FAC Explorer

Audit 19194

FY End
2022-06-30
Total Expended
$41.14M
Findings
4
Programs
17
Organization: Northwest Mississippi Community College (MS)
Year: 2022 Accepted: 2023-09-26
Auditor: Forvis LLP

Organization Exclusion Status:

Findings

ID Ref Severity Repeat Requirement
20291 2022-001 - - P
20292 2022-001 - - P
596733 2022-001 - - P
596734 2022-001 - - P

Programs

ALN Program Spent Major Findings
84.063 Federal Pell Grant Program $13.51M - 0
84.268 Federal Direct Student Loans $4.03M - 0
84.425 Education Stabilization Fund $1.91M Yes 1
17.258 Wia Adult Program $955,613 Yes 0
84.002 Adult Education - Basic Grants to States $598,270 - 0
84.048 Career and Technical Education -- Basic Grants to States $474,298 - 0
17.259 Wia Youth Activities $358,716 Yes 0
84.042 Trio_student Support Services $323,293 - 0
84.007 Federal Supplemental Educational Opportunity Grants $307,825 - 0
93.575 Child Care and Development Block Grant $246,629 - 0
17.278 Wia Dislocated Worker Formula Grants $165,423 Yes 0
84.033 Federal Work-Study Program $165,258 - 0
93.558 Temporary Assistance for Needy Families $152,979 - 0
97.036 Disaster Grants - Public Assistance (presidentially Declared Disasters) $67,771 - 0
10.855 Distance Learning and Telemedicine Loans and Grants $35,300 - 0
16.738 Edward Byrne Memorial Justice Assistance Grant Program $3,748 - 0
64.027 Post-9/11 Veterans Educational Assistance $2,544 - 0

Contacts

Name Title Type
KJNWGJ3KDR21 Connie Joseph Auditee
6625623386 Mark Nicolas Auditor
No contacts on file

Notes to SEFA

Title: Indirect Cost Rate Accounting Policies: The accompanying schedule of expenditures of federal awards (the Schedule) includes the federal awardactivity of the Northwest Mississippi Community College under programs of the federal government for the yearended June 30, 2022. The information in the Schedule is presented in accordance with the requirements of Title 2U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and AuditRequirements for Federal Awards (Uniform Guidance). Because the Schedule presents only a selected portion ofthe operations of the College, it is not intended to and does not present the financial position, changes in netposition, or cash flows of the College. Expenditures reported on the Schedule are reported on the accrual basis of accounting. Such expenditures are recognized following the cost principles contained in the Uniform Guidance, wherein certain types of expenditures are not allowable or are limited as to reimbursement. Negative amounts shown on the Schedule representadjustments or credits made in the normal course of business to amounts reported as expenditures in prior years. De Minimis Rate Used: N Rate Explanation: The auditee did not use the de minimis cost rate. The College has a negotiated indirect cost rate of 40%.
Title: Loan or Loan Guarantee Programs Accounting Policies: The accompanying schedule of expenditures of federal awards (the Schedule) includes the federal awardactivity of the Northwest Mississippi Community College under programs of the federal government for the yearended June 30, 2022. The information in the Schedule is presented in accordance with the requirements of Title 2U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and AuditRequirements for Federal Awards (Uniform Guidance). Because the Schedule presents only a selected portion ofthe operations of the College, it is not intended to and does not present the financial position, changes in netposition, or cash flows of the College. Expenditures reported on the Schedule are reported on the accrual basis of accounting. Such expenditures are recognized following the cost principles contained in the Uniform Guidance, wherein certain types of expenditures are not allowable or are limited as to reimbursement. Negative amounts shown on the Schedule representadjustments or credits made in the normal course of business to amounts reported as expenditures in prior years. De Minimis Rate Used: N Rate Explanation: The auditee did not use the de minimis cost rate. The federal award programs of the College had no outstanding loan balances nor were there any loan guaranteesas of June 30, 2022.

Finding Details

Finding 2022-001
Section II: Financial Statements Findings The results of our tests did not disclose any findings related to the financial statements that are required to be reported by Government Auditing Standards. Section III: Federal Awards Findings and Questioned Costs Finding 2022-001: Federal Program- Education Stabilization Fund COVID-19 - HEERF Strengthening Institutions Program and COVID-19 - HEERF Supplemental Assistance to Institutions of Higher Education (SAIHE) Program Assistance Listing Numbers 84.425M and 84.425S U.S. Department of Education Program Year 2021-2022 Other Noncompliance Criteria: Quarterly Public Reporting Condition: The College failed to include all expenditures for the second quarter of 2022 in the required quarterly report. The College is responsible for completing quarterly reports for HEERF and for establishing internal controls to ensure that reports are accurately submitted within federal requirements. Questioned Cost: N/A Context: All expenditures for funds expended by June 30, 2022 were not reported in the quarterly reports. Effect: The College failed to communicate information regarding HEERF Strengthening Institutions Program and HEERF Supplemental Assistance to Institutions of Higher Education (SAIHE) Program funding distributions to the public as required. HEERF Strengthening Institutions Program distributions of $304,971 and HEERF Supplemental Assistance to Institutions of Higher Education (SAIHE) Program distributions of $454,997 were not included in the June 30, 2022 quarterly report. Cause: Management turnover at the end of the fiscal year resulted in several end of year expenditures not being reported. Identification of repeat findings: Not a repeat finding. Recommendation: The College should submit a revised quarterly report that includes all funds expended by June 30, 2022. Views of responsible officials: See Corrective Action Plan
Finding 2022-001
Section II: Financial Statements Findings The results of our tests did not disclose any findings related to the financial statements that are required to be reported by Government Auditing Standards. Section III: Federal Awards Findings and Questioned Costs Finding 2022-001: Federal Program- Education Stabilization Fund COVID-19 - HEERF Strengthening Institutions Program and COVID-19 - HEERF Supplemental Assistance to Institutions of Higher Education (SAIHE) Program Assistance Listing Numbers 84.425M and 84.425S U.S. Department of Education Program Year 2021-2022 Other Noncompliance Criteria: Quarterly Public Reporting Condition: The College failed to include all expenditures for the second quarter of 2022 in the required quarterly report. The College is responsible for completing quarterly reports for HEERF and for establishing internal controls to ensure that reports are accurately submitted within federal requirements. Questioned Cost: N/A Context: All expenditures for funds expended by June 30, 2022 were not reported in the quarterly reports. Effect: The College failed to communicate information regarding HEERF Strengthening Institutions Program and HEERF Supplemental Assistance to Institutions of Higher Education (SAIHE) Program funding distributions to the public as required. HEERF Strengthening Institutions Program distributions of $304,971 and HEERF Supplemental Assistance to Institutions of Higher Education (SAIHE) Program distributions of $454,997 were not included in the June 30, 2022 quarterly report. Cause: Management turnover at the end of the fiscal year resulted in several end of year expenditures not being reported. Identification of repeat findings: Not a repeat finding. Recommendation: The College should submit a revised quarterly report that includes all funds expended by June 30, 2022. Views of responsible officials: See Corrective Action Plan
Finding 2022-001
Section II: Financial Statements Findings The results of our tests did not disclose any findings related to the financial statements that are required to be reported by Government Auditing Standards. Section III: Federal Awards Findings and Questioned Costs Finding 2022-001: Federal Program- Education Stabilization Fund COVID-19 - HEERF Strengthening Institutions Program and COVID-19 - HEERF Supplemental Assistance to Institutions of Higher Education (SAIHE) Program Assistance Listing Numbers 84.425M and 84.425S U.S. Department of Education Program Year 2021-2022 Other Noncompliance Criteria: Quarterly Public Reporting Condition: The College failed to include all expenditures for the second quarter of 2022 in the required quarterly report. The College is responsible for completing quarterly reports for HEERF and for establishing internal controls to ensure that reports are accurately submitted within federal requirements. Questioned Cost: N/A Context: All expenditures for funds expended by June 30, 2022 were not reported in the quarterly reports. Effect: The College failed to communicate information regarding HEERF Strengthening Institutions Program and HEERF Supplemental Assistance to Institutions of Higher Education (SAIHE) Program funding distributions to the public as required. HEERF Strengthening Institutions Program distributions of $304,971 and HEERF Supplemental Assistance to Institutions of Higher Education (SAIHE) Program distributions of $454,997 were not included in the June 30, 2022 quarterly report. Cause: Management turnover at the end of the fiscal year resulted in several end of year expenditures not being reported. Identification of repeat findings: Not a repeat finding. Recommendation: The College should submit a revised quarterly report that includes all funds expended by June 30, 2022. Views of responsible officials: See Corrective Action Plan
Finding 2022-001
Section II: Financial Statements Findings The results of our tests did not disclose any findings related to the financial statements that are required to be reported by Government Auditing Standards. Section III: Federal Awards Findings and Questioned Costs Finding 2022-001: Federal Program- Education Stabilization Fund COVID-19 - HEERF Strengthening Institutions Program and COVID-19 - HEERF Supplemental Assistance to Institutions of Higher Education (SAIHE) Program Assistance Listing Numbers 84.425M and 84.425S U.S. Department of Education Program Year 2021-2022 Other Noncompliance Criteria: Quarterly Public Reporting Condition: The College failed to include all expenditures for the second quarter of 2022 in the required quarterly report. The College is responsible for completing quarterly reports for HEERF and for establishing internal controls to ensure that reports are accurately submitted within federal requirements. Questioned Cost: N/A Context: All expenditures for funds expended by June 30, 2022 were not reported in the quarterly reports. Effect: The College failed to communicate information regarding HEERF Strengthening Institutions Program and HEERF Supplemental Assistance to Institutions of Higher Education (SAIHE) Program funding distributions to the public as required. HEERF Strengthening Institutions Program distributions of $304,971 and HEERF Supplemental Assistance to Institutions of Higher Education (SAIHE) Program distributions of $454,997 were not included in the June 30, 2022 quarterly report. Cause: Management turnover at the end of the fiscal year resulted in several end of year expenditures not being reported. Identification of repeat findings: Not a repeat finding. Recommendation: The College should submit a revised quarterly report that includes all funds expended by June 30, 2022. Views of responsible officials: See Corrective Action Plan