FAC Explorer

Audit 322349

FY End
2023-12-31
Total Expended
$2.12M
Findings
0
Programs
6
Organization: Headwaters Resource, Conservation and Development Area, INC (MT)
Year: 2023 Accepted: 2024-09-30
Auditor: Newland and Company

Organization Exclusion Status:

Findings

No findings recorded

Programs

ALN Program Spent Major Findings
10.767 Intermediary Relending Program $1.49M Yes 0
11.307 Economic Adjustment Assistance $458,215 - 0
10.351 Rural Business Development Grant $83,672 - 0
11.302 Economic Development Support for Planning Organizations $70,000 - 0
10.575 Farm to School Grant Program $10,540 - 0
66.818 Brownfields Multipurpose, Assessment, Revolving Loan Fund, and Cleanup Cooperative Agreements $5,000 - 0

Contacts

Name Title Type
QPYE325YRQ47 Kelly Sullivan Auditee
4067234349 Patrick Burt Auditor
No contacts on file

Notes to SEFA

Title: Basis of Presentation Accounting Policies: The following information can be found on (PDF) page 30 of the Attached Audit Report. The accompanying scheduel of expenditures of federal awards includes the federal grant activity of HRCD and is presented on the accrual basis of accounting. The information in this schedule is presented in accordance with the requirments of Title 2 U.S. Code of Federal Regulations (CFR) Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards. Threfore, some amounts presented in this schedule may differ from amounts presented in, or used in the preparation of, the basic financial statements. De Minimis Rate Used: N Rate Explanation: The organization has not elected to use the de minimis ten percent indirect cost rate. The following information can be found on (PDF) page 30 of the Attached Audit Report. The accompanying scheduel of expenditures of federal awards includes the federal grant activity of HRCD and is presented on the accrual basis of accounting. The information in this schedule is presented in accordance with the requirments of Title 2 U.S. Code of Federal Regulations (CFR) Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards. Threfore, some amounts presented in this schedule may differ from amounts presented in, or used in the preparation of, the basic financial statements.