FAC Explorer

Audit 402810

FY End
2025-12-31
Total Expended
$1.74M
Findings
1
Programs
5
Organization: Land Trust for Louisiana (LA)
Year: 2025 Accepted: 2026-06-02
Auditor: JAMES LAMBERT RIGGS & ASSOCIATES INC

Organization Exclusion Status:

Findings

ID Ref Severity Repeat Requirement
1216321 2025-001 Material Weakness Yes L

Programs

ALN Program Spent Major Findings
10.924 CONSERVATION STEWARDSHIP PROGRAM $71,729 Yes 0
15.631 PARTNERS FOR FISH AND WILDLIFE $53,440 Yes 0
10.912 ENVIRONMENTAL QUALITY INCENTIVES PROGRAM $34,262 Yes 0
10.664 COOPERATIVE FORESTRY ASSISTANCE $26,995 Yes 0
10.902 SOIL AND WATER CONSERVATION $1,990 Yes 0

Contacts

Name Title Type
C12EVLNGT9G1 Kristi Brocato Auditee
9855425006 Michael Simon Auditor
No contacts on file

Notes to SEFA

This schedule of expenditures of federal awards (SEFA) includes the federal grant activity of the Land Trust for Louisiana, Inc. and is presented in accordance with the requirements of Title 2 U.S. Code of Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance). Because the SEFA presents only a selected portion of the entity's operations, it is not intended to and does not present the financial position, changes in net assets, or cash flows of the Land Trust for Louisiana, Inc.
This schedule of expenditures of federal awards (SEFA) includes the federal grant activity of the Land Trust for Louisiana, Inc. and reports expenditures 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.
The Land Trust for Louisiana, Inc. has elected to use the 10 percent de minimis indirect cost rate allowed under the Uniform Guidance.
The Land Trust for Louisiana, Inc. did not pass-through any of its federal awards to a sub-recipient during the year ended December 31, 2025.

Finding Details

Finding 2025-001
Condition: The auditee did not submit three out of four required quarterly Federal Financial Reports SF-425. Criteria: The grant agreement with the U.S. Department of Agriculture stipulates that the auditee is required to file quarterly Federal Financial Reports SF-425. Further, 2 CFR 200.303 requires the auditee to establish and maintain effective internal controls over compliance. Cause: Staff turnover caused certain administrative tasks to be more challenging, which hindered internal controls over compliance with the requirement to file quarterly reports. Effect: The auditee failed to submit three out of four required quarterly Federal Financial Report SF-425, resulting in potential noncompliance with the requirements of the federal award. Recommendation: We recommend the auditee establish, document, and maintain procedures and controls to ensure the required quarterly reports are submitted timely. Management’s Response: See management's response dated May 25, 2026.