Audit 309653

FY End

2023-01-31

Total Expended

$1.05M

Findings

2

Programs

1

Organization: Vision Ed, Inc. (NY)

Year: 2023 Accepted: 2024-06-24

Auditor: Berard & Associates Cpa's PC

Organization Exclusion Status:

Checking exclusion status...

ID	Ref	Severity	Repeat	Requirement
401721	2023-001	Significant Deficiency	Yes	ABCEJL
978163	2023-001	Significant Deficiency	Yes	ABCEJL

ALN	Program	Spent	Major	Findings
84.287	Twenty-First Century Community Learning Centers	$1.05M	Yes	1

Contacts

Name	Title	Type
KE6TAXJ1NG26	Sarah Chakrin	Auditee
7737917211	Ana Depedro	Auditor
No contacts on file

Notes to SEFA

Title: NOTE A- BASIS OF PRESENTATION Accounting Policies: General The accompanying Schedule of Expenditures of Federal Awards presents all activity of all federal award programs for the year ended January 31, 2023. Federal awards received directly from federal agencies as well as federal awards passed through other government agencies are included on the Schedule. Basis of Accounting Expenditures reported on the Schedule are reported on the accrual basis of accounting. Such expenditures are recognized following the cost principles contained in Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements. Cost Principles and Audit Requirements for Federal Awards (Uniform Guidance), wherein certain types of expenditures are not allowable or are limited as to reimbursement. Indirect Cost Rate The Organization has elected not to use the 10% de minimis indirect cost rate allowed under the uniform guidance. Indirect costs may be included in the reported expenditures, to the extent that they are included in the federal financial reports used as the source for the data presented. The Organization’s policy is to charge federal award programs with indirect costs as allowed in the grant budget. Matching Requirement 21st Century Comm Learning Centers CFDA# 84.287 does not have a matching requirement De Minimis Rate Used: N Rate Explanation: The Organization has elected not to use the 10% de minimis indirect cost rate allowed under the uniform guidance. Indirect costs may be included in the reported expenditures, to the extent that they are included in the federal financial reports used as the source for the data presented. The Organization’s policy is to charge federal award programs with indirect costs as allowed in the grant budget. The accompanying schedule of expenditures of federal awards (the Schedule) includes the federal award activity of Vision Ed, Inc. under programs of the federal government for the year ended January 31, 2023. The information in the 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 Vision Ed, Inc., it is not intended to and does not present the financial position, changes in net assets, or cash flows of Vision Ed, Inc.

Title: NOTE B – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Accounting Policies: General The accompanying Schedule of Expenditures of Federal Awards presents all activity of all federal award programs for the year ended January 31, 2023. Federal awards received directly from federal agencies as well as federal awards passed through other government agencies are included on the Schedule. Basis of Accounting Expenditures reported on the Schedule are reported on the accrual basis of accounting. Such expenditures are recognized following the cost principles contained in Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements. Cost Principles and Audit Requirements for Federal Awards (Uniform Guidance), wherein certain types of expenditures are not allowable or are limited as to reimbursement. Indirect Cost Rate The Organization has elected not to use the 10% de minimis indirect cost rate allowed under the uniform guidance. Indirect costs may be included in the reported expenditures, to the extent that they are included in the federal financial reports used as the source for the data presented. The Organization’s policy is to charge federal award programs with indirect costs as allowed in the grant budget. Matching Requirement 21st Century Comm Learning Centers CFDA# 84.287 does not have a matching requirement De Minimis Rate Used: N Rate Explanation: The Organization has elected not to use the 10% de minimis indirect cost rate allowed under the uniform guidance. Indirect costs may be included in the reported expenditures, to the extent that they are included in the federal financial reports used as the source for the data presented. The Organization’s policy is to charge federal award programs with indirect costs as allowed in the grant budget. General The accompanying Schedule of Expenditures of Federal Awards presents all activity of all federal award programs for the year ended January 31, 2023. Federal awards received directly from federal agencies as well as federal awards passed through other government agencies are included on the Schedule. Basis of Accounting Expenditures reported on the Schedule are reported on the accrual basis of accounting. Such expenditures are recognized following the cost principles contained in Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements. Cost Principles and Audit Requirements for Federal Awards (Uniform Guidance), wherein certain types of expenditures are not allowable or are limited as to reimbursement. Indirect Cost Rate The Organization has elected not to use the 10% de minimis indirect cost rate allowed under the uniform guidance. Indirect costs may be included in the reported expenditures, to the extent that they are included in the federal financial reports used as the source for the data presented. The Organization’s policy is to charge federal award programs with indirect costs as allowed in the grant budget. Matching Requirement 21st Century Comm Learning Centers CFDA# 84.287 does not have a matching requirement

Finding Details

Finding 2023-001

Finding: 2023-001 – Untimely Submission of Data Collection form (Significant Deficiency and Compliance Finding) Agency: Department of Education ALN # and Title ALN #84.287 21St Century Comm Learning Centers Criteria: Per 2 CFR 200.512 Report Submission. (a)(1) the audit must be completed, and the Data Collection Form and reporting package must be submitted within the earlier of 30 calendar days after receipt of the auditor’s report, or nine months after the end of the audit period. If the due date falls on a Saturday, Sunday or federal holiday, the reporting package is due on the following next business day. Condition: In performing the audit for the current year, the filing is past the due date. The Organizations’ established controls for financial reporting, including the preparation of a complete and accurate schedule of federal awards (SEFA) and filing of the DCF were not adhered to, resulting in the late filings to DCF. Questioned Costs: None noted Cause: The lack of submission was due to the organization’s staff being unable to provide the supporting documentation. This difficulty arose because the documents were disorganized during Vision Ed, Inc.'s office move from Manhattan to Brooklyn. Consequently, additional time was required to locate and organize the necessary files for the audit. Effect: Per CFR 200,512, the auditor must report the following as an audit finding in a schedule of findings and questioned costs. The Organization is not in compliance with the Date Collection Form reporting deadline. Management’s Response/Correction Action Plan: The late filing of the DCF was caused by disorganized documents during Vision Ed, Inc.'s office move from Manhattan to Brooklyn. Consequently, additional time was needed to locate and organize the necessary files for the audit, resulting in the backup documentation being unavailable for the audit process. To prevent this issue from recurring, we implemented new procedures in November 2023 and assigned Divya Mathur, Director of Business, to ensure proper and timely filing of documents. We are confident these measures will enable us to meet all future deadlines.

Finding 2023-001

Finding: 2023-001 – Untimely Submission of Data Collection form (Significant Deficiency and Compliance Finding) Agency: Department of Education ALN # and Title ALN #84.287 21St Century Comm Learning Centers Criteria: Per 2 CFR 200.512 Report Submission. (a)(1) the audit must be completed, and the Data Collection Form and reporting package must be submitted within the earlier of 30 calendar days after receipt of the auditor’s report, or nine months after the end of the audit period. If the due date falls on a Saturday, Sunday or federal holiday, the reporting package is due on the following next business day. Condition: In performing the audit for the current year, the filing is past the due date. The Organizations’ established controls for financial reporting, including the preparation of a complete and accurate schedule of federal awards (SEFA) and filing of the DCF were not adhered to, resulting in the late filings to DCF. Questioned Costs: None noted Cause: The lack of submission was due to the organization’s staff being unable to provide the supporting documentation. This difficulty arose because the documents were disorganized during Vision Ed, Inc.'s office move from Manhattan to Brooklyn. Consequently, additional time was required to locate and organize the necessary files for the audit. Effect: Per CFR 200,512, the auditor must report the following as an audit finding in a schedule of findings and questioned costs. The Organization is not in compliance with the Date Collection Form reporting deadline. Management’s Response/Correction Action Plan: The late filing of the DCF was caused by disorganized documents during Vision Ed, Inc.'s office move from Manhattan to Brooklyn. Consequently, additional time was needed to locate and organize the necessary files for the audit, resulting in the backup documentation being unavailable for the audit process. To prevent this issue from recurring, we implemented new procedures in November 2023 and assigned Divya Mathur, Director of Business, to ensure proper and timely filing of documents. We are confident these measures will enable us to meet all future deadlines.