FAC Explorer

Audit 380692

FY End
2024-12-31
Total Expended
$1.36M
Findings
1
Programs
1
Organization: CITY OUTREACH, INC. (WI)
Year: 2024 Accepted: 2026-01-09
Auditor: WILLIAMS CPA LLC

Organization Exclusion Status:

Findings

ID Ref Severity Repeat Requirement
1168698 2024-001 Material Weakness Yes F

Programs

ALN Program Spent Major Findings
93.778 CLTS Medical Assistance Program $1.36M Yes 1

Contacts

Name Title Type
NDXZA8DACV71 Mr. Kenneth Browne Auditee
4144581678 Noel Williams Auditor
No contacts on file

Notes to SEFA

The accompanying “Schedule of Expenditures of Federal and State Awards” includes the federal and state grant
activity of City Outreach, Inc. and is presented on the accrual basis of accounting. The information in this schedule
is presented in accordance with the requirements of Department of Health Service Audit Guide, October 2018
Revision. This Schedule presents only a selected portion of the operation of City Outreach, Inc., is not intended to
and does not present the financial position, operations or cash flows of City Outreach, Inc.
These expenditures are reported on the accrual basis of accounting. These expenditures are recognized following
the cost principles contained in the Department of Human Services Audit Guide, April 2018 Revision, wherein
certain types of expenditures are not allowable or are limited as to reimbursement. Pass-through entity identifying
numbers are presented if and where available.
The federal expenditures shown include commingled federal and state funds.
The Company does not have any sub-recipients of federal or state awards.

Finding Details

Finding 2024-001
Criteria – The inability to report financial data reliably in accordance with accounting principles generally accepted in the United States of (GAAP) is considered to be an internal control deficiency. Condition – The Company’s internal control over financial reporting extends through completion of the general ledger, but not to preparation of GAAP compliant financial statements and notes. As auditors, we were requested to draft the financial statements, and the accompanying notes to the financial statements. The auditors believe, in the auditors’ judgment, the Company does possess the necessary expertise to prepare the financial statements but has chosen to hire the auditors to perform this service. Effect – As a result of not having an individual on staff to prepare GAAP basis financial statements, the Company has an internal control deficiency. Cause – Management and those charged with governance have accepted this condition because of cost. Recommendation – We recommend that management and those charged with governance continue to oversee and accept responsibility for the financial statement preparation services.