FAC Explorer

Audit 43486

FY End
2022-06-30
Total Expended
$5.69M
Findings
2
Programs
9
Organization: Soldier Hollow Charter School (UT)
Year: 2022 Accepted: 2023-01-25
Auditor: Eide Bailly LLP

Organization Exclusion Status:

Findings

ID Ref Severity Repeat Requirement
50418 2022-001 Material Weakness - L
626860 2022-001 Material Weakness - L

Programs

ALN Program Spent Major Findings
10.766 Community Facilities Loans and Grants $5.47M Yes 1
84.425 Covid-19 Elementary and Secondary School Education Relief III $74,769 - 0
84.027 Special Education_grants to States $57,578 - 0
84.358 Rural Education Achievement Program $43,156 - 0
84.425 Covid-19 Governors Emergency Education Relief $20,000 - 0
84.010 Title I Grants to Local Educational Agencies $9,626 - 0
84.424 Title IV Student Support and Academic Enrichment $9,268 - 0
84.367 Title Iia Improving Teacher Quality 212ft $4,339 - 0
84.173 Special Education_preschool Grants $1,841 - 0

Contacts

Name Title Type
KZQNST5JR413 Richard Eccles Auditee
8015293151 Paul Skeen Auditor
No contacts on file

Notes to SEFA

Accounting Policies: The accompanying schedule of expenditures of federal awards (the schedule) includes the federal award activity of the Soldier Hollow Charter School (the Organization) under programs of the federal government for the year ended June 30, 2022. The information 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 the Soldier Hollow Charter School, it is not intended to and does not present the financial position, changes in net position, or changes in fund balance of Soldier Hollow Charter School. Expenditures reported in the schedule are reported on the modified 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. No federal financial assistance has been provided to a subrecipient. De Minimis Rate Used: N Rate Explanation: The auditee did not use the de minimis cost rate.

Finding Details

Finding 2022-001
2022-001 U.S. Department of Agriculture, Federal Financial Assistance Listing 10.766 Community Facilities Loans and Grants Reporting Material Weakness in Internal Control over Compliance and Compliance Criteria: Soldier Hollow Charter School should have policies and procedures in place to ensure audited financial statements and budgetary information are submitted annually to the USDA. Condition: In connection with the audit procedures performed, it was noted that the required reports were not submitted to the USDA. Soldier Hollow Charter School?s system of internal control did not include procedures related to reporting to the USDA. Cause: Soldier Hollow Charter School was unaware of the requirement to provide the required reports to the USDA. Effect: The School is not in compliance with USDA loan requirements. Questioned Costs: None reported Context: In connection with the audit procedures performed, it was noted that the required reports were not submitted to the USDA. Repeat Finding from Prior Year: No Recommendation: Soldier Hollow Charter School should submit the required audited financial statements and budgetary information to the USDA. Views of Responsible Officials: Management agrees with this finding.
Finding 2022-001
2022-001 U.S. Department of Agriculture, Federal Financial Assistance Listing 10.766 Community Facilities Loans and Grants Reporting Material Weakness in Internal Control over Compliance and Compliance Criteria: Soldier Hollow Charter School should have policies and procedures in place to ensure audited financial statements and budgetary information are submitted annually to the USDA. Condition: In connection with the audit procedures performed, it was noted that the required reports were not submitted to the USDA. Soldier Hollow Charter School?s system of internal control did not include procedures related to reporting to the USDA. Cause: Soldier Hollow Charter School was unaware of the requirement to provide the required reports to the USDA. Effect: The School is not in compliance with USDA loan requirements. Questioned Costs: None reported Context: In connection with the audit procedures performed, it was noted that the required reports were not submitted to the USDA. Repeat Finding from Prior Year: No Recommendation: Soldier Hollow Charter School should submit the required audited financial statements and budgetary information to the USDA. Views of Responsible Officials: Management agrees with this finding.