FAC Explorer

Audit 4923

FY End
2023-06-30
Total Expended
$1.14M
Findings
0
Programs
9
Organization: Felton Laboratory Charter School (SC)
Year: 2023 Accepted: 2023-12-01
Auditor: McGregor & Company LLP

Organization Exclusion Status:

Findings

No findings recorded

Programs

ALN Program Spent Major Findings
84.425 Education Stabilization Fund $309,719 Yes 0
84.010 Title I Grants to Local Educational Agencies $125,036 - 0
10.553 School Breakfast Program $44,585 - 0
84.424 Student Support and Academic Enrichment Program $34,588 - 0
84.027 Special Education_grants to States $24,425 - 0
84.367 Improving Teacher Quality State Grants $7,954 - 0
10.555 National School Lunch Program $7,720 - 0
93.359 Nurse Education, Practice Quality and Retention Grants $3,751 - 0
84.365 English Language Acquisition State Grants $376 - 0

Contacts

Name Title Type
DTUWLHJ1MFL5 Dr. Myrtis Brightharp Walker Auditee
8035367034 Elizabeth C Inabinet Auditor
No contacts on file

Notes to SEFA

Title: BASIS OF PRESENTATION Accounting Policies: The accompanying schedule of expenditures of federal awards includes the federal grant activity of Felton Laboratory Charter School and is presented on the accrual basis. 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. Therefore, some amounts presented in this schedule may differ from amounts presented in, or used in the preparation of the basic financial statements. De Minimis Rate Used: N Rate Explanation: The School has not elected to use the 10 percent deminimus indirect cost rate. The accompanying schedule of expenditures of federal awards includes the federal grant activity of Felton Laboratory Charter School and is presented on the accrual basis. 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. Therefore, some amounts presented in this schedule may differ from amounts presented in, or used in the preparation of the basic financial statements.
Title: DEMINIMUS INDIRECT COST RATE Accounting Policies: The accompanying schedule of expenditures of federal awards includes the federal grant activity of Felton Laboratory Charter School and is presented on the accrual basis. 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. Therefore, some amounts presented in this schedule may differ from amounts presented in, or used in the preparation of the basic financial statements. De Minimis Rate Used: N Rate Explanation: The School has not elected to use the 10 percent deminimus indirect cost rate. The School has not elected to use the 10 percent deminimus indirect cost rate.