FAC Explorer

Audit 36084

FY End
2022-06-30
Total Expended
$848,164
Findings
0
Programs
6
Organization: Technical College of the Rockies (CO)
Year: 2022 Accepted: 2023-03-28
Auditor: Chadwick Steinkirchner Davis & CO PC

Organization Exclusion Status:

Findings

No findings recorded

Programs

ALN Program Spent Major Findings
84.063 Federal Pell Grant Program $231,389 - 0
84.425 Education Stabilization Fund $159,357 Yes 0
84.048 Career and Technical Education -- Basic Grants to States $134,183 - 0
84.268 Federal Direct Student Loans $38,357 - 0
84.007 Federal Supplemental Educational Opportunity Grants $5,500 - 0
84.033 Federal Work-Study Program $3,250 - 0

Contacts

Name Title Type
N83QCQH75911 Michael Madden Auditee
9708744438 Lisa Hemann Auditor
No contacts on file

Notes to SEFA

Accounting Policies: NOTE A GENERALThe accompanying schedule of expenditures of federal awards includes the amount of federalgrants expended by Technical College of the Rockies, during the year ended June 30, 2022. Theinformation in the 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. Therefore, some amounts presented in theschedule may differ from amounts presented in, or used in, the preparation of the basic financialstatements.NOTE B BASIS OF ACCOUNTINGThe accompanying schedule of expenditures of federal awards is presented using the accrualbasis of accounting. De Minimis Rate Used: N Rate Explanation: The auditee did not use the de minimis cost rate.