FAC Explorer

Audit 402382

FY End
2025-09-30
Total Expended
$1.80M
Findings
1
Programs
4
Organization: Indiana Association of Soil and Water Conservation Districts, Inc. (IN)
Year: 2025 Accepted: 2026-05-28
Auditor: AGRESTA STORMS AND O'LEARY PC

Organization Exclusion Status:

Findings

ID Ref Severity Repeat Requirement
1215718 2025-001 Material Weakness Yes G

Programs

ALN Program Spent Major Findings
10.932 REGIONAL CONSERVATION PARTNERSHIP PROGRAM $539,976 Yes 1
10.912 ENVIRONMENTAL QUALITY INCENTIVES PROGRAM $502,398 Yes 0
10.069 CONSERVATION RESERVE PROGRAM $437,045 Yes 0
10.902 SOIL AND WATER CONSERVATION $318,991 Yes 0

Contacts

Name Title Type
EEY9JD63QAZ6 Elizabeth Rice Auditee
3176927325 Matt Buchmeier Auditor
No contacts on file

Notes to SEFA

The accompanying Schedule of Expenditures of Federal Awards summarizes the federal award expenditures disbursed by Indiana Association of Soil & Water Conservation Districts, Inc. received from the federal government for the year ended September 30, 2025. For the purpose of the Schedule, federal awards include pass-through funds from grants and contracts entered into directly between the Association and state or local agencies and departments of the federal government. Expenditures for these federal pass-through programs, as well as nonpass-through programs, are recognized on the accrual basis of accounting. Grants and contributions received are recorded with or without donor restrictions depending on the existence or nature of any donor restrictions. The Association recognizes revenues from costreimbursement grants in the period in which the related expenses are incurred. Reimbursements requested for grant funds under cost-reimbursement programs prior to related expenses being incurred are recognized as deferred revenue. All donor-restricted contributions or grants are reported as increases to net assets with donor restrictions. When a restriction expires (that is, when a stipulated time restriction ends or purpose restriction is accomplished), net assets with donor restrictions are reclassified to net assets without donor restrictions and reported in the statement of activities as release from restrictions. However, contributions that are restricted by the donor are reported as increase to net assets without donor restrictions if the restriction expires in the year in which the contributions are recognized.

Finding Details

Finding 2025-001
FINDING No. 2025-001 Statement of Condition: The auditor identified one draw that did not include the proper match calculation in accordance with the grant agreement requirements in the amount of $29,474. The error was originally detected by management but was not corrected in a timely manner. Criteria: The Association is required to match a certain percentage of grant claims with non-federal funds or in-kind expenses. Effect: The Association is not in compliance with the grant agreement’s matching requirements. Cause: The Association’s grant agreement required personnel expenditures claimed and reimbursed with federal grant proceeds to be matched with a certain amount of non-federal funding sources. The Association’s claim included an error that caused the entire amount of the personnel expenditures for the claim period to be reimbursed with federal grant funds. The Association identified but failed to reduce a future claim in a timely manner. Recommendation: The Association should reduce a future claim for the expenditures that were not matched and should include a reconciliation of all claims and related matches for a specific grant to ensure no future noncompliance with match requirements. Management Response: Subsequent to year end, the Association reduced the December 2025 claim to account for the over payment.