor
No contacts on file

Notes to SEFA

Accounting Policies: The accompanying schedules are presented on the budgetary basis of accounting with the exception of programs recorded in the enterprise fund, which are presented using the accrual basis of accounting. The basis of accounting are described in Note 1 to the Charter Schools basic financial statements. The information in these schedules is presented in accordance with the requirements of Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administration Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance):and the provisions of New Jersey Department of the Treasury Circular Letter 15-08 OMB Single Audit Policy for Recipients of Federal Grants, State Grants and State Aid. Therefore, some amounts presented in the schedules may differ from amounts presented in, or used in the preparation of, the basic financial statements. De Minimis Rate Used: N Rate Explanation: The auditee did not use the de minimis cost rate.