grantcheck

Texas · Nonprofit · $2M-$10M in federal spending

Academy of Accelerated Learning, Inc.

Houston, TX

The FY2025 single audit reports no findings. Audits on file for FY2023–FY2025: FY2023, FY2024, FY2025.

Score: 0 of 100 (FY2025 audit)

The sum of eight parts, each read from the audit. How the score works.

PartRulePointsMax
Material weaknesses8 points each024
Significant deficiencies3 points each09
Repeat findings5 points each015
Longest repeat chain2 years 3, 3 years 6, 4 years 9, 5+ years 12012
Modified major-program opinionsqualified 8 each; any adverse or disclaimer 15015
Questioned costsknown amount of $25,000 or more, by share and dollars015
Going concernauditor included a going-concern paragraph05
Prior-year latenessprior-year audit late or not filed, scored only with a finding05
Score0100

Federal funding, FY2025

$2,076,156 in federal awards spent, across 9 programs. Largest funding agencies:

AgencySpent
Department of Education$1,271,195
Department of Agriculture$692,461
Department of Health and Human Services$112,500

FY2025 audit

FAC record
2025-08-GSAFAC-0000400768
Fiscal year end
August 31, 2025
Accepted by FAC
February 2, 2026
Federal spending
$2,076,156 · 9 programs
Major programs
2
Score
0 of 100

No findings reported.

FY2024 audit

FAC record
2024-08-GSAFAC-0000355526
Fiscal year end
August 31, 2024
Accepted by FAC
July 16, 2025
Federal spending
$3,795,282 · 9 programs
Major programs
2
Score
3 of 100

Finding 2024-004

significant deficiency

Program
CHILD NUTRITION CLUSTER (10.555)
Compliance requirement
Allowable costs/cost principles
FAC record
FY2024 audit on fac.gov
Finding text from the filing

Approval of Allowable Costs (Significant Deficiency) Federal Award #’s: 10.553, 10.555 Child Nutrition Cluster Federal Award Years: Multiple Federal Agencies: US Department of Agriculture Passthrough Agency: Texas State Department of Agriculture Compliance Requirement: Allowable Costs Criteria: According to 2 CFR 200.303 (a) the recipient of federal awards must establish, document, and maintain effective internal control over the Federal award that provides reasonable assurance that the recipient or subrecipient is managing the Federal award in compliance with Federal statutes, regulations, and the terms and conditions of the Federal award. These internal controls should align with the guidance in “Standards for Internal Control in the Federal Government” issued by the Comptroller General of the United States or the “Internal Control-Integrated Framework” issued by the Committee of Sponsoring Organizations of the Treadway Commission (COSO). Review and approval controls designed to ensure accuracy and adequate segregation of duties are an essential component of effective internal controls over costs. Condition/Context: During our testing we noted 2 out of 9 nonpayroll costs tested, totaling $79,106, were not separately reviewed and approved by the Department Chair and/or Superintendent. The costs were accurate and supported by invoices. However, the review and approval of the costs by someone other than the person entering the payment was not supported. Cause: The Academy did not effectively implement existing procedures for the separate review and approval of costs. Effect: The absence of proper approval increases the risk of unauthorized or inappropriate expenses being paid, which could result in loss of federal grant funding. Recommendation: The Academy implements procedures to ensure the effective implementation of established controls. We recommend that the Academy reinforce the importance of the expense approval process through additional training for relevant staff and reiterate the importance of segregation of duties in this process.

FY2023 audit

FAC record
2023-08-GSAFAC-0000022265
Fiscal year end
August 31, 2023
Accepted by FAC
February 19, 2024
Federal spending
$3,141,739 · 9 programs
Major programs
1; adverse opinion or disclaimer on 1
Score
15 of 100

No findings reported.