Notes to SEFA
Nonmonetary assistance is reported in the Schedule at the fair market value of the commodities received and disbursed.
The Charter School did not pass through any federal funds to subrecipients.
The major Federal Award Program selected for testing is as follows: U.S. Department of Education - DC Opportunity Scholarship Program (SOAR) The requirements of the Office of Management and Budget Uniform Guidance requires all major programs as determined by the auditor on a risk-based approach and/or at least 40% (20% for low risk auditees) of all federal awards be subject to specific control and compliance testing. For the AppleTree Early Learning Public Charter School, the program subject to these requirements is as listed above. The total expenditures of this program represent 33.54% of the total federal expenditures.
I. U.S. Department of Education 1) DC Opportunity Scholarship Program (SOAR) The purpose of the Scholarships for Opportunity and Results (SOAR) Act grant is to improve school performance and educational outcomes and to provide facility funding in order to increase the number of high-quality public charter school seats in the District of Columbia.