Audit 38384

FY End
2022-06-30
Total Expended
$2.95M
Findings
0
Programs
5
Organization: The Academy of the New Church (PA)
Year: 2022 Accepted: 2023-03-21

Organization Exclusion Status:

Checking exclusion status...

Findings

No findings recorded

Programs

ALN Program Spent Major Findings
84.268 Federal Direct Student Loans $1.54M Yes 0
84.063 Federal Pell Grant Program $503,549 Yes 0
84.425 Education Stabilization Fund $420,000 - 0
84.007 Federal Supplemental Educational Opportunity Grants $23,500 Yes 0
84.033 Federal Work-Study Program $19,849 Yes 0

Contacts

Name Title Type
JAQ2WQR7RXR7 Duane Hyatt Auditee
2675022635 Kathy Corcoran Auditor
No contacts on file

Notes to SEFA

Accounting Policies: Expenditures reported on the schedule are reported on the accrual basis of accounting. Such expenditures are recognized following the cost principles contained in Uniform Guidance and/or 0MB Circular A-122, Cost Principles for Non-profit Organizations, wherein certain types of expenditures are not allowable or are limited as to reimbursement. De Minimis Rate Used: N Rate Explanation: The auditee did not use the de minimis cost rate.