FAC Explorer

Audit 322558

FY End
2023-12-31
Total Expended
$3.22M
Findings
4
Programs
5
Organization: Family Advocates, Inc. (WI)
Year: 2023 Accepted: 2024-09-30
Auditor: Johnson Block & Company INC

Organization Exclusion Status:

Findings

ID Ref Severity Repeat Requirement
499735 2023-001 Material Weakness - N
499736 2023-001 Material Weakness - N
1076177 2023-001 Material Weakness - N
1076178 2023-001 Material Weakness - N

Programs

ALN Program Spent Major Findings
21.027 Coronavirus State and Local Fiscal Recovery Funds $2.76M Yes 1
16.575 Crime Victim Assistance $317,939 - 0
93.671 Family Violence Prevention and Services/domestic Violence Shelter and Supportive Services $43,168 - 0
93.497 Family Violence Prevention and Services/ Sexual Assault/rape Crisis Services and Supports $8,860 - 0
14.231 Emergency Solutions Grant Program $462 - 0

Contacts

Name Title Type
LG8SNLGUD629 Darlene Masters Auditee
6083485995 Brent Nelson Auditor
No contacts on file

Notes to SEFA

Title: Subrecipients Accounting Policies: The accompanying schedules of expenditures of federal and state awards includes the federal and state grant activity of Family Advocates, Inc. and is presented on the accrual basis of accounting. The information in these schedules 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 (Uniform Guidance) and the State Single Audit Guidelines, issued by the Wisconsin Department of Administration. Therefore, some amounts presented in these schedules may differ from amounts presented in or used in the preparation of the financial statements. De Minimis Rate Used: N Rate Explanation: The Organization does not use the 10 percent de minimis indirect cost rate as allowed under the Uniform Guidance. No amounts were passed through to subrecipients.

Finding Details

Finding 2023-001
Finding #2023-001 – Material Audit Adjustments Condition: Material audit adjustments were required to adjust noncash contributions and related expenses and various accounts related to the construction of the new building at year-end. Effect: Financial statements generated by the accounting system may not provide an accurate reflection of the Organization’s financial position and activities. Cause: Significant noncash contributions not recorded throughout the year and new building project spanning over multiple years. Criteria: Month-end and year-end closing processes should be in place to ensure that records are correct, reliable, and properly reconciled. Recommendation: We recommend that the Organization improve their month-end and year-end closing processes to include reviewing annual audit entries and posting any applicable entries prior to the audit. Management should then review the financial information on a timely basis. Response: The Organization will review the month-end and year-end closing processes. The Organization will review the annual audit entries as part of the closing processes and post any applicable entries prior to future audits.
Finding 2023-001
Finding #2023-001 – Material Audit Adjustments Condition: Material audit adjustments were required to adjust noncash contributions and related expenses and various accounts related to the construction of the new building at year-end. Effect: Financial statements generated by the accounting system may not provide an accurate reflection of the Organization’s financial position and activities. Cause: Significant noncash contributions not recorded throughout the year and new building project spanning over multiple years. Criteria: Month-end and year-end closing processes should be in place to ensure that records are correct, reliable, and properly reconciled. Recommendation: We recommend that the Organization improve their month-end and year-end closing processes to include reviewing annual audit entries and posting any applicable entries prior to the audit. Management should then review the financial information on a timely basis. Response: The Organization will review the month-end and year-end closing processes. The Organization will review the annual audit entries as part of the closing processes and post any applicable entries prior to future audits.
Finding 2023-001
Finding #2023-001 – Material Audit Adjustments Condition: Material audit adjustments were required to adjust noncash contributions and related expenses and various accounts related to the construction of the new building at year-end. Effect: Financial statements generated by the accounting system may not provide an accurate reflection of the Organization’s financial position and activities. Cause: Significant noncash contributions not recorded throughout the year and new building project spanning over multiple years. Criteria: Month-end and year-end closing processes should be in place to ensure that records are correct, reliable, and properly reconciled. Recommendation: We recommend that the Organization improve their month-end and year-end closing processes to include reviewing annual audit entries and posting any applicable entries prior to the audit. Management should then review the financial information on a timely basis. Response: The Organization will review the month-end and year-end closing processes. The Organization will review the annual audit entries as part of the closing processes and post any applicable entries prior to future audits.
Finding 2023-001
Finding #2023-001 – Material Audit Adjustments Condition: Material audit adjustments were required to adjust noncash contributions and related expenses and various accounts related to the construction of the new building at year-end. Effect: Financial statements generated by the accounting system may not provide an accurate reflection of the Organization’s financial position and activities. Cause: Significant noncash contributions not recorded throughout the year and new building project spanning over multiple years. Criteria: Month-end and year-end closing processes should be in place to ensure that records are correct, reliable, and properly reconciled. Recommendation: We recommend that the Organization improve their month-end and year-end closing processes to include reviewing annual audit entries and posting any applicable entries prior to the audit. Management should then review the financial information on a timely basis. Response: The Organization will review the month-end and year-end closing processes. The Organization will review the annual audit entries as part of the closing processes and post any applicable entries prior to future audits.