FAC Explorer

Audit 304082

FY End
2023-06-30
Total Expended
$5.84M
Findings
4
Programs
12
Organization: Terra State Community College (OH)
Year: 2023 Accepted: 2024-04-22
Auditor: Plattenburg & Associates

Organization Exclusion Status:

Findings

ID Ref Severity Repeat Requirement
393924 2023-001 Significant Deficiency Yes L
393925 2023-001 Significant Deficiency Yes L
970366 2023-001 Significant Deficiency Yes L
970367 2023-001 Significant Deficiency Yes L

Programs

ALN Program Spent Major Findings
84.268 Federal Direct Student Loans $2.00M - 0
84.063 Federal Pell Grant Program $1.99M - 0
84.425 Covid-19 Higher Education Emergency Relief Fund (heerf) Student Aid Portion $750,929 Yes 0
84.425 Covid-19 Higher Education Emergency Relief Fund (heerf) Institutional Portion $374,765 Yes 1
84.425 Covid-19 Strengthening Institutions Program $226,998 Yes 1
84.048 Equity for Each: Advanced Approaches for Improving Equity in Career Technical Education Programs $197,029 - 0
84.048 Career and Technical Education -- Basic Grants to States $78,159 - 0
59.037 Small Business Development Centers $71,169 - 0
84.007 Federal Supplemental Educational Opportunity Grants $60,520 - 0
84.425 Covid-19 Governor's Emergency Education Relief Fund $49,008 Yes 0
84.033 Federal Work-Study Program $34,665 - 0
21.019 Covid-19 Coronavirus Relief Fund $3,138 - 0

Contacts

Name Title Type
CKZFN7NVGH73 Meg Johnson Auditee
4195592121 Kevin Vaughn Auditor
No contacts on file

Notes to SEFA

Title: Federal Direct Student Loan Program Accounting Policies: The accompanying schedule of expenditures of federal awards includes the federal grant activity of the College 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 Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance). Therefore some amounts presented in this schedule may differ from amounts presented in, or used in the preparation of the College’s financial statements. De Minimis Rate Used: N Rate Explanation: The College did not elect to use the 10-percent de minimis indirect cost rate as allowed under the Uniform Guidance. The College is a direct lender for the Federal Direct Student Loan program. The following represents direct loans originated and disbursed during fiscal year 2023:

Finding Details

Finding 2023-001
Federal Program Information: COVID 19 HEERF Institutional Portion ALN 84.425F COVID 19 HEERF-Strengthening Institutions Program ALN 84.425M Criteria: 2 CFR 200.329 and the terms and conditions of the federal award requires the entity to submit reports quarterly. Condition: The total expenditures on the September 2022 and March 2023 quarterly report was not correct. Questioned Costs: None Context: The testing of the September 2022 and March 2023 quarterly reports showed that incorrect amounts were reported for expenditures. Cause/Effect: The College made errors when completing certain quarterly reports. Repeat Finding from Prior Audit?: Yes. Recommendation: We recommend review of current practices and implement policies establishing monitoring procedures related to quarterly reports. Management Response: The College agrees with the finding and is implementing appropriate procedures.
Finding 2023-001
Federal Program Information: COVID 19 HEERF Institutional Portion ALN 84.425F COVID 19 HEERF-Strengthening Institutions Program ALN 84.425M Criteria: 2 CFR 200.329 and the terms and conditions of the federal award requires the entity to submit reports quarterly. Condition: The total expenditures on the September 2022 and March 2023 quarterly report was not correct. Questioned Costs: None Context: The testing of the September 2022 and March 2023 quarterly reports showed that incorrect amounts were reported for expenditures. Cause/Effect: The College made errors when completing certain quarterly reports. Repeat Finding from Prior Audit?: Yes. Recommendation: We recommend review of current practices and implement policies establishing monitoring procedures related to quarterly reports. Management Response: The College agrees with the finding and is implementing appropriate procedures.
Finding 2023-001
Federal Program Information: COVID 19 HEERF Institutional Portion ALN 84.425F COVID 19 HEERF-Strengthening Institutions Program ALN 84.425M Criteria: 2 CFR 200.329 and the terms and conditions of the federal award requires the entity to submit reports quarterly. Condition: The total expenditures on the September 2022 and March 2023 quarterly report was not correct. Questioned Costs: None Context: The testing of the September 2022 and March 2023 quarterly reports showed that incorrect amounts were reported for expenditures. Cause/Effect: The College made errors when completing certain quarterly reports. Repeat Finding from Prior Audit?: Yes. Recommendation: We recommend review of current practices and implement policies establishing monitoring procedures related to quarterly reports. Management Response: The College agrees with the finding and is implementing appropriate procedures.
Finding 2023-001
Federal Program Information: COVID 19 HEERF Institutional Portion ALN 84.425F COVID 19 HEERF-Strengthening Institutions Program ALN 84.425M Criteria: 2 CFR 200.329 and the terms and conditions of the federal award requires the entity to submit reports quarterly. Condition: The total expenditures on the September 2022 and March 2023 quarterly report was not correct. Questioned Costs: None Context: The testing of the September 2022 and March 2023 quarterly reports showed that incorrect amounts were reported for expenditures. Cause/Effect: The College made errors when completing certain quarterly reports. Repeat Finding from Prior Audit?: Yes. Recommendation: We recommend review of current practices and implement policies establishing monitoring procedures related to quarterly reports. Management Response: The College agrees with the finding and is implementing appropriate procedures.