FAC Explorer

Audit 370540

FY End
2023-02-28
Total Expended
$7.08M
Findings
3
Programs
2
Organization: Holy Cross Head Start, INC (NY)
Year: 2023 Accepted: 2025-10-08
Auditor: Cohen & CO

Organization Exclusion Status:

Findings

ID Ref Severity Repeat Requirement
1160152 2023-001 Material Weakness Yes P
1160153 2023-002 Material Weakness Yes P
1160154 2023-003 Material Weakness Yes B

Programs

ALN Program Spent Major Findings
93.600 Head Start $469,720 Yes 0
10.558 Child and Adult Care Food Program $361,999 Yes 0

Contacts

Name Title Type
J4Q7F9DN5RX9 Ashley Costner Auditee
7168522813 Todd Scherrer Auditor
No contacts on file

Notes to SEFA

The accompanying schedule of expenditures of federal awards (the Schedule) includes the federal award activity of Holy Cross Head Start, Inc. under the programs of the federal government for the year ended February 28, 2023. 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 Holy Cross Head Start, Inc., it is not intended to and does not present the financial position, changes in net assets, or cash flows of the Organization.
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. Holy Cross Head Start, Inc. has not elected to use the 10 percent de minimis indirect cost rate as allowed under the Uniform Guidance.
The Organization’s Head Start and Early Start Program contain certain non-cash assistance requirements, as defined in the award agreements. The Organization met all the non-cash requirements of the award agreements and incurred $529,935 in non-cash assistance for the year ended February 28, 2023, which is excluded from the Schedule.

Finding Details

Finding 2023-001
CONDITION AND CRITERIA: Cohen noted the audited financial statements were not submitted by the nine-month filing requirement. Systems and procedures should be in place to ensure financial records are available to be audited in a timely manner. CAUSE: Systems and procedures were not followed to ensure financial records were available to be audited in a timely manner. EFFECT: By not having the financial records available timely, the audit was not completed by the filing requirement. RECOMMENDATION: Controls and staffing should be put in place to ensure financial records are submitted timely and accurately. VIEWS OF RESPONSIBLE OFFICIALS AND PLANNED CORRECTIVE ACTIONS: The Organization has implemented new controls and staffing recently that are intended to remediate this matter.
Finding 2023-002
CONDITION AND CRITERIA: Cohen noted the data collection form was not submitted by the nine-month filing requirement. Systems and procedures should be in place to ensure financial records are available to be submitted in a timely manner. CAUSE: Systems and procedures were not followed to ensure financial records were available to be audited and submitted in a timely manner. EFFECT: By not having the financial records available timely, the audit was not completed by the filing requirement. RECOMMENDATION: Controls and staffing should be put in place to ensure financial records are submitted timely and accurately. VIEWS OF RESPONSIBLE OFFICIALS AND PLANNED CORRECTIVE ACTIONS: The Organization has implemented new controls and staffing recently that are intended to remediate this matter.
Finding 2023-003
CONDITION AND CRITERIA: During the year ended February 28, 2023, controls were not designed effectively to ensure expenses were properly accounted for in the correct period. Controls should be put in place to ensure that proper expense cut-off is achieved. CAUSE: Systems and procedures were not followed to ensure proper expense cut-off was achieved EFFECT: By not having proper controls in place, it resulted in a $112,179 reduction in expenses charged to the award. RECOMMENDATION: Controls should be followed to ensure proper expense cut-off is achieved. VIEWS OF RESPONSIBLE OFFICIALS AND PLANNED CORRECTIVE ACTIONS: The Organization has implemented new controls and staffing recently that are intended to remediate this matter.