FAC Explorer

Audit 300379

FY End
2023-06-30
Total Expended
$8.09M
Findings
18
Programs
18
Organization: Sisseton-Wahpeton College (SD)
Year: 2023 Accepted: 2024-03-29
Auditor: Brady Martz & Associates PC

Organization Exclusion Status:

Findings

ID Ref Severity Repeat Requirement
389434 2023-002 Significant Deficiency - C
389435 2023-002 Significant Deficiency - C
389436 2023-002 Significant Deficiency - C
389437 2023-002 Significant Deficiency - C
389438 2023-002 Significant Deficiency - C
389439 2023-002 Significant Deficiency - C
389440 2023-002 Significant Deficiency - C
389441 2023-002 Significant Deficiency - C
389442 2023-002 Significant Deficiency - C
965876 2023-002 Significant Deficiency - C
965877 2023-002 Significant Deficiency - C
965878 2023-002 Significant Deficiency - C
965879 2023-002 Significant Deficiency - C
965880 2023-002 Significant Deficiency - C
965881 2023-002 Significant Deficiency - C
965882 2023-002 Significant Deficiency - C
965883 2023-002 Significant Deficiency - C
965884 2023-002 Significant Deficiency - C

Programs

ALN Program Spent Major Findings
15.027 Assistance to Tribally Controlled Community Colleges and Universities $1.70M Yes 0
84.101 Career and Technical Education - Grants to Native Americans and Alaska Natives $643,212 - 0
84.063 Federal Pell Grant Program $595,415 - 0
47.076 Education and Human Resources $476,245 Yes 1
84.031 Higher Education_institutional Aid $433,382 Yes 0
15.114 Indian Education_higher Education Grant Program $289,026 - 0
10.500 Cooperative Extension Service $267,306 - 0
12.630 Basic, Applied, and Advanced Research in Science and Engineering $258,450 - 0
10.766 Community Facilities Loans and Grants $163,812 - 0
84.425 Education Stabilization Fund $128,529 Yes 0
93.859 Biomedical Research and Research Training $93,129 Yes 1
47.083 Integrative Activities $92,036 Yes 1
10.221 Tribal Colleges Education Equity Grants $70,927 - 0
45.311 Native American and Native Hawaiian Library Services $69,211 - 0
84.365 English Language Acquisition State Grants $32,040 - 0
84.007 Federal Supplemental Educational Opportunity Grants $27,432 - 0
84.378 College Access Challenge Grant Program $13,650 - 0
84.033 Federal Work-Study Program $8,475 - 0

Contacts

Name Title Type
LKWYJKHUWMR6 Rhonda Labatte Auditee
6057421114 Matt Laughlin Auditor
No contacts on file

Notes to SEFA

Title: BASIS OF PRESENTATION Accounting Policies: Expenditures reported on the accompanying schedule of expenditures of federal awards (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. No federal financial assistance has been provided to a subrecipient. De Minimis Rate Used: N Rate Explanation: Sisseton-Wahpeton College has not elected to use the 10-percent de minimis indirect cost rate as allowed under the Uniform Guidance. The Schedule includes the federal grant activity of the College under programs of the federal government for the year ended June 30, 2023. 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). Because the Schedule presents only a selected portion of the operations of the College, it is not intended to and does not present the financial position, change in net position, or cash flows of the College.
Title: OUTSTANDING FEDERAL LOAN Accounting Policies: Expenditures reported on the accompanying schedule of expenditures of federal awards (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. No federal financial assistance has been provided to a subrecipient. De Minimis Rate Used: N Rate Explanation: Sisseton-Wahpeton College has not elected to use the 10-percent de minimis indirect cost rate as allowed under the Uniform Guidance. The United States Department of agriculture loaned the College funds for the construction of a student dormitory. Total expenditures as reported on the schedule of expenditures of federal awards under the Community Facilities Loans and Grants program include the beginning of the year loan balance of $398,781. There were no loan advances during the year ended June 30, 2023. The balance of the loan outstanding at June 30, 2023 consists of: SEE TABLE IN THE NOTES TO THE SEFA

Finding Details

Finding 2023-002
Federal Program Research and Development Cluster AL #47.076, AL #47.083, AL #93.859 Criteria The College is required to comply with grant cash management requirements. Condition It was noted the College drew down more cash than they had expenditures to cover. As the grant requirements state that the grant operates on a reimbursement basis, the College was not in compliance with cash management requirements. Questioned Costs None Context We reviewed the College’s drawdown requests and compared them to expenditures incurred, noting more drawdown monies requested than expenditures. Effect The College drew down excess grant funds during the year ended June 30, 2023. Cause Review procedures over grant drawdowns have not been effectively designed and implemented. Repeat Finding Not a repeat finding. Recommendation We recommend the College reviews its policy for reviewing drawdown requests to ensure that an appropriate level of review before the drawdown is submitted. Views of Responsible Officials Management recognizes the deficiency and plans to change the process for how the College calculates the drawdown.
Finding 2023-002
Federal Program Research and Development Cluster AL #47.076, AL #47.083, AL #93.859 Criteria The College is required to comply with grant cash management requirements. Condition It was noted the College drew down more cash than they had expenditures to cover. As the grant requirements state that the grant operates on a reimbursement basis, the College was not in compliance with cash management requirements. Questioned Costs None Context We reviewed the College’s drawdown requests and compared them to expenditures incurred, noting more drawdown monies requested than expenditures. Effect The College drew down excess grant funds during the year ended June 30, 2023. Cause Review procedures over grant drawdowns have not been effectively designed and implemented. Repeat Finding Not a repeat finding. Recommendation We recommend the College reviews its policy for reviewing drawdown requests to ensure that an appropriate level of review before the drawdown is submitted. Views of Responsible Officials Management recognizes the deficiency and plans to change the process for how the College calculates the drawdown.
Finding 2023-002
Federal Program Research and Development Cluster AL #47.076, AL #47.083, AL #93.859 Criteria The College is required to comply with grant cash management requirements. Condition It was noted the College drew down more cash than they had expenditures to cover. As the grant requirements state that the grant operates on a reimbursement basis, the College was not in compliance with cash management requirements. Questioned Costs None Context We reviewed the College’s drawdown requests and compared them to expenditures incurred, noting more drawdown monies requested than expenditures. Effect The College drew down excess grant funds during the year ended June 30, 2023. Cause Review procedures over grant drawdowns have not been effectively designed and implemented. Repeat Finding Not a repeat finding. Recommendation We recommend the College reviews its policy for reviewing drawdown requests to ensure that an appropriate level of review before the drawdown is submitted. Views of Responsible Officials Management recognizes the deficiency and plans to change the process for how the College calculates the drawdown.
Finding 2023-002
Federal Program Research and Development Cluster AL #47.076, AL #47.083, AL #93.859 Criteria The College is required to comply with grant cash management requirements. Condition It was noted the College drew down more cash than they had expenditures to cover. As the grant requirements state that the grant operates on a reimbursement basis, the College was not in compliance with cash management requirements. Questioned Costs None Context We reviewed the College’s drawdown requests and compared them to expenditures incurred, noting more drawdown monies requested than expenditures. Effect The College drew down excess grant funds during the year ended June 30, 2023. Cause Review procedures over grant drawdowns have not been effectively designed and implemented. Repeat Finding Not a repeat finding. Recommendation We recommend the College reviews its policy for reviewing drawdown requests to ensure that an appropriate level of review before the drawdown is submitted. Views of Responsible Officials Management recognizes the deficiency and plans to change the process for how the College calculates the drawdown.
Finding 2023-002
Federal Program Research and Development Cluster AL #47.076, AL #47.083, AL #93.859 Criteria The College is required to comply with grant cash management requirements. Condition It was noted the College drew down more cash than they had expenditures to cover. As the grant requirements state that the grant operates on a reimbursement basis, the College was not in compliance with cash management requirements. Questioned Costs None Context We reviewed the College’s drawdown requests and compared them to expenditures incurred, noting more drawdown monies requested than expenditures. Effect The College drew down excess grant funds during the year ended June 30, 2023. Cause Review procedures over grant drawdowns have not been effectively designed and implemented. Repeat Finding Not a repeat finding. Recommendation We recommend the College reviews its policy for reviewing drawdown requests to ensure that an appropriate level of review before the drawdown is submitted. Views of Responsible Officials Management recognizes the deficiency and plans to change the process for how the College calculates the drawdown.
Finding 2023-002
Federal Program Research and Development Cluster AL #47.076, AL #47.083, AL #93.859 Criteria The College is required to comply with grant cash management requirements. Condition It was noted the College drew down more cash than they had expenditures to cover. As the grant requirements state that the grant operates on a reimbursement basis, the College was not in compliance with cash management requirements. Questioned Costs None Context We reviewed the College’s drawdown requests and compared them to expenditures incurred, noting more drawdown monies requested than expenditures. Effect The College drew down excess grant funds during the year ended June 30, 2023. Cause Review procedures over grant drawdowns have not been effectively designed and implemented. Repeat Finding Not a repeat finding. Recommendation We recommend the College reviews its policy for reviewing drawdown requests to ensure that an appropriate level of review before the drawdown is submitted. Views of Responsible Officials Management recognizes the deficiency and plans to change the process for how the College calculates the drawdown.
Finding 2023-002
Federal Program Research and Development Cluster AL #47.076, AL #47.083, AL #93.859 Criteria The College is required to comply with grant cash management requirements. Condition It was noted the College drew down more cash than they had expenditures to cover. As the grant requirements state that the grant operates on a reimbursement basis, the College was not in compliance with cash management requirements. Questioned Costs None Context We reviewed the College’s drawdown requests and compared them to expenditures incurred, noting more drawdown monies requested than expenditures. Effect The College drew down excess grant funds during the year ended June 30, 2023. Cause Review procedures over grant drawdowns have not been effectively designed and implemented. Repeat Finding Not a repeat finding. Recommendation We recommend the College reviews its policy for reviewing drawdown requests to ensure that an appropriate level of review before the drawdown is submitted. Views of Responsible Officials Management recognizes the deficiency and plans to change the process for how the College calculates the drawdown.
Finding 2023-002
Federal Program Research and Development Cluster AL #47.076, AL #47.083, AL #93.859 Criteria The College is required to comply with grant cash management requirements. Condition It was noted the College drew down more cash than they had expenditures to cover. As the grant requirements state that the grant operates on a reimbursement basis, the College was not in compliance with cash management requirements. Questioned Costs None Context We reviewed the College’s drawdown requests and compared them to expenditures incurred, noting more drawdown monies requested than expenditures. Effect The College drew down excess grant funds during the year ended June 30, 2023. Cause Review procedures over grant drawdowns have not been effectively designed and implemented. Repeat Finding Not a repeat finding. Recommendation We recommend the College reviews its policy for reviewing drawdown requests to ensure that an appropriate level of review before the drawdown is submitted. Views of Responsible Officials Management recognizes the deficiency and plans to change the process for how the College calculates the drawdown.
Finding 2023-002
Federal Program Research and Development Cluster AL #47.076, AL #47.083, AL #93.859 Criteria The College is required to comply with grant cash management requirements. Condition It was noted the College drew down more cash than they had expenditures to cover. As the grant requirements state that the grant operates on a reimbursement basis, the College was not in compliance with cash management requirements. Questioned Costs None Context We reviewed the College’s drawdown requests and compared them to expenditures incurred, noting more drawdown monies requested than expenditures. Effect The College drew down excess grant funds during the year ended June 30, 2023. Cause Review procedures over grant drawdowns have not been effectively designed and implemented. Repeat Finding Not a repeat finding. Recommendation We recommend the College reviews its policy for reviewing drawdown requests to ensure that an appropriate level of review before the drawdown is submitted. Views of Responsible Officials Management recognizes the deficiency and plans to change the process for how the College calculates the drawdown.
Finding 2023-002
Federal Program Research and Development Cluster AL #47.076, AL #47.083, AL #93.859 Criteria The College is required to comply with grant cash management requirements. Condition It was noted the College drew down more cash than they had expenditures to cover. As the grant requirements state that the grant operates on a reimbursement basis, the College was not in compliance with cash management requirements. Questioned Costs None Context We reviewed the College’s drawdown requests and compared them to expenditures incurred, noting more drawdown monies requested than expenditures. Effect The College drew down excess grant funds during the year ended June 30, 2023. Cause Review procedures over grant drawdowns have not been effectively designed and implemented. Repeat Finding Not a repeat finding. Recommendation We recommend the College reviews its policy for reviewing drawdown requests to ensure that an appropriate level of review before the drawdown is submitted. Views of Responsible Officials Management recognizes the deficiency and plans to change the process for how the College calculates the drawdown.
Finding 2023-002
Federal Program Research and Development Cluster AL #47.076, AL #47.083, AL #93.859 Criteria The College is required to comply with grant cash management requirements. Condition It was noted the College drew down more cash than they had expenditures to cover. As the grant requirements state that the grant operates on a reimbursement basis, the College was not in compliance with cash management requirements. Questioned Costs None Context We reviewed the College’s drawdown requests and compared them to expenditures incurred, noting more drawdown monies requested than expenditures. Effect The College drew down excess grant funds during the year ended June 30, 2023. Cause Review procedures over grant drawdowns have not been effectively designed and implemented. Repeat Finding Not a repeat finding. Recommendation We recommend the College reviews its policy for reviewing drawdown requests to ensure that an appropriate level of review before the drawdown is submitted. Views of Responsible Officials Management recognizes the deficiency and plans to change the process for how the College calculates the drawdown.
Finding 2023-002
Federal Program Research and Development Cluster AL #47.076, AL #47.083, AL #93.859 Criteria The College is required to comply with grant cash management requirements. Condition It was noted the College drew down more cash than they had expenditures to cover. As the grant requirements state that the grant operates on a reimbursement basis, the College was not in compliance with cash management requirements. Questioned Costs None Context We reviewed the College’s drawdown requests and compared them to expenditures incurred, noting more drawdown monies requested than expenditures. Effect The College drew down excess grant funds during the year ended June 30, 2023. Cause Review procedures over grant drawdowns have not been effectively designed and implemented. Repeat Finding Not a repeat finding. Recommendation We recommend the College reviews its policy for reviewing drawdown requests to ensure that an appropriate level of review before the drawdown is submitted. Views of Responsible Officials Management recognizes the deficiency and plans to change the process for how the College calculates the drawdown.
Finding 2023-002
Federal Program Research and Development Cluster AL #47.076, AL #47.083, AL #93.859 Criteria The College is required to comply with grant cash management requirements. Condition It was noted the College drew down more cash than they had expenditures to cover. As the grant requirements state that the grant operates on a reimbursement basis, the College was not in compliance with cash management requirements. Questioned Costs None Context We reviewed the College’s drawdown requests and compared them to expenditures incurred, noting more drawdown monies requested than expenditures. Effect The College drew down excess grant funds during the year ended June 30, 2023. Cause Review procedures over grant drawdowns have not been effectively designed and implemented. Repeat Finding Not a repeat finding. Recommendation We recommend the College reviews its policy for reviewing drawdown requests to ensure that an appropriate level of review before the drawdown is submitted. Views of Responsible Officials Management recognizes the deficiency and plans to change the process for how the College calculates the drawdown.
Finding 2023-002
Federal Program Research and Development Cluster AL #47.076, AL #47.083, AL #93.859 Criteria The College is required to comply with grant cash management requirements. Condition It was noted the College drew down more cash than they had expenditures to cover. As the grant requirements state that the grant operates on a reimbursement basis, the College was not in compliance with cash management requirements. Questioned Costs None Context We reviewed the College’s drawdown requests and compared them to expenditures incurred, noting more drawdown monies requested than expenditures. Effect The College drew down excess grant funds during the year ended June 30, 2023. Cause Review procedures over grant drawdowns have not been effectively designed and implemented. Repeat Finding Not a repeat finding. Recommendation We recommend the College reviews its policy for reviewing drawdown requests to ensure that an appropriate level of review before the drawdown is submitted. Views of Responsible Officials Management recognizes the deficiency and plans to change the process for how the College calculates the drawdown.
Finding 2023-002
Federal Program Research and Development Cluster AL #47.076, AL #47.083, AL #93.859 Criteria The College is required to comply with grant cash management requirements. Condition It was noted the College drew down more cash than they had expenditures to cover. As the grant requirements state that the grant operates on a reimbursement basis, the College was not in compliance with cash management requirements. Questioned Costs None Context We reviewed the College’s drawdown requests and compared them to expenditures incurred, noting more drawdown monies requested than expenditures. Effect The College drew down excess grant funds during the year ended June 30, 2023. Cause Review procedures over grant drawdowns have not been effectively designed and implemented. Repeat Finding Not a repeat finding. Recommendation We recommend the College reviews its policy for reviewing drawdown requests to ensure that an appropriate level of review before the drawdown is submitted. Views of Responsible Officials Management recognizes the deficiency and plans to change the process for how the College calculates the drawdown.
Finding 2023-002
Federal Program Research and Development Cluster AL #47.076, AL #47.083, AL #93.859 Criteria The College is required to comply with grant cash management requirements. Condition It was noted the College drew down more cash than they had expenditures to cover. As the grant requirements state that the grant operates on a reimbursement basis, the College was not in compliance with cash management requirements. Questioned Costs None Context We reviewed the College’s drawdown requests and compared them to expenditures incurred, noting more drawdown monies requested than expenditures. Effect The College drew down excess grant funds during the year ended June 30, 2023. Cause Review procedures over grant drawdowns have not been effectively designed and implemented. Repeat Finding Not a repeat finding. Recommendation We recommend the College reviews its policy for reviewing drawdown requests to ensure that an appropriate level of review before the drawdown is submitted. Views of Responsible Officials Management recognizes the deficiency and plans to change the process for how the College calculates the drawdown.
Finding 2023-002
Federal Program Research and Development Cluster AL #47.076, AL #47.083, AL #93.859 Criteria The College is required to comply with grant cash management requirements. Condition It was noted the College drew down more cash than they had expenditures to cover. As the grant requirements state that the grant operates on a reimbursement basis, the College was not in compliance with cash management requirements. Questioned Costs None Context We reviewed the College’s drawdown requests and compared them to expenditures incurred, noting more drawdown monies requested than expenditures. Effect The College drew down excess grant funds during the year ended June 30, 2023. Cause Review procedures over grant drawdowns have not been effectively designed and implemented. Repeat Finding Not a repeat finding. Recommendation We recommend the College reviews its policy for reviewing drawdown requests to ensure that an appropriate level of review before the drawdown is submitted. Views of Responsible Officials Management recognizes the deficiency and plans to change the process for how the College calculates the drawdown.
Finding 2023-002
Federal Program Research and Development Cluster AL #47.076, AL #47.083, AL #93.859 Criteria The College is required to comply with grant cash management requirements. Condition It was noted the College drew down more cash than they had expenditures to cover. As the grant requirements state that the grant operates on a reimbursement basis, the College was not in compliance with cash management requirements. Questioned Costs None Context We reviewed the College’s drawdown requests and compared them to expenditures incurred, noting more drawdown monies requested than expenditures. Effect The College drew down excess grant funds during the year ended June 30, 2023. Cause Review procedures over grant drawdowns have not been effectively designed and implemented. Repeat Finding Not a repeat finding. Recommendation We recommend the College reviews its policy for reviewing drawdown requests to ensure that an appropriate level of review before the drawdown is submitted. Views of Responsible Officials Management recognizes the deficiency and plans to change the process for how the College calculates the drawdown.