Concerned Citizens For a Better Algiers, Inc.app1.lla.la.gov/PublicReports.nsf/64D769D3A4F183DE86257E...Net assets, end of year $ 46.966 $ 3,843,156 $3,890,122 $ 3.795.825 The accompanying
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CONCERNED CITIZENS FOR A BETTER ALGIERS, INC.
FINANCIAL STATEMENTS AND
AUDITOR'S REPORT
December 31,2014
CONCERNED CITIZENS FOR A BETTER ALGIERS, INC.
TABLE OF CONTENTS
PAGE
INDEPENDENT AUDITOR'S REPORT 3
STATEMENT OF FINANCIAL POSITION 5
STATEMENT OF ACTIVITIES 6
STATEMENT OF CASH FLOWS 7
NOTES TO FINANCIAL STATEMENTS 8
SUPPLEMENTAL SCHEDULES
COMBINED STATEMENT OF ACTIVITIES AND CHANGES IN NET ASSETS 14
SCHEDULE OF EXPENDITURES OF FEDERAL AWARDS 16
SCHEDULE OF COMPENSATION, BENEFITS AND OTHER PAYMENTS TO AGENCY HEAD OR CHIEF EXECUTIVE OFFICER 17
INDEPENDENT AUDITOR'S REPORT ON INTERNAL CONTROL OVER FINANCIAL REPORTING AND ON COMPLIANCE AND OTHER MATTERS BASED ON AN AUDIT OF FINANCIAL STATEMENTS PERFORMED IN ACCORDANCE WITH GOVERNMENT AUDITING STANDARDS IS
INDEPENDENT AUDITOR'S REPORT ON COMPIANCE FOR EACH MAJOR PROGRAM AND ON INTERNAL CONTROL OVER COMPLIANCE REQUIRED BY 0MB CIRCULAR A-133 20
SCHEDULE OF FINDINGS AND QUESTIONED COSTS 22
3)u0tm |L|LCQ[. A LIMITED LIABILITY COMPANY
4769 ST. ROCH AVE. NEW ORLEANS, LOUISIANA 70122 TELEPHONE: (504) 288-0050
INDEPENDENT AUDITOR S REPORT
Board of Directors Concerned Citizens For A Better Algiers, Inc.
Report on the Financial Statements
We have audited the accompanying fmancial statements of Concerned Citizens For A Better Algiers, Inc. (a non-profit organization), which comprise the statement of the fmancial position as of December 31, 2014, and the related statements of activities and cash flows for the year then ended, and the related notes to the financial statements.
Management's Responsibility for the Financial Statements
Management is responsible for the preparation and fair presentation of these financial statements in accordance with accounting principles generally accepted in the United States of America; this includes the design, implementation, and maintenance of internal controls relevant to the preparation and fair presentation of fmancial statements that are free from material misstatement, whether due to fraud or error.
Auditor's Responsibility
Our responsibility is to express an opinion on these fmancial statements based on our audit. We conducted our audit in accordance with auditing standards generally accepted in the United States of America and the standards applicable to financial audits contained in Government Auditing Standards, issued by the Comptroller General of the United States. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the fmancial statements are free from material misstatement.
An audit involves performing procedures to obtain audit evidence about the amounts and disclosures in the fmancial statements. The procedures selected depend on the auditor's judgment, including the assessment of the risks of material misstatement of the financial statements, whether due to fraud or error. In making those risk assessments, the auditor considers internal control relevant to the entity's preparation and fair presentation of the financial statements in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the entity's internal control. Accordingly, we express no such opinion. An audit also includes evaluating the appropriateness of accounting policies used and the reasonableness of significant accounting estimates made by management, as well as evaluating the overall presentation of the fmancial statements.
We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our audit opinion.
Opinion
In our opinion, the financial statements referred to above present fairly, in all material respects, the fmancial position of Concerned Citizens For A Better Algiers, Inc. as of December 31, 2014, and the changes in its net assets and its cash flows for the year then ended in accordance with accounting principles generally accepted in the United States of America.
Report on Summarized Comparative Information
We have previously audited Concerned Citizens For A Better Algiers, Inc.'s 2013 fmancial statements, and we expressed an unmodified audit opinion on those audited financial statements in our report dated April 29, 2014. In our opinion, the summarized comparative information presented herein as of and for the year ended December 31, 2013, is consistent, in all material respects, with the audited fmancial statements from which it has been derived.
Other Matters Other Information
Our audit was conducted for the purpose of forming an opinion on the fmancial statements as a whole. The supplemental schedules listed in the table of contents are presented for purposes of additional analysis and is not a required part of the fmancial statements. The accompanying schedule of expenditures of federal awards, as required by Office of Management and Budget Circular A-133, "Audits of States, Local Governments, and Non-Profit Organizations," is presented for purposes of additional analysis and is not a required part of the fmancial statements. Such information is the responsibility of management and was derived from and relates directly to the underlying accounting and other records used to prepare the fmancial statements. The information has been subjected to the auditing procedures applied in the audit of the fmancial statements and certain additional procedures, including comparing and reconciling such information directly to the underlying accounting and other records used to prepare the fmancial statements or to the fmancial statement themselves, and other additional procedures in accordance with auditing standards generally accepted in the United States of America. In our opinion, the information is fairly stated in all material respects in relation to the fmancial statements as a whole.
Other Reporting Required by Government Auditing Standards
In accordance with Government Auditing Standards, we have also issued our report dated May 5, 2015, on our consideration of Concerned Citizens For A Better Algiers, Inc.'s internal control over fmancial reporting and on our tests of its compliance with certain provisions of laws, regulations, contracts, and grant agreements and other matters. The purpose of that report is to describe the scope of our testing of internal control over financial reporting and compliance and the results of that testing, and not to provide an opinion on internal control over fmancial reporting or on compliance. That report is an integral part of an audit performed in accordance with Government Auditing Standards in considering Concerned Citizens For A Better Algiers, Inc.'s internal control over fmancial reporting and compliance.
New Orleans, Louisiana May 5, 2015
CONCERNED CITIZENS FOR A BETTER ALGIERS, INC.
STATEMENT OF FINANCIAL POSITION
December 31,2014
ASSETS
Cash
Receivable Grants (Notes A4 and B) Other
Prepaid expenses and deposits
Land, buildings, and equipment- at cost (Notes A5, C and D)
Total assets
$ 147,549
337,185 3,503
340,688
27,218
3.489.166
S 4.004.621
COMPARATIVE SUMMARIZED INFORMATION
December 31.2013
$ 448,720
266,204 2,794
268.998
32,639
3.222.626
$ 3.972.983
Notes payable (Note D)
Accounts payable and accrued liabilities
Total liabilities
Contingencies (Note G)
Net assets Unrestricted Temporarily restricted (Note E)
Total net assets
Total liabilities and net assets
LIABILITIES AND NET ASSETS
$ 52,552
61,947
114.499
46,966 3.843.156
3.890.122
$4.004.621
$ 109,378
67.780
177.158
274,853 3.520.972
3.795.825
$3,972,983
The accompanying notes are an integral part of this financial statement.
5
CONCERNED CITIZENS FOR A BETTER ALGIERS, INC.
STATEMENT OF ACTIVITIES
For the year ended December 31, 2014
UNRESTRICTED TEMPORARILY
RESTRICTED TOTAL
SUMMARIZED COMPARATIVE INFORMATION
For the year
REVENUES Grant appropriations $ $ 1,128,588 $ 1,128,588 $ 1,466,755 Contributions 27,892 - 27,892 15,612 Other 41,189 269,393 310,582 264,977 Net assets released from restrictions 1.075.797 < 1.075.797> - -
TOTAL REVENUES 1.144,878 322.184 AAeim 1,747,344
EXPENSES Salaries 485,551 - 485,551 480,572 Fringe benefits 113,058 - 113,058 100,501 Travel 8,575 - 8,575 5,124 Insurance 107,480 - 107,480 78,339 Professional services 201,683 - 201,683 170,303 Occupancy 32,087 - 32,087 35,339 Telephone 13,926 - 13,926 14,353 Bank charges 1,314 - 1,314 1,343 Food 39,511 - 39,511 42,282 Supplies 102,725 - 102,725 62,118 Equipment 169,033 - 169,033 201,798 Trash removal 1,598 - 1,598 1,512 Vehicle expense 17,240 - 17,240 11,625 Interest 4,021 - 4,021 4,869 Other costs 6,368 - 6,368 25,369 Repairs and maintenance 68.595 - 68.595 72,106
TOTAL EXPENSES 1.372.765 _ 1,372.765 1,307,553
Increase in net assets 322,184 94,297 439,791
Net assets, beginning of year 274.853 3.520.972 3,795.825 3,356,034
Net assets, end of year $ 46.966 $ 3,843,156 $3,890,122 $ 3.795.825
The accompanying notes are an integral part of this financial statement.
6
CONCERNED CITIZENS FOR A BETTER ALGIERS, INC.
STATEMENT OF CASH FLOWS
For the year ended December 31,2014
Increase in cash and cash equivalents
Cash flows from operating activities: Increase in net assets $ 94,297 Adjustments to reconcile increase in net assets to net
cash provided by operating activities: Depreciation 140,086
Changes in assets and liabilities: decrease in grants receivables < 70,981> decrease in other receivables < 709> decrease in prepaid expenses and deposits 5,421 Increase in accounts payable and accrued
liabilities < 5.833>
Net cash provided by operating activities 162.281
SUMMARIZED COMPARATIVE INFORMATION
For the year ended
December 31.2013
$ 439,791
123,718
< 59,993> 19,198
< I3,026>
22.376
532.064
Cash flows from investing activities: Acquisition of equipment Capitalization of building costs and real estate
Net cash provided by investing activities
Cash flows from financing activities: Payments on notes payable
Net cash provided by financing activities
Net increase in cash and cash equivalents
Cash and cash equivalents, beginning of year
Cash and cash equivalents, end of year
< 406.626>
448.720
$ 147.549
< 9.274>
489.943
$ 448.720
Cash flow information: Interest paid during the year $ 3.481
The accompanying notes are an integral part of this financial statement.
CONCERNED CITIZENS FOR A BETTER ALGIERS, INC.
NOTES TO FINANCIAL STATEMENTS
December 31,2014
NOTE A - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
A summary of the significant accounting policies consistently applied in the preparation of the accompanying financial statements follows:
1. Nature of Activities
Concerned Citizens For A Better Algiers, Inc. is a non-profit corporation organized under the laws of the State of Louisiana. The corporation is organized to raise the economic, educational and social levels of the residents of the Algiers Community; and to foster and promote community-wide interest and concern for the problems of terminally ill residents.
2. Presentation of Financial Statements
The corporation's financial statements are presented in accordance with requirements established by the Financial Accounting Standards Board (FASB) Accounting Standards Codification (ASC) as set forth in the FASB ASC 958. Accordingly, the net assets of the corporation are classified to present the following classes: (a) unrestricted net assets, (b) temporarily restricted net assets, and (c) permanently restricted net assets.
Unrestricted Net Assets - Net assets that are not subject to donor-imposed stipulations.
Temporarily Restricted Net Assets - Net assets that are subject to donor-imposed stipulations that may or will be met either by actions of the corporation and/or the passage of time.
Permanently Restricted Net Assets - Net assets subject to donor-imposed stipulations that the corporation maintains them permanently. Generally, the donors of these assets permit the corporation to use all or part of the income earned on related investments for general or specific purposes. There were no permanently restricted net assets.
3. Revenue Recognition
For financial reporting, the corporation recognizes all contributed support as income in the period received. Contributed support is reported as unrestricted or restricted depending on the existence of donor stipulations that limit the use of the support. When a donor restriction expires, that is, when a stipulated time restriction ends or purpose restriction is accomplished, temporarily restricted net assets are reclassified to unrestricted net assets and reported in the statement of activity as "net assets released from restrictions".
Grant revenue is recognized as it is earned in accordance with approved contracts.
4. Receivables
The corporation considers accounts receivable to be fully collectible since the balance consists principally of payments due under governmental contracts. If amounts due become uncollectible, they will be charged to operations when that determination is made.
8
CONCERNED CITIZENS FOR A BETTER ALGIERS, INC.
NOTES TO FINANCIAL STATEMENTS - CONTINUED
December 31,2014
NOTE A - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - CONTINUED
5. Building and equipment
Concerned Citizens For A Better Algiers, Inc. records property acquisitions at cost. Donated items are recorded at estimated value at date of donation. Depreciation is provided for in amounts sufficient to relate the costs of depreciable assets to operations over their estimated service lives, on a straight-line basis. Depreciation expense for the year ended December 31, 2014 totaled $140,086.
It is the policy of the corporation to capitalize all property, furniture, and equipment with an acquisition cost in excess of $5,000.
6. Cash equivalents
For the purpose of the statement of cash flows, the corporation considers all investments with original maturities of three months or less to be cash equivalents.
7. Estimates
The preparation of financial statements in conformity with generally accepted accounting principles requires management to make estimates and assumptions that affect certain reported amounts and disclosures. Accordingly, actual results could differ from those estimates.
8. Fair Values of Financial Investments
Cash and cash equivalents carrying amounts reported in the balance sheet approximate fair values because of the short maturities of those instruments.
9. Functional Allocation of Expenses
The expenses of providing the program and other activities have been summarized on a functional basis in the footnote of functional expenses. Certain of those expenses have been allocated among the program and supporting services benefited based on estimates by management of the costs involved.
10. Subsequent Events
The subsequent events of the corporation were evaluated through the date the financial statements were available to be issued (May 5, 2015).
11. Summarized Comparative Information
Summarized comparative information is presented only to assist with financial analysis. Data in those columns do not present financial position, results of operations or changes in net assets in conformity with generally accepted accounting principles. Neither is such data comparable to a consolidation.
CONCERNED CITIZENS FOR A BETTER ALGIERS, INC.
NOTES TO FINANCIAL STATEMENTS - CONTINUED
December 31,2014
NOTE B - GRANTS RECEIVABLE
Grants Receivable at December 31, 2014 consist of the following:
Unity of Greater New Orleans, Inc. $ 3,846 City of New Orleans 333.339
$ 337.185
NOTE C - LAND, BUILDING, AND EQUIPMENT
Land, buildings and equipmentat December 31,2014 consists of the following:
Buildings $ 3,961,472 Transportation equipment 51,957 Equipment 4.065
4,017,494 Less accumulated depreciation < 1.054.427>
2,963,037 Construction-in-progress 307.512
3,270,579 Land 218.587
$ 3.489.166
NOTE D - NOTE PAYABLE
Note payable at December 31, 2014 consists of the following:
Note payable to financial institution, monthly payable of $1,256, including interest and principal, interest rate at 7.5%, due October 27, 2014. The note was paid as of the report date. $ 52.552
The notes payable are secured by real estate costing $1,665,310.
The interest expense for the year ended December 31, 2014 totaled $3,481.
NOTE E - TEMPORARILY RESTRICTED NET ASSETS
Temporarily restricted net assets consist of the following at December 31, 2014:
Insurance - restricted $ 27,498 Property and equipment 3,802,254 Ryan White 13.404
S 3.843.156
10
CONCERNED CITIZENS FOR A BETTER ALGIERS, INC.
NOTES TO FINANCIAL STATEMENTS - CONTINUED
December 31,2014
NOTE F- FUNCTIONAL EXPENSES
Functional expenses for the year ended December 31, 2014 are as follows:
Program services Housing opportunities for people with AIDS $ 961,861 Rental program for the homeless 230.309
1.192.170 Supportive services
Management and general 180.595 S 1.372.765
NOTE G - CONTINGENCIES
During 2011, a lawsuit was filed by a former developer for $175,250 for a project that was terminated prior to its construction phase. The project was terminated due to lack of funding. Legal counsel believes the potential for loss is undeterminable at this time.
In 2012, an individual filed a 30 year acquisitive prescription suit against property owned by the organization. Legal counsel believes the potential for loss is undeterminable at this time.
NOTE H - INCOME TAXES
The corporation is exempt from corporate income taxes under Section 501(c)(3) of the Internal Revenue Code.
The corporation has adopted the provision of EASE ASC 740-10-25, which requires a tax position be recognized or derecognized based on a "more likely than not" threshold. This applies to positions taken or expected to be taken in a tax return. The corporation does not believe its financial statements include any uncertain tax positions. The Corporation's tax returns for the year ended December 31, 2013, 2012 and 2011 remain open and subject to examination by taxing authorities. The Corporation's tax return for the year ended December 31, 2014 has not yet been filed.
11
CONCERNED CITIZENS FOR A BETTER ALGIERS, INC,
NOTES TO FINANCIAL STATEMENTS - CONTINUED
December 31,2014
NOTE I - BOARD OF DIRECTORS COMPENSATION
The board of directors is a voluntary board; therefore, no compensation was paid to any member.
NOTE J - ECONOMIC DEPENDENCY
The corporation received the majority of its revenue from funds provided through grants administered by the City of New Orleans and other nonprofit entities. The grant amounts are appropriated each year by the federal government If significant budget cuts are made at the federal level, the amount of funds the organization receives could be reduced significantly and have an adverse impact on its operation. At the time of completion of the examination of the corporation's financial statements, management was not aware of any actions taken that would adversely affect the amount of funds the corporation will receive in the next fiscal year.
The corporation is supported primarily through government grants. Approximately 77% of the corporation's support for the year ended December 31,2014 came from these grants.
12
SUPPLEMENTAL SCHEDULES
CONCERNED CITIZENS FOR A BETTER ALGIERS, INC.
COMBINED STATEMENT OF ACTIVITIES AND CHANGES IN NET ASSETS
For the year ended December 31,2014
UNITY OF GREATER RYAN
GENERAL HOPWA NEW ORLEANS, INC. HOME WHITE
REVENUES Grant appropriations $ 9,163 $ 842,720 $ 24,068 $ 171,637 $ 81,000 Other 69.081 13.937 _ 20 _
TOTAL REVENUES 78,244 856.657 24.068 171.657 81.000
EXPENSES Salaries 4,563 433,471 25,000 12,500 10,017 Fringe benefits 3,413 107,819 - 1,013 813 Travel 3,740 4,835 - - _ Insurance 6,635 52,503 - - _ Professional services 52,125 76,458 - 7,149 63,803 Occupancy 8,004 19,717 - - -Telephone 4,144 9,043 - - -Bank charges 14 1,300 - - -Food 4,574 34,937 - - _ Supplies 51,946 47,800 - - 2,074 Equipment 26,467 10,980 - - -Trash removal - 1,598 - - _ Vehicle expense 3,146 14,094 - - -Interest 711 - - - _ Other costs 1,549 3,054 - 850 -Repairs and maintenance 9.564 42.545 _ 960 _
TOTAL EXPENSES 180.595 860,154 25,000 22.472 76.707
Increase in net assets < 102,351> < 3,497> 149,185 4,293
Transfer to/from general < 122,362> 3,497 932 117,933 -
Capitalization of construction costs - - -
Net assets, beginning of year 274.853 . _ 9.111
Net assets, end of year $ 46,966 $- - . $ 13.404
14
CONCERNED CITIZENS FOR A BETTER ALGIERS, INC.
COMBINED STATEMENT OF ACTIVITIES AND CHANGES IN NET ASSETS - CONTINUED
For the year ended December 31,2014
INSURANCE RESTRICTED
REVENUES Grant appropriations Other
TOTAL REVENUES
EXPENSES Salaries Fringe benefits Travel Insurance Professional services Occupancy Telephone Bank charges Food Supplies Equipment Trash removal Vehicle expense Interest Other costs Repairs and maintenance
TOTAL EXPENSES
Increase in net assets
Transfer to/from general
Capitalization of construction costs
Net assets, beginning of year
Net assets, end of year
27.498
PROPERTY AND
EOUIPMENT
255.436 255.436
48,342 2,148 4,366 739
905 131,586
3,310 915
15.526
47,599
TOTAL
$ 1,128,588 338.474
1.467.062
485,551 113,058 8,575
107,480 201,683 32,087 13,926 1,314
39,511 102,725 169,033
1,598 17,240 4,021 6,368
68.595 1.372.765
94,297
$ 27,498
270,292
3.484.363
$3.802.254 $ 3.890.122
15
CONCERNED CITIZENS FOR A BETTER ALGIERS, INC.
SCHEDULE OF EXPENDITURES OF FEDERAL AWARDS
For the year ended December 31, 2014
PROGRAM TITLE
GRANTOR PASS THROUGH CONTRACT NO.
FEDERAL CFDA
NUMBER
TOTAL FEDERAL
EXPENDITURES
U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT
Funds passed through City of New Orleans: Housing Opportunities For People with Aids Audit
HOME Investment Partnership Program
Funds passed through Unity of Greater New Orleans, Inc.: Supportive Housing Program Supportive Housing Program
TOTAL U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT
U. S. DEPARTMENT OF HEALTH AND AND HUMAN SERVICES
Funds passed through City of New Orleans Ryan W. White Title I
TOTAL U. S. DEPARTMENT OF HEALTH AND HUMAN SERVICES
Total Federal Awards
HOPWA-021C
HOME 2011-003 HOME 2014-002
LA0068B6H031306 LA0068L6H031205
14.241 14.219
14.239 14,239
14.235 14.235
93.118
$ 856,657 9,163
141,497 30,140
11,568 12.500
,061,525
76,707
76,707
NOTE TO SCHEDULE OF EXPENDITURES OF FEDERAL AWARDS 1. The Schedule of Expenditures of Federal Awards was prepared on the accrual basis of accounting.
16
CONCERNED CITIZENS FOR A BETTER ALGIERS, INC.
SCHEDULE OF COMPENSATION, BENEFITS AND OTHER PAYMENTS TO AGENCY HEAD OR CHIEF EXECUTIVE OFFICER
For the year ended December 31,2014
Agency Head Name: Roberta B. Brown
Purpose Amount
Compensation $ 114,000
Conferences and meetings 127
Vehicle expense - gasoline 138
Reimbursements - lawn supplies 71
Reimbursements - repairs and maintenances 365
Reimbursements - household supplies 674
Reimbursements - building supplies 98
Reimbursements - food expense 500
17
Justin ^tnnlnn^ A LIMITED LIABILITY COMPANY
4769 ST. ROCH AVE. NEW ORLEANS, LOUISIANA 70122 TELEPHONE: (504) 288-0050
INDEPENDENT AUDITOR'S REPORT ON INTERNAL CONTROL OVER FINANCIAL REPORTING AND ON COMPLIANCE AND OTHER MATTERS
BASED ON AN AUDIT OF FINANCIAL STATEMENTS PERFORMED IN ACCORDANCE WITH GOVERNMENT AUDITING STANDARDS
Board of Directors Concerned Citizens For A Better Algiers, Inc.
We have audited, in accordance with the auditing standards generally accepted in the United States of America and the standards applicable to fmancial audits contained in Government Auditing Standards issued by the Comptroller General of the United States, the financial statements of Concerned Citizens For A Better Algiers, Inc. (non-profit organization), which comprise the statement of financial position as of December 31, 2014, and the related statements of activities, and cash flows for the year then ended, and the related notes to the financial statements, and have issued our report thereon dated May 5, 2015.
Internal Control Over Financial Reporting
In planning and performing our audit of the financial statements, we considered Concerned Citizens For A Better Algiers, Inc.'s internal control over financial reporting (internal control) to determine the audit procedures that are appropriate in the circumstances for the purpose of expressing our opinion on the financial statements, but not for the purpose of expressing an opinion on the effectiveness of Concerned Citizens For A Better Algiers, Inc.'s internal control. Accordingly, we do not express an opinion on the effectiveness of the Organization's internal control.
A deficiency in internal control exists when the design or operation of a control does not allow management or employees, in the normal course of performing their assigned functions, to prevent, or detect and correct, misstatements on a timely basis. A material weakness is a deficiency, or a combination of deficiencies, in internal control, such that there is a reasonable possibility that a material misstatement of the entity's financial statements will not be prevented, or detected and corrected on a timely basis. A significant deficiency is a deficiency, or a combination of deficiencies, in internal control that is less severe than a material weakness, yet important enough to merit attention by those charged with governance.
Our consideration of internal control was for the limited purpose described in the first paragraph of this section and was not designed to identify all deficiencies in internal control that might be material weaknesses or significant deficiencies. Given these limitations, during our audit we did not identify any deficiencies in internal control that we consider to be material weaknesses. However, material weaknesses may exist that have not been identified.
18
Compliance and Other Matters
As part of obtaining reasonable assurance about whether Concerned Citizens For A Better Algiers, Inc.'s financial statements are free of material misstatement, we performed tests of its compliance with certain provisions of laws, regulations, contracts and grant agreements, noncompliance with which could have a direct and material effect on the determination of financial statement amounts. However, providing an opinion on compliance with those provisions was not an objective of our audit, and accordingly, we do not express such an opinion. The results of our tests disclosed no instances of noncompliance, or other matters that are required to be reported under Government Auditing Standards.
Purpose of this Report
The purpose of this report is solely to describe the scope of our testing of internal control and compliance and the results of that testing, and not to provide an opinion on the effectiveness of the organization's internal control or on compliance. This report is an integral part of an audit performed in accordance with Government Auditing Standards in considering the organization's internal control and compliance. Accordingly, this communication is not suitable for any other purpose. Under Louisiana Revised Statue 24:513, this report is distributed by the Legislative Auditor as a public document.
New Orleans, Louisiana May 5, 2015
19
Justin 3). Iranian, A LIMITED LIABILITY COMPANY
4769 ST. ROCH AVE. NEW ORLEANS, LOUISIANA 70122 TELEPHONE: (504) 288-0050
INDEPENDENT AUDITOR S REPORT ON COMPLIANCE FOR EACH MAJOR PROGRAM AND ON INTERNAL CONTROL OVER
COMPLIANCE IN REQUIRED BY OMR CIRCULAR A-133
Board of Directors Concerned Citizens For A Better Algiers, Inc.
Report on Compliance for Each Major Federal Program
We have audited Concerned Citizens For A Better Algiers, Inc.'s compliance with the types of compliance requirements described in the 0MB Circular A-133 Compliance Supplement that could have a direct and material effect on each of Concerned Citizens For A Better Algiers, Inc.'s major federal programs for the year ended December 31, 2014. Concerned Citizens For A Better Algiers, Inc.'s major federal programs are identified in the summary of auditor's results section of the accompanying schedule of fmdings and questioned costs.
Management's Responsibility
Management is responsible for compliance with the requirements of laws, regulations, contracts, and grants applicable to its federal programs.
Auditor's Responsibility
Our responsibility is to express an opinion on compliance for each of Concerned Citizens For A Better Algiers, Inc.'s major federal programs based on our audit of the types of compliance requirements referred to above. We conducted our audit of compliance in accordance with auditing standards generally accepted in the United States of America; the standards applicable to financial audits contained in Government Auditing Standards, issued by the Comptroller General of the United States; and 0MB Circular A-133, Audits of States, Local Governments, and Non-Profit Organizations. Those standards and 0MB Circular A-133 required that we plan and perform the audit to obtain reasonable assurance about whether noncompliance with the types of compliance requirements referred to above that could have a direct and material effect on a major federal program occurred. An audit includes examining, on a test basis, evidence about Concerned Citizens For A Better Algiers, Inc.'s compliance with those requirements and performing such other procedures as we considered necessary in he circumstances.
We believe that our audit provides a reasonable basis for our opinion on compliance for each major federal program. However, our audit does not provide a legal determination of Concerned Citizens For A Better Algiers, Inc.'s compliance.
20
Opinion on Each Major Federal Program
In our opinion, Concerned Citizens For A Better Algiers, Inc. complied, in all material respects, with the types of compliance requirements referred to above that could have a direct and material effect on each of its major federal programs for the year ended December 31, 2014.
Report on Internal Control Over Compliance
Management of Concerned Citizens For A Better Algiers, Inc. is responsible for establishing and maintaining effective internal control over compliance with the types of compliance requirements referred to above. In planning and performing our audit of compliance, we considered Concerned Citizens For A Better Algiers, Inc.'s internal control over compliance with the types of requirements that could have a direct and material effect on each major federal program to determine the auditing procedures that are appropriate to the circumstances for the purpose of expressing an opinion on compliance for each major federal program and to test and report on internal control over compliance in accordance with 0MB Circular A-133, but not for the purpose of expressing an opinion on the effectiveness of internal control over compliance. Accordingly, we do not express an opinion on the effectiveness of Concerned Citizens For A Better Algiers, Inc.'s internal control over compliance.
A deficiency in internal control over compliance exists when the design or operation of a control over compliance does not allow management or employees, in the normal course of performing their assigned functions, to prevent, or detect and correct, noncompliance with a type of compliance requirement of a federal program on a timely basis. A material weakness in internal control over compliance is a deficiency, or combination of deficiencies, in internal control over compliance, such that there is a reasonable possibility that material noncompliance with a type of compliance requirement of a federal program will not be prevented, or detected and corrected, on a timely basis. A significant deficiency in internal control over compliance is a deficiency, or a combination of deficiencies, in internal control over compliance with a type of compliance requirement of a federal program that is less severe than a material weakness in internal control over compliance, yet important enough to merit attention by those charged with governance.
Our consideration of internal control over compliance was for the limited purpose described in the first paragraph of this section and was not designed to identify all deficiencies in internal control over compliance that might be material weaknesses or significant deficiencies. We did not identify any deficiencies in internal control over compliance that we consider to be material weaknesses. However, material weaknesses may exist that have not been identified.
Purpose of this Report
The purpose of this report on internal control over compliance is solely to describe the scope of our testing of internal control over compliance and the results of that testing based on the requirements of 0MB Circular A-133. Accordingly, this report is not suitable for any other purpose. Under Louisiana Revised Statue 24:513, this report is distributed by the Legislative Auditor as a public document.
New Orleans, Louisiana May 5,2015
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CONCERNED CITIZENS FOR A BETTER ALGIERS, INC.
SCHEDULE OF FINDINGS AND QUESTIONED COSTS
For the year ended December 31, 2014
A. SUMMARY OF AUDITOR^S RESULTS
Financial Statements
Type of auditor's report issued
Internal control over financial reporting:
• Material weakness(es) identified? • Significant deficiency(ies) identified?
Noncompliance material to financial statements noted?
Federal Awards
Internal control over major programs:
• Material weakness(es) identified? • Significant deficiency(ies) identified?
J/QS
_yes jyes
_yes _yes
Unmodified
X no X none reported X no
X no X none reported
Type of auditor's report issued on compliance for major programs:
Any audit findings disclosed that are requried to be reported in accordance with Section 510(a) of 0MB Circular A-133? yes
Identification of major programs:
CFDA Number(s)
14.241
Unmodified
X no
Name of Federal Program or Cluster
U. S. Department of Housing and Urban Development Passed through City of New Orleans:
Housing Opportunities for People with Aids
Dollar threshold used to distinguish between type A and B programs: $300,000
Auditee qualified as low-risk auditee? ves X no
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CONCERNED CITIZENS FOR A BETTER ALGIERS, INC.
SCHEDULE OF FINDINGS AND QUESTIONED COSTS - CONTINUED
For the year ended December 31,2014
B. FINANCIAL STATEMENT FINDINGS
There were no findings related to the financial statements for the year ended December 31,2014.
C. FEDERAL AWARD FINDINGS AND OUESTIONED COSTS
There were no items identified in the course of our testing during the current year required to be reported.
D. STATUS OF PRIOR YEAR AUDIT FINDINGS
There were no prior year audit fmdings.
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