FAC Explorer

Audit 298054

FY End
2023-06-30
Total Expended
$817,051
Findings
8
Programs
4
Organization: Emmaus Bible College (IA)
Year: 2023 Accepted: 2024-03-26
Auditor: Capincrouse LLP

Organization Exclusion Status:

Findings

ID Ref Severity Repeat Requirement
384991 2023-004 Significant Deficiency - N
384992 2023-004 Significant Deficiency - N
384993 2023-004 Significant Deficiency - N
384994 2023-004 Significant Deficiency - N
961433 2023-004 Significant Deficiency - N
961434 2023-004 Significant Deficiency - N
961435 2023-004 Significant Deficiency - N
961436 2023-004 Significant Deficiency - N

Programs

ALN Program Spent Major Findings
84.063 Federal Pell Grant Program $434,616 Yes 1
84.268 Federal Direct Student Loans $363,005 Yes 1
84.007 Federal Supplemental Educational Opportunity Grants $10,125 Yes 1
84.033 Federal Work-Study Program $9,305 Yes 1

Contacts

Name Title Type
G7LFNL15CJ13 Steve Seeman Auditee
5635885000 Doug McVey, CPA Auditor
No contacts on file

Notes to SEFA

Title: RELATIONSHIP TO FINANCIAL STATEMENTS Accounting Policies: The accompanying schedule of expenditures of federal awards (the schedule) includes the federal grant activity of Emmaus Bible College (College) under programs of the federal government for the year ending June 30, 2023. The information in the schedule is presented in accordance with the requirements of the 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 the schedule may differ from amounts presented in, or used in the preparation of, the basic financial statements. Expenditures in 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. Negative amounts shown on the schedule represent adjustments or credits made in the normal course of business to amounts reported as expenditures in prior years. If the College is required to match certain federal assistance, as defined by the grant agreements, no such matching has been included as expenditures in the schedule. De Minimis Rate Used: N Rate Explanation: The auditee did not use the de minimis cost rate See the Notes to the SEFA for chart/table
Title: SUBRECIPIENTS, NON-CASH ASSISTANCE, FEDERAL INSURANCE, LOANS, AND LOAN GUARANTEES Accounting Policies: The accompanying schedule of expenditures of federal awards (the schedule) includes the federal grant activity of Emmaus Bible College (College) under programs of the federal government for the year ending June 30, 2023. The information in the schedule is presented in accordance with the requirements of the 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 the schedule may differ from amounts presented in, or used in the preparation of, the basic financial statements. Expenditures in 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. Negative amounts shown on the schedule represent adjustments or credits made in the normal course of business to amounts reported as expenditures in prior years. If the College is required to match certain federal assistance, as defined by the grant agreements, no such matching has been included as expenditures in the schedule. De Minimis Rate Used: N Rate Explanation: The auditee did not use the de minimis cost rate The College did not provide any federal funds to subrecipients nor did they receive any federal non-cash assistance, insurance, loans, or loan guarantees.

Finding Details

Finding 2023-004
Gramm-Leach-Bliley Act (GLBA) Compliance Significant Deficiency DEPARTMENT OF EDUCATION ALN #: 84.268, 84.063, 84.007, and 84.033-Student Financial Assistance Cluster Federal Award Identification #: 2022-2023 Financial Aid Year Condition: Emmaus Bible College did not sufficiently comply with all the requirements of GLBA. Criteria: 16 CFR 314.4 Questioned Costs: $-0- Context: Emmaus Bible College has not sufficiently documented its security risk assessment, implemented all required safeguards under the revised legislation, implemented multi-factor authentication on all systems containing personally identifiable information (PII), implemented policies and procedures that support employee and information security staff training, and provided a written, annual report to the board. Cause: Emmaus Bible College has made progress in addressing and documenting compliance with the requirements of GLBA but has remaining areas to improve or fully implement. Effect: Emmaus Bible College has not adequately addressed the requirements of GLBA, which may lead to unintended exposure of student information to security risks. Identification as repeat finding, if applicable: Not applicable Recommendation: We recommend Emmaus Bible College allocate sufficient resources to address all requirements of GLBA. Views of Responsible Officials and Planned Corrective Action: Management agrees with the finding. See corrective action plan.
Finding 2023-004
Gramm-Leach-Bliley Act (GLBA) Compliance Significant Deficiency DEPARTMENT OF EDUCATION ALN #: 84.268, 84.063, 84.007, and 84.033-Student Financial Assistance Cluster Federal Award Identification #: 2022-2023 Financial Aid Year Condition: Emmaus Bible College did not sufficiently comply with all the requirements of GLBA. Criteria: 16 CFR 314.4 Questioned Costs: $-0- Context: Emmaus Bible College has not sufficiently documented its security risk assessment, implemented all required safeguards under the revised legislation, implemented multi-factor authentication on all systems containing personally identifiable information (PII), implemented policies and procedures that support employee and information security staff training, and provided a written, annual report to the board. Cause: Emmaus Bible College has made progress in addressing and documenting compliance with the requirements of GLBA but has remaining areas to improve or fully implement. Effect: Emmaus Bible College has not adequately addressed the requirements of GLBA, which may lead to unintended exposure of student information to security risks. Identification as repeat finding, if applicable: Not applicable Recommendation: We recommend Emmaus Bible College allocate sufficient resources to address all requirements of GLBA. Views of Responsible Officials and Planned Corrective Action: Management agrees with the finding. See corrective action plan.
Finding 2023-004
Gramm-Leach-Bliley Act (GLBA) Compliance Significant Deficiency DEPARTMENT OF EDUCATION ALN #: 84.268, 84.063, 84.007, and 84.033-Student Financial Assistance Cluster Federal Award Identification #: 2022-2023 Financial Aid Year Condition: Emmaus Bible College did not sufficiently comply with all the requirements of GLBA. Criteria: 16 CFR 314.4 Questioned Costs: $-0- Context: Emmaus Bible College has not sufficiently documented its security risk assessment, implemented all required safeguards under the revised legislation, implemented multi-factor authentication on all systems containing personally identifiable information (PII), implemented policies and procedures that support employee and information security staff training, and provided a written, annual report to the board. Cause: Emmaus Bible College has made progress in addressing and documenting compliance with the requirements of GLBA but has remaining areas to improve or fully implement. Effect: Emmaus Bible College has not adequately addressed the requirements of GLBA, which may lead to unintended exposure of student information to security risks. Identification as repeat finding, if applicable: Not applicable Recommendation: We recommend Emmaus Bible College allocate sufficient resources to address all requirements of GLBA. Views of Responsible Officials and Planned Corrective Action: Management agrees with the finding. See corrective action plan.
Finding 2023-004
Gramm-Leach-Bliley Act (GLBA) Compliance Significant Deficiency DEPARTMENT OF EDUCATION ALN #: 84.268, 84.063, 84.007, and 84.033-Student Financial Assistance Cluster Federal Award Identification #: 2022-2023 Financial Aid Year Condition: Emmaus Bible College did not sufficiently comply with all the requirements of GLBA. Criteria: 16 CFR 314.4 Questioned Costs: $-0- Context: Emmaus Bible College has not sufficiently documented its security risk assessment, implemented all required safeguards under the revised legislation, implemented multi-factor authentication on all systems containing personally identifiable information (PII), implemented policies and procedures that support employee and information security staff training, and provided a written, annual report to the board. Cause: Emmaus Bible College has made progress in addressing and documenting compliance with the requirements of GLBA but has remaining areas to improve or fully implement. Effect: Emmaus Bible College has not adequately addressed the requirements of GLBA, which may lead to unintended exposure of student information to security risks. Identification as repeat finding, if applicable: Not applicable Recommendation: We recommend Emmaus Bible College allocate sufficient resources to address all requirements of GLBA. Views of Responsible Officials and Planned Corrective Action: Management agrees with the finding. See corrective action plan.
Finding 2023-004
Gramm-Leach-Bliley Act (GLBA) Compliance Significant Deficiency DEPARTMENT OF EDUCATION ALN #: 84.268, 84.063, 84.007, and 84.033-Student Financial Assistance Cluster Federal Award Identification #: 2022-2023 Financial Aid Year Condition: Emmaus Bible College did not sufficiently comply with all the requirements of GLBA. Criteria: 16 CFR 314.4 Questioned Costs: $-0- Context: Emmaus Bible College has not sufficiently documented its security risk assessment, implemented all required safeguards under the revised legislation, implemented multi-factor authentication on all systems containing personally identifiable information (PII), implemented policies and procedures that support employee and information security staff training, and provided a written, annual report to the board. Cause: Emmaus Bible College has made progress in addressing and documenting compliance with the requirements of GLBA but has remaining areas to improve or fully implement. Effect: Emmaus Bible College has not adequately addressed the requirements of GLBA, which may lead to unintended exposure of student information to security risks. Identification as repeat finding, if applicable: Not applicable Recommendation: We recommend Emmaus Bible College allocate sufficient resources to address all requirements of GLBA. Views of Responsible Officials and Planned Corrective Action: Management agrees with the finding. See corrective action plan.
Finding 2023-004
Gramm-Leach-Bliley Act (GLBA) Compliance Significant Deficiency DEPARTMENT OF EDUCATION ALN #: 84.268, 84.063, 84.007, and 84.033-Student Financial Assistance Cluster Federal Award Identification #: 2022-2023 Financial Aid Year Condition: Emmaus Bible College did not sufficiently comply with all the requirements of GLBA. Criteria: 16 CFR 314.4 Questioned Costs: $-0- Context: Emmaus Bible College has not sufficiently documented its security risk assessment, implemented all required safeguards under the revised legislation, implemented multi-factor authentication on all systems containing personally identifiable information (PII), implemented policies and procedures that support employee and information security staff training, and provided a written, annual report to the board. Cause: Emmaus Bible College has made progress in addressing and documenting compliance with the requirements of GLBA but has remaining areas to improve or fully implement. Effect: Emmaus Bible College has not adequately addressed the requirements of GLBA, which may lead to unintended exposure of student information to security risks. Identification as repeat finding, if applicable: Not applicable Recommendation: We recommend Emmaus Bible College allocate sufficient resources to address all requirements of GLBA. Views of Responsible Officials and Planned Corrective Action: Management agrees with the finding. See corrective action plan.
Finding 2023-004
Gramm-Leach-Bliley Act (GLBA) Compliance Significant Deficiency DEPARTMENT OF EDUCATION ALN #: 84.268, 84.063, 84.007, and 84.033-Student Financial Assistance Cluster Federal Award Identification #: 2022-2023 Financial Aid Year Condition: Emmaus Bible College did not sufficiently comply with all the requirements of GLBA. Criteria: 16 CFR 314.4 Questioned Costs: $-0- Context: Emmaus Bible College has not sufficiently documented its security risk assessment, implemented all required safeguards under the revised legislation, implemented multi-factor authentication on all systems containing personally identifiable information (PII), implemented policies and procedures that support employee and information security staff training, and provided a written, annual report to the board. Cause: Emmaus Bible College has made progress in addressing and documenting compliance with the requirements of GLBA but has remaining areas to improve or fully implement. Effect: Emmaus Bible College has not adequately addressed the requirements of GLBA, which may lead to unintended exposure of student information to security risks. Identification as repeat finding, if applicable: Not applicable Recommendation: We recommend Emmaus Bible College allocate sufficient resources to address all requirements of GLBA. Views of Responsible Officials and Planned Corrective Action: Management agrees with the finding. See corrective action plan.
Finding 2023-004
Gramm-Leach-Bliley Act (GLBA) Compliance Significant Deficiency DEPARTMENT OF EDUCATION ALN #: 84.268, 84.063, 84.007, and 84.033-Student Financial Assistance Cluster Federal Award Identification #: 2022-2023 Financial Aid Year Condition: Emmaus Bible College did not sufficiently comply with all the requirements of GLBA. Criteria: 16 CFR 314.4 Questioned Costs: $-0- Context: Emmaus Bible College has not sufficiently documented its security risk assessment, implemented all required safeguards under the revised legislation, implemented multi-factor authentication on all systems containing personally identifiable information (PII), implemented policies and procedures that support employee and information security staff training, and provided a written, annual report to the board. Cause: Emmaus Bible College has made progress in addressing and documenting compliance with the requirements of GLBA but has remaining areas to improve or fully implement. Effect: Emmaus Bible College has not adequately addressed the requirements of GLBA, which may lead to unintended exposure of student information to security risks. Identification as repeat finding, if applicable: Not applicable Recommendation: We recommend Emmaus Bible College allocate sufficient resources to address all requirements of GLBA. Views of Responsible Officials and Planned Corrective Action: Management agrees with the finding. See corrective action plan.