FAC Explorer

Audit 407485

FY End
2025-06-30
Total Expended
$4.29M
Findings
1
Programs
1
Organization: Southeast Childhood Collective (AK)
Year: 2025 Accepted: 2026-07-20
Auditor: ALTMAN ROGERS & CO

Organization Exclusion Status:

Findings

ID Ref Severity Repeat Requirement
1224084 2025-001 Material Weakness Yes L

Programs

ALN Program Spent Major Findings
14.251 ECONOMIC DEVELOPMENT INITIATIVE, COMMUNITY PROJECT FUNDING, AND MISCELLANEOUS GRANTS $4.29M Yes 1

Contacts

Name Title Type
W9LVJ58G7B65 Blue Shibler Auditee
9077891235 Joseph Bergene Auditor
No contacts on file

Notes to SEFA

The accompanying schedule of expenditures of federal awards (the “Schedule”) includes the federal award activity of Southeast Childhood Collective under programs of the federal government for the year ended June 30, 2025. The information in this Schedule is presented in accordance with the requirements of Title 2 U.S. Code of Federal Regulations 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 Southeast Childhood Collective, it is not intended to and does not present the financial statements of Southeast Childhood Collective.
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 as to reimbursement. Negative amounts shown on the Schedule represent adjustments or credits made in the normal course of business to amounts reported as expenditures in prior years. Southeast Childhood Collective has elected not to use the 10% de minimis indirect cost rate allowed under the Uniform Guidance.
No federal funds were passed through to subrecipients.

Finding Details

Finding 2025-001
Finding 2025-001 Lack of Internal Controls over Reporting and Noncompliance Federal Agency: U.S. Department of Housing and Urban Development Federal Program(s): Economic Development Initiative, Community Project Funding, and Miscellaneous Grants Assistance Listing Number(s): 14.251 Award Number: B-23-CP-AK-0008 Award Years: 2025 Type of Finding: Significant deficiency in internal control over compliance and noncompliance. Criteria: In accordance with 2 CFR Part 200, Subpart F, Section 200.512, SCC is required to submit the single audit report and Form SF-SAC within nine months of the fiscal year end or by any Office of Management and Budget extended deadlines. Condition and Context: The Form SF-SAC for the fiscal year ended June 30, 2025 was not filed timely. Cause: The audit was not completed on time to file the form. This was due to a delay in financial close and reporting as well as not timely remitting audit documentation to the auditors. Effect: SCC was not within compliance with recording requirements. Repeat Finding: This is not a repeat finding and is considered an isolated occurrence. Questioned Costs: None reported. Recommendation: We recommend that SCC implement internal control procedures to ensure the timely closing of books and records to ensure timely submission of the Form-SF SAC in the future. Management Response: Management concurs with this finding. See Corrective Action Plan.