FAC Explorer

Audit 290887

FY End
2022-12-31
Total Expended
$1.19M
Findings
2
Programs
3
Organization: U.s. Dream Academy, Inc. (MD)
Year: 2022 Accepted: 2024-02-16
Auditor: Carr Riggs & Ingram LLC

Organization Exclusion Status:

Findings

ID Ref Severity Repeat Requirement
369566 2022-002 Significant Deficiency - I
946008 2022-002 Significant Deficiency - I

Programs

ALN Program Spent Major Findings
16.726 Juvenile Mentoring Program $593,656 Yes 1
16.818 Children Exposed to Violence $435,814 - 0
84.425U Covid-19 Elementary and Secondary School Emergencey Relief $51,826 - 0

Contacts

Name Title Type
ZDG8FAN8SBD8 Richard White Auditee
4107727143 Alyssa Hill Auditor
No contacts on file

Notes to SEFA

Title: BASIS OF PRESENTATION Accounting Policies: Expenditures presented on the Schedule are reported on the accrual basis of accounting. Such expenditures are recognized following the cost principles as found in the Uniform Guidance for federal awards. The Academy did not receive any federal noncash assistance for the year ended December 31, 2022. De Minimis Rate Used: Y Rate Explanation: The Organization has elected to use the 10% de minimus indirect cost rate allowed under the Uniform Guidance. The accompanying Schedule of Expenditures of Federal Awards (the Schedule) presents the Federal award program expenditures of the Academy for the year ended December 31, 2022. The information in this schedule 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). Therefore, some amounts presented in this Schedule may differ from amounts presented in or used in the preparation of the Academy’s financial statements.
Title: RELATIONSHIP TO FINANCIAL REPORTS SUBMITTED TO GRANTOR AGENCIES Accounting Policies: Expenditures presented on the Schedule are reported on the accrual basis of accounting. Such expenditures are recognized following the cost principles as found in the Uniform Guidance for federal awards. The Academy did not receive any federal noncash assistance for the year ended December 31, 2022. De Minimis Rate Used: Y Rate Explanation: The Organization has elected to use the 10% de minimus indirect cost rate allowed under the Uniform Guidance. Amount reflected in the financial reports filed with grantor agencies for the programs may not agree because of accrual included in the next report filed with the agencies and different program year ends.
Title: FEDERAL ASSISTANCE RECONCILIATION Accounting Policies: Expenditures presented on the Schedule are reported on the accrual basis of accounting. Such expenditures are recognized following the cost principles as found in the Uniform Guidance for federal awards. The Academy did not receive any federal noncash assistance for the year ended December 31, 2022. De Minimis Rate Used: Y Rate Explanation: The Organization has elected to use the 10% de minimus indirect cost rate allowed under the Uniform Guidance. Federal revenue reconciliation

Finding Details

Finding 2022-002
U.S. Department of Justice Pass-through Office of Juvenile Justice and Delinquency Prevention 16.726 Juvenile Mentoring Program Grant Period 10/1/2020-9/30/2023 Pass through Contract Number: 2020-JU-FX-0009 Criteria: Under 2 CFR Section 200.303(a), non-federal entities must establish and maintain effective internal controls to provide reasonable assurance that the entity is managing the federal awards in compliance with statutes, regulations, and the terms and conditions of the award. Condition: While the Academy has adopted controls over compliance requirements related to suspension and debarment, the controls have not been consistently implemented during the year. Effect: Without internal controls operating effectively, it is possible that the Academy could be at risk to be out of compliance with the compliance requirements. Cause: Oversight by the Academy to annually verify suspension and debarment of eligible vendors/consultants did not occur. Questioned Costs: None. Perspective: No observable evidence of controls being implemented on the above compliance requirement. Repeat Finding: No Auditors’ Recommendation: The Academy should establish procedures to ensure that controls related to suspension and debarment are consistently implemented. Views of Responsible Officials: See corrective action plan
Finding 2022-002
U.S. Department of Justice Pass-through Office of Juvenile Justice and Delinquency Prevention 16.726 Juvenile Mentoring Program Grant Period 10/1/2020-9/30/2023 Pass through Contract Number: 2020-JU-FX-0009 Criteria: Under 2 CFR Section 200.303(a), non-federal entities must establish and maintain effective internal controls to provide reasonable assurance that the entity is managing the federal awards in compliance with statutes, regulations, and the terms and conditions of the award. Condition: While the Academy has adopted controls over compliance requirements related to suspension and debarment, the controls have not been consistently implemented during the year. Effect: Without internal controls operating effectively, it is possible that the Academy could be at risk to be out of compliance with the compliance requirements. Cause: Oversight by the Academy to annually verify suspension and debarment of eligible vendors/consultants did not occur. Questioned Costs: None. Perspective: No observable evidence of controls being implemented on the above compliance requirement. Repeat Finding: No Auditors’ Recommendation: The Academy should establish procedures to ensure that controls related to suspension and debarment are consistently implemented. Views of Responsible Officials: See corrective action plan