FAC Explorer

Audit 43799

FY End
2022-12-31
Total Expended
$9.24M
Findings
0
Programs
6
Organization: Terc, Inc. (MA)
Year: 2022 Accepted: 2023-07-27
Auditor: Aafcpas INC

Organization Exclusion Status:

Findings

No findings recorded

Programs

ALN Program Spent Major Findings
84.411 Investing in Innovation (i3) Fund $265,362 Yes 0
84.305 Education Research, Development and Dissemination $177,743 Yes 0
47.041 Engineering $60,017 Yes 0
84.295 Ready-To-Learn Television $30,772 Yes 0
47.076 Stem Education (formerly Education and Human Resources) $24,350 Yes 0
15.676 Youth Engagement, Education, and Employment $6,596 Yes 0

Contacts

Name Title Type
GSLCJ3M62XX1 Gail Stevens Auditee
6178739818 Katie Belanger Auditor
No contacts on file

Notes to SEFA

Accounting Policies: The accompanying Schedule of Expenditures of Federal Awards includes the Federal assistance activity of TERC 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. De Minimis Rate Used: N Rate Explanation: The auditee did not use the de minimis cost rate.