FAC Explorer

Audit 356444

FY End
2023-06-30
Total Expended
$1.24M
Findings
6
Programs
10
Organization: Elverado Community Unit School District (CO)
Year: 2023 Accepted: 2025-05-16
Auditor: Atlas CPAS & Advisors PLLC

Organization Exclusion Status:

Findings

ID Ref Severity Repeat Requirement
560537 2023-001 Material Weakness Yes AB
560538 2023-002 Material Weakness Yes C
560539 2023-003 Material Weakness Yes C
1136979 2023-001 Material Weakness Yes AB
1136980 2023-002 Material Weakness Yes C
1136981 2023-003 Material Weakness Yes C

Programs

ALN Program Spent Major Findings
84.425 Education Stabilization Fund $590,968 Yes 3
10.555 National School Lunch Program $213,145 - 0
84.010 Title I Grants to Local Educational Agencies $157,410 - 0
10.553 School Breakfast Program $71,623 - 0
84.367 Supporting Effective Instruction State Grants (formerly Improving Teacher Quality State Grants) $27,670 - 0
93.778 Medical Assistance Program $22,114 - 0
84.424 Student Support and Academic Enrichment Program $16,874 - 0
84.027 Special Education Grants to States $7,462 - 0
84.173 Special Education Preschool Grants $4,238 - 0
10.649 Pandemic Ebt Administrative Costs $628 - 0

Contacts

Name Title Type
SK7JAJ2A5LP3 Kylie Smith Auditee
6185681321 Barry Gabbard Auditor
No contacts on file

Notes to SEFA

Title: Basis of Presentation Accounting Policies: Modified Cash basis De Minimis Rate Used: N Rate Explanation: Not required to do so The accompanying Schedule of Expenditures of Federal Awards includes the federal grant activity of Elverado CUSD #196 and is presented on the modified cash basis of accounting. The information in this schedule is presented in accordance with the requirements of the Office of Management and Budget Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards. Therefore, some amounts presented in this schedule may differ from amounts presented in, or used in the preparation of, the general-purpose financial statements.
Title: Indirect Facilities & Administration costs Accounting Policies: Modified Cash basis De Minimis Rate Used: N Rate Explanation: Not required to do so Auditee did not elect to use the 10% de minimis cost rate
Title: Subricipients Accounting Policies: Modified Cash basis De Minimis Rate Used: N Rate Explanation: Not required to do so None noted
Title: Non-cash Assistance Accounting Policies: Modified Cash basis De Minimis Rate Used: N Rate Explanation: Not required to do so Listing of amounts expended in the form of non-cash.

Finding Details

Finding 2023-001
Allowable activities and allowable costs requirements are identified on the 2 CFR Part 200, Appendix XI Compliance Supplement Section 3. The District did not have adequate internal controls established to ensure the review of federal expenditures occurred for the two major programs tested.
Finding 2023-002
The District is responsible for establishing and maintaining an documented internal control system to prevent unintentional orintentional errors, misappropriations of assets, and fraud.
Finding 2023-003
The District is responsible for establishing and maintaining an internal control system over receipts and disbursements to prevent unintentional or intentional errors, misappropriations of assets, and fraud.
Finding 2023-001
Allowable activities and allowable costs requirements are identified on the 2 CFR Part 200, Appendix XI Compliance Supplement Section 3. The District did not have adequate internal controls established to ensure the review of federal expenditures occurred for the two major programs tested.
Finding 2023-002
The District is responsible for establishing and maintaining an documented internal control system to prevent unintentional orintentional errors, misappropriations of assets, and fraud.
Finding 2023-003
The District is responsible for establishing and maintaining an internal control system over receipts and disbursements to prevent unintentional or intentional errors, misappropriations of assets, and fraud.