FAC Explorer

Audit 8472

FY End
2023-08-31
Total Expended
$6.23M
Findings
0
Programs
10
Organization: The Varnett Schools, INC Dba the Varnett Public School (TX)
Year: 2023 Accepted: 2023-12-27
Auditor: Weaver and Tidwell LLP

Organization Exclusion Status:

Findings

No findings recorded

Programs

ALN Program Spent Major Findings
84.425 Education Stabilization Fund $3.09M Yes 0
10.553 School Breakfast Program $190,924 - 0
84.027 Special Education_grants to States $183,340 - 0
10.555 National School Lunch Program $163,159 - 0
84.367 Improving Teacher Quality State Grants $76,308 - 0
84.424 Student Support and Academic Enrichment Program $69,810 - 0
84.010 Title I Grants to Local Educational Agencies $40,756 - 0
84.365 English Language Acquisition State Grants $30,045 - 0
10.579 Child Nutrition Discretionary Grants Limited Availability $25,000 - 0
10.560 State Administrative Expenses for Child Nutrition $2,682 - 0

Contacts

Name Title Type
L5VKSBEMDN81 Wanda Richardson Auditee
7136674051 Laura Lambert Auditor
No contacts on file

Notes to SEFA

Title: Reconcilement to the Financial Statements Accounting Policies: The accompanying schedule of expenditures of federal awards includes the federal grant activity of The Varnett Public School and is presented on the full accrual basis of accounting. The information in this schedule is presented in accordance with the requirements of Single Audit Act Amendments of 1996 and Title 2 U.S. Code of Federal Regulations (CFR) Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance). National School Lunch Program non-cash commodities and other non-cash assistance are recorded at their estimated market value at the time of donation. De Minimis Rate Used: N Rate Explanation: The Charter Holder has elected not to use the 10% de minimis indirect cost rate as allowed under Uniform Guidance. Presented below is a reconciliation of federal revenues: