FAC Explorer

Audit 391470

FY End
2025-06-30
Total Expended
$14.15M
Findings
1
Programs
9
Organization: Pataula Charter Academy (GA)
Year: 2025 Accepted: 2026-03-12
Auditor: MAULDIN AND JENKINS

Organization Exclusion Status:

Findings

ID Ref Severity Repeat Requirement
1179036 2025-001 Material Weakness Yes N

Programs

ALN Program Spent Major Findings
10.766 COMMUNITY FACILITIES LOANS AND GRANTS $13.10M Yes 1
10.555 NATIONAL SCHOOL LUNCH PROGRAM $346,974 Yes 0
84.010 TITLE I GRANTS TO LOCAL EDUCATIONAL AGENCIES $309,339 Yes 0
10.553 SCHOOL BREAKFAST PROGRAM $112,353 Yes 0
84.027 SPECIAL EDUCATION GRANTS TO STATES $97,378 Yes 0
84.424 STUDENT SUPPORT AND ACADEMIC ENRICHMENT PROGRAM $81,046 Yes 0
84.367 SUPPORTING EFFECTIVE INSTRUCTION STATE GRANTS (FORMERLY IMPROVING TEACHER QUALITY STATE GRANTS) $39,971 Yes 0
84.358 RURAL EDUCATION $37,513 Yes 0
10.560 STATE ADMINISTRATIVE EXPENSES FOR CHILD NUTRITION $872 Yes 0

Contacts

Name Title Type
NACYKDTH46J7 Cheryl Weathersby Auditee
2293544001 Hope Pendergrass Auditor
No contacts on file

Notes to SEFA

The accompanying Schedule of Expenditures of Federal Awards is presented using the modified accrual bases of accounting. Under the modified accrual basis of accounting, expenditures are recognized when the related fund liability is incurred. Federal grant programs which are administered through State agencies (pass-through awards) have been included in this report. 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 and, therefore, some amounts presented in this schedule may differ from amounts presented or used in the preparation of the financial statements.
The Academy elected not to utilize the 10% de minimus indirect cost rate.
The Academy did not pass through any grant funds to subrecipients for the year ended June 30, 2025.
The Academy’s loan balance for the Community Facilities Loans and Grants program was $13,099,794 for the year ended June 30, 2025.

Finding Details

Finding 2025-001
Criteria: Per review of loan agreement, the Academy is required to set aside funds monthly until an amount of $619,824 is set aside in a Reserve Account. Condition: The Academy does not have sufficient funds in the Reserve Account in accordance with the loan agreement. Context: The Academy did not transfer funds during the year as required in the loan agreement. Effect: As of June 30, 2025, the Academy should have had $402,886 set aside in a Reserve Account. The actual balance as of June 30, 2025 was $341,338. Cause: Management oversight. Recommendation: We recommend the Academy implement effective controls to ensure compliance with the loan agreement. Views of Responsible Officials and Planned Corrective Action: We concur. The Academy will implement a process to ensure reserve deposits are made timely..