FAC Explorer

Audit 329993

FY End
2024-06-30
Total Expended
$2.88M
Findings
4
Programs
6
Organization: Academic Leadership Charter School (NY)
Year: 2024 Accepted: 2024-11-26
Auditor: Ncheng LLP

Organization Exclusion Status:

Findings

ID Ref Severity Repeat Requirement
512227 2024-002 Significant Deficiency - L
512228 2024-002 Significant Deficiency - L
1088669 2024-002 Significant Deficiency - L
1088670 2024-002 Significant Deficiency - L

Programs

ALN Program Spent Major Findings
84.425 Covid-19 American Rescue Plan - Elementary and Secondary School Emergency Relief (arp Esser) $2.00M Yes 1
84.010 Title I Grants to Local Educational Agencies $365,829 - 0
84.282 Title Iv, Grants to Charter Management Organizations for the Replication and Expansion of High-Quality Charter Schools $292,591 - 0
84.425 Covid-19 Elementary and Secondary School Emergency Relief (esser Ii) Fund $175,537 Yes 1
84.367 Title Ii, Part A Supporting Effective Instruction State Grants $28,701 - 0
84.424 Title Iv, Grants to Student Support and Academic Enrichment $15,059 - 0

Contacts

Name Title Type
LJEZUDRRMKV3 Norma Hurwitz Auditee
7185854215 Miaoling Lin Auditor
No contacts on file

Notes to SEFA

Accounting Policies: The accompanying schedule of expenditures of federal awards is presented using the accrual basis of accounting. The information in this Schedule is presented in accordance with the requirements of Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards. The amounts reported as expenditures in this Schedule may differ from certain financial reports submitted to federal funding agencies, due to those reports being submitted on either the cash or modified cash basis of accounting. De Minimis Rate Used: N Rate Explanation: The auditee has elected not to use the 10% de minimis indirect cost rate allowed under the Uniform Guidance.

Finding Details

Finding 2024-002
Finding No. 2024-002 - Late filing for revised final expenditure report Criteria: The revised final expenditure report for Elementary and Secondary School Emergency Relief Fund (ESSER II) should be filed timely. Condition: The revised final expenditure report and related supporting documents were not completed by due date. Cause: The School’s finance department and grant consultants needed more time to analyze and reconcile the grant. The revised final expenditures report and related supporting documents were not completed by due date. Effect: The School could not receive the reimbursement of $476,299 for the eligible expenses. Recommendation: We recommend that major government grant be analyzed and reconciled on a regular basis (at least quarterly) throughout the fiscal year. Questioned costs: N/A Views of Responsible Officials: The School’s management agrees with this finding.
Finding 2024-002
Finding No. 2024-002 - Late filing for revised final expenditure report Criteria: The revised final expenditure report for Elementary and Secondary School Emergency Relief Fund (ESSER II) should be filed timely. Condition: The revised final expenditure report and related supporting documents were not completed by due date. Cause: The School’s finance department and grant consultants needed more time to analyze and reconcile the grant. The revised final expenditures report and related supporting documents were not completed by due date. Effect: The School could not receive the reimbursement of $476,299 for the eligible expenses. Recommendation: We recommend that major government grant be analyzed and reconciled on a regular basis (at least quarterly) throughout the fiscal year. Questioned costs: N/A Views of Responsible Officials: The School’s management agrees with this finding.
Finding 2024-002
Finding No. 2024-002 - Late filing for revised final expenditure report Criteria: The revised final expenditure report for Elementary and Secondary School Emergency Relief Fund (ESSER II) should be filed timely. Condition: The revised final expenditure report and related supporting documents were not completed by due date. Cause: The School’s finance department and grant consultants needed more time to analyze and reconcile the grant. The revised final expenditures report and related supporting documents were not completed by due date. Effect: The School could not receive the reimbursement of $476,299 for the eligible expenses. Recommendation: We recommend that major government grant be analyzed and reconciled on a regular basis (at least quarterly) throughout the fiscal year. Questioned costs: N/A Views of Responsible Officials: The School’s management agrees with this finding.
Finding 2024-002
Finding No. 2024-002 - Late filing for revised final expenditure report Criteria: The revised final expenditure report for Elementary and Secondary School Emergency Relief Fund (ESSER II) should be filed timely. Condition: The revised final expenditure report and related supporting documents were not completed by due date. Cause: The School’s finance department and grant consultants needed more time to analyze and reconcile the grant. The revised final expenditures report and related supporting documents were not completed by due date. Effect: The School could not receive the reimbursement of $476,299 for the eligible expenses. Recommendation: We recommend that major government grant be analyzed and reconciled on a regular basis (at least quarterly) throughout the fiscal year. Questioned costs: N/A Views of Responsible Officials: The School’s management agrees with this finding.