FAC Explorer

Finding 1100531 (2024-002)

Material Weakness
Requirement
A
Questioned Costs
-
Year
2024
Accepted
2025-02-20
Audit: 343248
Organization: Sagebrush Steppe Land Trust (ID)
Auditor: Wipfli LLP

AI Summary

  • Core Issue: Some federal funding of $1.05 million for conservation easements was not properly recorded.
  • Impacted Requirements: Lack of an original schedule of federal expenditures violates documentation standards.
  • Recommended Follow-Up: Ensure all funding is accurately recorded and create a comprehensive schedule for federal expenditures.

Finding Text

The Organization occasionally receives funding from federal and state agencies to facilitate their purpose and programs. Most of this funding is below the threshold to require a Uniform Guidance audit. In 2024, federal agencies provided $1.05 million in funding to facilitate the purpose of a conservation easements. A portion of these funds were not initially recorded, and no original schedule of federal expenditures was created with this and other federal funding sources.

Categories

No categories assigned yet.

Other Findings in this Audit

  • 524088 2024-001
    Material Weakness
  • 524089 2024-002
    Material Weakness
  • 1100530 2024-001
    Material Weakness

Programs in Audit

ALN Program Name Expenditures
10.931 Agricultural Conservation Easement Program $448,125
15.660 Endangered Species - Candidate Conservation Action Funds $41,258
10.665 Schools and Roads - Grants to States $30,000
15.631 Partners for Fish and Wildlife $27,136