FAC Explorer

Audit 358763

FY End
2023-06-30
Total Expended
$1.07M
Findings
2
Programs
5
Organization: Lubavitch Mesivta of Chicago, Inc. (IL)
Year: 2023 Accepted: 2025-06-12
Auditor: Gutierrez Madariaga PA CPA

Organization Exclusion Status:

Findings

ID Ref Severity Repeat Requirement
564656 2023-001 - - P
1141098 2023-001 - - P

Programs

ALN Program Spent Major Findings
59.008 Disaster Assistance Loans $500,000 Yes 0
10.558 Child and Adult Care Food Program $249,531 Yes 0
10.555 National School Lunch Program $198,500 Yes 0
10.553 School Breakfast Program $118,477 Yes 1
10.649 Pandemic Ebt Administrative Costs $2,094 Yes 0

Contacts

Name Title Type
ME8JL8TE9A95 Shmuel Winberg Auditee
7735179875 John-Paul Madariaga Auditor
No contacts on file

Notes to SEFA

Title: NOTE 1 - BASIS OF PRESENTATION Accounting Policies: NOTE 2 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Expenditures reported on the Schedule are reported on the accrual basis of accounting. Such expenditures are recognized following the cost principles contained in Uniform Administrative Requirements, Cost Principles and Audit Requirements for Federal Awards, wherein certain types of expenditures are not allowable or are limited as to reimbursement. The Organization has not elected to use the 10% de minimis indirect cost rate as allowed under the Uniform Guidance. De Minimis Rate Used: N Rate Explanation: N/A The accompanying schedule of expenditures of federal awards (the “Schedule”) includes the federal award activities of Lubavitch Mesivta of Chicago, Inc. DBA Yeshivas Ohr Eliyahu. (the “Organization”). 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 the Project, it is not intended to and does not present the financial position, changes in net assets, or cash flows of the Project.
Title: NOTE 2 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Accounting Policies: NOTE 2 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Expenditures reported on the Schedule are reported on the accrual basis of accounting. Such expenditures are recognized following the cost principles contained in Uniform Administrative Requirements, Cost Principles and Audit Requirements for Federal Awards, wherein certain types of expenditures are not allowable or are limited as to reimbursement. The Organization has not elected to use the 10% de minimis indirect cost rate as allowed under the Uniform Guidance. De Minimis Rate Used: N Rate Explanation: N/A Expenditures reported on the Schedule are reported on the accrual basis of accounting. Such expenditures are recognized following the cost principles contained in Uniform Administrative Requirements, Cost Principles and Audit Requirements for Federal Awards, wherein certain types of expenditures are not allowable or are limited as to reimbursement. The Organization has not elected to use the 10% de minimis indirect cost rate as allowed under the Uniform Guidance.

Finding Details

Finding 2023-001
2023-001 Late Submission of Federal Audit Clearinghouse (FAC) Data Collection Form Condition: For the year ended June 30, 2023, the Organization failed to submit the audit report or data collection form to the FAC within nine months after the end of the audit period. Criteria: In accordance with the Uniform Guidance, the audit package and the data collection form shall be submitted 30 days after the receipt of the auditor’s report(s), or nine months after the end of the fiscal year, whichever comes first, unless a longer period is agreed to in advance by the cognizant or oversight agency for audit. Cause: The late submission may be attributed to confusion on the action to be taken on the FAC website, and lack of oversight in the completion of submitting the data collection form. Effect: The Organization is not in compliance with the requirements of the Uniform Guidance regulatory requirements. Recommendation: The Organization should implement a sound reporting process to ensure compliance with its reporting requirements and create a timeline for the timely submission of the audit package and the data collection form by the due date required under the Uniform Guidance.
Finding 2023-001
2023-001 Late Submission of Federal Audit Clearinghouse (FAC) Data Collection Form Condition: For the year ended June 30, 2023, the Organization failed to submit the audit report or data collection form to the FAC within nine months after the end of the audit period. Criteria: In accordance with the Uniform Guidance, the audit package and the data collection form shall be submitted 30 days after the receipt of the auditor’s report(s), or nine months after the end of the fiscal year, whichever comes first, unless a longer period is agreed to in advance by the cognizant or oversight agency for audit. Cause: The late submission may be attributed to confusion on the action to be taken on the FAC website, and lack of oversight in the completion of submitting the data collection form. Effect: The Organization is not in compliance with the requirements of the Uniform Guidance regulatory requirements. Recommendation: The Organization should implement a sound reporting process to ensure compliance with its reporting requirements and create a timeline for the timely submission of the audit package and the data collection form by the due date required under the Uniform Guidance.