FAC Explorer

Audit 292474

FY End
2023-05-31
Total Expended
$3.96M
Findings
2
Programs
4
Organization: Texas Association for the Education of Young Children, Inc. (TX)
Year: 2023 Accepted: 2024-02-27
Auditor: Sutton Frost Cary LLP

Organization Exclusion Status:

Findings

ID Ref Severity Repeat Requirement
370796 2023-001 Material Weakness - I
947238 2023-001 Material Weakness - I

Programs

ALN Program Spent Major Findings
84.371 Striving Readers $882,635 Yes 1
93.575 Child Care and Development Block Grant $311,278 - 0
93.600 Head Start $30,000 - 0
21.027 Coronavirus State and Local Fiscal Recovery Funds $11,300 - 0

Contacts

Name Title Type
CZ8NMLDC4RJ9 Casey Cole Auditee
5122158142 Deanna Auditor
No contacts on file

Notes to SEFA

Title: Basis of Presentation Accounting Policies: 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. De Minimis Rate Used: N Rate Explanation: The Organization has not elected to use the 10 percent de minimis indirect cost rate as allowed under the Uniform Guidance. The accompanying schedule of expenditures of federal awards (Schedule) includes the federal grant activity of Texas Association for the Education of Young Children, Inc. (Organization) and is presented on the accrual basis of accounting. The information in this Schedule is presented in accordance with the audit 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 only presents a selected portion of the operations of the Organization, it is not intended and does not present the financial position, changes in net assets, or cash flows of the Organization.

Finding Details

Finding 2023-001
Procurement – Material weakness in internal control over compliance and compliance finding. Criteria: Organization is required to comply with procurement principles as detailed in Section 200.320 of the Code of Federal Regulations. Condition: During procurement testing it was noted that the Organization did not issue a request for proposal or obtain multiple proposals for a contract in excess of the $250,000 formal procurement requirement threshold. Effect: The Organization was not in compliance with federal procurement principles. Recommendation: The Organization should implement controls to ensure compliance with federal procurement policies including a checklist for large purchases that mirrors federal procurement requirements. Management’s Response: See corrective action plan.
Finding 2023-001
Procurement – Material weakness in internal control over compliance and compliance finding. Criteria: Organization is required to comply with procurement principles as detailed in Section 200.320 of the Code of Federal Regulations. Condition: During procurement testing it was noted that the Organization did not issue a request for proposal or obtain multiple proposals for a contract in excess of the $250,000 formal procurement requirement threshold. Effect: The Organization was not in compliance with federal procurement principles. Recommendation: The Organization should implement controls to ensure compliance with federal procurement policies including a checklist for large purchases that mirrors federal procurement requirements. Management’s Response: See corrective action plan.