FAC Explorer

Audit 340975

FY End
2024-06-30
Total Expended
$1.70M
Findings
14
Programs
6
Organization: Galapagos Rockford Charter School Nfp, Inc. (IL)
Year: 2024 Accepted: 2025-02-03
Auditor: Greico Adelman

Organization Exclusion Status:

Findings

ID Ref Severity Repeat Requirement
521062 2024-001 - - P
521063 2024-001 - - P
521064 2024-001 - - P
521065 2024-001 - - P
521066 2024-001 - - P
521067 2024-001 - - P
521068 2024-001 - - P
1097504 2024-001 - - P
1097505 2024-001 - - P
1097506 2024-001 - - P
1097507 2024-001 - - P
1097508 2024-001 - - P
1097509 2024-001 - - P
1097510 2024-001 - - P

Programs

ALN Program Spent Major Findings
84.425 Education Stabilization Fund $596,404 - 1
84.010 Title I Grants to Local Educational Agencies $452,179 - 1
10.555 National School Lunch Program $251,387 - 1
10.553 School Breakfast Program $155,537 - 1
84.027 Special Education Grants to States $125,092 - 1
10.582 Fresh Fruit and Vegetable Program $4,316 - 1

Contacts

Name Title Type
R6KNMQBHYVV1 Michael Lane Auditee
8157087946 Anne Adelman Auditor
No contacts on file

Notes to SEFA

Title: Note 1 Basis of Presentation Accounting Policies: Uniform Guidance Audits of States and Local Goverments and Non profits De Minimis Rate Used: Y Rate Explanation: The School has elected to use the 10% de minimis indirect cost rate permitted by 2 CFR Section 200.414 The accompanying schedule of expenditures offederal awards (the Schedule) includes the federal activity of Galapagos Rockford Charter School NFP, Inc. for the year ended June 30, 2024 and is presented on the accrual basis of accounting. The information in this Schedule is presented in accordance with the requirement of Uniform Guidance, Audits of States, and Local Governments and Non-Profit Organizations. Therefore, the amounts presented in these schedules may differ from amounts presented in or used in the preparation of the basic financial statements. Because this Schedule presents only a selected portion of the operations of the School, it is not intended to, and does not represent, the financial position, changes in net assets, or cash flows from the School.
Title: Note 2 - Summary of Significant Accounting Policies Accounting Policies: Uniform Guidance Audits of States and Local Goverments and Non profits De Minimis Rate Used: Y Rate Explanation: The School has elected to use the 10% de minimis indirect cost rate permitted by 2 CFR Section 200.414 EXPENDITURES: Expenditures reported on the Schedules are reported on the accrual basis of accounting. PASS-THROUGH ENTITIES: Pass through entity identifying numbers are presented on the Schedule where available.
Title: NOTE 3 • 10% DE MINIMIS INDIRECT COST RATE Accounting Policies: Uniform Guidance Audits of States and Local Goverments and Non profits De Minimis Rate Used: Y Rate Explanation: The School has elected to use the 10% de minimis indirect cost rate permitted by 2 CFR Section 200.414 The School has elected to use the 10% de minimis indirect cost rate as permitted by 2 CFR Section 200.414.
Title: Note 4 - Non Cash Transactions Accounting Policies: Uniform Guidance Audits of States and Local Goverments and Non profits De Minimis Rate Used: Y Rate Explanation: The School has elected to use the 10% de minimis indirect cost rate permitted by 2 CFR Section 200.414 No noncash transactions.
Title: Note 5 - SUBRECIPIENT RELATIONSHIPS Accounting Policies: Uniform Guidance Audits of States and Local Goverments and Non profits De Minimis Rate Used: Y Rate Explanation: The School has elected to use the 10% de minimis indirect cost rate permitted by 2 CFR Section 200.414 The School did not remit any funds to subrecipients.

Finding Details

Finding 2024-001
Finding No. 2023-001: Noncompliance with Federal Filing Requirements Condition: The School did not submit its audit report to the Federal Audit Clearinghouse within the required time frame. Criteria: The School is required to file the audit reports with 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 awardee's fiscal year end. Cause: The School's management was not aware of the deadline. Effect: Noncompliance with the federal reporting requirements potentially affecting the eligibility for federal funding or future audits. Recommendations: Management should implement procedures to ensure timely filing of all required reports with the Federal Audit Clearinghouse in the future. Management's Response: Galapagos Rockford Charter School NFP, Inc. agrees with the finding and the recommended procedures have been implemented.
Finding 2024-001
Finding No. 2023-001: Noncompliance with Federal Filing Requirements Condition: The School did not submit its audit report to the Federal Audit Clearinghouse within the required time frame. Criteria: The School is required to file the audit reports with 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 awardee's fiscal year end. Cause: The School's management was not aware of the deadline. Effect: Noncompliance with the federal reporting requirements potentially affecting the eligibility for federal funding or future audits. Recommendations: Management should implement procedures to ensure timely filing of all required reports with the Federal Audit Clearinghouse in the future. Management's Response: Galapagos Rockford Charter School NFP, Inc. agrees with the finding and the recommended procedures have been implemented.
Finding 2024-001
Finding No. 2023-001: Noncompliance with Federal Filing Requirements Condition: The School did not submit its audit report to the Federal Audit Clearinghouse within the required time frame. Criteria: The School is required to file the audit reports with 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 awardee's fiscal year end. Cause: The School's management was not aware of the deadline. Effect: Noncompliance with the federal reporting requirements potentially affecting the eligibility for federal funding or future audits. Recommendations: Management should implement procedures to ensure timely filing of all required reports with the Federal Audit Clearinghouse in the future. Management's Response: Galapagos Rockford Charter School NFP, Inc. agrees with the finding and the recommended procedures have been implemented.
Finding 2024-001
Finding No. 2023-001: Noncompliance with Federal Filing Requirements Condition: The School did not submit its audit report to the Federal Audit Clearinghouse within the required time frame. Criteria: The School is required to file the audit reports with 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 awardee's fiscal year end. Cause: The School's management was not aware of the deadline. Effect: Noncompliance with the federal reporting requirements potentially affecting the eligibility for federal funding or future audits. Recommendations: Management should implement procedures to ensure timely filing of all required reports with the Federal Audit Clearinghouse in the future. Management's Response: Galapagos Rockford Charter School NFP, Inc. agrees with the finding and the recommended procedures have been implemented.
Finding 2024-001
Finding No. 2023-001: Noncompliance with Federal Filing Requirements Condition: The School did not submit its audit report to the Federal Audit Clearinghouse within the required time frame. Criteria: The School is required to file the audit reports with 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 awardee's fiscal year end. Cause: The School's management was not aware of the deadline. Effect: Noncompliance with the federal reporting requirements potentially affecting the eligibility for federal funding or future audits. Recommendations: Management should implement procedures to ensure timely filing of all required reports with the Federal Audit Clearinghouse in the future. Management's Response: Galapagos Rockford Charter School NFP, Inc. agrees with the finding and the recommended procedures have been implemented.
Finding 2024-001
Finding No. 2023-001: Noncompliance with Federal Filing Requirements Condition: The School did not submit its audit report to the Federal Audit Clearinghouse within the required time frame. Criteria: The School is required to file the audit reports with 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 awardee's fiscal year end. Cause: The School's management was not aware of the deadline. Effect: Noncompliance with the federal reporting requirements potentially affecting the eligibility for federal funding or future audits. Recommendations: Management should implement procedures to ensure timely filing of all required reports with the Federal Audit Clearinghouse in the future. Management's Response: Galapagos Rockford Charter School NFP, Inc. agrees with the finding and the recommended procedures have been implemented.
Finding 2024-001
Finding No. 2023-001: Noncompliance with Federal Filing Requirements Condition: The School did not submit its audit report to the Federal Audit Clearinghouse within the required time frame. Criteria: The School is required to file the audit reports with 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 awardee's fiscal year end. Cause: The School's management was not aware of the deadline. Effect: Noncompliance with the federal reporting requirements potentially affecting the eligibility for federal funding or future audits. Recommendations: Management should implement procedures to ensure timely filing of all required reports with the Federal Audit Clearinghouse in the future. Management's Response: Galapagos Rockford Charter School NFP, Inc. agrees with the finding and the recommended procedures have been implemented.
Finding 2024-001
Finding No. 2023-001: Noncompliance with Federal Filing Requirements Condition: The School did not submit its audit report to the Federal Audit Clearinghouse within the required time frame. Criteria: The School is required to file the audit reports with 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 awardee's fiscal year end. Cause: The School's management was not aware of the deadline. Effect: Noncompliance with the federal reporting requirements potentially affecting the eligibility for federal funding or future audits. Recommendations: Management should implement procedures to ensure timely filing of all required reports with the Federal Audit Clearinghouse in the future. Management's Response: Galapagos Rockford Charter School NFP, Inc. agrees with the finding and the recommended procedures have been implemented.
Finding 2024-001
Finding No. 2023-001: Noncompliance with Federal Filing Requirements Condition: The School did not submit its audit report to the Federal Audit Clearinghouse within the required time frame. Criteria: The School is required to file the audit reports with 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 awardee's fiscal year end. Cause: The School's management was not aware of the deadline. Effect: Noncompliance with the federal reporting requirements potentially affecting the eligibility for federal funding or future audits. Recommendations: Management should implement procedures to ensure timely filing of all required reports with the Federal Audit Clearinghouse in the future. Management's Response: Galapagos Rockford Charter School NFP, Inc. agrees with the finding and the recommended procedures have been implemented.
Finding 2024-001
Finding No. 2023-001: Noncompliance with Federal Filing Requirements Condition: The School did not submit its audit report to the Federal Audit Clearinghouse within the required time frame. Criteria: The School is required to file the audit reports with 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 awardee's fiscal year end. Cause: The School's management was not aware of the deadline. Effect: Noncompliance with the federal reporting requirements potentially affecting the eligibility for federal funding or future audits. Recommendations: Management should implement procedures to ensure timely filing of all required reports with the Federal Audit Clearinghouse in the future. Management's Response: Galapagos Rockford Charter School NFP, Inc. agrees with the finding and the recommended procedures have been implemented.
Finding 2024-001
Finding No. 2023-001: Noncompliance with Federal Filing Requirements Condition: The School did not submit its audit report to the Federal Audit Clearinghouse within the required time frame. Criteria: The School is required to file the audit reports with 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 awardee's fiscal year end. Cause: The School's management was not aware of the deadline. Effect: Noncompliance with the federal reporting requirements potentially affecting the eligibility for federal funding or future audits. Recommendations: Management should implement procedures to ensure timely filing of all required reports with the Federal Audit Clearinghouse in the future. Management's Response: Galapagos Rockford Charter School NFP, Inc. agrees with the finding and the recommended procedures have been implemented.
Finding 2024-001
Finding No. 2023-001: Noncompliance with Federal Filing Requirements Condition: The School did not submit its audit report to the Federal Audit Clearinghouse within the required time frame. Criteria: The School is required to file the audit reports with 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 awardee's fiscal year end. Cause: The School's management was not aware of the deadline. Effect: Noncompliance with the federal reporting requirements potentially affecting the eligibility for federal funding or future audits. Recommendations: Management should implement procedures to ensure timely filing of all required reports with the Federal Audit Clearinghouse in the future. Management's Response: Galapagos Rockford Charter School NFP, Inc. agrees with the finding and the recommended procedures have been implemented.
Finding 2024-001
Finding No. 2023-001: Noncompliance with Federal Filing Requirements Condition: The School did not submit its audit report to the Federal Audit Clearinghouse within the required time frame. Criteria: The School is required to file the audit reports with 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 awardee's fiscal year end. Cause: The School's management was not aware of the deadline. Effect: Noncompliance with the federal reporting requirements potentially affecting the eligibility for federal funding or future audits. Recommendations: Management should implement procedures to ensure timely filing of all required reports with the Federal Audit Clearinghouse in the future. Management's Response: Galapagos Rockford Charter School NFP, Inc. agrees with the finding and the recommended procedures have been implemented.
Finding 2024-001
Finding No. 2023-001: Noncompliance with Federal Filing Requirements Condition: The School did not submit its audit report to the Federal Audit Clearinghouse within the required time frame. Criteria: The School is required to file the audit reports with 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 awardee's fiscal year end. Cause: The School's management was not aware of the deadline. Effect: Noncompliance with the federal reporting requirements potentially affecting the eligibility for federal funding or future audits. Recommendations: Management should implement procedures to ensure timely filing of all required reports with the Federal Audit Clearinghouse in the future. Management's Response: Galapagos Rockford Charter School NFP, Inc. agrees with the finding and the recommended procedures have been implemented.