FAC Explorer

Audit 363091

FY End
2025-03-31
Total Expended
$1.17M
Findings
0
Programs
2
Organization: St. Theresa's, Inc. (LA)
Year: 2025 Accepted: 2025-07-27
Auditor: Darnall Sikes and Frederick CPAS

Organization Exclusion Status:

Findings

No findings recorded

Programs

ALN Program Spent Major Findings
14.157 Supportive Housing for the Elderly $1.06M Yes 0
14.195 Section 8 Housing Assistance Payments Program $111,315 - 0

Contacts

Name Title Type
FUACDHMBA8N4 Angie Daigle Auditee
3372615811 Christine Dunn Auditor
No contacts on file

Notes to SEFA

Title: CAPITAL ADVANCE Accounting Policies: BASIS OF PRESENTATION: The accompaning schedule of expenditures of federal awards includes the federal grant activity of St. Theresa's Inc. and is presented on the accrual basis of accounting. The information in this schedule is presented in accordance with the requirements of the Uniform Guidance. De Minimis Rate Used: N Rate Explanation: The elected not to use the de minimis rate Included in federal expenditures is a $1,059,503 capital advance outstanding balance at March 31, 2025. See Note G to the financial statement for more details.
Title: INDIRECT COST RATE Accounting Policies: BASIS OF PRESENTATION: The accompaning schedule of expenditures of federal awards includes the federal grant activity of St. Theresa's Inc. and is presented on the accrual basis of accounting. The information in this schedule is presented in accordance with the requirements of the Uniform Guidance. De Minimis Rate Used: N Rate Explanation: The elected not to use the de minimis rate St. Theresa's, Inc. has elected not to use the 10% de minimis cost rate.