FAC Explorer

Audit 343742

FY End
2024-05-31
Total Expended
$9.06M
Findings
0
Programs
8
Organization: Mars Hill University (NC)
Year: 2024 Accepted: 2025-02-25
Auditor: Brown Edwards

Organization Exclusion Status:

Findings

No findings recorded

Programs

ALN Program Spent Major Findings
84.268 Federal Direct Student Loans $5.38M Yes 0
84.263 Innovative Rehabilitation Training $2.58M Yes 0
84.042 Trio Student Support Services $289,207 - 0
84.033 Federal Work-Study Program $197,766 Yes 0
21.019 Coronavirus Relief Fund $163,399 - 0
84.031 Higher Education Institutional Aid $154,049 - 0
45.130 Promotion of the Humanities Challenge Grants $153,355 - 0
84.007 Federal Supplemental Educational Opportunity Grants $140,368 Yes 0

Contacts

Name Title Type
W55XRMFBG6N7 Chase Ammons Auditee
8286891568 John Hash Auditor
No contacts on file

Notes to SEFA

Accounting Policies: Federal and state revenues and expenses are tracked separately in the accounting system and are monitored throughout the year for proper compliance with regulations. The segregated expenses at the end of the fiscal year are evaluated by management for completeness and are used to prepare the SEFA De Minimis Rate Used: N Rate Explanation: The auditee did not use the de minimis rate.