Collegiate Academies

EIN: 800601507

UEI: K6M7S1AG7KV8

Showing data from August 19, 2026 — the Federal Audit Clearinghouse is under high demand right now, so this couldn't be refreshed. This is the most recent data on record, not necessarily today's.

Collegiate Academies10 audit years1 findings
10
Audit Years
1
Total Findings
0
Repeat Findings

FY 2023-06-30

Management decision deadline — for entities that funded this organization

The FAC accepted this audit on February 6, 2024. Under 2 CFR 200.521(d), a pass-through entity that provided federal funds to this organization for this audit period must issue a management decision on these findings by August 6, 2024 (746 days ago).

What is a management decision? →
2023-003
Activities Allowed or Unallowed / Cost Allowability
QUESTIONED COSTS

The School charged the same salary expense to two different federal grants Cause: The School did not implement appropriate controls to ensure expenses were not charged in full to multiple federal grants. Effect: Unallowable costs could be charged to federal grants and may be required to be repaid to the federal agency. Questioned Costs: $2,210. This is the total of one payroll amount found to have been reimbursed from two federal grants. Recommendation: We recommend that the School design and implement controls to ensure expenses are not charged in full to multiple grants. Management Response: See corrective action plan on page 37.

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Full finding narrative

Finding 2023-003 Other Matter – Unallowable costs United States Department of Education – Passed-through Louisiana Department of Education Education Stabilization Fund – ALN #84.425 – Program Year 2021 Criteria: According to 2 CFR 200.405 Allocable costs, “any cost allocable to a particular Federal award under the principles provided for in this part may not be charged to other Federal awards to overcome fund deficiencies, to avoid restrictions imposed by Federal statutes, rgulations, or terms and conditions of the Federal awards, or for other reasons.” Condition: The School charged the same salary expense to two different federal grants Cause: The School did not implement appropriate controls to ensure expenses were not charged in full to multiple federal grants. Effect: Unallowable costs could be charged to federal grants and may be required to be repaid to the federal agency. Questioned Costs: $2,210. This is the total of one payroll amount found to have been reimbursed from two federal grants. Recommendation: We recommend that the School design and implement controls to ensure expenses are not charged in full to multiple grants. Management Response: See corrective action plan on page 37.

Corrective Action Plan

Status: In progress. Planned Corrective Action: This instance has been corrected as the employee's salary has been removed from the ESSER program and replaced with another eligible employee for FY23. Moving forward, employees charged to the High Cost Services program will be included in the overall grant tracker to ensure no more than 100% of their salary has been allocated across all grants. An additional quality review will be conducted prior to the final draw-down of federal grants (by July 15th, annually) to ensure that no employee has had more than 100% of their salary allocated to federal programs. Person(s) Responsible: Justin Pickel, Chief Operating Officer Estimated Completion Date: July 15, 2024

About Activities Allowed or Unallowed, Allowable Costs / Cost Principles →

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