FAC Explorer

Audit 323230

FY End
2023-12-31
Total Expended
$1.16M
Findings
2
Programs
12
Organization: Coquille Watershed Association (OR)
Year: 2023 Accepted: 2024-09-30
Auditor: Grimstad & Assoc

Organization Exclusion Status:

Findings

ID Ref Severity Repeat Requirement
500927 2023-001 Material Weakness - A
1077369 2023-001 Material Weakness - A

Programs

ALN Program Spent Major Findings
11.463 Habitat Conservation $72,923 - 0
15.614 Coastal Wetlands Planning, Protection and Restoration $60,920 - 0
15.015 Good Neighbor Authority $28,128 - 0
15.630 Coastal $11,488 - 0
15.234 Secure Rural Schools and Community Self-Determination $9,769 - 0
15.244 Aquatics Resources Management $7,512 - 0
15.245 Plant Conservation and Restoration Management $6,295 - 0
15.228 Blm Fuels Management and Community Fire Assistance Program Activities $5,393 - 0
15.230 Invasive and Noxious Plant Management $4,526 - 0
21.027 Coronavirus State and Local Fiscal Recovery Funds $2,864 - 0
15.631 Partners for Fish and Wildlife $1,808 - 0
11.438 Pacific Coast Salmon Recovery Pacific Salmon Treaty Program $661 Yes 0

Contacts

Name Title Type
LNSHGHCJZ7U9 Becky Dhooge Auditee
5413962541 Signe Grimstad Auditor
No contacts on file

Notes to SEFA

Title: NOTE 1 - BASIS OF PRESENTATION Accounting Policies: SEE NOTE 2 De Minimis Rate Used: Y Rate Explanation: SEE NOTE 2 The accompanying schedule of expenditures of federal awards (SEFA) includes the federal award activity of Coquille Watershed Association (CoqWA) under programs of the federal government for the year ended December 31, 2023. The information in the SEFA is prepared 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 SEFA presents ony a selected portion of the operations of CoqWA, it is not intended to and does not ppresent the financial position, changes in net assets, or cash flows of CoqWA.
Title: NOTE 2 - SUMMARY OF SIGNIFICAN ACCOUNTING POLICIES Accounting Policies: SEE NOTE 2 De Minimis Rate Used: Y Rate Explanation: SEE NOTE 2 Expenditures reported on the SEFA are reported on the accrual basis of accounting. Such expenditures are recoginzed following the cost principles contained in Title 2 U.S. Code of Federal Requlations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards, wherein certain types of expenditures are not allowed or are limited as to reimbursement. CoqWA elected to use the ten percent de minimus indirect cost rate as allowed under the Uniform Guidance when a grant or contract did not specify the indirect cost rate.

Finding Details

Finding 2023-001
Material Weakness - Internal Control - Accounting Corrections The auditor calculated, and CoqWA approved recording several material adjustments to the financial statements in order for the audited financial statements to be materially correct.
Finding 2023-001
Material Weakness - Internal Control - Accounting Corrections The auditor calculated, and CoqWA approved recording several material adjustments to the financial statements in order for the audited financial statements to be materially correct.