FAC Explorer

Audit 310234

FY End
2022-12-31
Total Expended
$1.11M
Findings
8
Programs
3
Organization: The Pre-School Inc. (AR)
Year: 2022 Accepted: 2024-06-26
Auditor: Przybysz & Associates CPAS PC

Organization Exclusion Status:

Findings

ID Ref Severity Repeat Requirement
403094 2022-003 - - A
403095 2022-003 - - A
403096 2022-003 - - A
403097 2022-003 - - A
979536 2022-003 - - A
979537 2022-003 - - A
979538 2022-003 - - A
979539 2022-003 - - A

Programs

ALN Program Spent Major Findings
10.558 Child and Adult Care Food Program $60,642 - 0
93.575 Child Care and Development Block Grant $5,615 Yes 1
93.658 Foster Care_title IV-E $2,794 - 0

Contacts

Name Title Type
QKAHXJ9KQMG7 Jodi Bay Auditee
4796593013 Marc Lux, CPA Auditor
No contacts on file

Notes to SEFA

Title: Basis of Presentation Accounting Policies: This schedule of federal awards includes the federal program activity of The Pre-School Inc. and is presented on the accrual basis of accounting. Such expenditures are recognized following the cost principles containted 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: The Pre-School Inc. allocates 100% of their costs directly, and therefore does not use an indirect cost rate under the Uniform Guidance. The accompanying schedule of expenditures of federal awards (the Schedule) includes the federal award activity of The Pre-School Inc. under programs of the federal governments for the year ended December 31, 2022. 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 Principals, and Audit Requirements for Federal Awards (Uniform Guidance). Because the Schedule presents only a selected portion of the operations of The Pre-School, Inc., it is not intended to and does not present the financial position, changes in net assets, or cash flows of the Organization.
Title: Federal Awards Passed Through to Subrecipients Accounting Policies: This schedule of federal awards includes the federal program activity of The Pre-School Inc. and is presented on the accrual basis of accounting. Such expenditures are recognized following the cost principles containted 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: The Pre-School Inc. allocates 100% of their costs directly, and therefore does not use an indirect cost rate under the Uniform Guidance. No federal financial assistance has been provided to a subrecipient.

Finding Details

Finding 2022-003
The Organization does not have sufficient internal controls over the segregating and monitoring of disbursement of federal funds creating the appearance that federal funds are being spent on unallowed activities. The Organization did not track spending on certain federal grants, which allowed the possiblity that federal grant funding had been spent on unallowed activities.
Finding 2022-003
The Organization does not have sufficient internal controls over the segregating and monitoring of disbursement of federal funds creating the appearance that federal funds are being spent on unallowed activities. The Organization did not track spending on certain federal grants, which allowed the possiblity that federal grant funding had been spent on unallowed activities.
Finding 2022-003
The Organization does not have sufficient internal controls over the segregating and monitoring of disbursement of federal funds creating the appearance that federal funds are being spent on unallowed activities. The Organization did not track spending on certain federal grants, which allowed the possiblity that federal grant funding had been spent on unallowed activities.
Finding 2022-003
The Organization does not have sufficient internal controls over the segregating and monitoring of disbursement of federal funds creating the appearance that federal funds are being spent on unallowed activities. The Organization did not track spending on certain federal grants, which allowed the possiblity that federal grant funding had been spent on unallowed activities.
Finding 2022-003
The Organization does not have sufficient internal controls over the segregating and monitoring of disbursement of federal funds creating the appearance that federal funds are being spent on unallowed activities. The Organization did not track spending on certain federal grants, which allowed the possiblity that federal grant funding had been spent on unallowed activities.
Finding 2022-003
The Organization does not have sufficient internal controls over the segregating and monitoring of disbursement of federal funds creating the appearance that federal funds are being spent on unallowed activities. The Organization did not track spending on certain federal grants, which allowed the possiblity that federal grant funding had been spent on unallowed activities.
Finding 2022-003
The Organization does not have sufficient internal controls over the segregating and monitoring of disbursement of federal funds creating the appearance that federal funds are being spent on unallowed activities. The Organization did not track spending on certain federal grants, which allowed the possiblity that federal grant funding had been spent on unallowed activities.
Finding 2022-003
The Organization does not have sufficient internal controls over the segregating and monitoring of disbursement of federal funds creating the appearance that federal funds are being spent on unallowed activities. The Organization did not track spending on certain federal grants, which allowed the possiblity that federal grant funding had been spent on unallowed activities.