FAC Explorer

Audit 312514

FY End
2022-06-30
Total Expended
$879,209
Findings
2
Programs
2
Organization: Latino Resource Institute of Illinois (IL)
Year: 2022 Accepted: 2023-06-13
Auditor: Prado & Renteria CPAS Prof CORP

Organization Exclusion Status:

Findings

ID Ref Severity Repeat Requirement
442903 2022-002 Significant Deficiency - AB
1019345 2022-002 Significant Deficiency - AB

Programs

ALN Program Spent Major Findings
93.323 Epidemiology and Laboratory Capacity for Infectious Diseases (elc) $843,445 Yes 1
21.027 Coronavirus State and Local Fiscal Recovery Funds $35,764 - 0

Contacts

Name Title Type
T7FKAEJ99XM7 Hector Obregon-Luna Auditee
7087144423 Hilda Renteria Auditor
No contacts on file

Notes to SEFA

Title: SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES 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. De Minimis Rate Used: N Rate Explanation: The auditee did not use the de minimis cost rate. 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.
Title: LOANS AND LOAN GUARANTEES 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. De Minimis Rate Used: N Rate Explanation: The auditee did not use the de minimis cost rate. The Organization did not receive loans or loan guarantees for the year ended June 30, 2022.
Title: NON-CASH ASSISTANCE 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. De Minimis Rate Used: N Rate Explanation: The auditee did not use the de minimis cost rate. The Organization did not receive non-cash assistance for the year ended June 30, 2022.
Title: INSURANCE 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. De Minimis Rate Used: N Rate Explanation: The auditee did not use the de minimis cost rate. The Organization did not receive insurance assistance to reimburse losses for the year ended June 30, 2022.

Finding Details

Finding 2022-002
Finding 2022-002 Adherence and Application of Fiscal and Accounting Policies andProceduresFederal Agency: U.S. Department of Health and Human ServicesPass-through Entities: Chicago Department of Public HealthThe Chicago Cook Workforce PartnershipProgram Name: Epidemiology and Laboratory Capacity of Infectious Diseases(ELC)Assistance Listing #: 93.323Questioned Costs: NoneCondition/ContextWe tested a sample of twenty-five transactions, for nine of the twenty-five transactions there was no evidence of review and approval of the Executive Director.CriteriaPer the Organization?s Fiscal and Accounting Policies and Procedures, the Executive Director is responsible for reviewing and approving all expenditures processed via check or electronic payment.CauseThe Organization did not adhere and apply its Fiscal and Accounting Policies and Procedures.EffectNon-adherence and inconsistent application of established policies and procedures may result in errors and noncompliance with applicable OMB compliance requirements.RecommendationWe recommend that the Organization strengthen its internal control by updating its policy to include evidence of review and approval of the Executive Director. We also recommend that the Organization adheres to its Fiscal and Accounting Policies and Procedures.Organization?s Management ResponseSee corrective action plan.
Finding 2022-002
Finding 2022-002 Adherence and Application of Fiscal and Accounting Policies andProceduresFederal Agency: U.S. Department of Health and Human ServicesPass-through Entities: Chicago Department of Public HealthThe Chicago Cook Workforce PartnershipProgram Name: Epidemiology and Laboratory Capacity of Infectious Diseases(ELC)Assistance Listing #: 93.323Questioned Costs: NoneCondition/ContextWe tested a sample of twenty-five transactions, for nine of the twenty-five transactions there was no evidence of review and approval of the Executive Director.CriteriaPer the Organization?s Fiscal and Accounting Policies and Procedures, the Executive Director is responsible for reviewing and approving all expenditures processed via check or electronic payment.CauseThe Organization did not adhere and apply its Fiscal and Accounting Policies and Procedures.EffectNon-adherence and inconsistent application of established policies and procedures may result in errors and noncompliance with applicable OMB compliance requirements.RecommendationWe recommend that the Organization strengthen its internal control by updating its policy to include evidence of review and approval of the Executive Director. We also recommend that the Organization adheres to its Fiscal and Accounting Policies and Procedures.Organization?s Management ResponseSee corrective action plan.