Alan C. Young & Associates — Auditor
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Position
| Field | Value |
|---|---|
| Firm | Alan C. Young & Associates |
| Role | Independent auditor for MacDowell Preparatory Academy |
| Duration | 9 consecutive fiscal years (FY2017–FY2025) |
| Entity audited | #82747 — MacDowell Preparatory Academy |
Connection to Banks Network Documented
| Connection | Detail | Source |
|---|---|---|
| 9-year auditor | Audited MacDowell for every fiscal year from 2017 through 2025 | Audit PDFs |
Key Findings Across 9 Years
The audits document the financial trajectory of MacDowell under Banks’ management:
| Year | Notable |
|---|---|
| FY2017–FY2021 | Pre-“self-managed” baseline period |
| FY2022 | Last year before MacDowell transitioned to self-management |
| FY2023 | O&M spending reached $1.7M on $587K budget — building purchase year |
| FY2024 | Federal awards supplement, budget violations documented |
| FY2025 | $968K operating loss, $667K school administration, $719K balloon payment |
Institutional Enabler Question
Whether a single auditor serving the same small charter school for 9 consecutive years provides adequate independent oversight is a question for regulators. Auditor rotation policies exist in many jurisdictions to prevent institutional capture.
FOIA Evidence
All 9 audit PDFs were obtained via MDE FOIA response (Sep 25, 2026):
Verify
- Michigan CEPI: Entity #82747 financial records
- Alan C. Young & Associates firm records
All information sourced from MDE FOIA response (Sep 25, 2026). Financial figures are from audited statements.