FAC Explorer

Audit 370011

FY End
2024-12-31
Total Expended
$2.14M
Findings
0
Programs
11
Organization: Johnstown Area Regional Industries (PA)
Year: 2024 Accepted: 2025-09-30
Auditor: Wessel & Company

Organization Exclusion Status:

Findings

No findings recorded

Programs

ALN Program Spent Major Findings
59.046 Microloan Program $448,639 Yes 0
12.002 Procurement Technical Assistance for Business Firms $225,037 Yes 0
10.870 Rural Microentrepreneur Assistance Program $172,219 Yes 0
23.002 Appalachian Area Development $171,098 Yes 0
21.020 Community Development Financial Institutions Program $95,213 Yes 0
17.289 Community Project Funding/congressionally Directed Spending $92,296 Yes 0
21.027 Coronavirus State and Local Fiscal Recovery Funds $69,995 Yes 0
11.307 Economic Adjustment Assistance $55,641 Yes 0
14.228 Community Development Block Grants/state's Program and Non-Entitlement Grants in Hawaii $33,381 Yes 0
10.351 Rural Business Development Grant $9,589 Yes 0
59.077 Community Navigator Pilot Program $5,546 Yes 0

Contacts

Name Title Type
C139EKQ2NCJ5 Brenda Fike Auditee
8142628372 Meghan Freidhof Auditor
No contacts on file

Notes to SEFA

The accompanying schedule of expenditures of federal awards includes the federal grant activity of Johnstown Area Regional Industries, Inc. and Affiliates and is prepared on the accrual basis of accounting. The information in this Schedule is presented in accordance with the requirements of Title 2 U.S. Code of Federal Regulations (CFR) Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance). Therefore, some amounts presented in this Schedule may differ from amounts presented in or used in the preparation of the basis financial statements.
The Organization allocates grant revenue for certain programs based on estimated percentage received from the granting agencies during the year. However, at times the actual federal or state percentages may result in immaterial differences for several programs when comparing the current year Schedule of Expenditures of Federal Awards in Schedule I to the prior period Schedule of Expenditures of Federal Awards.
For the year ended December 31, 2024, Johnstown Area Regional Industries, Inc. and Affiliates did not elect to use the 10% de minimus indirect cost rate as allowed in the Uniform Guidance, section 414.
Johnstown Area Regional Industries, Inc. and Affiliates provided federal awards to certain subrecipients that administer the programs on behalf of Johnstown Area Regional Industries, Inc. and Affiliates as follows: Subrecipient/Program Title Federal AL Number Amount Provided Southwestern Pennsylvania Commission: APEX Accelerator 12.002 $ 159,811 Total $ 159,811
The major federal award programs selected for testing as determined by the auditor on a risk-based approach are as follows: Program Federal AL Number Expenditures Appalachian Area Development 23.002 $ 327,371 APEX Accelerator 12.002 345,071 Total federal awards selected for testing $ 672,442 Total federal program awards $ 2,138,103 Percent of total federal expenditures tested 31.45% Percent of total federal expenditures required to be tested 20.00%