Non-Profit Organizations," nonfederal entities that receive financial assistance of $300,000 or more in Federal awards will have a single or a program-specific audit conducted for that year. 196 Nonfederal entities that expend less than $300,000 a year in Federal awards are exempt from Federal audit requirements for that year, except as noted in Circular No. A-133. Records: In accordance with Section 443 of the General Education Provisions Act, as amended by the Improving America's School Act, grantees must maintain records for 3 years. FINANCIAL INFORMATION: Account Identification: 91-0400-0-1-501. Obligations: (Grants) FY 99 $365,000,000; FY 00 est $450,000,000; and FY 01 est $460,000,000. Range and Average of Financial Assistance: Fiscal year 1999 awards ranged from $646,000 to $41,466,000. PROGAM ACCOMPLISHMENTS: States distributed funds to over 4,000 adult education and literacy providers who provided services at more than 24,000 learning centers. Participant achievements include: over 308,000 passing the GED test and earning high school diplomas; more than 340,000 gaining employment or obtaining job advancement; another 34,000 being removed from public assistance registers. In addition, State education agencies supported many special demonstration projects and teacher training projects. REGULATIONS, GUIDELINES, AND LITERATURE: Adult Education General Provisions and State-Administered Basic Grant Program.
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