FAC Explorer

Audit 344777

FY End
2024-08-31
Total Expended
$1.37M
Findings
2
Programs
2
Organization: Schuyler Head Start, Inc. (NY)
Year: 2024 Accepted: 2025-03-05
Auditor: Sciarabba Walker & CO LLP

Organization Exclusion Status:

Findings

ID Ref Severity Repeat Requirement
525660 2024-003 Significant Deficiency - B
1102102 2024-003 Significant Deficiency - B

Programs

ALN Program Spent Major Findings
93.600 Head Start $1.32M Yes 1
10.558 Child and Adult Care Food Program $50,250 - 0

Contacts

Name Title Type
NPCMPMJR2JM4 Noelle Gross Auditee
6075356814 Renata Dabrowska Auditor
No contacts on file

Notes to SEFA

Title: Basis of Presentation 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. De Minimis Rate Used: N Rate Explanation: Schuyler Head Start, Inc. has elected not to use the 10% de minimis indirect cost rate allowed under the Uniform Guidance. The accompanying schedule of expenditures of federal awards (the Schedule) includes the federal award activity of Schuyler Head Start, Inc. under programs of the federal government for the year ended August 31, 2024. 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). Because the Schedule presents only a selected portion of the operations of Schuyler Head Start, Inc., it is not intended to and does not present the financial position, changes in net assets, or cash flows of Schuyler Head Start, Inc.
Title: Summary of Significant Accounting Policies 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. De Minimis Rate Used: N Rate Explanation: Schuyler Head Start, Inc. has elected not to use the 10% de minimis indirect cost rate allowed under the Uniform Guidance. 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.
Title: Indirect Cost Rate 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. De Minimis Rate Used: N Rate Explanation: Schuyler Head Start, Inc. has elected not to use the 10% de minimis indirect cost rate allowed under the Uniform Guidance. Schuyler Head Start, Inc. has elected not to use the 10% de minimis indirect cost rate allowed under the Uniform Guidance.

Finding Details

Finding 2024-003
Condition and Criteria: The Organization drew federal funds in excess of expenditures during the period in the amount of $11,938. Effects: The Organization withdrew cash that it was not eligible to withdraw and failed to correct the error. Grant revenue was overstated. Cause: The Organization’s procedures to reconcile draws on federal funds to expenditures are inadequate. Context: Comparing draws on the federal grant to federal expenditures per the statement of activities as provided by Organization uncovered the internal control deficiency. Auditor’s Recommendation: The Organization should implement procedures to periodically compare federal grant draws to federal grant expenditures utilizing the cash account details and bank statement details while performing the reconciliation. The federal draws and expenditures reconciliations should be reviewed at the time of bank account reconciliation to ensure that all federal expenditures are properly recorded. Views of Responsible Officials and Planned Corrective Action: The Organization’s management has reviewed the disclosed audit finding. See attached management’s response letter submitted by the Organization detailing their corrective action plan for the audit year ended August 31, 2024.
Finding 2024-003
Condition and Criteria: The Organization drew federal funds in excess of expenditures during the period in the amount of $11,938. Effects: The Organization withdrew cash that it was not eligible to withdraw and failed to correct the error. Grant revenue was overstated. Cause: The Organization’s procedures to reconcile draws on federal funds to expenditures are inadequate. Context: Comparing draws on the federal grant to federal expenditures per the statement of activities as provided by Organization uncovered the internal control deficiency. Auditor’s Recommendation: The Organization should implement procedures to periodically compare federal grant draws to federal grant expenditures utilizing the cash account details and bank statement details while performing the reconciliation. The federal draws and expenditures reconciliations should be reviewed at the time of bank account reconciliation to ensure that all federal expenditures are properly recorded. Views of Responsible Officials and Planned Corrective Action: The Organization’s management has reviewed the disclosed audit finding. See attached management’s response letter submitted by the Organization detailing their corrective action plan for the audit year ended August 31, 2024.