Finding 1216201 (2023-004)

Material Weakness Repeat Finding

Requirement

Questioned Costs

Year

2023

Accepted

2026-05-31

Audit: 402683

Organization: LIFE Academy (AL)

Auditor: SCHOOL CHOICE CPA & ASSOCIATES

AI Summary

Answer: The Academy did not properly document purchase approvals before using federal funds.
Trend: This lack of documentation raises concerns about compliance with federal funding requirements.
List: Follow up by ensuring all purchases have documented approvals and maintain records of all expenditures to verify cost allowability.

Finding Text

1. The Academy failed to document proper approval of purchases prior to disbursement of federal funds; and 2. The Academy did not maintain documentation of expenditures charged to the Program; therefore, we could not determine if certain costs were allowable.

Corrective Action Plan

Life Academy will work to ensure that internal controls for federal awards are followed. Additionally, Life Academy has crafted a Policy and procedure manual that emphasis roles for various personnel within the district. Anticipated Implementation Date: Before October 1, 2025 Responsible Party: Chief School Financial Officer, Federal Programs Director, Operations, and Superintendent.

Other Findings in this Audit

1216199 2023-002

Material Weakness Repeat
1216200 2023-003

Material Weakness Repeat

Programs in Audit

ALN	Program Name	Expenditures
84.282	CHARTER SCHOOLS	$239,555
10.555	NATIONAL SCHOOL LUNCH PROGRAM	$197,172
10.553	SCHOOL BREAKFAST PROGRAM	$101,762
84.027	SPECIAL EDUCATION GRANTS TO STATES	$27,763
84.367	SUPPORTING EFFECTIVE INSTRUCTION STATE GRANTS (FORMERLY IMPROVING TEACHER QUALITY STATE GRANTS)	$26,381
84.424	STUDENT SUPPORT AND ACADEMIC ENRICHMENT PROGRAM	$18,014