FAC Explorer

Audit 330548

FY End
2023-12-31
Total Expended
$2.13M
Findings
2
Programs
1
Organization: Golden Apple Foundation for Excellence in Teaching (IL)
Year: 2023 Accepted: 2024-12-03
Auditor: Wipfli LLP

Organization Exclusion Status:

Findings

ID Ref Severity Repeat Requirement
512705 2023-001 Significant Deficiency - L
1089147 2023-001 Significant Deficiency - L

Programs

ALN Program Spent Major Findings
21.027 Coronavirus State and Local Fiscal Recovery Funds $2.13M Yes 1

Contacts

Name Title Type
LGYQMJWY2KH6 Yomi Ibrahim Auditee
3124070321 Mike Webber Auditor
No contacts on file

Notes to SEFA

Title: General Accounting Policies: Expenditures reported on the Schedule are reported on the accrual basis of accounting. Such expenditures 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. Pass-through entity identifying numbers are presented where available. De Minimis Rate Used: Y Rate Explanation: Golden Apple Foundation for Excellence in Teaching has elected to use the 10-percent de minimis indirect cost rate allowed under the Uniform Guidance. The accompanying schedule of expenditures of federal awards (the “Schedule”) includes the federal grant activity of Golden Apple Foundation for Excellence in Teaching under programs of the federal government for the year ended December 31, 2023. The information in this schedule is presented in accordance with requirements of the 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 schedule presents only a selected portion of the operations of Golden Apple Foundation for Excellence in Teaching, it is not intended to and does not present the financial position, changes in net assets or cash flows of Golden Apple Foundation for Excellence in Teaching.
Title: Sub-Recipients Accounting Policies: Expenditures reported on the Schedule are reported on the accrual basis of accounting. Such expenditures 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. Pass-through entity identifying numbers are presented where available. De Minimis Rate Used: Y Rate Explanation: Golden Apple Foundation for Excellence in Teaching has elected to use the 10-percent de minimis indirect cost rate allowed under the Uniform Guidance. Golden Apple Foundation for Excellence in Teaching does not have any sub-recipients of federal awards.

Finding Details

Finding 2023-001
Finding Number: 2023-001 Data Collection Form Late Submission Repeat Finding: No Questioned Costs: None Funding Agency: Department of Treasury Title: COVID-19 Coronavirus State and Local Fiscal Recovery Funds (CSFR) AL Numbers: 21.027 Award Year: 7/1/21 - 12/31/24 Condition - The Foundation did not submit the December 31, 2023 data collection form and reporting package to the Federal Audit Clearinghouse in a timely matter. Criteria - The Report Submission that is codified in 2 CFR Part 200.512 requires the auditee must submit the applicable data elements of the data collection form to the Federal Audit Clearinghouse within the earlier of 30 calendar days after receipt of the auditor's report or nine months after the end of the audit period. Cause - The Foundation's December 31, 2023 audit was not completed prior to the due date. Effect - The Foundation was not in compliance with audit submission requirements, resulting in a significant deficiency in internal control over compliance. Recommendations - We recommend the Foundation implement systems and procedures to ensure timely completion of its audit and submission of the audit package to the Federal Audit Clearinghouse. View of Responsible Officials - Management agrees with the finding and has committed to a corrective action plan.
Finding 2023-001
Finding Number: 2023-001 Data Collection Form Late Submission Repeat Finding: No Questioned Costs: None Funding Agency: Department of Treasury Title: COVID-19 Coronavirus State and Local Fiscal Recovery Funds (CSFR) AL Numbers: 21.027 Award Year: 7/1/21 - 12/31/24 Condition - The Foundation did not submit the December 31, 2023 data collection form and reporting package to the Federal Audit Clearinghouse in a timely matter. Criteria - The Report Submission that is codified in 2 CFR Part 200.512 requires the auditee must submit the applicable data elements of the data collection form to the Federal Audit Clearinghouse within the earlier of 30 calendar days after receipt of the auditor's report or nine months after the end of the audit period. Cause - The Foundation's December 31, 2023 audit was not completed prior to the due date. Effect - The Foundation was not in compliance with audit submission requirements, resulting in a significant deficiency in internal control over compliance. Recommendations - We recommend the Foundation implement systems and procedures to ensure timely completion of its audit and submission of the audit package to the Federal Audit Clearinghouse. View of Responsible Officials - Management agrees with the finding and has committed to a corrective action plan.