FAC Explorer

Audit 19543

FY End
2022-06-30
Total Expended
$7.62M
Findings
2
Programs
13
Organization: Greenwood Charter School (UT)
Year: 2022 Accepted: 2023-01-22
Auditor: Eide Bailly LLP

Organization Exclusion Status:

Findings

ID Ref Severity Repeat Requirement
15892 2022-001 Material Weakness - L
592334 2022-001 Material Weakness - L

Programs

ALN Program Spent Major Findings
10.766 Community Facilities Loans and Grants $6.92M Yes 1
10.555 National School Lunch Program $163,893 - 0
84.027 Special Education_grants to States $143,383 - 0
84.425 Covid-19 Elementary and Secondary School Education Relief III $99,275 - 0
10.553 School Breakfast Program $86,695 - 0
84.425 Covid-19 Elementary and Secondary School Education Relief II $72,457 - 0
84.010 Title I Grants to Local Educational Agencies $67,082 - 0
84.425 Covid-19 Elementary and Secondary School Education Relief $20,466 - 0
84.027 Covid-19 Special Education Grants to States-Arp $15,324 - 0
84.367 Improving Teacher Quality State Grants $10,110 - 0
84.424 Title IV Student Support and Academic Enrichment $10,000 - 0
84.425 Covid-19 Elementary and Secondary School Emergency Relief-American Rescue Plan $8,999 - 0
84.173 Special Education_preschool Grants $2,982 - 0

Contacts

Name Title Type
DQMLYKYJMDN5 Tracey Nelsen Auditee
4352592277 Paul Skeen Auditor
No contacts on file

Notes to SEFA

Accounting Policies: The accompanying schedule of expenditures of federal awards (the schedule) includes the federal award activity of the Greenwood Charter School (the Organization) under programs of the federal government for the year ended June 30, 2022. The information is presented in accordance with the requirements of Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance). Because the schedule presents only a selected portion of the operations of Greenwood Charter School, it is not intended to and does not present the financial position, changes in net position, or changes in fund balance of Greenwood Charter School. Expenditures reported in the schedule are reported on the modified 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. No federal financial assistance has been provided to a subrecipient. De Minimis Rate Used: N Rate Explanation: The auditee did not use the de minimis cost rate.

Finding Details

Finding 2022-001
2022-001 U.S. Department of Agriculture, Federal Financial Assistance Listing #10.766 Community Facilities Loans and Grants Reporting Material Weakness in Internal Control Over Compliance and Noncompliance Criteria: Greenwood Charter School should have policies and procedures in place to ensure audited financial statements and budgetary information are submitted annually to the USDA. Condition: In connection with the audit procedures performed, it was noted that the required reports were not submitted to the USDA. Greenwood Charter School?s system of internal control did not include procedures related to reporting to the USDA. Cause: Greenwood Charter School was unaware of the requirement to provide the required reports to the USDA. Effect: The School is not in compliance with USDA loan requirements. Questioned Costs: None reported Context: In connection the audit procedures performed, it was noted that the required reports were not submitted to the USDA. Repeat Finding from Prior Years: No Recommendation: Greenwood Charter School should submit the required audited financial statements and budgetary information to the USDA. Views of Responsible Officials: Management agrees with this finding.
Finding 2022-001
2022-001 U.S. Department of Agriculture, Federal Financial Assistance Listing #10.766 Community Facilities Loans and Grants Reporting Material Weakness in Internal Control Over Compliance and Noncompliance Criteria: Greenwood Charter School should have policies and procedures in place to ensure audited financial statements and budgetary information are submitted annually to the USDA. Condition: In connection with the audit procedures performed, it was noted that the required reports were not submitted to the USDA. Greenwood Charter School?s system of internal control did not include procedures related to reporting to the USDA. Cause: Greenwood Charter School was unaware of the requirement to provide the required reports to the USDA. Effect: The School is not in compliance with USDA loan requirements. Questioned Costs: None reported Context: In connection the audit procedures performed, it was noted that the required reports were not submitted to the USDA. Repeat Finding from Prior Years: No Recommendation: Greenwood Charter School should submit the required audited financial statements and budgetary information to the USDA. Views of Responsible Officials: Management agrees with this finding.