Audit 361731

FY End
2023-12-31
Total Expended
$1.47M
Findings
4
Programs
10
Year: 2023 Accepted: 2025-07-08

Organization Exclusion Status:

Checking exclusion status...

Findings

ID Ref Severity Repeat Requirement
570789 2023-003 Material Weakness - A
570790 2023-002 Material Weakness - P
1147231 2023-003 Material Weakness - A
1147232 2023-002 Material Weakness - P

Contacts

Name Title Type
VCAASEEZRM59 Anna Zaricki Auditee
8182559150 Tony Fukuhara Auditor
No contacts on file

Notes to SEFA

Title: Basis of Presentation 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 the Uniform Guidance, wherein certain types of expenditures are not allowable or are limited as to reimbursement. Any negative amounts shown on the schedule represent adjustments or credits made in the normal course of operations to amounts reported as expenditures in prior years. Pass‐through entity identifying numbers are presented where available. De Minimis Rate Used: Y Rate Explanation: Social & Environmental Entrepreneurs, Inc. has elected to use the 10% de minimis indirect cost rate allowed under the Uniform Guidance. The accompanying schedule of expenditures of federal awards includes the federal grant activity of Social & Environmental Entrepreneurs, Inc. under programs of the federal government for the year ended December 31, 2023. The information in this schedule is presented in accordance with the audit 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 Social & Environmental Entrepreneurs, Inc., it is not intended to and does not present the financial position, changes in net assets, or cash flows of Social & Environmental Entrepreneurs, Inc..

Finding Details

Information on the Federal Program: Assistance Listing Number: 93.686—Ending the HIV Epidemic: A Plan for America—Ryan White HIV/AIDS Program Parts A and B. Pass‐Through Entity: State of Mississippi. Award Number: SG‐2199 R2. Compliance Requirements: Activities Allowed or Unallowed Type of Finding: Material Noncompliance and Material Weakness in Internal Control over Compliance. Criteria: As stated in 2 CFR 200.430, part g, subsection 1, line vii, “budget estimates (meaning, estimates determined before the services are performed) alone do not qualify as support for charges to Federal awards.” 2 CFR 200.430 specifies that charges must be based on records that accurately reflect the work performed. 2 CFR 200.430, part g, subsection 1, line iii further specifies that “these records must reasonably reflect the total activity for which the employee is compensated by the recipient or subrecipient, not exceeding 100 percent of compensated activities.” Condition: SEE charged personnel service cost to the contract based on budgeted estimates and did not track actual hours spent on the federally funded contract for the year ended December 31, 2023. Cause: Exempt employees need to track hours similar to non-exempt employees for federal grants. Effect or Potential Effect: As a result of the identified control deficiencies, there is a risk that personnel service costs charged to federal awards may not accurately reflect the actual work performed. This could lead to unallowable or unsupported costs being billed to federal contracts, potentially resulting in questioned costs or noncompliance with federal regulations. Questioned costs: $72,765 Recommendation: We recommend that SEE establish and implement standardized timekeeping procedures requiring all employees whose salaries are charged to federal contracts to submit accurate and complete timecards that reflect the actual hours worked. Views of responsible officials and planned corrective actions: Management acknowledges the oversight in not utilizing timecards for salaried employees whose compensation is charged to federal contracts. To strengthen internal controls and ensure compliance with applicable federal regulations, management is committed to implementing corrective measures. As part of this effort, management will update existing policies and procedures, and will identify and provide targeted training for accounting personnel responsible for allocating salary charges to federal contracts.
Material Weakness in Internal Control over Compliance: Other—Schedule of Expenditure of Federal Awards Preparation Criteria: 2 CFR 200.510 indicates that the auditee must prepare a Schedule of Expenditures of Federal Awards (SEFA) for the period covered by the auditee’s financial statements which must include the total federal awards expended as determined in accordance with 200.502 Basis for Determining Federal Awards Expended. Per 2 CFR 200.502, the determination of when a federal award is expended should be based on when the activity related to the federal award occurs. Generally, the activity pertains to events that require the non-Federal entity to comply with federal statutes, regulations, and the terms and conditions of federal awards, such as: expenditure/expense transactions associated with awards. In addition, 2 CFR Part 200.303 requires the program establish and maintain effective internal controls over federal awards that provide reasonable assurance of compliance with federal statutes, regulations, and the terms and conditions of federal awards. Condition: SEE did not include an existing federally funded contract during the preparation of the SEFA for the year ended December 31, 2023. Cause: SEE was not aware that the contract should be included in the SEFA. Effect or Potential Effect: Due to the control deficiencies described above, if not for auditor assistance, inaccurate expenditures would have been reported to the Federal government. In addition, these errors could result in improper selections of major program(s) for the single audit. Questioned costs: No questioned costs were identified as a result of this compliance finding. Recommendation: We recommend that SEE establish formal procedures to ensure federally funded contracts are included in the SEFA as expenditures. Views of responsible officials and planned corrective actions: Management acknowledges the omission of the federally contract from the auditee’s prepared SEFA. Management is committed to properly preparing the SEFA, and to address this oversight, management will identify trainings for accounting personnel related to SEFA reporting and for those reviewing the schedule, to ensure its accuracy.
Information on the Federal Program: Assistance Listing Number: 93.686—Ending the HIV Epidemic: A Plan for America—Ryan White HIV/AIDS Program Parts A and B. Pass‐Through Entity: State of Mississippi. Award Number: SG‐2199 R2. Compliance Requirements: Activities Allowed or Unallowed Type of Finding: Material Noncompliance and Material Weakness in Internal Control over Compliance. Criteria: As stated in 2 CFR 200.430, part g, subsection 1, line vii, “budget estimates (meaning, estimates determined before the services are performed) alone do not qualify as support for charges to Federal awards.” 2 CFR 200.430 specifies that charges must be based on records that accurately reflect the work performed. 2 CFR 200.430, part g, subsection 1, line iii further specifies that “these records must reasonably reflect the total activity for which the employee is compensated by the recipient or subrecipient, not exceeding 100 percent of compensated activities.” Condition: SEE charged personnel service cost to the contract based on budgeted estimates and did not track actual hours spent on the federally funded contract for the year ended December 31, 2023. Cause: Exempt employees need to track hours similar to non-exempt employees for federal grants. Effect or Potential Effect: As a result of the identified control deficiencies, there is a risk that personnel service costs charged to federal awards may not accurately reflect the actual work performed. This could lead to unallowable or unsupported costs being billed to federal contracts, potentially resulting in questioned costs or noncompliance with federal regulations. Questioned costs: $72,765 Recommendation: We recommend that SEE establish and implement standardized timekeeping procedures requiring all employees whose salaries are charged to federal contracts to submit accurate and complete timecards that reflect the actual hours worked. Views of responsible officials and planned corrective actions: Management acknowledges the oversight in not utilizing timecards for salaried employees whose compensation is charged to federal contracts. To strengthen internal controls and ensure compliance with applicable federal regulations, management is committed to implementing corrective measures. As part of this effort, management will update existing policies and procedures, and will identify and provide targeted training for accounting personnel responsible for allocating salary charges to federal contracts.
Material Weakness in Internal Control over Compliance: Other—Schedule of Expenditure of Federal Awards Preparation Criteria: 2 CFR 200.510 indicates that the auditee must prepare a Schedule of Expenditures of Federal Awards (SEFA) for the period covered by the auditee’s financial statements which must include the total federal awards expended as determined in accordance with 200.502 Basis for Determining Federal Awards Expended. Per 2 CFR 200.502, the determination of when a federal award is expended should be based on when the activity related to the federal award occurs. Generally, the activity pertains to events that require the non-Federal entity to comply with federal statutes, regulations, and the terms and conditions of federal awards, such as: expenditure/expense transactions associated with awards. In addition, 2 CFR Part 200.303 requires the program establish and maintain effective internal controls over federal awards that provide reasonable assurance of compliance with federal statutes, regulations, and the terms and conditions of federal awards. Condition: SEE did not include an existing federally funded contract during the preparation of the SEFA for the year ended December 31, 2023. Cause: SEE was not aware that the contract should be included in the SEFA. Effect or Potential Effect: Due to the control deficiencies described above, if not for auditor assistance, inaccurate expenditures would have been reported to the Federal government. In addition, these errors could result in improper selections of major program(s) for the single audit. Questioned costs: No questioned costs were identified as a result of this compliance finding. Recommendation: We recommend that SEE establish formal procedures to ensure federally funded contracts are included in the SEFA as expenditures. Views of responsible officials and planned corrective actions: Management acknowledges the omission of the federally contract from the auditee’s prepared SEFA. Management is committed to properly preparing the SEFA, and to address this oversight, management will identify trainings for accounting personnel related to SEFA reporting and for those reviewing the schedule, to ensure its accuracy.