Audit 347582

FY End

2024-12-31

Total Expended

$957,198

Findings

2

Programs

1

Organization: Better Waterworks, Inc. (LA)

Year: 2024 Accepted: 2025-03-24

Auditor: M Carleen Dumas CPA

Organization Exclusion Status:

Checking exclusion status...

ID	Ref	Severity	Repeat	Requirement
529681	2024-002	Material Weakness	-	P
1106123	2024-002	Material Weakness	-	P

ALN	Program	Spent	Major	Findings
21.027	Coronavirus State and Local Fiscal Recovery Funds	$957,198	Yes	1

Contacts

Name	Title	Type
C1J8GT1DL1Q8	Becky Pullin	Auditee
3183436851	Carleen Dumas	Auditor
No contacts on file

Notes to SEFA

Title: Note 1 - Basis of Accounting Accounting Policies: Note 1 - Basis of Accounting The accompanying Schedule of Expenditures of Federal Awards includes the federal funds activity of the water system, and is presented on the accrual basis of accounting. The information in this schedule is presented in accordance with the requirements of the Uniform Guidance, Audits of States, Local Governments, and Non-Profit Organizations. Expenditures in this schedule represent only the federally funded portions of the program. The water system’s records should be consulted to determine the amounts expended from non-federal sources. De Minimis Rate Used: N Rate Explanation: No indirect costs The accompanying Schedule of Expenditures of Federal Awards includes the federal funds activity of the water system, and is presented on the accrual basis of accounting. The information in this schedule is presented in accordance with the requirements of the Uniform Guidance, Audits of States, Local Governments, and Non-Profit Organizations. Expenditures in this schedule represent only the federally funded portions of the program. The water system’s records should be consulted to determine the amounts expended from non-federal sources.

Title: Note 2 - Indirect Cost Rate Accounting Policies: Note 1 - Basis of Accounting The accompanying Schedule of Expenditures of Federal Awards includes the federal funds activity of the water system, and is presented on the accrual basis of accounting. The information in this schedule is presented in accordance with the requirements of the Uniform Guidance, Audits of States, Local Governments, and Non-Profit Organizations. Expenditures in this schedule represent only the federally funded portions of the program. The water system’s records should be consulted to determine the amounts expended from non-federal sources. De Minimis Rate Used: N Rate Explanation: No indirect costs The water system has not elected to use the 10 percent de minimis indirect cost rate as allowed under the Uniform Guidance.

Finding Details

Finding 2024-002

2024-002. Failure to Maintain Accurate Accounting Records for Federal Awards Criteria: Title 2 U. S. Code of Federal Regulations (CFR) Section 200.303, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance) requires the recipient of federal awards to establish and maintain internal control over federal awards that provide reasonable assurance that the recipient is managing the federal awards in compliance with federal statutes, regulations, and the terms and conditions of the federal award. One of the objectives of internal control over compliance is to ensure that federal transactions are properly recorded and accounted for in the accounting records in order to permit the preparation of reliable financial statements, including the Schedule of Expenditures of Federal Awards. Condition: Federal grant revenues in the amount of $270,907 were not properly recorded in the accounting records. Cause: Undetermined. Effect: Federal award transactions could be improperly reported in the financial statements and the Schedule of Expenditures of Federal Awards. Recommendation: All future federal grant revenue should be properly recorded in the accounting records.

Finding 2024-002

2024-002. Failure to Maintain Accurate Accounting Records for Federal Awards Criteria: Title 2 U. S. Code of Federal Regulations (CFR) Section 200.303, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance) requires the recipient of federal awards to establish and maintain internal control over federal awards that provide reasonable assurance that the recipient is managing the federal awards in compliance with federal statutes, regulations, and the terms and conditions of the federal award. One of the objectives of internal control over compliance is to ensure that federal transactions are properly recorded and accounted for in the accounting records in order to permit the preparation of reliable financial statements, including the Schedule of Expenditures of Federal Awards. Condition: Federal grant revenues in the amount of $270,907 were not properly recorded in the accounting records. Cause: Undetermined. Effect: Federal award transactions could be improperly reported in the financial statements and the Schedule of Expenditures of Federal Awards. Recommendation: All future federal grant revenue should be properly recorded in the accounting records.