FAC Explorer

Audit 5316

FY End
2023-06-30
Total Expended
$1.50M
Findings
0
Programs
5
Organization: Kingman Academy of Learning, Inc. (AZ)
Year: 2023 Accepted: 2023-12-05
Auditor: Cliftonlarsonallen LLP

Organization Exclusion Status:

Findings

No findings recorded

Programs

ALN Program Spent Major Findings
84.425 Education Stabilization Fund $795,323 Yes 0
84.010 Title I Grants to Local Educational Agencies $284,364 - 0
84.367 Improving Teacher Quality State Grants $47,669 - 0
84.027 Special Education_grants to States $28,629 - 0
84.424 Student Support and Academic Enrichment Program $23,281 - 0

Contacts

Name Title Type
TSELAMNTU241 Stacey Crowl Auditee
9286812400 Wayne M. Hunter, CPA Auditor
No contacts on file

Notes to SEFA

Title: General Accounting Policies: The accompanying schedule of expenditures of federal awards is presented using the accrual basis of accounting, which is described in Note 1 to the School’s financial statements for the year ended June 30, 2023. De Minimis Rate Used: N Rate Explanation: No indirect costs were claimed. The accompanying schedule of expenditures of federal awards presents the activity of all federal awards of Kingman Academy of Learning, Inc.. The School’s reporting entity is defined in Note 1 to the financial statements for the year ended June 30, 2023. All federal awards received directly from federal agencies are included in the schedule.
Title: Basis of Accounting Accounting Policies: The accompanying schedule of expenditures of federal awards is presented using the accrual basis of accounting, which is described in Note 1 to the School’s financial statements for the year ended June 30, 2023. De Minimis Rate Used: N Rate Explanation: No indirect costs were claimed. The accompanying schedule of expenditures of federal awards is presented using the accrual basis of accounting, which is described in Note 1 to the School’s financial statements for the year ended June 30, 2023.
Title: Indirect Cost Rate Accounting Policies: The accompanying schedule of expenditures of federal awards is presented using the accrual basis of accounting, which is described in Note 1 to the School’s financial statements for the year ended June 30, 2023. De Minimis Rate Used: N Rate Explanation: No indirect costs were claimed. The School did not elect the 10 percent de minimus indirect cost rate as covered in 2CFR 200.414.