FAC Explorer

Audit 362417

FY End
2024-12-31
Total Expended
$3.36M
Findings
2
Programs
4
Organization: Deschutes Land Trust (OR)
Year: 2024 Accepted: 2025-07-16
Auditor: Kern & Thompson LLC

Organization Exclusion Status:

Findings

ID Ref Severity Repeat Requirement
571488 2024-001 Material Weakness - L
1147930 2024-001 Material Weakness - L

Programs

ALN Program Spent Major Findings
15.507 Watersmart (sustain and Manage America’s Resources for Tomorrow) $2.78M Yes 1
15.685 National Fish Passage $400,000 - 0
10.684 International Forestry Programs $127,068 - 0
15.631 Partners for Fish and Wildlife $50,000 - 0

Contacts

Name Title Type
E59JZXD21D27 Michael Rubovits Auditee
5413300017 Katie Sheffield Auditor
No contacts on file

Notes to SEFA

Accounting Policies: NOTE 1 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Basis of Presentation The accompanying schedule of expenditures of federal awards includes the federal award activity of Deschutes Land Trust. The information in this schedule is presented in accordance with the requirements of Title 2 CFR Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance). Therefore, some amounts presented in this schedule may differ from amounts presented in, or used in the preparation of the basic financial statements. Federal award program titles are reported as presented in the Assistance Listings (AL) and are based on beta.sam.gov. Federal Award program titles not presented in AL are identified by Federal Agency number followed by (.xxx). Basis of Accounting The expenditures for each federal financial assistance program are presented in the schedule on the accrual basis of accounting. De Minimis Rate Used: N Rate Explanation: Deschutes Land Trust has not used the 10% de minimis indirect cost rate under the Uniform Guidance.

Finding Details

Finding 2024-001
2024-001 Finding – Federal Award Type: Financial Reporting – Material Weakness in Internal Control over Compliance. Identification of Federal Program: AL Number: 15.507 WaterSMART Criteria / Requirement: 2 CFR section 200.303 requires that non-federal entities receiving federal awards establish and maintain internal control over the federal awards that provides reasonable assurance that the non-federal entity is managing the federal awards in compliance with federal statutes, regulations, and the terms and conditions of the federal awards. Condition / Context: It was noted during the audit that there were insufficient internal controls over financial reports submitted, as there was not sufficient documentation of review of the financial report prior to the submission. Cause: Procedures were not in place to ensure that Deschutes Land Trust is maintaining adequate internal controls over compliance in regards to financial reporting requirements. Key duties and functions are not segregated among organization personnel and internal control policies and procedures are inadequate to properly define the roles and responsibilities of personnel performing key functions. Effect: Failure to maintain sufficient internal controls over financial reporting related to federal grants may result in inaccurate reporting and/or non‐compliance with the provisions of applicable requirements. Questioned Costs: None. Recommendation: The Organization should establish written policies and procedures regarding financial reporting over federal grants, which include proper segregation of duties.
Finding 2024-001
2024-001 Finding – Federal Award Type: Financial Reporting – Material Weakness in Internal Control over Compliance. Identification of Federal Program: AL Number: 15.507 WaterSMART Criteria / Requirement: 2 CFR section 200.303 requires that non-federal entities receiving federal awards establish and maintain internal control over the federal awards that provides reasonable assurance that the non-federal entity is managing the federal awards in compliance with federal statutes, regulations, and the terms and conditions of the federal awards. Condition / Context: It was noted during the audit that there were insufficient internal controls over financial reports submitted, as there was not sufficient documentation of review of the financial report prior to the submission. Cause: Procedures were not in place to ensure that Deschutes Land Trust is maintaining adequate internal controls over compliance in regards to financial reporting requirements. Key duties and functions are not segregated among organization personnel and internal control policies and procedures are inadequate to properly define the roles and responsibilities of personnel performing key functions. Effect: Failure to maintain sufficient internal controls over financial reporting related to federal grants may result in inaccurate reporting and/or non‐compliance with the provisions of applicable requirements. Questioned Costs: None. Recommendation: The Organization should establish written policies and procedures regarding financial reporting over federal grants, which include proper segregation of duties.