FAC Explorer

Audit 38417

FY End
2022-06-30
Total Expended
$1.89M
Findings
0
Programs
8
Organization: Chattanooga Prep, Inc. (TN)
Year: 2022 Accepted: 2023-01-24
Auditor: Johnson Hickey and Murchison PC

Organization Exclusion Status:

Findings

No findings recorded

Programs

ALN Program Spent Major Findings
84.282 Charter Schools $500,000 - 0
84.287 Twenty-First Century Community Learning Centers $93,796 - 0
84.010 Title I Grants to Local Educational Agencies $73,270 - 0
84.425 Education Stabilization Fund $40,676 - 0
10.553 School Breakfast Program $39,445 - 0
10.555 National School Lunch Program $9,287 - 0
84.242 Title Iv, Part A: Student Support and Academic Enrichment $7,541 - 0
10.649 Pandemic Ebt Administrative Costs $614 - 0

Contacts

Name Title Type
UMW8NX5WD5Q7 Kelsey Cannon Auditee
4232697810 Sherri Anderson Auditor
No contacts on file

Notes to SEFA

Accounting Policies: Expenditures reported on the Schedule of Expenditures of Federal and State Awards are reported on the accrual basis of accounting. Such expenditures are recognized following the cost principles contained in the Uniform Guidance, wherein certain types of expenditures are not allowable or are limited to reimbursement. The School has not elected to use the 10-percent de minimis indirect cost rate allowed under the Uniform Guidance. De Minimis Rate Used: N Rate Explanation: The auditee did not use the de minimis cost rate.