Texas · Nonprofit · under $2M in federal spending
Economic Mobility Systems
Dallas, TX
The FY2024 single audit reports no findings. Audits on file for FY2023–FY2025: FY2023, FY2024.
No FY2025 single audit on file as of October 30, 2026. For the fiscal year ending June 30, 2025, it was due March 31, 2026, 213 days earlier. It is expected because the FY2024 audit reported $1,185,727 in federal spending; an organization whose federal spending fell below the threshold would not need one.
Score: 0 of 100 (FY2024 audit)
The sum of eight parts, each read from the audit. How the score works.
| Part | Rule | Points | Max |
|---|
| Material weaknesses | 8 points each | 0 | 24 |
| Significant deficiencies | 3 points each | 0 | 9 |
| Repeat findings | 5 points each | 0 | 15 |
| Longest repeat chain | 2 years 3, 3 years 6, 4 years 9, 5+ years 12 | 0 | 12 |
| Modified major-program opinions | qualified 8 each; any adverse or disclaimer 15 | 0 | 15 |
| Questioned costs | known amount of $25,000 or more, by share and dollars | 0 | 15 |
| Going concern | auditor included a going-concern paragraph | 0 | 5 |
| Prior-year lateness | prior-year audit late or not filed, scored only with a finding | 0 | 5 |
| Score | | 0 | 100 |
Federal funding, FY2024
$1,185,727 in federal awards spent, across 1 program. Largest funding agencies:
| Agency | Spent |
|---|
| Department of Education | $1,185,727 |
FY2024 audit
- FAC record
- 2024-06-GSAFAC-0000356709
- Fiscal year end
- June 30, 2024
- Accepted by FAC
- March 26, 2025
- Federal spending
- $1,185,727 · 1 program
- Major programs
- 1
- Score
- 0 of 100
No findings reported.
FY2023 audit
- FAC record
- 2023-06-GSAFAC-0000023172
- Fiscal year end
- June 30, 2023
- Accepted by FAC
- February 14, 2024
- Federal spending
- $894,681 · 1 program
- Major programs
- 1
- Score
- 3 of 100
Finding 2023-001
significant deficiency
- Program
- EDUCATION STABILIZATION FUND (84.425)
- Compliance requirement
- Allowable costs/cost principles
- FAC record
- FY2023 audit on fac.gov
Finding text from the filing
Finding No. 2023‐001: Allowable Costs – Significant deficiency in internal control over compliance and compliance finding. Criteria: Organization is required to comply with allowable cost principles as detailed in 2 CFR 200, Support E. Condition: During allowable costs testing it was noted that 2 out of 22 sampled expenses contained unallowable costs. Cause: The Organization’s programmatic employees were not aware of the details of 2 CFR 200, Subpart E, which resulted in unallowable costs being included on expense reimbursements. Effect: Unallowable costs were charged to the grant. Questioned costs: None Recommendation: The Organization should implement controls over allowable costs that ensures unallowable costs are detected and appropriately omitted from grant reimbursement requests. Management’s Response: See corrective action plan.