FAC Explorer

Finding 478057 (2023-001)

Significant Deficiency
Requirement
P
Questioned Costs
-
Year
2023
Accepted
2024-07-10
Audit: 314770
Organization: School District 12 Education Foundation Dba Five Star Education Foundation (CO)
Auditor: Ryan Gunsauls and O'Donnell LLC

AI Summary

  • Answer: Five Star Education Foundation is not preparing the required schedule of expenditures for federal awards.
  • Trend: This oversight could lead to compliance issues with federal funding regulations.
  • List: Recommend immediate action to create and maintain the necessary schedule to ensure compliance.

Finding Text

School District 12 Education Foundation (dba Five Star Education Foundation) does not prepare a schedule of expenditures of federal awards required by Uniform Guidance.

Categories

Reporting

Other Findings in this Audit

  • 478055 2023-001
    Significant Deficiency
  • 478056 2023-002
    Significant Deficiency
  • 478058 2023-002
    Significant Deficiency
  • 478059 2023-001
    Significant Deficiency
  • 478060 2023-002
    Significant Deficiency
  • 478061 2023-001
    Significant Deficiency
  • 478062 2023-002
    Significant Deficiency
  • 1054497 2023-001
    Significant Deficiency
  • 1054498 2023-002
    Significant Deficiency
  • 1054499 2023-001
    Significant Deficiency
  • 1054500 2023-002
    Significant Deficiency
  • 1054501 2023-001
    Significant Deficiency
  • 1054502 2023-002
    Significant Deficiency
  • 1054503 2023-001
    Significant Deficiency
  • 1054504 2023-002
    Significant Deficiency

Programs in Audit

ALN Program Name Expenditures
21.027 Coronavirus State and Local Fiscal Recovery Funds $209,195