FAC Explorer

Audit 363556

FY End
2024-06-30
Total Expended
$18.63M
Findings
2
Programs
9
Organization: La Puente Home, Inc. (CO)
Year: 2024 Accepted: 2025-08-01
Auditor: Artesian CPA LLC

Organization Exclusion Status:

Findings

ID Ref Severity Repeat Requirement
572428 2024-002 Material Weakness - L
1148870 2024-002 Material Weakness - L

Programs

ALN Program Spent Major Findings
21.026 Homeowner Assistance Fund $14.50M Yes 0
21.027 Coronavirus State and Local Fiscal Recovery Funds $1.83M Yes 0
21.023 Emergency Rental Assistance Program $1.04M - 0
94.006 Americorps State and National 94.006 $624,434 Yes 1
10.182 Pandemic Relief Activities: Local Food Purchase Agreements with States, Tribes, and Local Governments $155,864 - 0
14.267 Continuum of Care Program $143,659 - 0
10.766 Community Facilities Loans and Grants $131,050 - 0
14.231 Emergency Solutions Grant Program $122,854 - 0
93.569 Community Services Block Grant $79,357 - 0

Contacts

Name Title Type
WJC4K4H4UJH1 Rochelle Ruark Auditee
7195895909 Robert Cascio Auditor
No contacts on file

Notes to SEFA

Accounting Policies: 1. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES The accompanying Schedule of Expenditures of Federal Awards (the “Schedule”) includes the federal award activity of the La Puente Home, Inc. (the “Organization”), under programs of the federal government for the year ended June 30, 2024 in accordance with the requirements of Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administration Requirements, Cost Principles, and Audit Requirements for Federal Awards (the Uniform Guidance). Because the Schedule presents only a selected portion of the operations of the Organization, it is not intended to and does not present the financial position, changes in net assets, or cash flows of the Organization. Basis of Accounting 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 allowed are limited as to reimbursement. De Minimis Rate Used: N Rate Explanation: The Organization has not elected to use the 10 or 15-percent de minimis indirect cost rate allowed under the Uniform Guidance.

Finding Details

Finding 2024-002
Finding 2024-002 Reporting-94.006 Americorps State and National Material Weakness, Internal Control Over Compliance, Reporting Criteria: Uniform Guidance requires entities to ensure a system of internal controls which provides reasonable assurance that all reports are properly reviewed prior to their submission. Condition and Context: We noted two requests for reimbursement that were completed and submitted to the agency without any formal documented review of the reports. Cause: The Organization does not have an established policy to approve reports prior to their submission. Effect or Potential Effect: Without documentation of adequate controls over reporting in compliance with requirements, the Organization was not able to ensure the accuracy of the reports submitted. Recommendation: We recommend the Organization establish and follow a documented policy to review reports prior to their submission. The Organization should improve its internal controls over reporting by ensuring the personnel responsible appropriately documents their review and approval prior to its submission.
Finding 2024-002
Finding 2024-002 Reporting-94.006 Americorps State and National Material Weakness, Internal Control Over Compliance, Reporting Criteria: Uniform Guidance requires entities to ensure a system of internal controls which provides reasonable assurance that all reports are properly reviewed prior to their submission. Condition and Context: We noted two requests for reimbursement that were completed and submitted to the agency without any formal documented review of the reports. Cause: The Organization does not have an established policy to approve reports prior to their submission. Effect or Potential Effect: Without documentation of adequate controls over reporting in compliance with requirements, the Organization was not able to ensure the accuracy of the reports submitted. Recommendation: We recommend the Organization establish and follow a documented policy to review reports prior to their submission. The Organization should improve its internal controls over reporting by ensuring the personnel responsible appropriately documents their review and approval prior to its submission.