FAC Explorer

Audit 351453

FY End
2024-06-30
Total Expended
$1.22M
Findings
6
Programs
3
Organization: Kids' Harbor, INC (MO)
Year: 2024 Accepted: 2025-03-31
Auditor: Evers and Company Cpa's LLC

Organization Exclusion Status:

Findings

ID Ref Severity Repeat Requirement
547100 2024-001 Material Weakness - A
547101 2024-002 Material Weakness - P
547102 2024-003 Significant Deficiency - P
1123542 2024-001 Material Weakness - A
1123543 2024-002 Material Weakness - P
1123544 2024-003 Significant Deficiency - P

Programs

ALN Program Spent Major Findings
16.575 Crime Victim Assistance $1.02M Yes 3
16.758 Improving the Investigation and Prosecution of Child Abuse and the Regional and Local Children's Advocacy Centers $118,370 - 0
93.669 Child Abuse and Neglect State Grants $87,265 - 0

Contacts

Name Title Type
NB3RLGAKVBF5 Cara Gerdiman Auditee
5733486886 Bobbie Murray Auditor
No contacts on file

Notes to SEFA

Title: NOTE 1 – BASIS OF PRESENTATION: Accounting Policies: Expenditures reported on the Schedule are reported on the modified cash basis of accounting. Such expenditures are recognized following the cost principles contained in Uniform Guidance, wherein certain types of expenditures are not allowable or are limited as to reimbursement. De Minimis Rate Used: N Rate Explanation: Kids’ Harbor, Inc. has elected not to use the 10% de minimis indirect cost rate approved under the Uniform Guidance. The accompanying Schedule of Expenditures of Federal Awards includes the federal grant activity of Kids’ Harbor, Inc. 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 Kids’ Harbor, Inc., it is not intended and does not present the modified cash basis financial position of changes in net position of Kids’ Harbor, Inc. Therefore, some amounts presented in the schedule may differ from amounts presented in, or used in the preparation of, the basic financial statements.

Finding Details

Finding 2024-001
Views of responsible officials and planned corrective actions: Management concurs with the above recommendation and will implement a second reviewer to avoid duplications and overstating of admin fees and payroll expenses.
Finding 2024-002
Views of responsible officials and planned corrective actions: The Board believes it has personnel who possess suitable skill, knowledge, or experience to oversee services the auditor provides in assisting with financial statement presentation which requires a lower level of technical knowledge than the competence required to prepare the financial statements, related footnote disclosures and SEFA in accordance with the modified cash basis of accounting.
Finding 2024-003
Views of responsible officials and planned correction: The Board concurs with the recommendations that Kids’ Harbor, Inc. would be best served by segregating fiscal duties as outlined above. At the current time, the additional staff sufficient to implement the recommendation is not practical to move toward a level of activity which may allow us to fully implement the recommendation. The Board will remain involved in the financial affairs of the Organization to provide oversight and independent review functions.
Finding 2024-001
Views of responsible officials and planned corrective actions: Management concurs with the above recommendation and will implement a second reviewer to avoid duplications and overstating of admin fees and payroll expenses.
Finding 2024-002
Views of responsible officials and planned corrective actions: The Board believes it has personnel who possess suitable skill, knowledge, or experience to oversee services the auditor provides in assisting with financial statement presentation which requires a lower level of technical knowledge than the competence required to prepare the financial statements, related footnote disclosures and SEFA in accordance with the modified cash basis of accounting.
Finding 2024-003
Views of responsible officials and planned correction: The Board concurs with the recommendations that Kids’ Harbor, Inc. would be best served by segregating fiscal duties as outlined above. At the current time, the additional staff sufficient to implement the recommendation is not practical to move toward a level of activity which may allow us to fully implement the recommendation. The Board will remain involved in the financial affairs of the Organization to provide oversight and independent review functions.