FAC Explorer

Audit 356401

FY End
2024-07-31
Total Expended
$1.01M
Findings
2
Programs
1
Organization: Western States Cancer Research Ncorp (CO)
Year: 2024 Accepted: 2025-05-15
Auditor: Artesian CPA LLC

Organization Exclusion Status:

Findings

ID Ref Severity Repeat Requirement
560493 2024-002 Material Weakness - C
1136935 2024-002 Material Weakness - C

Programs

ALN Program Spent Major Findings
93.399 Cancer Control $1.01M Yes 1

Contacts

Name Title Type
D13WXXL3LNC7 Cyndy Besselievre Auditee
3037772663 Robert Cascio Auditor
No contacts on file

Notes to SEFA

Accounting Policies: 1. BASIS OF PRESENTATION The accompanying Schedule of Expenditures of Federal Awards (the “Schedule”) includes the federal award activity of Western States Cancer Research NCORP (the “Organization”), under programs of the federal government for the year ended July 31, 2024 in accordance with the requirements of Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administration Requirements, Cost Principles, and Audit Requirements for Federal Awards (the Uniform Guidance). Because the Schedule presents only a selected portion of the operations of the Organization, it is not intended to and does not present the financial position, changes in net assets, or cash flows of the Organization. Basis of Accounting 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 allowed are limited as to reimbursement. Pass-through entity identifying numbers are presented where available De Minimis Rate Used: N Rate Explanation: The Organization did not elect to not use the 10 or 15-percent de minimis indirect cost rates allowed under the Uniform Guidance.

Finding Details

Finding 2024-002
Finding 2024-002: Material Weakness, Internal Control Over Compliance, Cash Management Criteria: A recipient of federal award is required to report information to the federal agency and is required to ensure there are controls in place over cash management. Condition and Context: The Organization did not have a formally documented control in place to ensure all cash management processes were completed accurately. Cause: The related review of cash management controls were not documented. Effect or Potential Effect: Without sufficient documentation and monitoring controls, the Organization may not be able to detect an error in cash management on a timely basis. Recommendation: We recommend the Organization establish and follow a documented internal control process over review of cash management.
Finding 2024-002
Finding 2024-002: Material Weakness, Internal Control Over Compliance, Cash Management Criteria: A recipient of federal award is required to report information to the federal agency and is required to ensure there are controls in place over cash management. Condition and Context: The Organization did not have a formally documented control in place to ensure all cash management processes were completed accurately. Cause: The related review of cash management controls were not documented. Effect or Potential Effect: Without sufficient documentation and monitoring controls, the Organization may not be able to detect an error in cash management on a timely basis. Recommendation: We recommend the Organization establish and follow a documented internal control process over review of cash management.