FAC Explorer

Audit 37693

FY End
2022-06-30
Total Expended
$3.96M
Findings
0
Programs
5
Organization: Learning Bridge Charter School (NV)
Year: 2022 Accepted: 2022-12-13
Auditor: Watkins Jackson Cpa's

Organization Exclusion Status:

Findings

No findings recorded

Programs

ALN Program Spent Major Findings
10.766 Community Facilities Loans and Grants $3.69M Yes 0
84.245 Tribally Controlled Postsecondary Career and Technical Institutions $55,300 - 0
84.027 Special Education_grants to States $17,707 - 0
84.425 Education Stabilization Fund $3,164 - 0
84.367 Improving Teacher Quality State Grants $2,762 - 0

Contacts

Name Title Type
CNUCYZY4J3T5 Hillary Giles Auditee
7752938009 Trent Jackson Auditor
No contacts on file

Notes to SEFA

Title: Loan/loan guarantee outstanding balances Accounting Policies: Expenditures reported on the schedule are reported on the accrual basis of accounting. These expendituresreported in the SEFA follow the cost principles contained in the Uniform Guidance. The cost principles indicatethe certain types of expenditures are not allowable and certain allowable costs are limited as to reimbursement.Learning Bridge Charter School has elected to use the 10 percent de minimus indirect cost rate as allowed underUniform Guidance for certain grants. De Minimis Rate Used: Y Rate Explanation: The auditee used the de minimis cost rate. COMMUNITY FACILITIES LOANS AND GRANTS (10.766) - Balances outstanding at the end of the audit period were 3688041.