FAC Explorer

Audit 357561

FY End
2024-08-31
Total Expended
$782,128
Findings
18
Programs
9
Organization: Logan View Public Schools District 27-0594 (NE)
Year: 2024 Accepted: 2025-05-30
Auditor: Dana F Cole & Company LLP

Organization Exclusion Status:

Findings

ID Ref Severity Repeat Requirement
561955 2024-003 Significant Deficiency - L
561956 2024-003 Significant Deficiency - L
561957 2024-003 Significant Deficiency - L
561958 2024-003 Significant Deficiency - L
561959 2024-003 Significant Deficiency - L
561960 2024-003 Significant Deficiency - L
561961 2024-003 Significant Deficiency - L
561962 2024-003 Significant Deficiency - L
561963 2024-003 Significant Deficiency - L
1138397 2024-003 Significant Deficiency - L
1138398 2024-003 Significant Deficiency - L
1138399 2024-003 Significant Deficiency - L
1138400 2024-003 Significant Deficiency - L
1138401 2024-003 Significant Deficiency - L
1138402 2024-003 Significant Deficiency - L
1138403 2024-003 Significant Deficiency - L
1138404 2024-003 Significant Deficiency - L
1138405 2024-003 Significant Deficiency - L

Programs

ALN Program Spent Major Findings
84.425 Emergency Relief Fund - Arp - Covid-19 $236,243 - 1
10.555 National School Lunch Program $169,953 Yes 1
84.027 Idea $142,313 - 1
84.010 Title I Grants to Local Educational Agencies $84,574 - 1
10.553 School Breakfast Program $66,466 Yes 1
84.358 Rural Education $51,040 Yes 1
10.569 Food Distribution Program $27,313 Yes 1
84.173 Idea $3,752 - 1
84.048 Career and Technical Education $474 - 1

Contacts

Name Title Type
R51WKV4F4665 Craig Taylor Teri Kreifels Auditee
4026543317 Robert C. Beran, Cpa. Auditor
No contacts on file

Notes to SEFA

Title: BASIS OF PRESENTATION Accounting Policies: The schedule of expenditures of federal awards is prepared on the modified cash basis of accounting. Such expenditures are recongnized when cash is disbursed. The amounts shown for the Commodity Supplemental Program represent the value of the free commodities received by the District during the year. Nonmonetary assistance is reported in the schedule at fair market value of the commodities received and distributed. De Minimis Rate Used: N Rate Explanation: The auditee did not use the de minimis cost rate. The accompanying schedule of expenditures of federal awards (the Schedule), includes the federal award activity of Logan View Public Schools District No. 594, Hooper, Nebraska, under programs of the federal government for the year ended August 31, 2024. The information in this schedule is presented in accordance with the requirements of Title 2 U.S. Code of Federal Regulations (CFR) 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 Logan View Public Schools District No. 594, Hooper, Nebraska, it is not intended to and does not present the financial position, changes in net position, or cash flows of Logan View Public Schools District No. 594, Hooper, Nebraska.
Title: BASIS OF ACCOUNTING Accounting Policies: The schedule of expenditures of federal awards is prepared on the modified cash basis of accounting. Such expenditures are recongnized when cash is disbursed. The amounts shown for the Commodity Supplemental Program represent the value of the free commodities received by the District during the year. Nonmonetary assistance is reported in the schedule at fair market value of the commodities received and distributed. De Minimis Rate Used: N Rate Explanation: The auditee did not use the de minimis cost rate. The accompanying schedule of expenditures of federal awards is prepared on the basis of modified cash receipts and disbursements. Accordingly, receipts are recognized when cash is received and disbursements are recognized when cash is disbursed. 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.
Title: SUBRECIPIENTS Accounting Policies: The schedule of expenditures of federal awards is prepared on the modified cash basis of accounting. Such expenditures are recongnized when cash is disbursed. The amounts shown for the Commodity Supplemental Program represent the value of the free commodities received by the District during the year. Nonmonetary assistance is reported in the schedule at fair market value of the commodities received and distributed. De Minimis Rate Used: N Rate Explanation: The auditee did not use the de minimis cost rate. There are no subrecipients to the federal awards of Logan View Public Schools District No. 594, Hooper, Nebraska.
Title: FOOD DISTRIBUTION Accounting Policies: The schedule of expenditures of federal awards is prepared on the modified cash basis of accounting. Such expenditures are recongnized when cash is disbursed. The amounts shown for the Commodity Supplemental Program represent the value of the free commodities received by the District during the year. Nonmonetary assistance is reported in the schedule at fair market value of the commodities received and distributed. De Minimis Rate Used: N Rate Explanation: The auditee did not use the de minimis cost rate. Nonmonetary assistance is reported in the schedule at fair market value of the commodities received and disbursed.
Title: INDIRECT COST RATE Accounting Policies: The schedule of expenditures of federal awards is prepared on the modified cash basis of accounting. Such expenditures are recongnized when cash is disbursed. The amounts shown for the Commodity Supplemental Program represent the value of the free commodities received by the District during the year. Nonmonetary assistance is reported in the schedule at fair market value of the commodities received and distributed. De Minimis Rate Used: N Rate Explanation: The auditee did not use the de minimis cost rate. The District did not elect to use the 10% de minimis cost rate.

Finding Details

Finding 2024-003
Criteria - As described in our engagement letter, management is responsible for establishing and maintaining internal controls, including monitoring, and for the fair presentation of the schedule of expenditures of federal awards, including the notes to the schedule of expenditures of federal awards, in conformity with the modified cash basis of accounting. Condition - The District does not have a system of internal control that would provide management with reasonable assurance that the District's schedule of expenditures of federal awards and related disclosures are complete and presented in accordance with the modified cash basis of accounting. As such, management requested us to compile the trial balance from the general ledger and prepare a draft of the schedule of expenditures of federal awards, including the related not disclosures. Cause - Management does not prepare the schedule of expenditures of federal awards in accordance with the modified cash basis of accounting. Potential Effect - The potential exists that a material misstatement of the schedule of expenditures of federal awards could occur and not be prevented or detected by the District's internal control. Recommendation - We recommend that the District review and approve the propsed auditor adjusting entries and the adequacy of schedule of the expenditures of federal awards disclosures prepared by the auditors and apply analytic procedures to the draft financial statements, among other procedures as considered necessary by management.
Finding 2024-003
Criteria - As described in our engagement letter, management is responsible for establishing and maintaining internal controls, including monitoring, and for the fair presentation of the schedule of expenditures of federal awards, including the notes to the schedule of expenditures of federal awards, in conformity with the modified cash basis of accounting. Condition - The District does not have a system of internal control that would provide management with reasonable assurance that the District's schedule of expenditures of federal awards and related disclosures are complete and presented in accordance with the modified cash basis of accounting. As such, management requested us to compile the trial balance from the general ledger and prepare a draft of the schedule of expenditures of federal awards, including the related not disclosures. Cause - Management does not prepare the schedule of expenditures of federal awards in accordance with the modified cash basis of accounting. Potential Effect - The potential exists that a material misstatement of the schedule of expenditures of federal awards could occur and not be prevented or detected by the District's internal control. Recommendation - We recommend that the District review and approve the propsed auditor adjusting entries and the adequacy of schedule of the expenditures of federal awards disclosures prepared by the auditors and apply analytic procedures to the draft financial statements, among other procedures as considered necessary by management.
Finding 2024-003
Criteria - As described in our engagement letter, management is responsible for establishing and maintaining internal controls, including monitoring, and for the fair presentation of the schedule of expenditures of federal awards, including the notes to the schedule of expenditures of federal awards, in conformity with the modified cash basis of accounting. Condition - The District does not have a system of internal control that would provide management with reasonable assurance that the District's schedule of expenditures of federal awards and related disclosures are complete and presented in accordance with the modified cash basis of accounting. As such, management requested us to compile the trial balance from the general ledger and prepare a draft of the schedule of expenditures of federal awards, including the related not disclosures. Cause - Management does not prepare the schedule of expenditures of federal awards in accordance with the modified cash basis of accounting. Potential Effect - The potential exists that a material misstatement of the schedule of expenditures of federal awards could occur and not be prevented or detected by the District's internal control. Recommendation - We recommend that the District review and approve the propsed auditor adjusting entries and the adequacy of schedule of the expenditures of federal awards disclosures prepared by the auditors and apply analytic procedures to the draft financial statements, among other procedures as considered necessary by management.
Finding 2024-003
Criteria - As described in our engagement letter, management is responsible for establishing and maintaining internal controls, including monitoring, and for the fair presentation of the schedule of expenditures of federal awards, including the notes to the schedule of expenditures of federal awards, in conformity with the modified cash basis of accounting. Condition - The District does not have a system of internal control that would provide management with reasonable assurance that the District's schedule of expenditures of federal awards and related disclosures are complete and presented in accordance with the modified cash basis of accounting. As such, management requested us to compile the trial balance from the general ledger and prepare a draft of the schedule of expenditures of federal awards, including the related not disclosures. Cause - Management does not prepare the schedule of expenditures of federal awards in accordance with the modified cash basis of accounting. Potential Effect - The potential exists that a material misstatement of the schedule of expenditures of federal awards could occur and not be prevented or detected by the District's internal control. Recommendation - We recommend that the District review and approve the propsed auditor adjusting entries and the adequacy of schedule of the expenditures of federal awards disclosures prepared by the auditors and apply analytic procedures to the draft financial statements, among other procedures as considered necessary by management.
Finding 2024-003
Criteria - As described in our engagement letter, management is responsible for establishing and maintaining internal controls, including monitoring, and for the fair presentation of the schedule of expenditures of federal awards, including the notes to the schedule of expenditures of federal awards, in conformity with the modified cash basis of accounting. Condition - The District does not have a system of internal control that would provide management with reasonable assurance that the District's schedule of expenditures of federal awards and related disclosures are complete and presented in accordance with the modified cash basis of accounting. As such, management requested us to compile the trial balance from the general ledger and prepare a draft of the schedule of expenditures of federal awards, including the related not disclosures. Cause - Management does not prepare the schedule of expenditures of federal awards in accordance with the modified cash basis of accounting. Potential Effect - The potential exists that a material misstatement of the schedule of expenditures of federal awards could occur and not be prevented or detected by the District's internal control. Recommendation - We recommend that the District review and approve the propsed auditor adjusting entries and the adequacy of schedule of the expenditures of federal awards disclosures prepared by the auditors and apply analytic procedures to the draft financial statements, among other procedures as considered necessary by management.
Finding 2024-003
Criteria - As described in our engagement letter, management is responsible for establishing and maintaining internal controls, including monitoring, and for the fair presentation of the schedule of expenditures of federal awards, including the notes to the schedule of expenditures of federal awards, in conformity with the modified cash basis of accounting. Condition - The District does not have a system of internal control that would provide management with reasonable assurance that the District's schedule of expenditures of federal awards and related disclosures are complete and presented in accordance with the modified cash basis of accounting. As such, management requested us to compile the trial balance from the general ledger and prepare a draft of the schedule of expenditures of federal awards, including the related not disclosures. Cause - Management does not prepare the schedule of expenditures of federal awards in accordance with the modified cash basis of accounting. Potential Effect - The potential exists that a material misstatement of the schedule of expenditures of federal awards could occur and not be prevented or detected by the District's internal control. Recommendation - We recommend that the District review and approve the propsed auditor adjusting entries and the adequacy of schedule of the expenditures of federal awards disclosures prepared by the auditors and apply analytic procedures to the draft financial statements, among other procedures as considered necessary by management.
Finding 2024-003
Criteria - As described in our engagement letter, management is responsible for establishing and maintaining internal controls, including monitoring, and for the fair presentation of the schedule of expenditures of federal awards, including the notes to the schedule of expenditures of federal awards, in conformity with the modified cash basis of accounting. Condition - The District does not have a system of internal control that would provide management with reasonable assurance that the District's schedule of expenditures of federal awards and related disclosures are complete and presented in accordance with the modified cash basis of accounting. As such, management requested us to compile the trial balance from the general ledger and prepare a draft of the schedule of expenditures of federal awards, including the related not disclosures. Cause - Management does not prepare the schedule of expenditures of federal awards in accordance with the modified cash basis of accounting. Potential Effect - The potential exists that a material misstatement of the schedule of expenditures of federal awards could occur and not be prevented or detected by the District's internal control. Recommendation - We recommend that the District review and approve the propsed auditor adjusting entries and the adequacy of schedule of the expenditures of federal awards disclosures prepared by the auditors and apply analytic procedures to the draft financial statements, among other procedures as considered necessary by management.
Finding 2024-003
Criteria - As described in our engagement letter, management is responsible for establishing and maintaining internal controls, including monitoring, and for the fair presentation of the schedule of expenditures of federal awards, including the notes to the schedule of expenditures of federal awards, in conformity with the modified cash basis of accounting. Condition - The District does not have a system of internal control that would provide management with reasonable assurance that the District's schedule of expenditures of federal awards and related disclosures are complete and presented in accordance with the modified cash basis of accounting. As such, management requested us to compile the trial balance from the general ledger and prepare a draft of the schedule of expenditures of federal awards, including the related not disclosures. Cause - Management does not prepare the schedule of expenditures of federal awards in accordance with the modified cash basis of accounting. Potential Effect - The potential exists that a material misstatement of the schedule of expenditures of federal awards could occur and not be prevented or detected by the District's internal control. Recommendation - We recommend that the District review and approve the propsed auditor adjusting entries and the adequacy of schedule of the expenditures of federal awards disclosures prepared by the auditors and apply analytic procedures to the draft financial statements, among other procedures as considered necessary by management.
Finding 2024-003
Criteria - As described in our engagement letter, management is responsible for establishing and maintaining internal controls, including monitoring, and for the fair presentation of the schedule of expenditures of federal awards, including the notes to the schedule of expenditures of federal awards, in conformity with the modified cash basis of accounting. Condition - The District does not have a system of internal control that would provide management with reasonable assurance that the District's schedule of expenditures of federal awards and related disclosures are complete and presented in accordance with the modified cash basis of accounting. As such, management requested us to compile the trial balance from the general ledger and prepare a draft of the schedule of expenditures of federal awards, including the related not disclosures. Cause - Management does not prepare the schedule of expenditures of federal awards in accordance with the modified cash basis of accounting. Potential Effect - The potential exists that a material misstatement of the schedule of expenditures of federal awards could occur and not be prevented or detected by the District's internal control. Recommendation - We recommend that the District review and approve the propsed auditor adjusting entries and the adequacy of schedule of the expenditures of federal awards disclosures prepared by the auditors and apply analytic procedures to the draft financial statements, among other procedures as considered necessary by management.
Finding 2024-003
Criteria - As described in our engagement letter, management is responsible for establishing and maintaining internal controls, including monitoring, and for the fair presentation of the schedule of expenditures of federal awards, including the notes to the schedule of expenditures of federal awards, in conformity with the modified cash basis of accounting. Condition - The District does not have a system of internal control that would provide management with reasonable assurance that the District's schedule of expenditures of federal awards and related disclosures are complete and presented in accordance with the modified cash basis of accounting. As such, management requested us to compile the trial balance from the general ledger and prepare a draft of the schedule of expenditures of federal awards, including the related not disclosures. Cause - Management does not prepare the schedule of expenditures of federal awards in accordance with the modified cash basis of accounting. Potential Effect - The potential exists that a material misstatement of the schedule of expenditures of federal awards could occur and not be prevented or detected by the District's internal control. Recommendation - We recommend that the District review and approve the propsed auditor adjusting entries and the adequacy of schedule of the expenditures of federal awards disclosures prepared by the auditors and apply analytic procedures to the draft financial statements, among other procedures as considered necessary by management.
Finding 2024-003
Criteria - As described in our engagement letter, management is responsible for establishing and maintaining internal controls, including monitoring, and for the fair presentation of the schedule of expenditures of federal awards, including the notes to the schedule of expenditures of federal awards, in conformity with the modified cash basis of accounting. Condition - The District does not have a system of internal control that would provide management with reasonable assurance that the District's schedule of expenditures of federal awards and related disclosures are complete and presented in accordance with the modified cash basis of accounting. As such, management requested us to compile the trial balance from the general ledger and prepare a draft of the schedule of expenditures of federal awards, including the related not disclosures. Cause - Management does not prepare the schedule of expenditures of federal awards in accordance with the modified cash basis of accounting. Potential Effect - The potential exists that a material misstatement of the schedule of expenditures of federal awards could occur and not be prevented or detected by the District's internal control. Recommendation - We recommend that the District review and approve the propsed auditor adjusting entries and the adequacy of schedule of the expenditures of federal awards disclosures prepared by the auditors and apply analytic procedures to the draft financial statements, among other procedures as considered necessary by management.
Finding 2024-003
Criteria - As described in our engagement letter, management is responsible for establishing and maintaining internal controls, including monitoring, and for the fair presentation of the schedule of expenditures of federal awards, including the notes to the schedule of expenditures of federal awards, in conformity with the modified cash basis of accounting. Condition - The District does not have a system of internal control that would provide management with reasonable assurance that the District's schedule of expenditures of federal awards and related disclosures are complete and presented in accordance with the modified cash basis of accounting. As such, management requested us to compile the trial balance from the general ledger and prepare a draft of the schedule of expenditures of federal awards, including the related not disclosures. Cause - Management does not prepare the schedule of expenditures of federal awards in accordance with the modified cash basis of accounting. Potential Effect - The potential exists that a material misstatement of the schedule of expenditures of federal awards could occur and not be prevented or detected by the District's internal control. Recommendation - We recommend that the District review and approve the propsed auditor adjusting entries and the adequacy of schedule of the expenditures of federal awards disclosures prepared by the auditors and apply analytic procedures to the draft financial statements, among other procedures as considered necessary by management.
Finding 2024-003
Criteria - As described in our engagement letter, management is responsible for establishing and maintaining internal controls, including monitoring, and for the fair presentation of the schedule of expenditures of federal awards, including the notes to the schedule of expenditures of federal awards, in conformity with the modified cash basis of accounting. Condition - The District does not have a system of internal control that would provide management with reasonable assurance that the District's schedule of expenditures of federal awards and related disclosures are complete and presented in accordance with the modified cash basis of accounting. As such, management requested us to compile the trial balance from the general ledger and prepare a draft of the schedule of expenditures of federal awards, including the related not disclosures. Cause - Management does not prepare the schedule of expenditures of federal awards in accordance with the modified cash basis of accounting. Potential Effect - The potential exists that a material misstatement of the schedule of expenditures of federal awards could occur and not be prevented or detected by the District's internal control. Recommendation - We recommend that the District review and approve the propsed auditor adjusting entries and the adequacy of schedule of the expenditures of federal awards disclosures prepared by the auditors and apply analytic procedures to the draft financial statements, among other procedures as considered necessary by management.
Finding 2024-003
Criteria - As described in our engagement letter, management is responsible for establishing and maintaining internal controls, including monitoring, and for the fair presentation of the schedule of expenditures of federal awards, including the notes to the schedule of expenditures of federal awards, in conformity with the modified cash basis of accounting. Condition - The District does not have a system of internal control that would provide management with reasonable assurance that the District's schedule of expenditures of federal awards and related disclosures are complete and presented in accordance with the modified cash basis of accounting. As such, management requested us to compile the trial balance from the general ledger and prepare a draft of the schedule of expenditures of federal awards, including the related not disclosures. Cause - Management does not prepare the schedule of expenditures of federal awards in accordance with the modified cash basis of accounting. Potential Effect - The potential exists that a material misstatement of the schedule of expenditures of federal awards could occur and not be prevented or detected by the District's internal control. Recommendation - We recommend that the District review and approve the propsed auditor adjusting entries and the adequacy of schedule of the expenditures of federal awards disclosures prepared by the auditors and apply analytic procedures to the draft financial statements, among other procedures as considered necessary by management.
Finding 2024-003
Criteria - As described in our engagement letter, management is responsible for establishing and maintaining internal controls, including monitoring, and for the fair presentation of the schedule of expenditures of federal awards, including the notes to the schedule of expenditures of federal awards, in conformity with the modified cash basis of accounting. Condition - The District does not have a system of internal control that would provide management with reasonable assurance that the District's schedule of expenditures of federal awards and related disclosures are complete and presented in accordance with the modified cash basis of accounting. As such, management requested us to compile the trial balance from the general ledger and prepare a draft of the schedule of expenditures of federal awards, including the related not disclosures. Cause - Management does not prepare the schedule of expenditures of federal awards in accordance with the modified cash basis of accounting. Potential Effect - The potential exists that a material misstatement of the schedule of expenditures of federal awards could occur and not be prevented or detected by the District's internal control. Recommendation - We recommend that the District review and approve the propsed auditor adjusting entries and the adequacy of schedule of the expenditures of federal awards disclosures prepared by the auditors and apply analytic procedures to the draft financial statements, among other procedures as considered necessary by management.
Finding 2024-003
Criteria - As described in our engagement letter, management is responsible for establishing and maintaining internal controls, including monitoring, and for the fair presentation of the schedule of expenditures of federal awards, including the notes to the schedule of expenditures of federal awards, in conformity with the modified cash basis of accounting. Condition - The District does not have a system of internal control that would provide management with reasonable assurance that the District's schedule of expenditures of federal awards and related disclosures are complete and presented in accordance with the modified cash basis of accounting. As such, management requested us to compile the trial balance from the general ledger and prepare a draft of the schedule of expenditures of federal awards, including the related not disclosures. Cause - Management does not prepare the schedule of expenditures of federal awards in accordance with the modified cash basis of accounting. Potential Effect - The potential exists that a material misstatement of the schedule of expenditures of federal awards could occur and not be prevented or detected by the District's internal control. Recommendation - We recommend that the District review and approve the propsed auditor adjusting entries and the adequacy of schedule of the expenditures of federal awards disclosures prepared by the auditors and apply analytic procedures to the draft financial statements, among other procedures as considered necessary by management.
Finding 2024-003
Criteria - As described in our engagement letter, management is responsible for establishing and maintaining internal controls, including monitoring, and for the fair presentation of the schedule of expenditures of federal awards, including the notes to the schedule of expenditures of federal awards, in conformity with the modified cash basis of accounting. Condition - The District does not have a system of internal control that would provide management with reasonable assurance that the District's schedule of expenditures of federal awards and related disclosures are complete and presented in accordance with the modified cash basis of accounting. As such, management requested us to compile the trial balance from the general ledger and prepare a draft of the schedule of expenditures of federal awards, including the related not disclosures. Cause - Management does not prepare the schedule of expenditures of federal awards in accordance with the modified cash basis of accounting. Potential Effect - The potential exists that a material misstatement of the schedule of expenditures of federal awards could occur and not be prevented or detected by the District's internal control. Recommendation - We recommend that the District review and approve the propsed auditor adjusting entries and the adequacy of schedule of the expenditures of federal awards disclosures prepared by the auditors and apply analytic procedures to the draft financial statements, among other procedures as considered necessary by management.
Finding 2024-003
Criteria - As described in our engagement letter, management is responsible for establishing and maintaining internal controls, including monitoring, and for the fair presentation of the schedule of expenditures of federal awards, including the notes to the schedule of expenditures of federal awards, in conformity with the modified cash basis of accounting. Condition - The District does not have a system of internal control that would provide management with reasonable assurance that the District's schedule of expenditures of federal awards and related disclosures are complete and presented in accordance with the modified cash basis of accounting. As such, management requested us to compile the trial balance from the general ledger and prepare a draft of the schedule of expenditures of federal awards, including the related not disclosures. Cause - Management does not prepare the schedule of expenditures of federal awards in accordance with the modified cash basis of accounting. Potential Effect - The potential exists that a material misstatement of the schedule of expenditures of federal awards could occur and not be prevented or detected by the District's internal control. Recommendation - We recommend that the District review and approve the propsed auditor adjusting entries and the adequacy of schedule of the expenditures of federal awards disclosures prepared by the auditors and apply analytic procedures to the draft financial statements, among other procedures as considered necessary by management.