FAC Explorer

Audit 388655

FY End
2024-06-30
Total Expended
$1.16M
Findings
1
Programs
5
Organization: Nuasin Next Generation Charter School and Affiliate (NY)
Year: 2024 Accepted: 2026-02-23
Auditor: MENGEL METZGER BARR AND CO LLP

Organization Exclusion Status:

Findings

ID Ref Severity Repeat Requirement
1175027 2024-001 Material Weakness Yes L

Programs

ALN Program Spent Major Findings
84.425 EDUCATION STABILIZATION FUND $652,254 Yes 1
84.010 TITLE I GRANTS TO LOCAL EDUCATIONAL AGENCIES $408,582 Yes 0
84.367 IMPROVING TEACHER QUALITY STATE GRANTS $48,621 Yes 0
84.424 STUDENT SUPPORT AND ACADEMIC ENRICHMENT PROGRAM $31,792 Yes 0
84.365 ENGLISH LANGUAGE ACQUISITION STATE GRANTS $16,162 Yes 0

Contacts

Name Title Type
HNJECMHMLFC5 Melissa Alston Auditee
7188930640 Kate Vanbramer Auditor
No contacts on file

Notes to SEFA

The above schedule of expenditures of federal awards includes the federal grant activity of Nuasin Next Generation Charter School and Affiliate and is presented on the accrual basis of accounting. The information in this schedule is presented in accordance with the requirements of Title 2 U.S. Code of Federal Regulations (CFR) Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance). Therefore, some amounts presented in this schedule may differ from amounts presented in, or used in the preparation of, the basic consolidated financial statements.
Expenditures reported on the Schedule are reported on the accrual basis of accounting. Such expenditures are recognized following, as applicable, the cost principles contained in Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards, wherein certain types of expenditures are not allowable or are limited as to reimbursement. Nuasin Next Generation Charter School and Affiliate has elected not to use the 10 percent de minimis indirect cost rate allowed under the Uniform Guidance.

Finding Details

Finding 2024-001
2 CFR 200.512(b) requires the Organization submit the audit, the data collection form, and the reporting package within 30 calendar days after the auditee receives the auditor’s report or nine months after the end of the audit period (whichever is earlier). The reporting package must include the following:  Financial statements and schedule of expenditures of federal awards  Summary schedule of prior audit findings  Auditor’s reports  Corrective action planTimely submission allows federal agencies to evaluate compliance and take management actions. Statement of condition and cause The Single Audit report for year ended June 30, 2024 was submitted in October 2025, seven months after the nine month deadline. The financial statements of the Organization were not finalized due to the inability of the Organization to obtain a waiver of the bond financial covenant to determine the proper classification of debt. Effect Delay in federal program review could affect funding allocations and compliance monitoring. Questioned Costs None Repeat Finding No Recommendation We recommend that the Organization work with the funder to identify and obtain any covenant waivers if necessary in a more timely fashion. Management response See corrective action plan.