FAC Explorer

Audit 365050

FY End
2024-12-31
Total Expended
$2.28M
Findings
0
Programs
3
Organization: New Growth Innovation Network, INC (IL)
Year: 2024 Accepted: 2025-08-27
Auditor: Verdeja & Alvarez LLP

Organization Exclusion Status:

Findings

No findings recorded

Programs

ALN Program Spent Major Findings
11.307 Economic Adjustment Assistance $2.19M Yes 0
66.203 Environmental Finance Center Grants $52,940 - 0
47.084 Nsf Technology, Innovation, and Partnerships $32,869 - 0

Contacts

Name Title Type
UD3MGPTQT9J3 Yasmina McCarty Auditee
3053998087 Tab Verdeja Auditor
No contacts on file

Notes to SEFA

Accounting Policies: Expenditures reported on the Schedules are reported on the accrual basis of accounting. Such expenditures are recognized following, as applicable, by the cost principles contained in the Uniform Guidance wherein certain types of expenditures are not allowable or are limited as to reimbursement. De Minimis Rate Used: Y Rate Explanation: The Organization has elected to use the ten percent de minimus indirect cost rate allowed under the Uniform Guidance.