FAC Explorer

Audit 365812

FY End
2024-12-31
Total Expended
$1.37M
Findings
2
Programs
3
Organization: Fraser (MN)
Year: 2024 Accepted: 2025-09-08
Auditor: Boulay Pllp

Organization Exclusion Status:

Findings

ID Ref Severity Repeat Requirement
575845 2024-002 Significant Deficiency - L
1152287 2024-002 Significant Deficiency - L

Programs

ALN Program Spent Major Findings
93.696 Certified Community Behavioral Health Clinic Expansion Grants $1.13M Yes 1
93.958 Block Grants for Community Mental Health Services $160,735 - 0
93.434 Every Student Succeeds Act/preschool Development Grants $79,556 - 0

Contacts

Name Title Type
KBDJJBJJ2DA9 Jim Strickland Auditee
6128611688 Jadin Bragg Auditor
No contacts on file

Notes to SEFA

Title: Note 1: Basis of Presentation Accounting Policies: The accompanying schedule of expenditures of federal awards (the “Schedule”) includes the federal award activity of Fraser and Affiliate and is presented on the accrual basis of accounting. 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 Fraser and Affiliate. De Minimis Rate Used: N Rate Explanation: The 10-percent de minimis indirect cost rate allowed under the Uniform Guidance is not applicable to the Organization since the Organization has no cost reimbursable grants or contracts. The accompanying schedule of expenditures of federal awards (the “Schedule”) includes the federal award activity of Fraser and Affiliate and is presented on the accrual basis of accounting. 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 Fraser and Affiliate.
Title: Note 2: Summary of Significant Accounting Policies Accounting Policies: The accompanying schedule of expenditures of federal awards (the “Schedule”) includes the federal award activity of Fraser and Affiliate and is presented on the accrual basis of accounting. 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 Fraser and Affiliate. De Minimis Rate Used: N Rate Explanation: The 10-percent de minimis indirect cost rate allowed under the Uniform Guidance is not applicable to the Organization since the Organization has no cost reimbursable grants or contracts. 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. The 10-percent de minimis indirect cost rate allowed under the Uniform Guidance is not applicable to the Organization since the Organization has no cost reimbursable grants or contracts.

Finding Details

Finding 2024-002
2024-02: Timely Submission The Single Audit Reporting Package for the year ended December 31, 2023 was submitted to the Federal Audit Clearinghouse on April 26, 2025, which was beyond the required date of September 30, 2024. This late submission constitutes noncompliance with 2 CFR §200.512(a). Criteria: The Single Audit Reporting Package for the year ended December 31, 2023 is required to be filed the earlier of 30 days after the receipt of the auditors’ report or nine months after year end. Condition: The Single Audit Reporting Package was uploaded to the Federal Audit Clearinghouse and was reviewed and approved; however, it was not submitted at that time resulting in the submission being late. Cause: Fraser and Affiliate did not receive notification that the uploaded reporting package was certified by its auditor. As a result, the uploaded Single Audit Reporting Package to the Federal Audit Clearinghouse was not finalized and submitted. Questioned Costs: None Effect: Monitoring procedures in place were not effective in ensuring the approved Single Audit Reporting Package was submitted timely. Recommendations: Fraser and Affiliate should implement controls to ensure the uploaded and approved Single Audit Reporting Package is timely submitted. Views of Responsible Officials and Planned Corrective Action: Management concurs with the finding and recommendation. Management will implement an additional step to the submission process to ensure the uploaded and approved Single Audit Reporting Package is timely submitted. The additional step will involve a reminder to reach out to its auditor on or prior to the due date if communication from its auditor noting its certification is not received.
Finding 2024-002
2024-02: Timely Submission The Single Audit Reporting Package for the year ended December 31, 2023 was submitted to the Federal Audit Clearinghouse on April 26, 2025, which was beyond the required date of September 30, 2024. This late submission constitutes noncompliance with 2 CFR §200.512(a). Criteria: The Single Audit Reporting Package for the year ended December 31, 2023 is required to be filed the earlier of 30 days after the receipt of the auditors’ report or nine months after year end. Condition: The Single Audit Reporting Package was uploaded to the Federal Audit Clearinghouse and was reviewed and approved; however, it was not submitted at that time resulting in the submission being late. Cause: Fraser and Affiliate did not receive notification that the uploaded reporting package was certified by its auditor. As a result, the uploaded Single Audit Reporting Package to the Federal Audit Clearinghouse was not finalized and submitted. Questioned Costs: None Effect: Monitoring procedures in place were not effective in ensuring the approved Single Audit Reporting Package was submitted timely. Recommendations: Fraser and Affiliate should implement controls to ensure the uploaded and approved Single Audit Reporting Package is timely submitted. Views of Responsible Officials and Planned Corrective Action: Management concurs with the finding and recommendation. Management will implement an additional step to the submission process to ensure the uploaded and approved Single Audit Reporting Package is timely submitted. The additional step will involve a reminder to reach out to its auditor on or prior to the due date if communication from its auditor noting its certification is not received.