FAC Explorer

Audit 365563

FY End
2024-12-31
Total Expended
$2.12M
Findings
0
Programs
10
Organization: Rural Advancement Foundation International - USA (NC)
Year: 2024 Accepted: 2025-09-04
Auditor: Balance & Strategy Advisors CPAS LLP

Organization Exclusion Status:

Findings

No findings recorded

Programs

ALN Program Spent Major Findings
10.968 Increasing Land, Capital, and Market Access Program $359,541 Yes 0
10.937 Partnerships for Climate-Smart Commodities $276,833 - 0
10.902 Soil and Water Conservation $256,336 - 0
10.500 Cooperative Extension Service $153,282 - 0
10.147 Outreach Education and Technical Assistance $123,064 - 0
10.175 Farmers Market and Local Food Promotion Program $61,396 - 0
10.234 American Rescue Plan Technical Assistance Investment Program $59,276 - 0
10.163 Market Protection and Promotion $25,000 - 0
10.331 Gus Schumacher Nutrition Incentive Program $5,712 - 0
10.307 Organic Agriculture Research and Extension Initiative $2,369 - 0

Contacts

Name Title Type
Z1AXE15PHAL3 Kavita Koppa Auditee
9195421396 Deetra Watson Auditor
No contacts on file

Notes to SEFA

Title: NOTES TO SCHEDULE OF FEDERAL AWARDS Accounting Policies: The accompanying schedule of expenditures of federal awards (the Schedule) includes the federal grant activity of Rural Advancement Foundation International - USA under programs of the federal government for the year ended December 31, 2024. The information in this Schedule is presented in accordance with requirements of Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements of Federal Awards (Uniform Guidance). Expenditures reported on the Schedule are reported on the accrual basis of accounting. Such expenditures are recognized following the cost principles contained in the Uniform Guidance, wherein certain types of expenditures are not allowable or are limited as to reimbursement. Because the Schedule presents only a selected portion of the operations of Rural Advancement Foundation International - USA it is not intended and does not present the financial position, changes in net assets, or cash flows of the Rural Advancement Foundation International - USA. De Minimis Rate Used: N Rate Explanation: Rural Advancement Foundation International - USA has elected not to use the 10 percent de minimis indirect cost rate as allowed under the Uniform Guidance. The accompanying schedule of expenditures of federal awards (the Schedule) includes the federal grant activity of Rural Advancement Foundation International - USA under programs of the federal government for the year ended December 31, 2024. The information in this Schedule is presented in accordance with requirements of Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements of Federal Awards (Uniform Guidance). Expenditures reported on the Schedule are reported on the accrual basis of accounting. Such expenditures are recognized following the cost principles contained in the Uniform Guidance, wherein certain types of expenditures are not allowable or are limited as to reimbursement. Because the Schedule presents only a selected portion of the operations of Rural Advancement Foundation International - USA it is not intended and does not present the financial position, changes in net assets, or cash flows of the Rural Advancement Foundation International - USA.
Title: NOTES TO SCHEDULE OF FEDERAL AWARDS Accounting Policies: The accompanying schedule of expenditures of federal awards (the Schedule) includes the federal grant activity of Rural Advancement Foundation International - USA under programs of the federal government for the year ended December 31, 2024. The information in this Schedule is presented in accordance with requirements of Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements of Federal Awards (Uniform Guidance). Expenditures reported on the Schedule are reported on the accrual basis of accounting. Such expenditures are recognized following the cost principles contained in the Uniform Guidance, wherein certain types of expenditures are not allowable or are limited as to reimbursement. Because the Schedule presents only a selected portion of the operations of Rural Advancement Foundation International - USA it is not intended and does not present the financial position, changes in net assets, or cash flows of the Rural Advancement Foundation International - USA. De Minimis Rate Used: N Rate Explanation: Rural Advancement Foundation International - USA has elected not to use the 10 percent de minimis indirect cost rate as allowed under the Uniform Guidance. Rural Advancement Foundation International - USA has elected not to use the 10 percent de minimis indirect cost rate as allowed under the Uniform Guidance.