FAC Explorer

Audit 34339

FY End
2022-09-30
Total Expended
$1.12M
Findings
0
Programs
10
Organization: Seward Association for the Advancement of Marine Science (AK)
Year: 2022 Accepted: 2023-03-29
Auditor: Kpmg LLP

Organization Exclusion Status:

Findings

No findings recorded

Programs

ALN Program Spent Major Findings
15.657 Endangered Species Conservation ? Recovery Implementation Funds $188,229 - 0
15.808 U.s. Geological Survey_ Research and Data Collection $182,166 Yes 0
11.439 Marine Mammal Data Program $96,806 Yes 0
21.027 Coronavirus State and Local Fiscal Recovery Funds $50,000 - 0
45.310 Grants to States $36,036 - 0
15.944 Natural Resource Stewardship $27,581 - 0
11.472 Unallied Science Program $16,015 Yes 0
15.945 Cooperative Research and Training Programs ? Resources of the National Park System $11,074 - 0
15.683 Prescott Marine Mammal Rescue Assistance (b) $7,292 - 0
15.945 National Park Service Conservation, Protection, Outreach, and Education $165 - 0

Contacts

Name Title Type
FN6JKHVFPPC3 Hiram Walter Young Auditee
8012001853 Beth Stuart Auditor
No contacts on file

Notes to SEFA

Accounting Policies: (1) GeneralThe accompanying schedule of expenditures of federal awards (the schedule) includes the federal awardactivity of the Seward Association for the Advancement of Marine Science (SAAMS) under programs of thefederal government for the year ended September 30, 2022. The information in this schedule is presentedin accordance with the requirements of Title 2 U.S. Code of Federal Regulations Part 200, UniformAdministrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (UniformGuidance). Because the schedule presents only a selected portion of the operations of SAAMS, it is notintended to and does not present the financial position, changes in net position, or cash flows of SAAMS.Federal awards received directly from federal agencies as well as federal awards passed through otherorganizations are included on the schedule.(2) Basis of AccountingThe schedule of expenditures of federal awards is presented using the accrual basis of accounting, whichis described in note 1 to SAAMSs financial statements. Such expenditures are recognized following thecost principles contained in the Uniform Guidance, wherein certain types of expenditures are not allowableor are limited as to reimbursement.(3) Loan ProgramsSAAMS has not entered into any federal loan programs.(4) Cost RateSAAMS has not elected to use the de minimis 10% indirect cost rate De Minimis Rate Used: N Rate Explanation: The auditee did not use the de minimis cost rate.