FAC Explorer

Audit 52634

FY End
2022-06-30
Total Expended
$2.46M
Findings
0
Programs
7
Organization: American Leadership Academy, Incorporated (UT)
Year: 2022 Accepted: 2023-01-12
Auditor: Larson & Company PC

Organization Exclusion Status:

Findings

No findings recorded

Programs

ALN Program Spent Major Findings
10.555 National School Lunch Program $724,001 - 0
84.027 Special Education_grants to States $252,723 - 0
84.010 Title I Grants to Local Educational Agencies $159,484 - 0
84.425 Education Stabilization Fund $48,887 Yes 0
84.367 Improving Teacher Quality State Grants $47,071 - 0
84.365 English Language Acquisition State Grants $13,218 - 0
84.424 Student Support and Academic Enrichment Program $7,856 - 0

Contacts

Name Title Type
V33MKTLW37V7 Jan Searle Auditee
8017942226 Jon Haderlie Auditor
No contacts on file

Notes to SEFA

Title: BASIS OF ACCOUNTING Accounting Policies: The accompanying Schedule of Expenditures of Federal Awards presents the activity of all federal financial assistance programs of American Leadership Academy (School). The School reporting entity is defined in Note 1 to the basic financial statements. All federal awards received directly from federal agencies as well as federal awards passed-through other government agencies are included on the schedule of expenditures of federal awards. De Minimis Rate Used: N Rate Explanation: The auditee did not use the de minimis cost rate. The accompanying schedule of expenditures of federal awards is presented using the modified accrual basis of accounting for expenditures in governmental fund types and on the accrual basis for expenses in proprietary fund types, which is described in Note 1 to the basic financial statements.
Title: NON-CASH ASSISTANCE Accounting Policies: The accompanying Schedule of Expenditures of Federal Awards presents the activity of all federal financial assistance programs of American Leadership Academy (School). The School reporting entity is defined in Note 1 to the basic financial statements. All federal awards received directly from federal agencies as well as federal awards passed-through other government agencies are included on the schedule of expenditures of federal awards. De Minimis Rate Used: N Rate Explanation: The auditee did not use the de minimis cost rate. The School did not receive and non-cash assistance.
Title: LOANS OUTSTANDING Accounting Policies: The accompanying Schedule of Expenditures of Federal Awards presents the activity of all federal financial assistance programs of American Leadership Academy (School). The School reporting entity is defined in Note 1 to the basic financial statements. All federal awards received directly from federal agencies as well as federal awards passed-through other government agencies are included on the schedule of expenditures of federal awards. De Minimis Rate Used: N Rate Explanation: The auditee did not use the de minimis cost rate. The School does not have federally insured loans outstanding at year end.