FAC Explorer

Audit 412451

FY End
2025-12-31
Total Expended
$1.40M
Findings
13
Programs
11
Organization: North Dakota Natural Resources Trust, Inc. (ND)
Year: 2025 Accepted: 2026-09-28
Auditor: HAGA KOMMER LTD

Organization Exclusion Status:

Findings

ID Ref Severity Repeat Requirement
1237494 2025-005 Material Weakness Yes L
1237495 2025-005 Material Weakness Yes L
1237496 2025-005 Material Weakness Yes L
1237497 2025-005 Material Weakness Yes L
1237498 2025-005 Material Weakness Yes L
1237499 2025-005 Material Weakness Yes L
1237500 2025-005 Material Weakness Yes L
1237501 2025-005 Material Weakness Yes L
1237502 2025-005 Material Weakness Yes L
1237503 2025-005 Material Weakness Yes L
1237504 2025-005 Material Weakness Yes L
1237505 2025-005 Material Weakness Yes L
1237506 2025-005 Material Weakness Yes L

Programs

ALN Program Spent Major Findings
15.631 PARTNERS FOR FISH AND WILDLIFE $363,281 Yes 1
15.637 MIGRATORY BIRD JOINT VENTURES $363,265 Yes 1
15.685 NATIONAL FISH PASSAGE $139,246 Yes 1
15.663 NFWF-USFWS CONSERVATION PARTNERSHIP $135,000 Yes 1
15.657 ENDANGERED SPECIES RECOVERY IMPLEMENTATION $86,950 Yes 1
15.615 COOPERATIVE ENDANGERED SPECIES CONSERVATION FUND $66,920 Yes 1
10.912 ENVIRONMENTAL QUALITY INCENTIVES PROGRAM $16,807 Yes 1
10.924 CONSERVATION STEWARDSHIP PROGRAM $16,807 Yes 1
10.932 REGIONAL CONSERVATION PARTNERSHIP PROGRAM $8,404 Yes 1
15.611 WILDLIFE RESTORATION AND BASIC HUNTER EDUCATION AND SAFETY $6,085 Yes 1
10.683 NATIONAL FISH AND WILDLIFE FOUNDATION $5,136 Yes 1

Contacts

Name Title Type
EUECSCELNZY3 Keith Trego Auditee
7012238501 Lynnell Rude Auditor
No contacts on file

Notes to SEFA

The Schedule of Expenditures of Federal Awards (schedule) is a supplementary schedule to the financial statements and is presented for purposes of additional analysis. The schedule is required by Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance).
A. Basis of Presentation Federal Financial Assistance - Pursuant to the Uniform Guidance, federal financial assistance is defined as assistance that nonfederal entities receive or administer in the form of grants, cooperative agreements, loans, loan guarantees, property (including donated surplus property), interest subsidies, insurance, food commodities, direct appropriations, and other assistance, but does not include amounts received as reimbursements for services rendered to individuals. Accordingly, non-monetary federal assistance may be included in federal financial assistance and therefore, may be reported on the schedule. Federal financial assistance does not include direct federal cash assistance to individuals. Federal Assistance Listings – Uniform Guidance requires the schedule to show the total expenditures for each of the federal financial assistance programs as identified in the Federal Assistance Listings. The Federal Assistance Listings are the government wide compendium of individual federal programs. B. Major Programs The Uniform Guidance established the levels of expenditures to be used in defining major federal financial assistance programs. The dollar threshold to distinguish type A and type B programs was $1,000,000. C. Reporting Entity The schedule includes all federal financial assistance programs administered by the organization. D. Basis of Accounting Federal financial assistance expenditures included in the schedule are reported using the accrual basis of accounting. E. Elections The Trust has not elected to use the 10 percent de minimis indirect cost rate.
Per the statement of activities: Total federal grant revenue $ 1,276,009 Funds received in the prior year and spent in the current year 128,086 Total federal awards as stated on the SEFA schedule $ 1,404,095

Finding Details

Finding 2025-005
Finding 2025-005: SFSAC Submission -Significant Deficiency Condition – The Trust did not submit the reporting package and Data Collection Form to the Federal Audit Clearinghouse by the required deadline. Criteria – The Uniform Guidance requires the auditee to submit the reporting package and Data Collection Form to the Federal Audit Clearinghouse (FAC) within the earlier of 30 calendar days after receipt of the auditor's reports or nine months after the end of the audit period. . Cause – The Trust did not have adequate procedures in place to monitor and ensure timely submission of the Single Audit reporting package to the Federal Audit Clearinghouse. Effect – Failure to submit the reporting package by the required deadline resulted in noncompliance with Uniform Guidance reporting requirements and may limit the timely availability of audit information to federal agencies and pass-through entities Recommendation – The Trust should implement procedures to monitor Single Audit reporting deadlines, assign responsibility for submission, and establish a review process to ensure future reporting packages are submitted timely. Management Response – The Trust is aware and will implement procedures to ensure future submissions to the Federal Audit Clearinghouse are completed within the required timeframe.