FAC Explorer

Audit 323394

FY End
2023-12-31
Total Expended
$1.37M
Findings
12
Programs
5
Organization: West Community Economic Development Corporation (CO)
Year: 2023 Accepted: 2024-09-30
Auditor: Ryan Gunsuals & O'Donnell LLC

Organization Exclusion Status:

Findings

ID Ref Severity Repeat Requirement
501136 2023-001 Material Weakness - P
501137 2023-002 Material Weakness - P
501138 2023-001 Material Weakness - P
501139 2023-001 Material Weakness - P
501140 2023-001 Material Weakness - P
501141 2023-001 Material Weakness - P
1077578 2023-001 Material Weakness - P
1077579 2023-002 Material Weakness - P
1077580 2023-001 Material Weakness - P
1077581 2023-001 Material Weakness - P
1077582 2023-001 Material Weakness - P
1077583 2023-001 Material Weakness - P

Programs

ALN Program Spent Major Findings
11.307 Economic Adjustment Assistance $777,289 Yes 2
14.218 Community Development Block Grants/entitlement Grants $327,873 - 1
21.027 Coronavirus State and Local Fiscal Recovery Funds $187,323 - 1
16.753 Congressionally Recommended Awards $57,326 - 1
16.817 Byrne Criminal Justice Innovation Program $17,134 - 1

Contacts

Name Title Type
KUHHKLUY1LA1 Jose Esparza Auditee
3039364302 Jennifer Ulrich Auditor
No contacts on file

Notes to SEFA

Accounting Policies: Expenditures of federal awards (the Schedule) includes the federal grant activity of West Community Development Corporation (dba BuCu West Development), and is presented on the accrual basis of accounting. De Minimis Rate Used: Y Rate Explanation: The auditee uses the 10% de mimimis cost rate.

Finding Details

Finding 2023-001
The SEFA prepared did not include assistance listing numbers and one grant (Economic Adjustment Assistance) was reported with an amount that was cumulative for both 2022 and 2023 expenditures.
Finding 2023-002
West Community Development Corporation (dba BuCu West Development Center) tracks and reports trasactions for the reimbursement based on a cash basis of accounting; therefore the SEFA includes 2022 transactions and excludes some 2023 transactions that are on the first reimbursement request made in 2024.
Finding 2023-001
The SEFA prepared did not include assistance listing numbers and one grant (Economic Adjustment Assistance) was reported with an amount that was cumulative for both 2022 and 2023 expenditures.
Finding 2023-001
The SEFA prepared did not include assistance listing numbers and one grant (Economic Adjustment Assistance) was reported with an amount that was cumulative for both 2022 and 2023 expenditures.
Finding 2023-001
The SEFA prepared did not include assistance listing numbers and one grant (Economic Adjustment Assistance) was reported with an amount that was cumulative for both 2022 and 2023 expenditures.
Finding 2023-001
The SEFA prepared did not include assistance listing numbers and one grant (Economic Adjustment Assistance) was reported with an amount that was cumulative for both 2022 and 2023 expenditures.
Finding 2023-001
The SEFA prepared did not include assistance listing numbers and one grant (Economic Adjustment Assistance) was reported with an amount that was cumulative for both 2022 and 2023 expenditures.
Finding 2023-002
West Community Development Corporation (dba BuCu West Development Center) tracks and reports trasactions for the reimbursement based on a cash basis of accounting; therefore the SEFA includes 2022 transactions and excludes some 2023 transactions that are on the first reimbursement request made in 2024.
Finding 2023-001
The SEFA prepared did not include assistance listing numbers and one grant (Economic Adjustment Assistance) was reported with an amount that was cumulative for both 2022 and 2023 expenditures.
Finding 2023-001
The SEFA prepared did not include assistance listing numbers and one grant (Economic Adjustment Assistance) was reported with an amount that was cumulative for both 2022 and 2023 expenditures.
Finding 2023-001
The SEFA prepared did not include assistance listing numbers and one grant (Economic Adjustment Assistance) was reported with an amount that was cumulative for both 2022 and 2023 expenditures.
Finding 2023-001
The SEFA prepared did not include assistance listing numbers and one grant (Economic Adjustment Assistance) was reported with an amount that was cumulative for both 2022 and 2023 expenditures.