FAC Explorer

Audit 338380

FY End
2024-06-30
Total Expended
$2.37M
Findings
0
Programs
6
Organization: International School of Louisiana (LA)
Year: 2024 Accepted: 2025-01-16
Auditor: Carr Riggs & Ingram

Organization Exclusion Status:

Findings

No findings recorded

Programs

ALN Program Spent Major Findings
84.425 Covid-19 Education Stabilization Fund $1.22M Yes 0
10.555 National School Lunch Program $476,967 - 0
84.010 Title I Grants to Local Educational Agencies $408,180 - 0
84.027 Special Education Grants to States $176,729 - 0
84.367 Supporting Effective Instruction State Grants (formerly Improving Teacher Quality State Grants) $62,508 - 0
84.424 Student Support and Academic Enrichment Program $25,076 - 0

Contacts

Name Title Type
Z8HSHFLNK6H8 Susan Chapman Auditee
5049408264 Amy Verberne Auditor
No contacts on file

Notes to SEFA

Title: Note 3: LOAN Accounting Policies: Basis of Presentation – This schedule includes the activity of International School of Louisiana (the School) (a nonprofit organization) and is presented on the accrual basis of accounting. 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). De Minimis Rate Used: N Rate Explanation: The School has not elected to use the 10% de minimis indirect rate allowed under the Uniform Guidance. The School did not expend federal awards related to loans or loan guarantees during the year.
Title: Note 4: FEDERALLY FUNDED INSURANCE Accounting Policies: Basis of Presentation – This schedule includes the activity of International School of Louisiana (the School) (a nonprofit organization) and is presented on the accrual basis of accounting. 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). De Minimis Rate Used: N Rate Explanation: The School has not elected to use the 10% de minimis indirect rate allowed under the Uniform Guidance. The School has no federally funded insurance.
Title: Note 5: NONCASH ASSISTANCE Accounting Policies: Basis of Presentation – This schedule includes the activity of International School of Louisiana (the School) (a nonprofit organization) and is presented on the accrual basis of accounting. 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). De Minimis Rate Used: N Rate Explanation: The School has not elected to use the 10% de minimis indirect rate allowed under the Uniform Guidance. The School did not receive any federal noncash assistance for the fiscal year ended June 30, 2024.