FAC Explorer

Audit 345431

FY End
2024-06-30
Total Expended
$1.20M
Findings
2
Programs
7
Organization: Pinecrest Academy of Northern Nevada (NV)
Year: 2024 Accepted: 2025-03-10
Auditor: Forvis Mazars LLP

Organization Exclusion Status:

Findings

ID Ref Severity Repeat Requirement
526513 2024-001 Material Weakness - I
1102955 2024-001 Material Weakness - I

Programs

ALN Program Spent Major Findings
21.027 Coronavirus State and Local Fiscal Recovery Funds $51,410 Yes 1
84.424 Student Support and Academic Enrichment Program $49,636 - 0
10.555 National School Lunch Program $38,613 - 0
84.367 Supporting Effective Instruction State Grants (formerly Improving Teacher Quality State Grants) $33,920 - 0
10.553 School Breakfast Program $4,764 - 0
84.425 Education Stabilization Fund $2,920 Yes 0
84.027 Special Education Grants to States $1,726 - 0

Contacts

Name Title Type
HLTVK7ZMRZP1 Nachum Golodner Auditee
7024316260 Amanda Eaves Auditor
No contacts on file

Notes to SEFA

Title: Note 4. Federal Loan Programs Accounting Policies: Expenditures reported on the Schedule are reported on the 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 School has elected not to use the 10% de minimis indirect cost rate allowed under the Uniform Guidance. The School did not have any federal loan programs during the year ended June 30, 2024.
Title: Note 1. Basis of Presentation Accounting Policies: Expenditures reported on the Schedule are reported on the 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 School 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 (Schedule) includes the federal award activity of Pinecrest Academy of Northern Nevada (School) 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 a selected portion of the operations of the School, it is not intended to and does not present the financial position or changes in net position of the School.
Title: Note 5. Pass-Through Entities Identifying Number Accounting Policies: Expenditures reported on the Schedule are reported on the 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 School has elected not to use the 10% de minimis indirect cost rate allowed under the Uniform Guidance. When federal awards were received from a pass-through entity, the Schedule shows, if available, the identifying number assigned by the pass-through entity. When no identifying number is shown, the School determined that no identifying number is assigned for the program, or the School was unable to obtain an identifying number from the pass-through entity.

Finding Details

Finding 2024-001
Procurement, Suspension and Debarment U.S. Department of Treasury/Passed Through State of Nevada Department of Education Federal Assistance Listing Number 21.027 – Coronavirus State and Local Fiscal Recovery Funds – School Based Mental Health Worker Extension Project (SBMH) (COVID-19) Project Number 24-913-106000 Award Date – 10/17/2023–9/30/2025 Criteria – Management is responsible for implementing internal controls related to Procurement, Suspension and Debarment, as required by the Uniform Guidance. Condition – Evidence of the process of verifying that the vendor was not suspended or debarred, prior to entering into a transaction with the vendor, could not be provided for one vendor tested. Questioned Costs – None Context/Sampling – A non-statistical sample of one vendor out of three was selected for testing. Cause – The School lacked sufficient internal controls to ensure that the verification that the vendor was not suspended or debarred occurred and was documented prior to the expenditure. Effect or Potential Effect – There is a risk that the School could enter into a transaction with a vendor who is suspended or debarred. Recommendation – We recommend maintaining records that confirm vendors have been verified as not being suspended or debarred prior to engaging in any transactions. The School can further include a clause in vendor contracts or obtain a certification from vendors to this effect. Views of Responsible Officials and Planned Corrective Actions – As of July 1, 2024, a process was put in place to maintain evidence of verification of suspension and debarment with SAM.gov for all required vendors.
Finding 2024-001
Procurement, Suspension and Debarment U.S. Department of Treasury/Passed Through State of Nevada Department of Education Federal Assistance Listing Number 21.027 – Coronavirus State and Local Fiscal Recovery Funds – School Based Mental Health Worker Extension Project (SBMH) (COVID-19) Project Number 24-913-106000 Award Date – 10/17/2023–9/30/2025 Criteria – Management is responsible for implementing internal controls related to Procurement, Suspension and Debarment, as required by the Uniform Guidance. Condition – Evidence of the process of verifying that the vendor was not suspended or debarred, prior to entering into a transaction with the vendor, could not be provided for one vendor tested. Questioned Costs – None Context/Sampling – A non-statistical sample of one vendor out of three was selected for testing. Cause – The School lacked sufficient internal controls to ensure that the verification that the vendor was not suspended or debarred occurred and was documented prior to the expenditure. Effect or Potential Effect – There is a risk that the School could enter into a transaction with a vendor who is suspended or debarred. Recommendation – We recommend maintaining records that confirm vendors have been verified as not being suspended or debarred prior to engaging in any transactions. The School can further include a clause in vendor contracts or obtain a certification from vendors to this effect. Views of Responsible Officials and Planned Corrective Actions – As of July 1, 2024, a process was put in place to maintain evidence of verification of suspension and debarment with SAM.gov for all required vendors.