Audit 394851

FY End

2024-08-31

Total Expended

$898,998

Findings

Programs

Organization: Rebuilding Together South Sound (WA)

Year: 2024 Accepted: 2026-03-26

Auditor: ARLEEN IBAY CPA

Organization Exclusion Status:

Checking exclusion status...

Findings

ID	Ref	Severity	Repeat	Requirement
1187240	2024-003	Material Weakness	Yes	B

Programs

ALN	Program	Spent	Major
21.027	CORONAVIRUS STATE AND LOCAL FISCAL RECOVERY FUNDS	$171,951	Yes
14.218	COMMUNITY DEVELOPMENT BLOCK GRANTS/ENTITLEMENT GRANTS	$56,679	Yes
10.433	RURAL HOUSING PRESERVATION GRANTS	$50,000	Yes

Contacts

Name	Title	Type
DE4KQJZM8AX5	Amy Hoyte	Auditee
2532380977	Arleen Ibay	Auditor
No contacts on file

Notes to SEFA

The accompanying schedule of expenditures of federal awards (the Schedule) includes the federal grant activity of Rebuilding Together South Sound under programs of the federal government. The information in this schedule is presented in accordance with the requirements of Title 2 U.S. Code of Federal Regulation (CFR) 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 Rebuilding Together South Sound, it is not intended to and does not present the financial position, changes in net assets, or cash flows of Rebuilding Together South Sound.

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 to reimbursement.

Management used the 10% de minimis indirect cost rate allowed under the Uniform Guidance.

Finding Details

Finding 2024-003

Internal Control over Compliance - Allowable Costs/cost Principles, Community Development Block Grant, ALN 14.218 Material Weakness. Findings 2024-002 is applicable to the major program. As discussed in Finding 2024-002, disbursements review and/or approval were not properly documented and retained. Because of the failure to retain documentation of management approval on disbursements, expenses maybe charged to the federal awards without support, or without approval of management. Procedures should require adequate documentation and retention of disbursements including approval by appropriate personnel.