FAC Explorer

Audit 294761

FY End
2023-06-30
Total Expended
$1.09M
Findings
4
Programs
7
Organization: Namaste Charter School, INC (IL)
Year: 2023 Accepted: 2024-03-12
Auditor: Orba

Organization Exclusion Status:

Findings

ID Ref Severity Repeat Requirement
375689 2023-002 Material Weakness - B
375690 2023-002 Material Weakness - B
952131 2023-002 Material Weakness - B
952132 2023-002 Material Weakness - B

Programs

ALN Program Spent Major Findings
84.425 Education Stabilization Fund $471,045 Yes 1
84.010 Title I Grants to Local Educational Agencies $232,202 - 0
32.009 Emergency Connectivity Fund Program $74,140 - 0
10.553 School Breakfast Program $29,931 - 0
10.555 National School Lunch Program $19,305 - 0
84.367 Supporting Effective Instruction State Grants $12,805 - 0
10.558 Child and Adult Care Food Program $12,243 - 0

Contacts

Name Title Type
LSFPLKJFY474 Tracy Smith-Jackson Auditee
7737159558 James Quaid Auditor
No contacts on file

Notes to SEFA

Title: Insurance, loans, or loan guarantees Accounting Policies: The accompanying schedule of expenditures of federal awards (the Schedule) includes the federal grant activity of Namaste Charter School, Inc. and is presented on the accrual basis of accounting. The information in this Schedule is presented in accordance with the requirements of Title 2 U.S. Code of Federal Regulations (CFR) 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 Namaste Charter School, Inc., it is not intended to and does not present the financial position, changes in net assets or cash flows of Namaste Charter School, Inc. De Minimis Rate Used: N Rate Explanation: Namaste Charter School, Inc. has elected not to use the 10 percent de minimis indirect cost rate under the Uniform Guidance. There were no insurance, loans, or loan guarantees outstanding as of and for the year ended June 30, 2023.
Title: Subrecipients Accounting Policies: The accompanying schedule of expenditures of federal awards (the Schedule) includes the federal grant activity of Namaste Charter School, Inc. and is presented on the accrual basis of accounting. The information in this Schedule is presented in accordance with the requirements of Title 2 U.S. Code of Federal Regulations (CFR) 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 Namaste Charter School, Inc., it is not intended to and does not present the financial position, changes in net assets or cash flows of Namaste Charter School, Inc. De Minimis Rate Used: N Rate Explanation: Namaste Charter School, Inc. has elected not to use the 10 percent de minimis indirect cost rate under the Uniform Guidance. There were no amounts provided to subrecipients from any federal program during the year ended June 30, 2023.
Title: Federal awards for endowment funds Accounting Policies: The accompanying schedule of expenditures of federal awards (the Schedule) includes the federal grant activity of Namaste Charter School, Inc. and is presented on the accrual basis of accounting. The information in this Schedule is presented in accordance with the requirements of Title 2 U.S. Code of Federal Regulations (CFR) 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 Namaste Charter School, Inc., it is not intended to and does not present the financial position, changes in net assets or cash flows of Namaste Charter School, Inc. De Minimis Rate Used: N Rate Explanation: Namaste Charter School, Inc. has elected not to use the 10 percent de minimis indirect cost rate under the Uniform Guidance. There were no federal awards for endowment funds that are federally restricted at year-end.
Title: Value of non-cash commodities Accounting Policies: The accompanying schedule of expenditures of federal awards (the Schedule) includes the federal grant activity of Namaste Charter School, Inc. and is presented on the accrual basis of accounting. The information in this Schedule is presented in accordance with the requirements of Title 2 U.S. Code of Federal Regulations (CFR) 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 Namaste Charter School, Inc., it is not intended to and does not present the financial position, changes in net assets or cash flows of Namaste Charter School, Inc. De Minimis Rate Used: N Rate Explanation: Namaste Charter School, Inc. has elected not to use the 10 percent de minimis indirect cost rate under the Uniform Guidance. The value of non-cash commodities provided by the Illinois State Board of Education under the National School Lunch Program was $19,305 during the year ended June 30, 2023.

Finding Details

Finding 2023-002
Major Federal Award Programs Findings and Questioned Costs Material weakness 2023-002 Review and approval of claims (related to Education Stabilization Fund - COVID-19 Elementary and Secondary School Emergency Relief (ESSER) Fund 84.425D and COVID-19 American Rescue Plan Elementary and Secondary School Emergency Relief (ARP ESSER) Fund 84.425U) Criteria Management should review and approve claims to determine they represent allowable costs, as defined in the OMB Compliance Supplement, prior to submitting for reimbursement. Condition During the year ended June 30, 2023, management did not review and approve claims to determine they represent allowable costs, as defined in the OMB Compliance Supplement, prior to submitting for reimbursement. Cause and effect Management did not review and approve claims to determine they represent allowable costs, as defined in the OMB Compliance Supplement, prior to submitting for reimbursement which could have resulted in claim submissions for unallowable costs. Recommendation We recommend that management review and approve claims to determine they represent allowable costs, as defined in the OMB Compliance Supplement, prior to submitting for reimbursement. The review and approval should be performed by someone independent of the person who is submitting the claims. Views of responsible officials and planned corrective actions Management notes the recommendation. Moving forward, the Director of HR, Finance, and Operations will enter claims into Oracle, in accordance with the CPS plan, and the accountant will review the claims and post to the accounting system. Finance committee meetings go over invoicing of claims and keep track based on budgeted numbers. Variances are discussed and documented in these meetings.
Finding 2023-002
Major Federal Award Programs Findings and Questioned Costs Material weakness 2023-002 Review and approval of claims (related to Education Stabilization Fund - COVID-19 Elementary and Secondary School Emergency Relief (ESSER) Fund 84.425D and COVID-19 American Rescue Plan Elementary and Secondary School Emergency Relief (ARP ESSER) Fund 84.425U) Criteria Management should review and approve claims to determine they represent allowable costs, as defined in the OMB Compliance Supplement, prior to submitting for reimbursement. Condition During the year ended June 30, 2023, management did not review and approve claims to determine they represent allowable costs, as defined in the OMB Compliance Supplement, prior to submitting for reimbursement. Cause and effect Management did not review and approve claims to determine they represent allowable costs, as defined in the OMB Compliance Supplement, prior to submitting for reimbursement which could have resulted in claim submissions for unallowable costs. Recommendation We recommend that management review and approve claims to determine they represent allowable costs, as defined in the OMB Compliance Supplement, prior to submitting for reimbursement. The review and approval should be performed by someone independent of the person who is submitting the claims. Views of responsible officials and planned corrective actions Management notes the recommendation. Moving forward, the Director of HR, Finance, and Operations will enter claims into Oracle, in accordance with the CPS plan, and the accountant will review the claims and post to the accounting system. Finance committee meetings go over invoicing of claims and keep track based on budgeted numbers. Variances are discussed and documented in these meetings.
Finding 2023-002
Major Federal Award Programs Findings and Questioned Costs Material weakness 2023-002 Review and approval of claims (related to Education Stabilization Fund - COVID-19 Elementary and Secondary School Emergency Relief (ESSER) Fund 84.425D and COVID-19 American Rescue Plan Elementary and Secondary School Emergency Relief (ARP ESSER) Fund 84.425U) Criteria Management should review and approve claims to determine they represent allowable costs, as defined in the OMB Compliance Supplement, prior to submitting for reimbursement. Condition During the year ended June 30, 2023, management did not review and approve claims to determine they represent allowable costs, as defined in the OMB Compliance Supplement, prior to submitting for reimbursement. Cause and effect Management did not review and approve claims to determine they represent allowable costs, as defined in the OMB Compliance Supplement, prior to submitting for reimbursement which could have resulted in claim submissions for unallowable costs. Recommendation We recommend that management review and approve claims to determine they represent allowable costs, as defined in the OMB Compliance Supplement, prior to submitting for reimbursement. The review and approval should be performed by someone independent of the person who is submitting the claims. Views of responsible officials and planned corrective actions Management notes the recommendation. Moving forward, the Director of HR, Finance, and Operations will enter claims into Oracle, in accordance with the CPS plan, and the accountant will review the claims and post to the accounting system. Finance committee meetings go over invoicing of claims and keep track based on budgeted numbers. Variances are discussed and documented in these meetings.
Finding 2023-002
Major Federal Award Programs Findings and Questioned Costs Material weakness 2023-002 Review and approval of claims (related to Education Stabilization Fund - COVID-19 Elementary and Secondary School Emergency Relief (ESSER) Fund 84.425D and COVID-19 American Rescue Plan Elementary and Secondary School Emergency Relief (ARP ESSER) Fund 84.425U) Criteria Management should review and approve claims to determine they represent allowable costs, as defined in the OMB Compliance Supplement, prior to submitting for reimbursement. Condition During the year ended June 30, 2023, management did not review and approve claims to determine they represent allowable costs, as defined in the OMB Compliance Supplement, prior to submitting for reimbursement. Cause and effect Management did not review and approve claims to determine they represent allowable costs, as defined in the OMB Compliance Supplement, prior to submitting for reimbursement which could have resulted in claim submissions for unallowable costs. Recommendation We recommend that management review and approve claims to determine they represent allowable costs, as defined in the OMB Compliance Supplement, prior to submitting for reimbursement. The review and approval should be performed by someone independent of the person who is submitting the claims. Views of responsible officials and planned corrective actions Management notes the recommendation. Moving forward, the Director of HR, Finance, and Operations will enter claims into Oracle, in accordance with the CPS plan, and the accountant will review the claims and post to the accounting system. Finance committee meetings go over invoicing of claims and keep track based on budgeted numbers. Variances are discussed and documented in these meetings.