FAC Explorer

Audit 384581

FY End
2025-06-30
Total Expended
$3.43M
Findings
1
Programs
8
Organization: Spoon River College District No. 534 (IL)
Year: 2025 Accepted: 2026-01-30
Auditor: WIPFLI LLP

Organization Exclusion Status:

Findings

ID Ref Severity Repeat Requirement
1171309 2025-001 Material Weakness Yes N

Programs

ALN Program Spent Major Findings
84.063 FEDERAL PELL GRANT PROGRAM $2.27M Yes 0
84.268 FEDERAL DIRECT STUDENT LOANS $413,512 Yes 1
84.042 TRIO_STUDENT SUPPORT SERVICES $293,546 Yes 0
11.307 ECONOMIC ADJUSTMENT ASSISTANCE $223,764 Yes 0
84.048 CAREER AND TECHNICAL EDUCATION -- BASIC GRANTS TO STATES $82,042 Yes 0
84.002 ADULT EDUCATION - BASIC GRANTS TO STATES $73,036 Yes 0
84.007 FEDERAL SUPPLEMENTAL EDUCATIONAL OPPORTUNITY GRANTS $53,127 Yes 0
84.033 FEDERAL WORK-STUDY PROGRAM $18,005 Yes 0

Contacts

Name Title Type
CRAAXRAXXRS7 Sarah Gray Auditee
3096496265 Matthew Schueler Auditor
No contacts on file

Notes to SEFA

The accompanying schedule of expenditures of federal awards (the "Schedule") includes the federal grant activity of Spoon River College District No. 534 under programs of the federal government for the year ended June 30, 2025. The information in this schedule is presented in accordance with the requirements of Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance). Because the schedule presents only a selected portion of the operations of Spoon River College District #534, it is not intended to and does not present the financial position, changes in net position or cash flows of Spoon River College District #534.
For the year ended June 30, 2025, the College acted as a pass-through agency for Federal Direct Loans (subsidized and unsubsidized) to students in the amount of $413,512.
The College did not expend any federal awards in the form of non-cash assistance during the year ended June 30, 2025.
The College did not receive or administer any insurance or loan guarantees during fiscal year ended June 30, 2025.

Finding Details

Finding 2025-001
Criteria: NSLDS must accurately reflect the student’s program begin date for the CIP code program they are enrolled in and the student's status effective date must accurately reflect their last day of attendance when they withdraw. Condition: The examination disclosed 11 student out of 25 out of school student files tested, in which NSLDS was not updated correctly. Eight of the eleven students’ Program Begin Date reported to NSLDS is the same date as the student's most recent effective status date, although the student has been enrolled in the program with the same CIP code with prior statuses such as Full time or Three-Quarter Time. The remaining three students were withdrawn students whose last day of attendance was not reported accurately.