The Department of Education is the current year’s oversight agency for the single audit as determined by the agency providing the largest share of the Agency’s federal financial assistance.
The final cost reports are not due until 60 days after the end of the grant period. The reports for the current year were not completed as of the date of our report. However, we reviewed the reports filed for the prior year grants and noted that they agreed with either the prior year audited figures or the prior year and current audit figures combined.
Current Payments per Grant Auditor Report $19,670,395 Add: Payments not on Grant Auditor Report passed through: Michigan Fitness Foundation $171,030 Partridge Creek Farm 10,237 Delta Schoolcraft ISD 209,896 Michigan Department of Community Health 147,060 NorthCare Network 228,678 766,901 Less: Amounts recorded as (accrued) deferred revenue at June 30, 2024: Passed through MDE (4,656,638) Michigan Fitness Foundation (65,413) Delta Schoolcraft ISD (113,103) School Readiness Consulting, LLC 3,000 NorthCare Network (50,373) (4,882,527) Add: Amounts recorded as accrued (deferred) revenue at June 30, 2025: Passed through MDE 4,423,101 Michigan Fitness Foundation 90,781 Partridge Creek Farms 8,420 Delta Schoolcraft ISD 6,366 School Readiness Consulting, LLC (3,000) NorthCare Network 45,862 4,571,530 Adjustments: Prior year grant expenditures 3,868 Rounding 1 $20,130,168 A reconciliation of expenditures on the Schedule of Expenditures of Federal Awards to federal revenue recognized in the audited financial statements is as follows: TOTAL FEDERAL SOURCES REPORTED IN FINANCIAL STATEMENTS: General Fund $16,744,210 Special Education Fund 3,387,761 Federal funding received as “beneficiary” relationship (1,802) Rounding (1) TOTAL FEDERAL AWARD EXPENDITURES REPORTED ON THE SCHEDULE OF EXPENDITURES OF FEDERAL AWARDS $20,130,168