Arizona · Nonprofit · under $2M in federal spending

JUNIOR ACHIEVEMENT OF ARIZONA, INC.

TEMPE, AZ

The FY2024 single audit reports 1 finding: 1 significant deficiency, 1 with questioned costs. 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 $991,198 in federal spending; an organization whose federal spending fell below the threshold would not need one.

Score: 3 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	3	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		3	100

Federal funding, FY2024

$991,198 in federal awards spent, across 1 program. Largest funding agencies:

Agency	Spent
Department of Education	$991,198

FY2024 audit

FAC record: 2024-06-GSAFAC-0000064322
Fiscal year end: June 30, 2024
Accepted by FAC: November 6, 2024
Federal spending: $991,198 · 1 program
Major programs: 1
Questioned costs: $12,177 known
Score: 3 of 100

Finding 2024-001

significant deficiencyquestioned costs

Program: EDUCATION STABILIZATION FUND (84.425)
Compliance requirement: Allowable costs/cost principles
Questioned costs: $12,177 (known)
FAC record: FY2024 audit on fac.gov

Finding text from the filing

Type of Finding – Significant Deficiency in Internal Control Over Compliance.

Condition/Context – Internal control procedures over eligible disbursements did not ensure compliance with federal awards. An employee reimbursement was billed twice, and employee bonuses, which are not allowable costs, were included within the reimbursement request.

Criteria – In accordance with the Compliance Supplement Part 6 - Internal Control, 2 CFR section 200.303 requires that nonfederal entities receiving federal awards establish and maintain internal control over the federal awards that provides reasonable assurance that the nonfederal entity is managing the federal awards in compliance with federal statutes, regulations, and the terms and conditions of the federal awards.

Cause – Clerical oversight.

Effect – Noncompliance with the Compliance Supplement and Uniform Guidance.

Repeat Finding – No

Questioned Costs - $12,177

Recommendation – We would recommend management to review and to ensure that expenditures being requested for reimbursement are for allowable costs.

View of Responsible Officials – There is no disagreement with the audit findings.

FY2023 audit

FAC record: 2023-06-GSAFAC-0000015363
Fiscal year end: June 30, 2023
Accepted by FAC: January 2, 2024
Federal spending: $2,114,458 · 1 program
Major programs: 1
Score: 0 of 100

No findings reported.