FAC Explorer

Audit 309445

FY End
2023-09-30
Total Expended
$1.05M
Findings
2
Programs
3
Organization: Kid Power, Inc. (WI)
Year: 2023 Accepted: 2024-06-20
Auditor: Wegner CPAS

Organization Exclusion Status:

Findings

ID Ref Severity Repeat Requirement
401353 2023-002 Material Weakness - ABCGHL
977795 2023-002 Material Weakness - ABCGHL

Programs

ALN Program Spent Major Findings
21.027 Coronavirus State and Local Fiscal Recovery Funds $614,878 Yes 1
84.287 Twenty-First Century Community Learning Centers $307,747 - 0
94.006 Americorps $130,470 - 0

Contacts

Name Title Type
NM6FEYSSB9W3 Andria Tobin Auditee
2024841404 Glenn Miller Auditor
No contacts on file

Notes to SEFA

Accounting Policies: The accompanying schedule of expenditures of federal awards (the “Schedule”) includes the federal award activity of Kid Power, Inc. under programs of the federal government for the fifteen months ended September 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 Kid Power, Inc. it is not intended to and does not present the financial position, changes in net assets, or cash flows of Kid Power, Inc. Expenditures reported on 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. De Minimis Rate Used: N Rate Explanation: Kid Power, Inc.. has elected not to use the 10% de minimis indirect cost rate allowed under the Uniform Guidance.

Finding Details

Finding 2023-002
Assistance Listing Number: 21.027 Name of Federal Program or Cluster: COVID-19—Coronavirus State and Local Fiscal Recovery Funds Name of Federal Agency: Department of the Treasury Name of Pass-through Entity: Office of the State Superintendent of Education Award Period: May 25, 2022 – September 30, 2024 Criteria: 2 CFR Section 200.303 of the Uniform Grant Guidance requires a non-federal entity to establish and maintain effective internal controls to ensure compliance with federal statues, regulations, and the terms and conditions of federal awards. Condition: Kid Power, Inc.'s internal controls over review of cost allocation journal entries, allowable costs and activities, period of performance, cash management, matching, and reporting were not documented. Cause: Written procedures were not established for the documentation of internal controls over compliance requirements. Effect or Potential Effect: This could result in noncompliance, disallowed costs, or discontinuance of federal funding. Recommendation: We recommend documenting the controls over each compliance requirement and providing training on documentation and forms to provide evidence of review. Views of Responsible Officials: Kid Power, Inc. agrees with the finding and will establish written procedures, train individuals, and document the review of cost allocation journal entries, allowable costs and activities, period of performance, cash management, matching, and reporting.
Finding 2023-002
Assistance Listing Number: 21.027 Name of Federal Program or Cluster: COVID-19—Coronavirus State and Local Fiscal Recovery Funds Name of Federal Agency: Department of the Treasury Name of Pass-through Entity: Office of the State Superintendent of Education Award Period: May 25, 2022 – September 30, 2024 Criteria: 2 CFR Section 200.303 of the Uniform Grant Guidance requires a non-federal entity to establish and maintain effective internal controls to ensure compliance with federal statues, regulations, and the terms and conditions of federal awards. Condition: Kid Power, Inc.'s internal controls over review of cost allocation journal entries, allowable costs and activities, period of performance, cash management, matching, and reporting were not documented. Cause: Written procedures were not established for the documentation of internal controls over compliance requirements. Effect or Potential Effect: This could result in noncompliance, disallowed costs, or discontinuance of federal funding. Recommendation: We recommend documenting the controls over each compliance requirement and providing training on documentation and forms to provide evidence of review. Views of Responsible Officials: Kid Power, Inc. agrees with the finding and will establish written procedures, train individuals, and document the review of cost allocation journal entries, allowable costs and activities, period of performance, cash management, matching, and reporting.