FAC Explorer

Audit 325313

FY End
2023-06-30
Total Expended
$3.55M
Findings
2
Programs
7
Organization: Warren Easton Senior High School Foundation, Inc. (LA)
Year: 2023 Accepted: 2024-10-21
Auditor: Carr Riggs & Ingram

Organization Exclusion Status:

Findings

ID Ref Severity Repeat Requirement
503259 2023-004 Significant Deficiency - F
1079701 2023-004 Significant Deficiency - F

Programs

ALN Program Spent Major Findings
84.425 Covid-19 Education Stabilization Fund $2.13M Yes 1
10.555 National School Lunch Program $553,583 - 0
84.010 Title I Grants to Local Educational Agencies $438,981 - 0
84.027 Special Education Grants to States $277,328 - 0
84.048 Career and Technical Education -- Basic Grants to States $108,092 - 0
84.367 Title II Supporting Effective Instruction State Grants (formerly Improving Teacher Quality State Grants) $38,801 - 0
84.424 Title IV Student Support and Academic Enrichment Grants $6,366 - 0

Contacts

Name Title Type
JHE7L8XFCBM7 Lindsay Carter Auditee
5043247404 Amy Verberne Auditor
No contacts on file

Notes to SEFA

Title: Note 3: RELATIONSHIP TO BASIC FINANCIAL STATEMENTS Accounting Policies: Note 1: GENERAL The accompanying Schedule of Expenditures of Federal Awards (the Schedule) presents the expenditures of all federal awards of Warren Easton Charter High School Foundation, Inc. and Affiliate (the Organizations) (nonprofit organizations) for the year ended June 30, 2023. The information in this schedule is presented 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). Therefore, some amounts presented in this Schedule may differ from amounts presented in or used in the preparation of the basic consolidated financial statements. De Minimis Rate Used: N Rate Explanation: Note 2: INDIRECT COST RATE The Organizations have not elected to use the 10% de minimis indirect rate allowed under the Uniform Guidance. Federal awards revenues reported in the Organizations’ basic consolidated financial statements reconcile to federal award expenditures as follows:
Title: Note 4: LOANS Accounting Policies: Note 1: GENERAL The accompanying Schedule of Expenditures of Federal Awards (the Schedule) presents the expenditures of all federal awards of Warren Easton Charter High School Foundation, Inc. and Affiliate (the Organizations) (nonprofit organizations) for the year ended June 30, 2023. The information in this schedule is presented 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). Therefore, some amounts presented in this Schedule may differ from amounts presented in or used in the preparation of the basic consolidated financial statements. De Minimis Rate Used: N Rate Explanation: Note 2: INDIRECT COST RATE The Organizations have not elected to use the 10% de minimis indirect rate allowed under the Uniform Guidance. The Organizations did not expend federal awards related to loans or loan guarantees during the year.
Title: Note 5: FEDERALLY FUNDED INSURANCE Accounting Policies: Note 1: GENERAL The accompanying Schedule of Expenditures of Federal Awards (the Schedule) presents the expenditures of all federal awards of Warren Easton Charter High School Foundation, Inc. and Affiliate (the Organizations) (nonprofit organizations) for the year ended June 30, 2023. The information in this schedule is presented 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). Therefore, some amounts presented in this Schedule may differ from amounts presented in or used in the preparation of the basic consolidated financial statements. De Minimis Rate Used: N Rate Explanation: Note 2: INDIRECT COST RATE The Organizations have not elected to use the 10% de minimis indirect rate allowed under the Uniform Guidance. The Organizations have no federally funded insurance.
Title: Note 6: NONCASH ASSISTANCE Accounting Policies: Note 1: GENERAL The accompanying Schedule of Expenditures of Federal Awards (the Schedule) presents the expenditures of all federal awards of Warren Easton Charter High School Foundation, Inc. and Affiliate (the Organizations) (nonprofit organizations) for the year ended June 30, 2023. The information in this schedule is presented 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). Therefore, some amounts presented in this Schedule may differ from amounts presented in or used in the preparation of the basic consolidated financial statements. De Minimis Rate Used: N Rate Explanation: Note 2: INDIRECT COST RATE The Organizations have not elected to use the 10% de minimis indirect rate allowed under the Uniform Guidance. The Organizations received no noncash assistance.

Finding Details

Finding 2023-004
Finding 2023-004 Significant Deficiency – Internal Controls – EQUIPMENT INVENTORY U.S. Department of Education Passed-through State of Louisiana Department of Education Education Stabilization Fund (COVID-19) Assistance Listing Number 84.425D Program Year 2023 Criteria: In accordance with 2 CFR Part 200.313(d), the School must maintain property records and take physical inventory of property purchased with federal funds. Condition: While the School does maintain property records and perform physical inventory of property annually, 2 of 2 equipment items tested that were purchased with federal funds were not included on Cause: The School did not include all equipment purchased with federal funds on its existing inventory listing. Effect: Equipment purchased with federal funds is not being tracked and appropriately monitored for safeguarding and maintenance as required by federal regulations. Questioned costs: None Recommendation: We recommend that the School review all equipment purchases with federal funds and ensure that all items are included on the inventory listing and, thus, included as part of the annual inventory of property.
Finding 2023-004
Finding 2023-004 Significant Deficiency – Internal Controls – EQUIPMENT INVENTORY U.S. Department of Education Passed-through State of Louisiana Department of Education Education Stabilization Fund (COVID-19) Assistance Listing Number 84.425D Program Year 2023 Criteria: In accordance with 2 CFR Part 200.313(d), the School must maintain property records and take physical inventory of property purchased with federal funds. Condition: While the School does maintain property records and perform physical inventory of property annually, 2 of 2 equipment items tested that were purchased with federal funds were not included on Cause: The School did not include all equipment purchased with federal funds on its existing inventory listing. Effect: Equipment purchased with federal funds is not being tracked and appropriately monitored for safeguarding and maintenance as required by federal regulations. Questioned costs: None Recommendation: We recommend that the School review all equipment purchases with federal funds and ensure that all items are included on the inventory listing and, thus, included as part of the annual inventory of property.