Audit 304205

FY End
2023-12-31
Total Expended
$1.40M
Findings
0
Programs
4
Year: 2023 Accepted: 2024-04-23
Auditor: Yeo & Yeo PC

Organization Exclusion Status:

Checking exclusion status...

Findings

No findings recorded

Programs

ALN Program Spent Major Findings
09.423 Basic Field Grant - 2023 $1.02M Yes 0
21.023 Emergency Rental Assistance Program $244,745 - 0
09.423 Basic Field Grant - 2022 $73,280 Yes 0
14.169 Housing Counseling Assistance Program $64,668 - 0

Contacts

Name Title Type
L5LBLYJUQMD3 Kenneth Penokie Auditee
9067862303 Michael Evrard 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, as applicable, the cost principles contained in the Uniform Guidance where certain types of expenditures are not allowable or are limited as to reimbursement. The Legal Service Corporation – Basic Field Grant details $ 1,089,682 of current period expenditures. These expenditures are presented net of the spending of derivative income attributable to the grant of $ 14,715. De Minimis Rate Used: N Rate Explanation: Legal Services of Northern Michigan has elected not to use the 10 percent de minimis indirect cost rate as allowed under the Uniform Guidance. The accompanying schedule of expenditures of federal awards (the Schedule) includes the federal award activity of Legal Services of Northern Michigan under programs of the federal government for the year ended December 31, 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 Legal Services of Northern Michigan, it is not intended to and does not present the financial position, changes in net assets, or cash flows of Legal Services of Northern Michigan.
Title: Reconciliation to the Financial Statements Accounting Policies: Expenditures reported on the Schedule are reported on the accrual basis of accounting. Such expenditures are recognized following, as applicable, the cost principles contained in the Uniform Guidance where certain types of expenditures are not allowable or are limited as to reimbursement. The Legal Service Corporation – Basic Field Grant details $ 1,089,682 of current period expenditures. These expenditures are presented net of the spending of derivative income attributable to the grant of $ 14,715. De Minimis Rate Used: N Rate Explanation: Legal Services of Northern Michigan has elected not to use the 10 percent de minimis indirect cost rate as allowed under the Uniform Guidance. Federal expenditures reported on the Schedule reconcile to federal revenues included in grants and contracts in the financial statements as follows: Total grant and contract revenue, per financial statements: $2,111,785, Less non-federal portion: ($712,690), and Total federal expenditures per the Schedule: $1,399,095.
Title: Pass-Through Agencies Accounting Policies: Expenditures reported on the Schedule are reported on the accrual basis of accounting. Such expenditures are recognized following, as applicable, the cost principles contained in the Uniform Guidance where certain types of expenditures are not allowable or are limited as to reimbursement. The Legal Service Corporation – Basic Field Grant details $ 1,089,682 of current period expenditures. These expenditures are presented net of the spending of derivative income attributable to the grant of $ 14,715. De Minimis Rate Used: N Rate Explanation: Legal Services of Northern Michigan has elected not to use the 10 percent de minimis indirect cost rate as allowed under the Uniform Guidance. The organization receives certain federal grants as subawards from non-federal entities. Pass-through entities, where applicable, have been identified in the schedule with an abbreviation, defined as follows: Pass-through Agency Abbreviation: WTLS Pass-through Agency Name: West Tennessee Legal Services, Inc.
Title: Subrecipients Accounting Policies: Expenditures reported on the Schedule are reported on the accrual basis of accounting. Such expenditures are recognized following, as applicable, the cost principles contained in the Uniform Guidance where certain types of expenditures are not allowable or are limited as to reimbursement. The Legal Service Corporation – Basic Field Grant details $ 1,089,682 of current period expenditures. These expenditures are presented net of the spending of derivative income attributable to the grant of $ 14,715. De Minimis Rate Used: N Rate Explanation: Legal Services of Northern Michigan has elected not to use the 10 percent de minimis indirect cost rate as allowed under the Uniform Guidance. No amounts were provided to subrecipients.