FAC Explorer

Audit 51766

FY End
2022-06-30
Total Expended
$918,460
Findings
0
Programs
9
Organization: Founders Classical Academies of Arkansas (AR)
Year: 2022 Accepted: 2023-02-06
Auditor: Thomas & Thomas CPAS PLLC

Organization Exclusion Status:

Findings

No findings recorded

Programs

ALN Program Spent Major Findings
84.425 Education Stabilization Fund $192,124 Yes 0
84.027 Special Education_grants to States $171,115 - 0
84.282 Charter Schools $99,550 - 0
84.010 Title I Grants to Local Educational Agencies $30,530 - 0
10.555 National School Lunch Program $23,943 Yes 0
93.778 Medical Assistance Program $14,921 - 0
84.424 Student Support and Academic Enrichment Program $9,961 - 0
84.365 English Language Acquisition State Grants $9,234 - 0
84.173 Special Education_preschool Grants $3,219 - 0

Contacts

Name Title Type
CVJ9XDL6K5C1 Katie Stephens Auditee
5016791480 Andrew Graves Auditor
No contacts on file

Notes to SEFA

Accounting Policies: The Schedule of Expenditures of Federal Awards is prepared on the regulatory basis of accounting prescribed by Arkansas Code Annotated ?10-4-413(c), as set forth in the Arkansas Department of Education Rules Governing the Regulatory Basis of Accounting. De Minimis Rate Used: Both Rate Explanation: The Charter School's restricted indirect cost rate was 3.83% for federal awards, where applicable.