FAC Explorer

Audit 315550

FY End
2023-09-30
Total Expended
$3.39M
Findings
2
Programs
1
Organization: Nutrition, INC (IN)
Year: 2023 Accepted: 2024-07-22
Auditor: Donovan CPAS

Organization Exclusion Status:

Findings

ID Ref Severity Repeat Requirement
479031 2023-001 Significant Deficiency Yes P
1055473 2023-001 Significant Deficiency Yes P

Programs

ALN Program Spent Major Findings
10.558 Child and Adult Care Food Program $3.39M Yes 1

Contacts

Name Title Type
PZ35LW15FG94 Sudie Shaw‐price Auditee
3175439452 David Lemler Auditor
No contacts on file

Notes to SEFA

Title: Note 1 – Basis of Presentation Accounting Policies: Expenditures of federal awards includes are presented on the accrual basis of accounting. Such cost principles 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: Nutrition elected to not use the 10% de minimis indirect cost rate as covered in section 200.414 of the Uniform Guidance for Federal Awards. The accompanying schedule of expenditures of federal awards includes the federal granting activity of Nutrition, Inc. (Nutrition) and is presented on the accrual basis of accounting. The information in this schedule is presented in accordance with the requirements of Title 2 U.S. Code of Federal Regulations (CFR) Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards. Therefore, some amounts presented in this schedule may differ from amounts presented in or used in the preparation of the basic financial statements.
Title: Note 2 – Summary of Significant Accounting Policies Accounting Policies: Expenditures of federal awards includes are presented on the accrual basis of accounting. Such cost principles 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: Nutrition elected to not use the 10% de minimis indirect cost rate as covered in section 200.414 of the Uniform Guidance for Federal Awards. Expenditures of federal awards includes are presented on the accrual basis of accounting. Such cost principles 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: Note 3 – De Minimis Accounting Policies: Expenditures of federal awards includes are presented on the accrual basis of accounting. Such cost principles 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: Nutrition elected to not use the 10% de minimis indirect cost rate as covered in section 200.414 of the Uniform Guidance for Federal Awards. Nutrition elected to not use the 10% de minimis indirect cost rate as covered in section 200.414 of the Uniform Guidance for Federal Awards.

Finding Details

Finding 2023-001
Finding 2023-001 – Financial Statement and Federal Awards Program Information: 10.558 Department of Agriculture, Child and Adult Care Food Program Finding Resolution Status: Remains open and repeat finding. Information on Universe and Population: This is not applicable. Sample Size Information: This is not applicable. Statement of Condition: Compliance with generally accepted accounting principles (GAAP) and Government Auditing Standards require that certain accounting and administrative responsibilities must be performed by more than one person; however, only one person has access to all books and records. Due to the size of Nutrition, proper segregation of duties cannot be achieved without the cost exceeding any benefit. Criteria: Generally accepted accounting principles and Government Auditing Standards require management of Nutrition to establish policies to safeguard assets. Effect or Potential Effect: Because of inherent limitations in any internal control system, errors, irregularities, or instances of non-compliance may nevertheless occur and not be detected. Also, projection of any evaluation to future periods is subject to risk that procedures may become inadequate because of changes in conditions or that the effectiveness of the design and operation of policies and procedures may deteriorate. Cause: Nutrition lacks the size to adequately segregate duties. Recommendation: No recommendation. Due to the size of Nutrition, and the makeup of the staff, proper segregation of duties cannot be achieved without the cost exceeding the benefit at this moment in time. Questioned Costs: $0 Views of Responsible Officials and Planned Corrective Actions: The views of the management of Nutrition are set out in the Corrective Action Plan.
Finding 2023-001
Finding 2023-001 – Financial Statement and Federal Awards Program Information: 10.558 Department of Agriculture, Child and Adult Care Food Program Finding Resolution Status: Remains open and repeat finding. Information on Universe and Population: This is not applicable. Sample Size Information: This is not applicable. Statement of Condition: Compliance with generally accepted accounting principles (GAAP) and Government Auditing Standards require that certain accounting and administrative responsibilities must be performed by more than one person; however, only one person has access to all books and records. Due to the size of Nutrition, proper segregation of duties cannot be achieved without the cost exceeding any benefit. Criteria: Generally accepted accounting principles and Government Auditing Standards require management of Nutrition to establish policies to safeguard assets. Effect or Potential Effect: Because of inherent limitations in any internal control system, errors, irregularities, or instances of non-compliance may nevertheless occur and not be detected. Also, projection of any evaluation to future periods is subject to risk that procedures may become inadequate because of changes in conditions or that the effectiveness of the design and operation of policies and procedures may deteriorate. Cause: Nutrition lacks the size to adequately segregate duties. Recommendation: No recommendation. Due to the size of Nutrition, and the makeup of the staff, proper segregation of duties cannot be achieved without the cost exceeding the benefit at this moment in time. Questioned Costs: $0 Views of Responsible Officials and Planned Corrective Actions: The views of the management of Nutrition are set out in the Corrective Action Plan.