FAC Explorer

Audit 388632

FY End
2025-08-31
Total Expended
$5.02M
Findings
1
Programs
8
Organization: Santee Community Schools (NE)
Year: 2025 Accepted: 2026-02-23
Auditor: DANA F COLE & COMPANY LLP

Organization Exclusion Status:

Findings

ID Ref Severity Repeat Requirement
1174994 2025-005 Material Weakness Yes P

Programs

ALN Program Spent Major Findings
84.041 IMPACT AID $4.65M Yes 1
10.555 NATIONAL SCHOOL LUNCH PROGRAM $133,204 Yes 0
84.010 TITLE I GRANTS TO LOCAL EDUCATIONAL AGENCIES $84,684 Yes 0
10.553 SCHOOL BREAKFAST PROGRAM $70,014 Yes 0
84.425 EDUCATION STABILIZATION FUND $42,016 Yes 0
84.287 TWENTY-FIRST CENTURY COMMUNITY LEARNING CENTERS $21,656 Yes 0
10.582 FRESH FRUIT AND VEGETABLE PROGRAM $9,912 Yes 0
84.027 SPECIAL EDUCATION GRANTS TO STATES $7,376 Yes 0

Contacts

Name Title Type
NN16WMATW2C7 Carol Brandt-Denney Auditee
4028572741 Susan Teutschmann Auditor
No contacts on file

Notes to SEFA

The accompanying schedule of expenditures of federal awards (the Schedule), includes the federal award activity of the District under programs of the federal government for the year ended August 31, 2025. The information in this schedule is presented in accordance with the requirements of Title 2 U.S. Code of Federal Regulations (CFR) Part 200, Uniform Administrative Requirements , Cost Principles, and Audit Requriements for Federal Awards (Uniform Gudiance). Because the Schedule presents only a selected portion of the operations of Isanti Community Schools, Niobrara, Nebraska, it is not intended to and does not present the financial position, changes in net position, or cash flows of Isanti Community Schools, Niobrara, Nebraska.
The accompanying schedule of expenditures of federal awards is prepared on the basis of modified cash receipts and disbursements. Accordingly, receipts are recognized when cash is received and disbursements are recognized when cash is disbursed. 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.
There are no subrecipients to the federal awards of Isanti Community Schools, Niobrara, Nebraska.
The District did not elect to use the 10% de minimis cost rate.
Nonmonetary assistance is reported in the schedule at fair market value of the commodities received and disbursed.

Finding Details

Finding 2025-005
INTERNAL CONTROL OVER SCHEDULE OF EXPENDITURES OF FEDERAL AWARDS PREPARATION AND REVIEW: CRITERIA: As described in our engagement letter, management is responsible for establishing and maintaining internal controls, including monitoring, and for the fair presentation of financial statements, including the notes to the financial statements, in conformity with the modified cash basis of accounting. CONDITION: The District does not have a system of internal control that would provide management with reasonable assurance that the District's schedule of expenditures of federal awards and related disclosures are complete and presented in accordance with the modified cash basis of accounting. As such, managment requested the auditors to complie the trial balance from the general ledger and prepare a draft of the schedule of expenditures of federal awards, including the realted note disclosures. CAUSE: Managment does not prepare the schedule of expenditures of federal awards in accordance with the modified cash basis of accounting. POTENTIAL EFFECT: The potential exists that a material misstatement of schedule of expenditures of federal awards could occur and not be prevented or detected by the District's internal control. RECOMMENDATION: The auditors recommend that the District review and approve the propsed auditor adjusting entries and the adequacy of the schedule of the expenditures of federal awards disclosures prepared by the auditors and apply analytic procedures to the draft financial statements, among other procedures as consisered necessary by management.