Title: Notes to Schedule of Expenditures of Federal Awards
Accounting Policies: Expenditures reported on the Schedule are reported on the accrual basis of accounting. Such expenditures are recognized following the cost principles contained in the Uniform Guidance, wherein certain types of expenditures are not allowable or are limited as to reimbursement.
De Minimis Rate Used: N
Rate Explanation: N/A
Note 1 - Basis of Presentation:
The accompanying schedule of expenditures of federal awards (the Schedule) includes the
federal award activity of the Charter School under programs of the federal government for the
year ended June 30, 2024. The information in this Schedule is presented in accordance with
the requirements of Title 2 U.S. Code of Federal Regulations 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
Charter School, it is not intended to and does not present the financial position, changes in
net assets, or cash flows of the Charter School.
Note 2 - Summary of Significant Accounting Policies:
Expenditures reported on the Schedule are reported on the accrual basis of accounting. Such
expenditures are recognized following the cost principles contained in the Uniform Guidance,
wherein certain types of expenditures are not allowable or are limited as to reimbursement.
The Charter School has elected not to use the 10 percent de minimis indirect cost rate as
allowed under the Uniform Guidance.
Note 3 - Food Commodities:
Nonmonetary assistance is reported in the Schedule at the fair market value of the commodities
received and disbursed.
Note 4 - Pass-Through Funds:
The Charter School did not pass through any federal funds to subrecipients.
Note 5 - Major Program Selection:
The major Federal Award Program selected for testing is as follows:
U.S. Department of Education
- Education Stabilization Fund
Coronavirus Aid, Relief, and Economic Security Act – ARP Homeless II
Coronavirus Aid, Relief, and Economic Security Act - ESSER II
Coronavirus Aid, Relief, and Economic Security Act - ESSER III
The requirements of the Office of Management and Budget Uniform Guidance prescribe that
all major programs as determined by the auditor on a risk-based approach and/or at least 40%
(20% for low risk auditees) of all federal awards be subject to specific control and compliance
testing. For Bridges Public Charter School, the program subject to these requirements is as
listed above. The total expenditures of this program represent 36.64% of the total federal
expenditures.
Amount of
Programs ALN Expenditures
Special Education - Grants to States (IDEA, Part B, Section 611) 84.027A $ 90,027
Special Education - Preschool Grants to States
(IDEA, Part B, Section 619) 84.173A 3,008
Title I, Part A - Basic Grants to Local Education Agencies 84.010A 201,264
Title II, Part A - Improving Teacher Quality Grants 84.367A 33,434
Title III, Part A - English Language Acquisition 84.365A 29,331
Title IV, Part A - Student Support and Academic Enrichment Grants 84.424A 15,642
Coronavirus Aid, Relief, and Economic Security Act
- ESSER II and III 84.425D 422,219*
Coronavirus Aid, Relief, and Economic Security Act
- ARP Homeless II 84.425W 4,383*
DC Opportunity Scholarship Program 84.370C 96,654
National Oceanic and Atmospheric Administration
Chesapeake Bay Studies 11.457 3,120
Emergency Connectivity Fund 32.009 947
School Breakfast Program 10.553 68,818
National School Lunch and Snack Programs and
Donated Commodities 10.555 183,354
Fresh Fruits and Vegetable Program 10.582 11,969
Total Federal Awards $ 1,164,170
* Denotes Major Program
Note 6 - Major Program Disclosure:
I. U.S. Department of Education
1) Education Stabilization Fund
Coronavirus Aid, Relief, and Economic Security Act - ESSER II
The objectives of the ESSER II Funds are to provide state educational agencies (SEAs)
and local educational agencies (LEAs), including charter schools that are LEAs, with
emergency relief funds to address the impact that COVID-19 has had, and continues to
have, on elementary and secondary schools across the nation.
Coronavirus Aid, Relief, and Economic Security Act - ESSER III
The objective of the ESSER III Fund is to provide state educational agencies (SEAs)
and local educational agencies (LEAs) with emergency relief funds to help schools
return safely to in-person instruction, maximize in-person instructional time, sustain
the safe operation of schools, and address the academic, social, emotional, and mental
health impacts of the COVID-19 pandemic on the nation’s students.
American Rescue Plan - Homeless II
State educational agencies and local educational agencies (LEAs) must use ARP-HCY
funds to identify homeless children and youth, to provide homeless children and youth
with wrap-around services to address the challenges of COVID-19, and to enable
homeless children and youth to attend school and fully participate in school activities.