FAC Explorer

Finding 1061483 (2023-001)

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Requirement
L
Questioned Costs
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Year
2023
Accepted
2024-08-26
Audit: 317824
Organization: Beloved Community Charter School (NJ)
Auditor: Gerald D Longo CPA

AI Summary

  • Issue: The Charter School's general ledger was not updated on time.
  • Impact: Necessary adjustments were needed to accurately show the financial position as of June 30, 2023.
  • Follow-up: Ensure timely updates to the general ledger to prevent future discrepancies.

Finding Text

The Charter School's general ledger was not maintained on a timely basis. Adjustments were required to properly reflect the Charter School’s financial position as of June 30. 2023.

Categories

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Other Findings in this Audit

Programs in Audit

ALN Program Name Expenditures
84.425U Arp Esser $1.34M
84.010 Title 1 Part A $915,878
84.425D Crrsa Esser 11 $670,348
10.555 National School Lunch $573,252
84.027A Idea Part B $330,622
84.282A Charter School Program Grant $247,030
10.553 National School Breakfast $172,085
84.367A Title 11 $83,167
10.555 National School Snack $61,183
84.365 Title III $17,339
10.555 Supply Chain Assistance $16,276
84.173A Idea Pre-School $6,482
93.778 Medical Assistance Program (semi) $5,931
10.649 Pandemic Ebt Administrative Costs $2,527