Audit 307068

FY End
2022-12-31
Total Expended
$888,953
Findings
12
Programs
2
Organization: Farestart (WA)
Year: 2022 Accepted: 2024-05-23

Organization Exclusion Status:

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Findings

ID Ref Severity Repeat Requirement
398382 2022-002 Material Weakness Yes L
398383 2022-003 Material Weakness - L
398384 2022-002 Material Weakness Yes L
398385 2022-003 Material Weakness - L
398386 2022-003 Material Weakness - L
398387 2022-003 Material Weakness - L
974824 2022-002 Material Weakness Yes L
974825 2022-003 Material Weakness - L
974826 2022-002 Material Weakness Yes L
974827 2022-003 Material Weakness - L
974828 2022-003 Material Weakness - L
974829 2022-003 Material Weakness - L

Contacts

Name Title Type
KMUQAVU3PAS4 Carolyn Bardon Auditee
2532604340 Leslie Sesser 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 the cost principles contained in the Uniform Guidance, wherein certain types of expenditures are not allowable or are limited as to reimbursement. Pass-through entity identifying numbers are presented where available. De Minimis Rate Used: Y Rate Explanation: FareStart has elected to use the 10% de minimis indirect cost rate. The accompanying schedule of expenditures of federal awards (the Schedule) includes the federal grant activity of FareStart under programs of the federal government for the year ended December 31, 2022. The information in this schedule is presented in accordance with the requirements Title 2 U.S. Code of Federal Regulations (CFR) 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 FareStart, it is not intended to and does not present the financial position, changes in net assets or cash flows of FareStart.

Finding Details

as a Repeat Finding: Elements of this finding are a repeat of Finding 2021-002 Finding: Internal control processes over financial reporting did not ensure the complete and accurate reporting of federal awards presented on the Schedule of Expenditures of Federal Awards. Criteria: The Organization is responsible for establishing and maintaining controls over the accuracy and completeness of the program information and expenditure amounts reported on the schedule of expenditures of federal awards as part of the financial statement close process. Sample Size and Population: Sampling was not applicable to this finding. Condition and Cause: The SEFA initially prepared for audit incorrectly included contracts for which FareStart provided services as a vendor rather than as a subrecipient because it was prepared by individuals unfamiliar with the reporting distinction of the classification. Additionally, the awards for which FareStart served as a subrecipient were misstated due to the accrual error identified in Finding 2022-001 that resulted from the high volume of accounting and finance staff turnover at the beginning of the fiscal year. Effect: Cumulatively, the errors noted above resulted in the misstatement of major program expenditures that prompted a preliminary conclusion that a Single Audit was not required for 2022. Furthermore, the errors caused delays in audit completion resulting in the late submission to the Federal Audit Clearinghouse as noted in Finding 2022-003. Recommendations:  Educate staff regarding federal award reporting requirements.  Maintain centralized documentation of government grants that identifies the source of funding and nature of the contract.  Develop and implement a process to ensure that all public contracts are accrued for monthly. Questioned Costs: None Management Response: Management response is reported in the “Corrective Action Plan” at the end of this report. Contact Person: Carolyn Bardon, Senior Vice President of Finance
Identification as a Repeat Finding: Not a repeat finding Finding: The Organization did not file its annual 2022 Single Audit and Data Collection Form timely. Criteria: The Uniform Guidance requires submission of the Single Audit Reporting Package and Data Collection Form to the Federal Audit Clearinghouse nine months after the end of the fiscal year. As such FareStart’s 2022 Data Collection Form was due September 30, 2023. Sample Size and Population: Sampling was not applicable to this finding. Condition and Cause: As described in Finding 2022-002, errors resulting in the misstatement and misidentification of major programs contributed to delays in audit completion. Additionally, as disclosed in Note 16, the Organization eliminated approximately 39% of its workforce 2023, which reduced its capacity to respond to audit requests in advance of the federal deadline. Effect: The Data Collection Form was submitted late. Recommendations:  Educate staff regarding federal award reporting requirements.  Maintain centralized documentation of government grants that identifies the source of funding and nature of the contract. Questioned Costs: None Management Response: Management response is reported in the “Corrective Action Plan” at the end of this report. Contact Person: Carolyn Bardon, Senior Vice President of Finance  Develop and implement a process to ensure that all public contracts are accrued for monthly.
as a Repeat Finding: Elements of this finding are a repeat of Finding 2021-002 Finding: Internal control processes over financial reporting did not ensure the complete and accurate reporting of federal awards presented on the Schedule of Expenditures of Federal Awards. Criteria: The Organization is responsible for establishing and maintaining controls over the accuracy and completeness of the program information and expenditure amounts reported on the schedule of expenditures of federal awards as part of the financial statement close process. Sample Size and Population: Sampling was not applicable to this finding. Condition and Cause: The SEFA initially prepared for audit incorrectly included contracts for which FareStart provided services as a vendor rather than as a subrecipient because it was prepared by individuals unfamiliar with the reporting distinction of the classification. Additionally, the awards for which FareStart served as a subrecipient were misstated due to the accrual error identified in Finding 2022-001 that resulted from the high volume of accounting and finance staff turnover at the beginning of the fiscal year. Effect: Cumulatively, the errors noted above resulted in the misstatement of major program expenditures that prompted a preliminary conclusion that a Single Audit was not required for 2022. Furthermore, the errors caused delays in audit completion resulting in the late submission to the Federal Audit Clearinghouse as noted in Finding 2022-003. Recommendations:  Educate staff regarding federal award reporting requirements.  Maintain centralized documentation of government grants that identifies the source of funding and nature of the contract.  Develop and implement a process to ensure that all public contracts are accrued for monthly. Questioned Costs: None Management Response: Management response is reported in the “Corrective Action Plan” at the end of this report. Contact Person: Carolyn Bardon, Senior Vice President of Finance
Identification as a Repeat Finding: Not a repeat finding Finding: The Organization did not file its annual 2022 Single Audit and Data Collection Form timely. Criteria: The Uniform Guidance requires submission of the Single Audit Reporting Package and Data Collection Form to the Federal Audit Clearinghouse nine months after the end of the fiscal year. As such FareStart’s 2022 Data Collection Form was due September 30, 2023. Sample Size and Population: Sampling was not applicable to this finding. Condition and Cause: As described in Finding 2022-002, errors resulting in the misstatement and misidentification of major programs contributed to delays in audit completion. Additionally, as disclosed in Note 16, the Organization eliminated approximately 39% of its workforce 2023, which reduced its capacity to respond to audit requests in advance of the federal deadline. Effect: The Data Collection Form was submitted late. Recommendations:  Educate staff regarding federal award reporting requirements.  Maintain centralized documentation of government grants that identifies the source of funding and nature of the contract. Questioned Costs: None Management Response: Management response is reported in the “Corrective Action Plan” at the end of this report. Contact Person: Carolyn Bardon, Senior Vice President of Finance  Develop and implement a process to ensure that all public contracts are accrued for monthly.
Identification as a Repeat Finding: Not a repeat finding Finding: The Organization did not file its annual 2022 Single Audit and Data Collection Form timely. Criteria: The Uniform Guidance requires submission of the Single Audit Reporting Package and Data Collection Form to the Federal Audit Clearinghouse nine months after the end of the fiscal year. As such FareStart’s 2022 Data Collection Form was due September 30, 2023. Sample Size and Population: Sampling was not applicable to this finding. Condition and Cause: As described in Finding 2022-002, errors resulting in the misstatement and misidentification of major programs contributed to delays in audit completion. Additionally, as disclosed in Note 16, the Organization eliminated approximately 39% of its workforce 2023, which reduced its capacity to respond to audit requests in advance of the federal deadline. Effect: The Data Collection Form was submitted late. Recommendations:  Educate staff regarding federal award reporting requirements.  Maintain centralized documentation of government grants that identifies the source of funding and nature of the contract. Questioned Costs: None Management Response: Management response is reported in the “Corrective Action Plan” at the end of this report. Contact Person: Carolyn Bardon, Senior Vice President of Finance  Develop and implement a process to ensure that all public contracts are accrued for monthly.
Identification as a Repeat Finding: Not a repeat finding Finding: The Organization did not file its annual 2022 Single Audit and Data Collection Form timely. Criteria: The Uniform Guidance requires submission of the Single Audit Reporting Package and Data Collection Form to the Federal Audit Clearinghouse nine months after the end of the fiscal year. As such FareStart’s 2022 Data Collection Form was due September 30, 2023. Sample Size and Population: Sampling was not applicable to this finding. Condition and Cause: As described in Finding 2022-002, errors resulting in the misstatement and misidentification of major programs contributed to delays in audit completion. Additionally, as disclosed in Note 16, the Organization eliminated approximately 39% of its workforce 2023, which reduced its capacity to respond to audit requests in advance of the federal deadline. Effect: The Data Collection Form was submitted late. Recommendations:  Educate staff regarding federal award reporting requirements.  Maintain centralized documentation of government grants that identifies the source of funding and nature of the contract. Questioned Costs: None Management Response: Management response is reported in the “Corrective Action Plan” at the end of this report. Contact Person: Carolyn Bardon, Senior Vice President of Finance  Develop and implement a process to ensure that all public contracts are accrued for monthly.
as a Repeat Finding: Elements of this finding are a repeat of Finding 2021-002 Finding: Internal control processes over financial reporting did not ensure the complete and accurate reporting of federal awards presented on the Schedule of Expenditures of Federal Awards. Criteria: The Organization is responsible for establishing and maintaining controls over the accuracy and completeness of the program information and expenditure amounts reported on the schedule of expenditures of federal awards as part of the financial statement close process. Sample Size and Population: Sampling was not applicable to this finding. Condition and Cause: The SEFA initially prepared for audit incorrectly included contracts for which FareStart provided services as a vendor rather than as a subrecipient because it was prepared by individuals unfamiliar with the reporting distinction of the classification. Additionally, the awards for which FareStart served as a subrecipient were misstated due to the accrual error identified in Finding 2022-001 that resulted from the high volume of accounting and finance staff turnover at the beginning of the fiscal year. Effect: Cumulatively, the errors noted above resulted in the misstatement of major program expenditures that prompted a preliminary conclusion that a Single Audit was not required for 2022. Furthermore, the errors caused delays in audit completion resulting in the late submission to the Federal Audit Clearinghouse as noted in Finding 2022-003. Recommendations:  Educate staff regarding federal award reporting requirements.  Maintain centralized documentation of government grants that identifies the source of funding and nature of the contract.  Develop and implement a process to ensure that all public contracts are accrued for monthly. Questioned Costs: None Management Response: Management response is reported in the “Corrective Action Plan” at the end of this report. Contact Person: Carolyn Bardon, Senior Vice President of Finance
Identification as a Repeat Finding: Not a repeat finding Finding: The Organization did not file its annual 2022 Single Audit and Data Collection Form timely. Criteria: The Uniform Guidance requires submission of the Single Audit Reporting Package and Data Collection Form to the Federal Audit Clearinghouse nine months after the end of the fiscal year. As such FareStart’s 2022 Data Collection Form was due September 30, 2023. Sample Size and Population: Sampling was not applicable to this finding. Condition and Cause: As described in Finding 2022-002, errors resulting in the misstatement and misidentification of major programs contributed to delays in audit completion. Additionally, as disclosed in Note 16, the Organization eliminated approximately 39% of its workforce 2023, which reduced its capacity to respond to audit requests in advance of the federal deadline. Effect: The Data Collection Form was submitted late. Recommendations:  Educate staff regarding federal award reporting requirements.  Maintain centralized documentation of government grants that identifies the source of funding and nature of the contract. Questioned Costs: None Management Response: Management response is reported in the “Corrective Action Plan” at the end of this report. Contact Person: Carolyn Bardon, Senior Vice President of Finance  Develop and implement a process to ensure that all public contracts are accrued for monthly.
as a Repeat Finding: Elements of this finding are a repeat of Finding 2021-002 Finding: Internal control processes over financial reporting did not ensure the complete and accurate reporting of federal awards presented on the Schedule of Expenditures of Federal Awards. Criteria: The Organization is responsible for establishing and maintaining controls over the accuracy and completeness of the program information and expenditure amounts reported on the schedule of expenditures of federal awards as part of the financial statement close process. Sample Size and Population: Sampling was not applicable to this finding. Condition and Cause: The SEFA initially prepared for audit incorrectly included contracts for which FareStart provided services as a vendor rather than as a subrecipient because it was prepared by individuals unfamiliar with the reporting distinction of the classification. Additionally, the awards for which FareStart served as a subrecipient were misstated due to the accrual error identified in Finding 2022-001 that resulted from the high volume of accounting and finance staff turnover at the beginning of the fiscal year. Effect: Cumulatively, the errors noted above resulted in the misstatement of major program expenditures that prompted a preliminary conclusion that a Single Audit was not required for 2022. Furthermore, the errors caused delays in audit completion resulting in the late submission to the Federal Audit Clearinghouse as noted in Finding 2022-003. Recommendations:  Educate staff regarding federal award reporting requirements.  Maintain centralized documentation of government grants that identifies the source of funding and nature of the contract.  Develop and implement a process to ensure that all public contracts are accrued for monthly. Questioned Costs: None Management Response: Management response is reported in the “Corrective Action Plan” at the end of this report. Contact Person: Carolyn Bardon, Senior Vice President of Finance
Identification as a Repeat Finding: Not a repeat finding Finding: The Organization did not file its annual 2022 Single Audit and Data Collection Form timely. Criteria: The Uniform Guidance requires submission of the Single Audit Reporting Package and Data Collection Form to the Federal Audit Clearinghouse nine months after the end of the fiscal year. As such FareStart’s 2022 Data Collection Form was due September 30, 2023. Sample Size and Population: Sampling was not applicable to this finding. Condition and Cause: As described in Finding 2022-002, errors resulting in the misstatement and misidentification of major programs contributed to delays in audit completion. Additionally, as disclosed in Note 16, the Organization eliminated approximately 39% of its workforce 2023, which reduced its capacity to respond to audit requests in advance of the federal deadline. Effect: The Data Collection Form was submitted late. Recommendations:  Educate staff regarding federal award reporting requirements.  Maintain centralized documentation of government grants that identifies the source of funding and nature of the contract. Questioned Costs: None Management Response: Management response is reported in the “Corrective Action Plan” at the end of this report. Contact Person: Carolyn Bardon, Senior Vice President of Finance  Develop and implement a process to ensure that all public contracts are accrued for monthly.
Identification as a Repeat Finding: Not a repeat finding Finding: The Organization did not file its annual 2022 Single Audit and Data Collection Form timely. Criteria: The Uniform Guidance requires submission of the Single Audit Reporting Package and Data Collection Form to the Federal Audit Clearinghouse nine months after the end of the fiscal year. As such FareStart’s 2022 Data Collection Form was due September 30, 2023. Sample Size and Population: Sampling was not applicable to this finding. Condition and Cause: As described in Finding 2022-002, errors resulting in the misstatement and misidentification of major programs contributed to delays in audit completion. Additionally, as disclosed in Note 16, the Organization eliminated approximately 39% of its workforce 2023, which reduced its capacity to respond to audit requests in advance of the federal deadline. Effect: The Data Collection Form was submitted late. Recommendations:  Educate staff regarding federal award reporting requirements.  Maintain centralized documentation of government grants that identifies the source of funding and nature of the contract. Questioned Costs: None Management Response: Management response is reported in the “Corrective Action Plan” at the end of this report. Contact Person: Carolyn Bardon, Senior Vice President of Finance  Develop and implement a process to ensure that all public contracts are accrued for monthly.
Identification as a Repeat Finding: Not a repeat finding Finding: The Organization did not file its annual 2022 Single Audit and Data Collection Form timely. Criteria: The Uniform Guidance requires submission of the Single Audit Reporting Package and Data Collection Form to the Federal Audit Clearinghouse nine months after the end of the fiscal year. As such FareStart’s 2022 Data Collection Form was due September 30, 2023. Sample Size and Population: Sampling was not applicable to this finding. Condition and Cause: As described in Finding 2022-002, errors resulting in the misstatement and misidentification of major programs contributed to delays in audit completion. Additionally, as disclosed in Note 16, the Organization eliminated approximately 39% of its workforce 2023, which reduced its capacity to respond to audit requests in advance of the federal deadline. Effect: The Data Collection Form was submitted late. Recommendations:  Educate staff regarding federal award reporting requirements.  Maintain centralized documentation of government grants that identifies the source of funding and nature of the contract. Questioned Costs: None Management Response: Management response is reported in the “Corrective Action Plan” at the end of this report. Contact Person: Carolyn Bardon, Senior Vice President of Finance  Develop and implement a process to ensure that all public contracts are accrued for monthly.