FAC Explorer

Audit 5055

FY End
2023-06-30
Total Expended
$1.73M
Findings
8
Programs
7
Organization: Renaissance Academy Charter School of the Arts (NY)
Year: 2023 Accepted: 2023-12-02
Auditor: Heveron & Company CPAS

Organization Exclusion Status:

Findings

ID Ref Severity Repeat Requirement
3120 2023-002 Significant Deficiency - B
3121 2023-002 Significant Deficiency - B
3122 2023-002 Significant Deficiency - B
3123 2023-002 Significant Deficiency - B
579562 2023-002 Significant Deficiency - B
579563 2023-002 Significant Deficiency - B
579564 2023-002 Significant Deficiency - B
579565 2023-002 Significant Deficiency - B

Programs

ALN Program Spent Major Findings
10.555 National School Lunch Program $331,408 Yes 1
84.010 Title I Grants to Local Educational Agencies $328,639 - 0
10.553 School Breakfast Program $222,430 Yes 1
84.425 Education Stabilization Fund $220,735 - 0
84.367 Improving Teacher Quality State Grants $52,234 - 0
84.424 Student Support and Academic Enrichment Program $21,821 - 0
84.031 Higher Education_institutional Aid $3,581 - 0

Contacts

Name Title Type
HFTBABUEM4C5 Cait Loury Auditee
5852254200 Jeanne Beutner Auditor
No contacts on file

Notes to SEFA

Title: Note 1 - Basis of Presentation Accounting Policies: 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. De Minimis Rate Used: N Rate Explanation: Renaissance Academy Charter School of the Arts has not yet elected not to use the 10% de minimis indirect cost rate allowed under the Uniform Guidance. All costs are directly allocated. The accompanying Schedule of Expenditures of Federal Awards (the "Schedule") includes the federal award activity of Renaissance Academy Charter School of the Arts under programs of the federal government for the year ended June 30, 2023. 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 Renaissance Academy Charter School of the Arts, it is not intended to and does not present the financial position, change in net assets or cash flows of Renaissance Academy Charter School of the Arts.

Finding Details

Finding 2023-002
School Breakfast Program - Assistance Listing No. 10.553; Grant Period: Year Ended June 30, 2023 and National School Lunch Program - Assistance Listing No. 10.555; Grant Period: Year Ended June 30, 2023 Criteria and Condition: To receive federal awards, non-federal entities must agree to maintain internal controls to provide reasonable assurance of compliance with requirements of the Single Audit Act. Context: The School purchases food for the School Breakfast and National School Lunch program however, the invoices for purchases are not reviewed or approved before payment. Also, the meal counts for reimbursement are not reviewed prior to submitting. Cause: The School believed it was efficient if the Cafeteria Manager oversaw all aspects of the program. Effect: This could have resulted in errors or misstatement of expenditures or reimbursements. Recommendation: The School should ensure that processes are in place to review and approve invoices for purchases related to the breakfast and lunch program. In addition, the meal counts and monthly claim reimbursements should be reviewed and confirmed by someone other than the individual compiling the counts. These processes should be documented. Views of responsible officials and planned corrective actions: The School agrees with the finding and is in the process of designing and implementing controls to ensure compliance with the Act.
Finding 2023-002
School Breakfast Program - Assistance Listing No. 10.553; Grant Period: Year Ended June 30, 2023 and National School Lunch Program - Assistance Listing No. 10.555; Grant Period: Year Ended June 30, 2023 Criteria and Condition: To receive federal awards, non-federal entities must agree to maintain internal controls to provide reasonable assurance of compliance with requirements of the Single Audit Act. Context: The School purchases food for the School Breakfast and National School Lunch program however, the invoices for purchases are not reviewed or approved before payment. Also, the meal counts for reimbursement are not reviewed prior to submitting. Cause: The School believed it was efficient if the Cafeteria Manager oversaw all aspects of the program. Effect: This could have resulted in errors or misstatement of expenditures or reimbursements. Recommendation: The School should ensure that processes are in place to review and approve invoices for purchases related to the breakfast and lunch program. In addition, the meal counts and monthly claim reimbursements should be reviewed and confirmed by someone other than the individual compiling the counts. These processes should be documented. Views of responsible officials and planned corrective actions: The School agrees with the finding and is in the process of designing and implementing controls to ensure compliance with the Act.
Finding 2023-002
School Breakfast Program - Assistance Listing No. 10.553; Grant Period: Year Ended June 30, 2023 and National School Lunch Program - Assistance Listing No. 10.555; Grant Period: Year Ended June 30, 2023 Criteria and Condition: To receive federal awards, non-federal entities must agree to maintain internal controls to provide reasonable assurance of compliance with requirements of the Single Audit Act. Context: The School purchases food for the School Breakfast and National School Lunch program however, the invoices for purchases are not reviewed or approved before payment. Also, the meal counts for reimbursement are not reviewed prior to submitting. Cause: The School believed it was efficient if the Cafeteria Manager oversaw all aspects of the program. Effect: This could have resulted in errors or misstatement of expenditures or reimbursements. Recommendation: The School should ensure that processes are in place to review and approve invoices for purchases related to the breakfast and lunch program. In addition, the meal counts and monthly claim reimbursements should be reviewed and confirmed by someone other than the individual compiling the counts. These processes should be documented. Views of responsible officials and planned corrective actions: The School agrees with the finding and is in the process of designing and implementing controls to ensure compliance with the Act.
Finding 2023-002
School Breakfast Program - Assistance Listing No. 10.553; Grant Period: Year Ended June 30, 2023 and National School Lunch Program - Assistance Listing No. 10.555; Grant Period: Year Ended June 30, 2023 Criteria and Condition: To receive federal awards, non-federal entities must agree to maintain internal controls to provide reasonable assurance of compliance with requirements of the Single Audit Act. Context: The School purchases food for the School Breakfast and National School Lunch program however, the invoices for purchases are not reviewed or approved before payment. Also, the meal counts for reimbursement are not reviewed prior to submitting. Cause: The School believed it was efficient if the Cafeteria Manager oversaw all aspects of the program. Effect: This could have resulted in errors or misstatement of expenditures or reimbursements. Recommendation: The School should ensure that processes are in place to review and approve invoices for purchases related to the breakfast and lunch program. In addition, the meal counts and monthly claim reimbursements should be reviewed and confirmed by someone other than the individual compiling the counts. These processes should be documented. Views of responsible officials and planned corrective actions: The School agrees with the finding and is in the process of designing and implementing controls to ensure compliance with the Act.
Finding 2023-002
School Breakfast Program - Assistance Listing No. 10.553; Grant Period: Year Ended June 30, 2023 and National School Lunch Program - Assistance Listing No. 10.555; Grant Period: Year Ended June 30, 2023 Criteria and Condition: To receive federal awards, non-federal entities must agree to maintain internal controls to provide reasonable assurance of compliance with requirements of the Single Audit Act. Context: The School purchases food for the School Breakfast and National School Lunch program however, the invoices for purchases are not reviewed or approved before payment. Also, the meal counts for reimbursement are not reviewed prior to submitting. Cause: The School believed it was efficient if the Cafeteria Manager oversaw all aspects of the program. Effect: This could have resulted in errors or misstatement of expenditures or reimbursements. Recommendation: The School should ensure that processes are in place to review and approve invoices for purchases related to the breakfast and lunch program. In addition, the meal counts and monthly claim reimbursements should be reviewed and confirmed by someone other than the individual compiling the counts. These processes should be documented. Views of responsible officials and planned corrective actions: The School agrees with the finding and is in the process of designing and implementing controls to ensure compliance with the Act.
Finding 2023-002
School Breakfast Program - Assistance Listing No. 10.553; Grant Period: Year Ended June 30, 2023 and National School Lunch Program - Assistance Listing No. 10.555; Grant Period: Year Ended June 30, 2023 Criteria and Condition: To receive federal awards, non-federal entities must agree to maintain internal controls to provide reasonable assurance of compliance with requirements of the Single Audit Act. Context: The School purchases food for the School Breakfast and National School Lunch program however, the invoices for purchases are not reviewed or approved before payment. Also, the meal counts for reimbursement are not reviewed prior to submitting. Cause: The School believed it was efficient if the Cafeteria Manager oversaw all aspects of the program. Effect: This could have resulted in errors or misstatement of expenditures or reimbursements. Recommendation: The School should ensure that processes are in place to review and approve invoices for purchases related to the breakfast and lunch program. In addition, the meal counts and monthly claim reimbursements should be reviewed and confirmed by someone other than the individual compiling the counts. These processes should be documented. Views of responsible officials and planned corrective actions: The School agrees with the finding and is in the process of designing and implementing controls to ensure compliance with the Act.
Finding 2023-002
School Breakfast Program - Assistance Listing No. 10.553; Grant Period: Year Ended June 30, 2023 and National School Lunch Program - Assistance Listing No. 10.555; Grant Period: Year Ended June 30, 2023 Criteria and Condition: To receive federal awards, non-federal entities must agree to maintain internal controls to provide reasonable assurance of compliance with requirements of the Single Audit Act. Context: The School purchases food for the School Breakfast and National School Lunch program however, the invoices for purchases are not reviewed or approved before payment. Also, the meal counts for reimbursement are not reviewed prior to submitting. Cause: The School believed it was efficient if the Cafeteria Manager oversaw all aspects of the program. Effect: This could have resulted in errors or misstatement of expenditures or reimbursements. Recommendation: The School should ensure that processes are in place to review and approve invoices for purchases related to the breakfast and lunch program. In addition, the meal counts and monthly claim reimbursements should be reviewed and confirmed by someone other than the individual compiling the counts. These processes should be documented. Views of responsible officials and planned corrective actions: The School agrees with the finding and is in the process of designing and implementing controls to ensure compliance with the Act.
Finding 2023-002
School Breakfast Program - Assistance Listing No. 10.553; Grant Period: Year Ended June 30, 2023 and National School Lunch Program - Assistance Listing No. 10.555; Grant Period: Year Ended June 30, 2023 Criteria and Condition: To receive federal awards, non-federal entities must agree to maintain internal controls to provide reasonable assurance of compliance with requirements of the Single Audit Act. Context: The School purchases food for the School Breakfast and National School Lunch program however, the invoices for purchases are not reviewed or approved before payment. Also, the meal counts for reimbursement are not reviewed prior to submitting. Cause: The School believed it was efficient if the Cafeteria Manager oversaw all aspects of the program. Effect: This could have resulted in errors or misstatement of expenditures or reimbursements. Recommendation: The School should ensure that processes are in place to review and approve invoices for purchases related to the breakfast and lunch program. In addition, the meal counts and monthly claim reimbursements should be reviewed and confirmed by someone other than the individual compiling the counts. These processes should be documented. Views of responsible officials and planned corrective actions: The School agrees with the finding and is in the process of designing and implementing controls to ensure compliance with the Act.