FAC Explorer

Audit 305837

FY End
2023-06-30
Total Expended
$862,731
Findings
8
Programs
7
Organization: Washington Maritime Blue (WA)
Year: 2023 Accepted: 2024-05-09
Auditor: Aiken & Sanders INC Ps

Organization Exclusion Status:

Findings

ID Ref Severity Repeat Requirement
396200 2023-001 Material Weakness - L
396201 2023-002 Material Weakness - L
396202 2023-001 Material Weakness - L
396203 2023-002 Material Weakness - L
972642 2023-001 Material Weakness - L
972643 2023-002 Material Weakness - L
972644 2023-001 Material Weakness - L
972645 2023-002 Material Weakness - L

Programs

ALN Program Spent Major Findings
21.027 Coronavirus State and Local Fiscal Recovery Funds $200,000 - 0
11.020 Cluster Grants $168,212 - 0
66.456 National Estuary Program $98,572 - 0
17.259 Wia Youth Activities $87,153 - 0
11.454 Unallied Management Projects $49,968 - 0
11.307 Economic Adjustment Assistance $25,000 Yes 2
93.262 Occupational Safety and Health Program $11,781 - 0

Contacts

Name Title Type
ZHYXP9BA23F5 Joshua Berger Auditee
3605310251 Lonnie Rich Auditor
No contacts on file

Notes to SEFA

Title: Note 1 – Purpose of Schedule Accounting Policies: The Schedule is prepared on the accrual basis of accounting and represents federal expenditure activity for the year ended June 30, 2023. De Minimis Rate Used: Y Rate Explanation: The Organization did use the 10% de-minimis cost rate. The accompanying schedule of expenditures of federal awards (the Schedule) is a supplementary schedule to Washington Maritime Blue’s (the Organization’s) financial statements and is presented for purposes of additional analysis. Because the Schedule presents only a selected portion of the activities of the Organization, it does not present the financial position, changes in financial position, or the revenues and expenditures of the Organization.
Title: Note 2 – Reporting Entity Accounting Policies: The Schedule is prepared on the accrual basis of accounting and represents federal expenditure activity for the year ended June 30, 2023. De Minimis Rate Used: Y Rate Explanation: The Organization did use the 10% de-minimis cost rate. The reporting entity is described in Note A to the Organization’s financial statements. The Schedule includes all federal programs administered by the Organization for the fiscal year ended June 30, 2023
Title: Note 3 – Basis of Accounting Accounting Policies: The Schedule is prepared on the accrual basis of accounting and represents federal expenditure activity for the year ended June 30, 2023. De Minimis Rate Used: Y Rate Explanation: The Organization did use the 10% de-minimis cost rate. This schedule is prepared on the same basis of accounting as the Organization’s financial statements. The Organization uses the accrual basis of accounting for financial reporting purposes.
Title: Note 4 – De-Minimis Cost Rate Accounting Policies: The Schedule is prepared on the accrual basis of accounting and represents federal expenditure activity for the year ended June 30, 2023. De Minimis Rate Used: Y Rate Explanation: The Organization did use the 10% de-minimis cost rate. The Organization did use the 10% de-minimis cost rate.
Title: Note 5 – Basis of Presentation Accounting Policies: The Schedule is prepared on the accrual basis of accounting and represents federal expenditure activity for the year ended June 30, 2023. De Minimis Rate Used: Y Rate Explanation: The Organization did use the 10% de-minimis cost rate. The information in the Schedule is presented in accordance with Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards 2 CFR 200 (Uniform Guidance).

Finding Details

Finding 2023-001
Criteria: The Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards 2 CFR 200 (Uniform Guidance), requires auditees to submit their audit report to the Federal Audit Clearinghouse within the earlier of 30 days of the audit report date or within nine months of the auditee’s year end. Condition: The Organization did not submit its audit report to the Federal Audit Clearinghouse by the March 31, 2024 deadline. Effect: The Organization did not comply with the single audit submission deadline. Cause: The June 30, 2023 year end was the first year in which the Organization received federal awards exceeding the threshold requiring a single audit and the first year in which a financial audit was conducted. The search for and engagement of an auditor to conduct the required audits took a considerable amount of time, which resulted in a late start to the audit process. Despite significant effort, there was not enough time to properly conduct, complete, and submit the single audit. Recommendation: The Organization should implement processes to ensure that the annual audits are completed timely by identifying and engaging an auditor either prior to or shortly after year end to allow for the conduct and completion of the audit in the allowed time.
Finding 2023-002
See finding 2023-001. The Organization did not submit the required audit report to the Federal Audit Clearinghouse by the March 31, 2024 deadline. Questioned Costs: No questioned costs were noted for this finding.
Finding 2023-001
Criteria: The Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards 2 CFR 200 (Uniform Guidance), requires auditees to submit their audit report to the Federal Audit Clearinghouse within the earlier of 30 days of the audit report date or within nine months of the auditee’s year end. Condition: The Organization did not submit its audit report to the Federal Audit Clearinghouse by the March 31, 2024 deadline. Effect: The Organization did not comply with the single audit submission deadline. Cause: The June 30, 2023 year end was the first year in which the Organization received federal awards exceeding the threshold requiring a single audit and the first year in which a financial audit was conducted. The search for and engagement of an auditor to conduct the required audits took a considerable amount of time, which resulted in a late start to the audit process. Despite significant effort, there was not enough time to properly conduct, complete, and submit the single audit. Recommendation: The Organization should implement processes to ensure that the annual audits are completed timely by identifying and engaging an auditor either prior to or shortly after year end to allow for the conduct and completion of the audit in the allowed time.
Finding 2023-002
See finding 2023-001. The Organization did not submit the required audit report to the Federal Audit Clearinghouse by the March 31, 2024 deadline. Questioned Costs: No questioned costs were noted for this finding.
Finding 2023-001
Criteria: The Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards 2 CFR 200 (Uniform Guidance), requires auditees to submit their audit report to the Federal Audit Clearinghouse within the earlier of 30 days of the audit report date or within nine months of the auditee’s year end. Condition: The Organization did not submit its audit report to the Federal Audit Clearinghouse by the March 31, 2024 deadline. Effect: The Organization did not comply with the single audit submission deadline. Cause: The June 30, 2023 year end was the first year in which the Organization received federal awards exceeding the threshold requiring a single audit and the first year in which a financial audit was conducted. The search for and engagement of an auditor to conduct the required audits took a considerable amount of time, which resulted in a late start to the audit process. Despite significant effort, there was not enough time to properly conduct, complete, and submit the single audit. Recommendation: The Organization should implement processes to ensure that the annual audits are completed timely by identifying and engaging an auditor either prior to or shortly after year end to allow for the conduct and completion of the audit in the allowed time.
Finding 2023-002
See finding 2023-001. The Organization did not submit the required audit report to the Federal Audit Clearinghouse by the March 31, 2024 deadline. Questioned Costs: No questioned costs were noted for this finding.
Finding 2023-001
Criteria: The Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards 2 CFR 200 (Uniform Guidance), requires auditees to submit their audit report to the Federal Audit Clearinghouse within the earlier of 30 days of the audit report date or within nine months of the auditee’s year end. Condition: The Organization did not submit its audit report to the Federal Audit Clearinghouse by the March 31, 2024 deadline. Effect: The Organization did not comply with the single audit submission deadline. Cause: The June 30, 2023 year end was the first year in which the Organization received federal awards exceeding the threshold requiring a single audit and the first year in which a financial audit was conducted. The search for and engagement of an auditor to conduct the required audits took a considerable amount of time, which resulted in a late start to the audit process. Despite significant effort, there was not enough time to properly conduct, complete, and submit the single audit. Recommendation: The Organization should implement processes to ensure that the annual audits are completed timely by identifying and engaging an auditor either prior to or shortly after year end to allow for the conduct and completion of the audit in the allowed time.
Finding 2023-002
See finding 2023-001. The Organization did not submit the required audit report to the Federal Audit Clearinghouse by the March 31, 2024 deadline. Questioned Costs: No questioned costs were noted for this finding.