FAC Explorer

Audit 294512

FY End
2023-06-30
Total Expended
$1.39M
Findings
2
Programs
3
Organization: Community and Economic Development Organization of Gadsden County, Inc. (FL)
Year: 2023 Accepted: 2024-03-11
Auditor: James Moore & CO P L

Organization Exclusion Status:

Findings

ID Ref Severity Repeat Requirement
375455 2023-004 Material Weakness - AB
951897 2023-004 Material Weakness - AB

Programs

ALN Program Spent Major Findings
84.425 Covid-19 Education Stabilization Fund $1.03M Yes 1
84.010 Title I Grants to Local Educational Agencies $284,799 - 0
93.575 Covid-19 Child Care and Development Block Grant $69,783 - 0

Contacts

Name Title Type
ER8AHMAHL2Y8 Roxanne Johnson Auditee
8508771040 Mark Payne 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 allowed or are limited as to reimbursement. De Minimis Rate Used: N Rate Explanation: The School has elected not to use the 10 percent de minimis indirect cost rate as allowed under Uniform Guidance. The accompanying Schedule of Expenditures of Federal Awards (the Schedule) includes the Federal awards activity of the School under programs of the federal and state government for the year ended June 30, 2023, 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 the School it is not intended to and does not present the financial position, changes in net assets, or cash flows of the School.
Title: Subrecipients 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 allowed or are limited as to reimbursement. De Minimis Rate Used: N Rate Explanation: The School has elected not to use the 10 percent de minimis indirect cost rate as allowed under Uniform Guidance. For the year ended June 30, 2023, there were no amounts passed through to subrecipients

Finding Details

Finding 2023-004
Information on the Federal Program: Assistance Listing Number 84.425U Education Stabilization Fund Compliance Requirement: Allowable Costs Condition and Criteria: All grant reimbursement requests should be supported by applicable source documentation. During our testing, we noted the certain costs were charged to the grant twice by duplicate invoices. Cause: The School included duplicate invoices in requests for reimbursements to the School District. We noted 4 deviations of 40 invoices tested. Effect: The School could be reimbursed for activities unallowed, which could require repayment. Known Questioned Costs: $37,040 Recommendation: We recommend that policies be implemented to ensure reimbursements include applicable invoices as support.
Finding 2023-004
Information on the Federal Program: Assistance Listing Number 84.425U Education Stabilization Fund Compliance Requirement: Allowable Costs Condition and Criteria: All grant reimbursement requests should be supported by applicable source documentation. During our testing, we noted the certain costs were charged to the grant twice by duplicate invoices. Cause: The School included duplicate invoices in requests for reimbursements to the School District. We noted 4 deviations of 40 invoices tested. Effect: The School could be reimbursed for activities unallowed, which could require repayment. Known Questioned Costs: $37,040 Recommendation: We recommend that policies be implemented to ensure reimbursements include applicable invoices as support.