Audit 357840

FY End

2024-06-30

Total Expended

$3.09M

Findings

4

Programs

5

Organization: Teton Youth and Family Services, Inc. (WY)

Year: 2024 Accepted: 2025-06-02

Auditor: Carver Florek & James Cpa's

Organization Exclusion Status:

Checking exclusion status...

ID	Ref	Severity	Repeat	Requirement
563573	2024-001	Material Weakness	-	I
563574	2024-002	Significant Deficiency	-	A
1140015	2024-001	Material Weakness	-	I
1140016	2024-002	Significant Deficiency	-	A

ALN	Program	Spent	Major	Findings
21.027	Coronavirus State and Local Fiscal Recovery Funds	$3.00M	Yes	2
16.575	Crime Victim Assistance	$69,292	-	0
10.555	National School Lunch Program	$11,854	-	0
10.553	School Breakfast Program	$5,741	-	0
10.559	Summer Food Service Program for Children	$10	-	0

Contacts

Name	Title	Type
X18LJ6NYX9Y7	Martina Hansen	Auditee
3074134589	Jason Lund	Auditor
No contacts on file

Notes to SEFA

Title: Basis of Presentation Accounting Policies: Federal program expenditures included in the accompanying schedule are presented on the modified accrual basis of accounting, the same as the Organization. Grant revenue is recognized when services are performed. Revenue is deferred for grants that are advanced before service if performed. The information in the schedule is presented in accordance with requirements of Title 2 CFR Part 300, Uniform Adminstrative Requirements, Cost Principles, and Audit Requirements for Federal Awards. De Minimis Rate Used: N Rate Explanation: The Organization has not elected to utilize the 10 percent de minimis indirect cost rate. The accompanying Schedule of Expenditures of Federal Awards (SEFA) includes federal grant activity of Teton Youth and Family Services (the Organization). The SEFA presents only a selected portion of the operations of the Organizations, it is not intended to and does not present the financial position, changes in net position, or cash flows of the Organization.

Title: Summary of Significant Accounting Policies Accounting Policies: Federal program expenditures included in the accompanying schedule are presented on the modified accrual basis of accounting, the same as the Organization. Grant revenue is recognized when services are performed. Revenue is deferred for grants that are advanced before service if performed. The information in the schedule is presented in accordance with requirements of Title 2 CFR Part 300, Uniform Adminstrative Requirements, Cost Principles, and Audit Requirements for Federal Awards. De Minimis Rate Used: N Rate Explanation: The Organization has not elected to utilize the 10 percent de minimis indirect cost rate. Federal program expenditures included in the accompanying schedule are presented on the modified accrual basis of accounting, the same as the Organization. Grant revenue is recognized when services are performed. Revenue is deferred for grants that are advanced before service if performed. The information in the schedule is presented in accordance with requirements of Title 2 CFR Part 300, Uniform Adminstrative Requirements, Cost Principles, and Audit Requirements for Federal Awards.

Title: Indirect Cost Rate Accounting Policies: Federal program expenditures included in the accompanying schedule are presented on the modified accrual basis of accounting, the same as the Organization. Grant revenue is recognized when services are performed. Revenue is deferred for grants that are advanced before service if performed. The information in the schedule is presented in accordance with requirements of Title 2 CFR Part 300, Uniform Adminstrative Requirements, Cost Principles, and Audit Requirements for Federal Awards. De Minimis Rate Used: N Rate Explanation: The Organization has not elected to utilize the 10 percent de minimis indirect cost rate. The Organization has not elected to utilize the 10 percent de minimis indirect cost rate.

Title: Subrecipients Accounting Policies: Federal program expenditures included in the accompanying schedule are presented on the modified accrual basis of accounting, the same as the Organization. Grant revenue is recognized when services are performed. Revenue is deferred for grants that are advanced before service if performed. The information in the schedule is presented in accordance with requirements of Title 2 CFR Part 300, Uniform Adminstrative Requirements, Cost Principles, and Audit Requirements for Federal Awards. De Minimis Rate Used: N Rate Explanation: The Organization has not elected to utilize the 10 percent de minimis indirect cost rate. The Organization did not pass any portion of federal awards to subrecipients.

Finding Details

Finding 2024-001

2024-001 Procurement of Capital Projects - Material Weakess Criteria: The Organization should follow federal compliance requirements for procurement procedures. Condition: During our testing, we found that the Organization did not follow the procurement requirements set out in the compliance supplement, nor was there a written policy for enforcing the action. Cause: The Organization received incorrect guidance from the State of Wyoming. Effect: The Organization did not follow procurement requirements which then allows for the possibility of overpaying for the goods and services provided. Recommendation: We recommend that the Organization establish and follow written procurement policies which are aligned with the requirements established in the compliance supplement.

Finding 2024-002

2024-002 Expense Approval Documentation - Significant Deficiency Criteria: Expenditures should be approved by a responsible official of the Organization who is aware of the various compliance requirements under the respective grant, this approval should be documented. Condition: During our testing, we tested 25 transactions and found that none of the transactions contained documentation of approval prior to the dually signed checks. Cause: Undetermined. Effect: The Organization did not approve transactions prior to signing checks, which allows for the possibility of having purchased or obligated the Organization for items that do not conform to grant requirements. Recommendation: We recommend that the Organization develops a more comprehensive system to ensure that all transactions are properly reviewed and approved prior to signing of checks.

Finding 2024-001

2024-001 Procurement of Capital Projects - Material Weakess Criteria: The Organization should follow federal compliance requirements for procurement procedures. Condition: During our testing, we found that the Organization did not follow the procurement requirements set out in the compliance supplement, nor was there a written policy for enforcing the action. Cause: The Organization received incorrect guidance from the State of Wyoming. Effect: The Organization did not follow procurement requirements which then allows for the possibility of overpaying for the goods and services provided. Recommendation: We recommend that the Organization establish and follow written procurement policies which are aligned with the requirements established in the compliance supplement.

Finding 2024-002

2024-002 Expense Approval Documentation - Significant Deficiency Criteria: Expenditures should be approved by a responsible official of the Organization who is aware of the various compliance requirements under the respective grant, this approval should be documented. Condition: During our testing, we tested 25 transactions and found that none of the transactions contained documentation of approval prior to the dually signed checks. Cause: Undetermined. Effect: The Organization did not approve transactions prior to signing checks, which allows for the possibility of having purchased or obligated the Organization for items that do not conform to grant requirements. Recommendation: We recommend that the Organization develops a more comprehensive system to ensure that all transactions are properly reviewed and approved prior to signing of checks.