FAC Explorer

Audit 56668

FY End
2022-12-31
Total Expended
$2.31M
Findings
0
Programs
5
Organization: Women's Economic Self-Sufficiency Team, CORP and Controlled Affiliate (NM)
Year: 2022 Accepted: 2023-07-05
Auditor: Loftis and Lovato Group

Organization Exclusion Status:

Findings

No findings recorded

Programs

ALN Program Spent Major Findings
59.043 Women's Business Ownership Assistance $874,109 Yes 0
59.000 Microloan Program - Intermediary Lender (loan Capital) $570,220 - 0
59.043 Women's Business Ownership Assistance - Cares Act $495,093 Yes 0
59.046 Microloan Program $195,169 - 0
59.043 Women's Business Ownership Assistance - Money Learning Lab $170,410 Yes 0

Contacts

Name Title Type
D5FUBKJLRX68 Agnes Noonan Auditee
5052466900 Alex Gurule Auditor
No contacts on file

Notes to SEFA

Title: Loan/loan guarantee outstanding balances Accounting Policies: THE ACCOMPANYING SCHEDULE OF EXPENDITURES OF FEDERAL AWARDS IS PRESENTED USING THE ACCRUAL BASIS OF ACCOUNTING, WHICH IS DESCRIBED IN NOTE 2 TO WESSTS CONSOLIDATED FINANCIAL STATEMENTS. De Minimis Rate Used: N Rate Explanation: The auditee did not use the de minimis cost rate. MICROLOAN PROGRAM - INTERMEDIARY LENDER (LOAN CAPITAL) (59.000) - Balances outstanding at the end of the audit period were 570220.