FAC Explorer

Audit 325492

FY End
2024-06-30
Total Expended
$994,456
Findings
2
Programs
6
Organization: Global Learning Public Charter School (MA)
Year: 2024 Accepted: 2024-10-22
Auditor: Lynch Marini & Associates INC

Organization Exclusion Status:

Findings

ID Ref Severity Repeat Requirement
503329 2024-002 Significant Deficiency Yes P
1079771 2024-002 Significant Deficiency Yes P

Programs

ALN Program Spent Major Findings
10.555 National School Lunch Program $329,851 - 0
84.010 Title I Grants to Local Educational Agencies $283,131 Yes 1
84.425 Education Stabilization Fund $162,109 - 0
84.424 Student Support and Academic Enrichment Program $28,300 - 0
84.367 Supporting Effective Instruction State Grants (formerly Improving Teacher Quality State Grants) $24,172 - 0
84.027 Special Education Grants to States $7,829 - 0

Contacts

Name Title Type
KCCUL6GJ8LN3 Stephen Furtado JR Auditee
5089914105 Grady Connor Auditor
No contacts on file

Notes to SEFA

Title: NOTE 1: BASIS OF PRESENTATION Accounting Policies: Accounting policies and financial reporting practices permitted for municipalities in Massachusetts are prescribed by the Uniform Municipal Accounting System (UMAS) promulgated by the Commonwealth of Massachusetts Department of Revenue. Expenditures reported on the Schedule are reported on the modified accrual basis of accounting. Such expenditures are recognized following cost principles contained in the Uniform Guidance, wherein certain types of expenditures are not allowable or are limited as to reimbursement. The information included in the Schedule may not fully agree with other federal award reports the School submits to federal awarding or pass-through entities. De Minimis Rate Used: N Rate Explanation: The School has not elected to use the 10% de minimis indirect cost rate as allowed under the Uniform Guidance. The Global Learning Charter Public School (the School, Primary Government) was established February 28, 2006 by the Commonwealth of Massachusetts under Chapter 71 Section 89 of the General Laws of Massachusetts. The School operates under a charter approved by the Commonwealth of Massachusetts’ Department of Elementary and Secondary Education (DESE) in five-year increments. The School offers children in the City of New Bedford and surrounding communities in grades five through twelve a public supported academic based education. All operations related to the School's federal grant programs are included in the scope of the OMB Uniform Guidance, and relate solely to the Primary Government. The U.S. Department of Education has been designated as the School’s oversight agency for purposes of the audit. The accompanying schedule of expenditures of federal awards (the Schedule) includes the federal award activity of the Global Learning Charter Public School for the year ended June 30, 2024. The information in the Schedule is presented in accordance with the requirements of Title 2 U.S. Code of Federal Regulations (CFR), Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance). Because the Schedule presents only a selected portion of the operations of the School it is not intended to and does not present the financial position, or changes in the financial position of the School.
Title: NOTE 2: SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Accounting Policies: Accounting policies and financial reporting practices permitted for municipalities in Massachusetts are prescribed by the Uniform Municipal Accounting System (UMAS) promulgated by the Commonwealth of Massachusetts Department of Revenue. Expenditures reported on the Schedule are reported on the modified accrual basis of accounting. Such expenditures are recognized following cost principles contained in the Uniform Guidance, wherein certain types of expenditures are not allowable or are limited as to reimbursement. The information included in the Schedule may not fully agree with other federal award reports the School submits to federal awarding or pass-through entities. De Minimis Rate Used: N Rate Explanation: The School has not elected to use the 10% de minimis indirect cost rate as allowed under the Uniform Guidance. Accounting policies and financial reporting practices permitted for municipalities in Massachusetts are prescribed by the Uniform Municipal Accounting System (UMAS) promulgated by the Commonwealth of Massachusetts Department of Revenue. Expenditures reported on the Schedule are reported on the modified accrual basis of accounting. Such expenditures are recognized following cost principles contained in the Uniform Guidance, wherein certain types of expenditures are not allowable or are limited as to reimbursement. The information included in the Schedule may not fully agree with other federal award reports the School submits to federal awarding or pass-through entities.
Title: NOTE 3: INDIRECT COST RATE Accounting Policies: Accounting policies and financial reporting practices permitted for municipalities in Massachusetts are prescribed by the Uniform Municipal Accounting System (UMAS) promulgated by the Commonwealth of Massachusetts Department of Revenue. Expenditures reported on the Schedule are reported on the modified accrual basis of accounting. Such expenditures are recognized following cost principles contained in the Uniform Guidance, wherein certain types of expenditures are not allowable or are limited as to reimbursement. The information included in the Schedule may not fully agree with other federal award reports the School submits to federal awarding or pass-through entities. De Minimis Rate Used: N Rate Explanation: The School has not elected to use the 10% de minimis indirect cost rate as allowed under the Uniform Guidance. he School has not elected to use the 10% de minimis indirect cost rate as allowed under the Uniform Guidance.
Title: NOTE 4: CASH AND NONCASH ASSISTANCE Accounting Policies: Accounting policies and financial reporting practices permitted for municipalities in Massachusetts are prescribed by the Uniform Municipal Accounting System (UMAS) promulgated by the Commonwealth of Massachusetts Department of Revenue. Expenditures reported on the Schedule are reported on the modified accrual basis of accounting. Such expenditures are recognized following cost principles contained in the Uniform Guidance, wherein certain types of expenditures are not allowable or are limited as to reimbursement. The information included in the Schedule may not fully agree with other federal award reports the School submits to federal awarding or pass-through entities. De Minimis Rate Used: N Rate Explanation: The School has not elected to use the 10% de minimis indirect cost rate as allowed under the Uniform Guidance. he School has not elected to use the 10% de minimis indirect cost rate as allowed under the Uniform Guidance.
Title: NOTE 5: SUBRECIPIENT PASS-THROUGH AWARDS Accounting Policies: Accounting policies and financial reporting practices permitted for municipalities in Massachusetts are prescribed by the Uniform Municipal Accounting System (UMAS) promulgated by the Commonwealth of Massachusetts Department of Revenue. Expenditures reported on the Schedule are reported on the modified accrual basis of accounting. Such expenditures are recognized following cost principles contained in the Uniform Guidance, wherein certain types of expenditures are not allowable or are limited as to reimbursement. The information included in the Schedule may not fully agree with other federal award reports the School submits to federal awarding or pass-through entities. De Minimis Rate Used: N Rate Explanation: The School has not elected to use the 10% de minimis indirect cost rate as allowed under the Uniform Guidance. The School did not have any subrecipients for the year ended June 30, 2024.
Title: NOTE 6: COVID-19 PANDEMIC RELATED FINDING Accounting Policies: Accounting policies and financial reporting practices permitted for municipalities in Massachusetts are prescribed by the Uniform Municipal Accounting System (UMAS) promulgated by the Commonwealth of Massachusetts Department of Revenue. Expenditures reported on the Schedule are reported on the modified accrual basis of accounting. Such expenditures are recognized following cost principles contained in the Uniform Guidance, wherein certain types of expenditures are not allowable or are limited as to reimbursement. The information included in the Schedule may not fully agree with other federal award reports the School submits to federal awarding or pass-through entities. De Minimis Rate Used: N Rate Explanation: The School has not elected to use the 10% de minimis indirect cost rate as allowed under the Uniform Guidance. Programs identified in the accompanying Schedule of Expenditures of Federal Awards which have been funded pursuant to federal legislation as a result of the coronavirus pandemic have been specifically indicated with the prefix- COVID-19.

Finding Details

Finding 2024-002
Condition, criteria and perspective information: While based upon our audit procedures performed in the current year associated with the major program, the School complied in with the requirements, more formalized documentation of how the School addressed specific compliance requirements (both within the grant documents itself and the federal compliance supplement) prior to the end of the year. The School should ensure all personnel have evaluated the School’s grant requirements upon awarding of the grant and documented the School’s internal control processes for ensuring compliance, with grant documents, School established policies and procedures, and OMB requirements. This provides the School the ability to ensure compliance with such requirements in a timely manner. Effect or potential effect: Compliance with a requirement may not be met. Cause: Established policies and procedures should provide for additional enhancements and detailed documentation thereof, as to how the School has met the specific compliance requirements of each grant on an annual basis. Questioned cost: Not applicable - None. Identification as a repeat finding: This is a similar finding as reported in the immediate prior year (2023-002); as indicated above, the School continues to address has addressed certain corrective action toward. Auditor’s recommendations: We recommend management continue to review adopted policies and procedures surrounding federal award programs and compliance thereto, be enhanced by additional review to OMB Uniform Guidance and the Compliance Supplement to further delineate and document the School’s compliance with the specific compliance requirements of each federal award program the School receives annually.
Finding 2024-002
Condition, criteria and perspective information: While based upon our audit procedures performed in the current year associated with the major program, the School complied in with the requirements, more formalized documentation of how the School addressed specific compliance requirements (both within the grant documents itself and the federal compliance supplement) prior to the end of the year. The School should ensure all personnel have evaluated the School’s grant requirements upon awarding of the grant and documented the School’s internal control processes for ensuring compliance, with grant documents, School established policies and procedures, and OMB requirements. This provides the School the ability to ensure compliance with such requirements in a timely manner. Effect or potential effect: Compliance with a requirement may not be met. Cause: Established policies and procedures should provide for additional enhancements and detailed documentation thereof, as to how the School has met the specific compliance requirements of each grant on an annual basis. Questioned cost: Not applicable - None. Identification as a repeat finding: This is a similar finding as reported in the immediate prior year (2023-002); as indicated above, the School continues to address has addressed certain corrective action toward. Auditor’s recommendations: We recommend management continue to review adopted policies and procedures surrounding federal award programs and compliance thereto, be enhanced by additional review to OMB Uniform Guidance and the Compliance Supplement to further delineate and document the School’s compliance with the specific compliance requirements of each federal award program the School receives annually.