FAC Explorer

Audit 325791

FY End
2024-06-30
Total Expended
$2.13M
Findings
0
Programs
9
Organization: Ambition Preparatory Charter School (MS)
Year: 2024 Accepted: 2024-10-24
Auditor: Eisneramper LLP

Organization Exclusion Status:

Findings

No findings recorded

Programs

ALN Program Spent Major Findings
84.425 Education Stabilization Fund $804,068 - 0
84.010 Title I Grants to Local Educational Agencies $551,460 Yes 0
84.215 Innovative Approaches to Literacy; Promise Neighborhoods; Full-Service Community Schools; and Congressionally Directed Spending for Elementary and Secondary Education Community Projects $113,514 - 0
84.027 Special Education Grants to States $86,692 - 0
10.582 Fresh Fruit and Vegetable Program $27,581 - 0
10.555 National School Lunch Program $25,106 - 0
32.004 Universal Service Fund - Schools and Libraries $14,068 - 0
84.424 Student Support and Academic Enrichment Program $7,013 - 0
84.367 Supporting Effective Instruction State Grants (formerly Improving Teacher Quality State Grants) $4,019 - 0

Contacts

Name Title Type
N781X4VYEJ83 Dearchie Scott Auditee
6018501798 Tommy Naquin Auditor
No contacts on file

Notes to SEFA

Title: Subrecipients Accounting Policies: The accompanying schedule of expenditures of federal awards includes the federal grant activity of Ambition Preparatory Charter School and is presented on the accrual basis of accounting. The information in this schedule is presented in accordance with the requirements of Uniform Guidance, Audits of States, Local Governments, and Non-Profit Organizations. Therefore, some amounts presented in this schedule may differ from amounts presented in, or used in the preparation of, the financial statements. De Minimis Rate Used: N Rate Explanation: During the year ended June 30, 2024, Ambition Preparatory Charter School did not elect to usethe 10% de minimus cost rate as covered in §200.414 of the Uniform Guidance. During the year ended June 30, 2024, Ambition Preparatory Charter School did not have any subrecipients.