Notes to SEFA
The Global Learning Charter Public School (the School, Primary Government) was established February 28, 2006 by the Commonwealth of Massachusetts under Chapter 71 Section 89 of the General Laws of Massachusetts. The School operates under a charter approved by the Commonwealth of Massachusetts’ Department of Elementary and Secondary Education (DESE) in five-year increments. The School offers children in the City of New Bedford and surrounding communities in grades five through twelve a public supported academic based education. All operations related to the School's federal grant programs are included in the scope of the OMB Uniform Guidance, and relate solely to the Primary Government. The U.S. Department of Education has been designated as the School’s oversight agency for purposes of the audit. The accompanying schedule of expenditures of federal awards (the Schedule) includes the federal award activity of the Global Learning Charter Public School for the year ended June 30, 2025. The information in the 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). Because the Schedule presents only a selected portion of the operations of the School it is not intended to and does not present the financial position, or changes in the financial position of the School.
Accounting policies and financial reporting practices permitted for municipalities in Massachusetts are prescribed by the Uniform Municipal Accounting System (UMAS) promulgated by the Commonwealth of Massachusetts Department of Revenue. Expenditures reported on the Schedule are reported on the modified accrual basis of accounting. Such expenditures are recognized following cost principles contained in the Uniform Guidance, wherein certain types of expenditures are not allowable or are limited as to reimbursement. The information included in the Schedule may not fully agree with other federal award reports the School submits to federal awarding or pass-through entities.
The School has not elected to use the 10% de minimis indirect cost rate as allowed under the Uniform Guidance.
The School did not receive any non-cash assistance related to any federal program (including the child nutrition cluster) for the year ended June 30, 2025.
The School did not have any subrecipients for the year ended June 30, 2025.