FAC Explorer

Audit 345100

FY End
2023-06-30
Total Expended
$762,562
Findings
10
Programs
10
Organization: Riceville Community School District (IA)
Year: 2023 Accepted: 2025-03-06
Auditor: Nolte Cornman & Johnson PC

Organization Exclusion Status:

Findings

ID Ref Severity Repeat Requirement
525934 2023-002 Material Weakness Yes ABEILN
525935 2023-002 Material Weakness Yes ABEILN
525936 2023-002 Material Weakness Yes ABEILN
525937 2023-002 Material Weakness Yes ABFL
525938 2023-002 Material Weakness Yes ABFL
1102376 2023-002 Material Weakness Yes ABEILN
1102377 2023-002 Material Weakness Yes ABEILN
1102378 2023-002 Material Weakness Yes ABEILN
1102379 2023-002 Material Weakness Yes ABFL
1102380 2023-002 Material Weakness Yes ABFL

Programs

ALN Program Spent Major Findings
10.555 National School Lunch Program $203,077 Yes 1
84.010 Title I Grants to Local Educational Agencies $170,478 - 0
10.559 Summer Food Service Program for Children $46,095 Yes 1
10.553 School Breakfast Program $36,226 Yes 1
84.367 Supporting Effective Instruction State Grants (formerly Improving Teacher Quality State Grants) $21,284 - 0
84.027 Special Education Grants to States $15,655 - 0
84.424 Student Support and Academic Enrichment Program $10,000 - 0
84.425 Education Stabilization Fund $8,627 Yes 1
84.048 Career and Technical Education -- Basic Grants to States $8,150 - 0
10.185 Local Food for Schools Cooperative Agreement Program $8,000 - 0

Contacts

Name Title Type
KCAFJY7JM3G1 Jennifer Dunn Auditee
6419852288 Nancy Janssen Auditor
No contacts on file

Notes to SEFA

Title: Basis of Presentation Accounting Policies: Expenditures reported in the Schedule are reported on the accrual or modified 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: The auditee did not use the de minimis cost rate. The accompanying Schedule of Expenditures of Federal Awards (Schedule) includes the federal award activity of Riceville Community School District under programs of the federal government for the year ended June 30, 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 selected portion of the operations of Riceville Community School District, it is not intended to and does not represent the financial position, changes in financial position or cash flows of Riceville Community School District.
Title: Subrecipients Accounting Policies: Expenditures reported in the Schedule are reported on the accrual or modified 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: The auditee did not use the de minimis cost rate. No federal expenditures presented in this schedule were provided to subrecipients.

Finding Details

Finding 2023-002
One important aspect of the internal control structure is the segregation of duties among employees to prevent an individual employee from handling duties which are incompatible. We noted one individual has control over portions of one or more of the following areas for the District relating to federal programs; cash, inventories, capital assets, receipts, payroll, disbursements and computer systems. See finding 2023-001.
Finding 2023-002
One important aspect of the internal control structure is the segregation of duties among employees to prevent an individual employee from handling duties which are incompatible. We noted one individual has control over portions of one or more of the following areas for the District relating to federal programs; cash, inventories, capital assets, receipts, payroll, disbursements and computer systems. See finding 2023-001.
Finding 2023-002
One important aspect of the internal control structure is the segregation of duties among employees to prevent an individual employee from handling duties which are incompatible. We noted one individual has control over portions of one or more of the following areas for the District relating to federal programs; cash, inventories, capital assets, receipts, payroll, disbursements and computer systems. See finding 2023-001.
Finding 2023-002
One important aspect of the internal control structure is the segregation of duties among employees to prevent an individual employee from handling duties which are incompatible. We noted one individual has control over portions of one or more of the following areas for the District relating to federal programs; cash, inventories, capital assets, receipts, payroll, disbursements and computer systems. See finding 2023-001.
Finding 2023-002
One important aspect of the internal control structure is the segregation of duties among employees to prevent an individual employee from handling duties which are incompatible. We noted one individual has control over portions of one or more of the following areas for the District relating to federal programs; cash, inventories, capital assets, receipts, payroll, disbursements and computer systems. See finding 2023-001.
Finding 2023-002
One important aspect of the internal control structure is the segregation of duties among employees to prevent an individual employee from handling duties which are incompatible. We noted one individual has control over portions of one or more of the following areas for the District relating to federal programs; cash, inventories, capital assets, receipts, payroll, disbursements and computer systems. See finding 2023-001.
Finding 2023-002
One important aspect of the internal control structure is the segregation of duties among employees to prevent an individual employee from handling duties which are incompatible. We noted one individual has control over portions of one or more of the following areas for the District relating to federal programs; cash, inventories, capital assets, receipts, payroll, disbursements and computer systems. See finding 2023-001.
Finding 2023-002
One important aspect of the internal control structure is the segregation of duties among employees to prevent an individual employee from handling duties which are incompatible. We noted one individual has control over portions of one or more of the following areas for the District relating to federal programs; cash, inventories, capital assets, receipts, payroll, disbursements and computer systems. See finding 2023-001.
Finding 2023-002
One important aspect of the internal control structure is the segregation of duties among employees to prevent an individual employee from handling duties which are incompatible. We noted one individual has control over portions of one or more of the following areas for the District relating to federal programs; cash, inventories, capital assets, receipts, payroll, disbursements and computer systems. See finding 2023-001.
Finding 2023-002
One important aspect of the internal control structure is the segregation of duties among employees to prevent an individual employee from handling duties which are incompatible. We noted one individual has control over portions of one or more of the following areas for the District relating to federal programs; cash, inventories, capital assets, receipts, payroll, disbursements and computer systems. See finding 2023-001.