FAC Explorer

Audit 33876

FY End
2022-06-30
Total Expended
$1.21M
Findings
2
Programs
4
Organization: Youth Haven, Inc. (FL)
Year: 2022 Accepted: 2023-08-14
Auditor: Cliftonlarsonallen LLP

Organization Exclusion Status:

Findings

ID Ref Severity Repeat Requirement
28616 2022-001 Material Weakness - P
605058 2022-001 Material Weakness - P

Programs

ALN Program Spent Major Findings
93.658 Foster Care_title IV-E $927,554 Yes 1
93.667 Social Services Block Grant $145,833 - 0
93.556 Promoting Safe and Stable Families $79,800 - 0
14.218 Community Development Block Grants/entitlement Grants $23,819 - 0

Contacts

Name Title Type
H53EDBJFE816 Linda Goldfield Auditee
2397742904 Amy Cooper Auditor
No contacts on file

Notes to SEFA

Accounting Policies: NOTE 1 PURPOSE OF THE SCHEDULE: The accompanying schedule of expenditures of federal awards (The Schedule) includes the federal award activity of Youth Haven, Inc. under programs of the federal government for the year ended June 30, 2022. The information in this Schedule is presented in accordance with the requirements of 2 CFR 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 Youth Haven, Inc., it is not intended to, and does not, present the financial position, changes in net assets, or cash flows of Youth Haven, Inc. NOTE 2 SUMMARY OF SIGNIFICANT ACCOUNTING: 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. Negative amounts shown on the Schedule represent adjustments or credits made in the normal course of business to amounts reported as expenditures in prior years. Youth Haven, Inc. has not elected to use the 10 percent de minimis indirect cost rate as allowed under the Uniform Guidance. During the year ended June 30, 2022, there were no funds passed through to sub recipients. De Minimis Rate Used: N Rate Explanation: The auditee did not use the de minimis cost rate.

Finding Details

Finding 2022-001
2022-001 Federal Agency: U.S. Department of Health and Human Services Federal Program Title: Shelter Grants - Other Cluster Assistance Listing Number: 93.658 Pass-Through Agency: Children's Network of Southwest Florida Pass-Through Number(s): GBQ01 Award Period: July 1, 2021 through June 30, 2022 Type of Finding: ? Material Weakness in Internal Control over Financial Reporting Condition: Investments and related investment income, as well as in-kind revenues and expenses, were materially misstated at June 30, 2022. Revenues and assets were incorrectly overstated due to the error with investments and revenues and expenses were understated due to the error with not recording in-kind revenues and expenses. As a result, audit entries were required to properly record the investments, investment income, and in-kind revenues and expenses for the year ended June 30, 2022. Criteria or specific requirement: Internal controls should be in place to provide reasonable assurance that financial statements are prepared in accordance with U.S. GAAP. Effect: Assets, revenues, and expenses were materially misstated for the year ended June 30, 2022. Cause: The Organization made errors when recording investments and related investment income. The Organization was not recording in-kind revenues and expenses as required by GAAP. Repeat finding : This is not a repeat finding. Recommendation: The Organization should record review the investment activity and reconcile to the general ledger on a monthly basis. This reconciliation should be reviewed and approved by someone other than preparer. Views of responsible officials and planned corrective actions : Management will ensure investment activity is reviewed and reconciled to the general ledger on a monthly basis.
Finding 2022-001
2022-001 Federal Agency: U.S. Department of Health and Human Services Federal Program Title: Shelter Grants - Other Cluster Assistance Listing Number: 93.658 Pass-Through Agency: Children's Network of Southwest Florida Pass-Through Number(s): GBQ01 Award Period: July 1, 2021 through June 30, 2022 Type of Finding: ? Material Weakness in Internal Control over Financial Reporting Condition: Investments and related investment income, as well as in-kind revenues and expenses, were materially misstated at June 30, 2022. Revenues and assets were incorrectly overstated due to the error with investments and revenues and expenses were understated due to the error with not recording in-kind revenues and expenses. As a result, audit entries were required to properly record the investments, investment income, and in-kind revenues and expenses for the year ended June 30, 2022. Criteria or specific requirement: Internal controls should be in place to provide reasonable assurance that financial statements are prepared in accordance with U.S. GAAP. Effect: Assets, revenues, and expenses were materially misstated for the year ended June 30, 2022. Cause: The Organization made errors when recording investments and related investment income. The Organization was not recording in-kind revenues and expenses as required by GAAP. Repeat finding : This is not a repeat finding. Recommendation: The Organization should record review the investment activity and reconcile to the general ledger on a monthly basis. This reconciliation should be reviewed and approved by someone other than preparer. Views of responsible officials and planned corrective actions : Management will ensure investment activity is reviewed and reconciled to the general ledger on a monthly basis.