Audit 31272

FY End
2022-06-30
Total Expended
$2.23M
Findings
0
Programs
8
Year: 2022 Accepted: 2023-01-18

Organization Exclusion Status:

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Findings

No findings recorded

Contacts

Name Title Type
P3R5U2JZKAK9 Charmaine Davis Auditee
5043043960 Laurence Holmes Auditor
No contacts on file

Notes to SEFA

Accounting Policies: a. GeneralThe accompanying Schedule of Expenditures of Federal Awards presents the activity of all federal awards of Advocates for Arts-Based Education Corporation d/b/a Lusher Charter School (the School). The Schools reporting entity is defined in Note 1 to the financial statements for the year ended June 30, 2022. All federal awards received directly from federal agencies are included on the schedule, as well as federal awards passed-through other government agencies.b. Basis of AccountingThe accompanying Schedule of Expenditures of Federal Awards is presented using the accrual basis of accounting, which is described in Note 1 to the Schools financial statements for the year ended June 30, 2022. De Minimis Rate Used: N Rate Explanation: The auditee did not use the de minimis cost rate.