FAC Explorer

Audit 55969

FY End
2022-12-31
Total Expended
$1.24M
Findings
0
Programs
4
Organization: Headwaters Economics, Inc. (MT)
Year: 2022 Accepted: 2023-04-19
Auditor: Rosie Barndt CPA PC

Organization Exclusion Status:

Findings

No findings recorded

Programs

ALN Program Spent Major Findings
10.698 State & Private Forestry Cooperative Fire Assistance $1.08M Yes 0
10.699 Partnership Agreements $101,809 - 0
11.431 Climate and Atmospheric Research $36,574 - 0
15.231 Fish, Wildlife and Plant Conservation Resource Management $21,864 - 0

Contacts

Name Title Type
F24KN14HRKA9 Patty Hernandez Auditee
4065997425 Rosie Barndt Auditor
No contacts on file

Notes to SEFA

Accounting Policies: The schedule of expenditures of federal awards (the schedule) includes the federal award activity ofHeadwaters Economics, Inc. under programs of the federal government for the year ended December31, 2022. The information in the schedule is presented in accordance with the requirements of Title 2U.S. Code of Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and AuditRequirements of Federal Awards (Uniform Guidance). Because the schedule presents only a selectedportion of the operations of Headwaters Economics, Inc., it is not intended to and does not present thefinancial position, changes in net position, or cash flows of Headwaters Economics, Inc.Expenditures reported on the schedule are presented on the accrual basis of accounting. Suchexpenditures are recognized following the cost principles contained in the Uniform Guidance, whereincertain types of expenditures are not allowable or are limited as to reimbursement. De Minimis Rate Used: Y Rate Explanation: The auditee used the de minimis cost rate.