FAC Explorer

Audit 64377

FY End
2022-08-31
Total Expended
$6.99M
Findings
0
Programs
23
Organization: The Center for Rural Affairs (NE)
Year: 2022 Accepted: 2023-02-27
Auditor: Nichols Rise & Company LLP

Organization Exclusion Status:

Findings

No findings recorded

Programs

ALN Program Spent Major Findings
59.046 Microloan Program $1.96M - 0
10.870 Rural Microentrepreneur Assistance Program $752,645 Yes 0
21.020 Community Development Financial Institutions Program $722,241 Yes 0
21.024 Community Development Financial Institutions Rapid Response Program (cdfi Rrp) $556,000 Yes 0
10.767 Intermediary Relending Program $394,788 - 0
10.351 Rural Business Development Grant $304,752 - 0
10.902 Soil and Water Conservation $294,667 - 0
10.334 Enhancing Agricultural Opportunities for Military Veterans Competitive Grants Program $177,542 - 0
10.443 Outreach and Assistance for Socially Disadvantaged and Veteran Farmers and Ranchers $172,638 - 0
59.043 Women's Business Ownership Assistance $112,957 - 0
93.103 Food and Drug Administration_research $109,755 - 0
10.175 Farmers Market and Local Food Promotion Program (b) $23,317 - 0
10.170 Specialty Crop Block Grant Program - Farm Bill $18,978 - 0
66.604 Environmental Justice Small Grant Program $18,290 - 0
10.871 Socially-Disadvantaged Groups Grant $17,298 - 0
10.168 Farmers' Market and Local Food Promotion Program $13,770 - 0
10.215 Sustainable Agriculture Research and Education $9,971 - 0
10.575 Farm to School Grant Program $9,567 - 0
10.460 Risk Management Education Partnerships $8,821 - 0
10.311 Beginning Farmer and Rancher Development Program $6,902 - 0
93.391 Activities to Support State, Tribal, Local and Territorial (stlt) Health Department Response to Public Health Or Healthcare Crises $5,873 - 0
81.087 Renewable Energy Research and Development $4,264 - 0
10.500 Cooperative Extension Service $948 - 0

Contacts

Name Title Type
LAVLJUMF3LJ4 Mike Bride Auditee
4026872100 Richard Grenko Auditor
No contacts on file

Notes to SEFA

Title: Loan/loan guarantee outstanding balances Accounting Policies: The accompanying schedule of expenditures of federal awards includes all federal grant activity of The Center for Rural Affairs and Controlled Organizations under programs of the federal government for the year ended August 31, 2022. The information in this schedule is presented in accordance with the requirements of Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance). Because the schedule presents only a selected portion of the operations of The Center for Rural Affairs and Controlled Organizations, it is not intended to and does not present the financial position, changes in net assets, or cash flows of The Center for Rural Affairs and Controlled Organizations. Program expenditures included in the accompanying schedule are presented on the accrual basis of accounting. De Minimis Rate Used: Y Rate Explanation: The auditee used the de minimis cost rate. MICROLOAN PROGRAM (59.046) - Balances outstanding at the end of the audit period were 1249243. INTERMEDIARY RELENDING PROGRAM (10.767) - Balances outstanding at the end of the audit period were 306873. RURAL MICROENTREPRENEUR ASSISTANCE PROGRAM (10.870) - Balances outstanding at the end of the audit period were 479303.