REPORT DIGEST

ILLINOIS MATHEMATICS & SCIENCE ACADEMY

COMPLIANCE EXAMINATION
FOR THE YEAR ENDED JUNE 30, 2025

Release Date:  May 5, 2026

FINDINGS THIS AUDIT: 5

CATEGORY:  NEW -- REPEAT – TOTAL
Category 1:  0 -- 0 -- 0
Category 2:  2 -- 3 -- 5
Category 3:  0 -- 0 -- 0
TOTAL:  2 -- 3 -- 5

FINDINGS LAST AUDIT: 6

State of Illinois, Office of the Auditor
General
FRANK J. MAUTINO, AUDITOR GENERAL

To obtain a copy of the Report contact:
Office of the Auditor General, 400 West
Monroe, Suite 306, Springfield, IL
62704-9849
(217) 782-6046 or TTY (888) 261-2887

This Report Digest and Full Report are also
available on the worldwide web at
www.auditor.illinois.gov

INTRODUCTION

The Illinois Mathematics and Science
Academy (Academy) develops creative,
ethical leaders in science, technology,
engineering and mathematics.  As a teaching
and learning laboratory created by the
State of Illinois, the Academy enrolls
academically talented Illinois students
(grades 10-12) in its advanced, residential
college preparatory program, and it serves
thousands of educators and students in
Illinois and beyond through innovative
instructional programs that foster
imagination and inquiry.

This digest covers the Academy’s State
Compliance Examination for the year ended
June 30, 2025.  In total, this report
contains five findings. A digest covering
the Academy’s Individual Governmental Funds
Financial Audit as of and for the year
ended June 30, 2025, was separately
released.

SYNOPSIS

• (25-01) The Academy did not comply with
the requirements of the Illinois
Mathematics and Science Academy Law.
• (25-04) The Academy did not have adequate
controls over contracting procedures.

FINDINGS, CONCLUSIONS, AND RECOMMENDATIONS

NONCOMPLIANCE WITH THE ILLINOIS MATHEMATICS
AND SCIENCE ACADEMY LAW

The Academy did not comply with the
requirements of the Illinois Mathematics
and Science Academy Law (Law).

The Academy was unable to provide any
evidence that the Academy’s Board or
President were involved in the selection of
textbooks that were used during the
academic year.

The Law (105 ILCS 305/4) requires the
Academy Board to prescribe and select for
use in the school free school books and
other materials of instruction for children
enrolled in the school and programs under
the jurisdiction for which the General
Assembly provides funds. (Finding 1, Page
8)

We recommended the Academy’s Board
prescribe and select textbooks and other
instructional materials for use in the
school as required by law.

The Academy agreed with the finding and
stated it has implemented procedures to
ensure compliance with 105 ILCS 305/4.

INADEQUATE CONTROLS OVER CONTRACTING
PROCEDURES

The Academy did not have adequate controls
over contracting procedures.

We examined 7 contracts executed in Fiscal
Year 2025 and noted one contract (14%)
totaling $24,600 was executed by the
Academy procurement officer and the vendor
after services had commenced. The Academy’s
and the vendor’s signatures (execution
date) were applied 13 days after service
began. The total cost of services incurred
prior to the execution of the contract
totaled $860. (Finding 4, Page 12)

We recommended that the Academy enhance its
controls to ensure contracts are executed
prior to commencement of services.

The Academy agreed with the finding as
presented and stated it has implemented
procedures to ensure compliance with 30
ILCS 500/20-80(d).

OTHER FINDINGS

The remaining findings are reportedly being
given attention by Academy personnel. We
will review the Academy’s progress towards
the implementation of our recommendations
in our next State compliance examination.

AUDITOR’S OPINIONS

The auditors stated the financial
statements of the General Fund, the IMSA
Special Purposes Trust Fund, the IMSA
Income Fund, the IMSA Operating Fund, and
the IMSA Student Activity Fund as of and
for the year ended June 30, 2025, are
fairly stated in all material respects.

ACCOUNTANT’S OPINION

The accountants conducted a State
compliance examination of the Academy for
the year ended June 30, 2025, as required
by the Illinois State Auditing Act.  The
accountants stated the Academy complied, in
all material respects, with the
requirements described in the report.

This State compliance examination was
conducted by Borschnack, Pelletier & Co.

COURTNEY DZIERWA
Division Director

This report is transmitted in accordance
with Section 3-14 of the Illinois State
Auditing Act.

FRANK J. MAUTINO
Auditor General

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