FAC Explorer

Audit 9620

FY End
2023-06-30
Total Expended
$47.23M
Findings
0
Programs
24
Organization: Des Moines Area Community College (IA)
Year: 2023 Accepted: 2024-01-04
Auditor: Denman LLP

Organization Exclusion Status:

Findings

No findings recorded

Programs

ALN Program Spent Major Findings
84.268 Federal Direct Student Loans $18.93M Yes 0
84.063 Federal Pell Grant Program $15.82M Yes 0
84.002 Adult Education - Basic Grants to States $558,688 - 0
17.287 Job Corps Experimental Projects and Technical Assistance (b) $437,953 - 0
84.042 Trio_student Support Services $399,076 - 0
84.007 Federal Supplemental Educational Opportunity Grants $385,182 Yes 0
84.033 Federal Work-Study Program $321,265 Yes 0
84.047 Trio_upward Bound $297,014 - 0
17.274 Youthbuild $258,625 - 0
84.425 Education Stabilization Fund $195,705 Yes 0
84.335 Child Care Access Means Parents in School $168,155 - 0
20.235 Commercial Motor Vehicle Operator Training Grants $124,613 - 0
84.126 Rehabilitation Services_vocational Rehabilitation Grants to States $117,514 - 0
84.048 Career and Technical Education -- Basic Grants to States $105,770 Yes 0
10.025 Plant and Animal Disease, Pest Control, and Animal Care $92,893 - 0
10.561 State Administrative Matching Grants for the Supplemental Nutrition Assistance Program $59,171 - 0
47.076 Education and Human Resources $55,187 - 0
17.261 Wia Pilots, Demonstrations, and Research Projects $39,744 - 0
47.075 Social, Behavioral, and Economic Sciences $23,543 - 0
10.558 Child and Adult Care Food Program $12,393 - 0
10.664 Cooperative Forestry Assistance $9,670 - 0
59.007 7(j) Technical Assistance $2,185 - 0
47.078 Polar Programs $326 - 0
93.243 Substance Abuse and Mental Health Services_projects of Regional and National Significance $184 - 0

Contacts

Name Title Type
UHXRPL5G4FY3 Ben Voaklander Auditee
5159646512 Mason Sander Auditor
No contacts on file

Notes to SEFA

Title: NOTE 1 BASIS OF PRESENTATION Accounting Policies: Accrual basis of accounting De Minimis Rate Used: N Rate Explanation: SEE FORM BEHIND FOR ANY ADDITIONAL INFORMATION. The accompanying Schedule of Expenditures of Federal Awards (Schedule) includes the federal award activity of Des Moines Area Community College under programs of the federal government for the year ended June 30, 2023. 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 Des Moines Area Community College, it is not intended to and does not present the financial position, changes in financial position or cash flows of Des Moines Area Community College.
Title: NOTE 2 SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Accounting Policies: Accrual basis of accounting De Minimis Rate Used: N Rate Explanation: SEE FORM BEHIND FOR ANY ADDITIONAL INFORMATION. Expenditures reported in the Schedule are reported on the accrual basis of accounting. Such expenditures are recognized following the cost principles contained in the Uniform Guidance, wherein certain types of expenditures are not allowable or are limited as to reimbursement. Des Moines Area Community College has elected not to use the 10% de minimis indirect cost rate as allowed under the Uniform Guidance.
Title: NOTE 3 STUDENT FINANCIAL ASSISTANCE Accounting Policies: Accrual basis of accounting De Minimis Rate Used: N Rate Explanation: SEE FORM BEHIND FOR ANY ADDITIONAL INFORMATION. The College is responsible only for the performance of certain administrative duties with respect to the Federal Direct Student Loan Program and, accordingly, these loans are not included in its financial statements. It is not practical to determine the balance of the loans outstanding to students and former students of the College under this program at June 30, 2023.