LSS OF MARYCREST, LLC

EIN: 262181659

UEI: GSA_MIGRATION

Data as of August 24, 2026

LSS OF MARYCREST, LLC3 audit years2 findings1 repeat
3
Audit Years
2
Total Findings
1
Repeat Findings

FY 2019-12-31

Management decision deadline — for entities that funded this organization

The FAC accepted this audit on May 26, 2020. Under 2 CFR 200.521(d), a pass-through entity that provided federal funds to this organization for this audit period must issue a management decision on these findings by November 26, 2020 (2098 days ago).

What is a management decision? →
2019-003
Procurement & Suspension/Debarment
MATERIAL WEAKNESSREPEAT

In our procurement, suspension, and debarment testing, we noted that Marycrest does not have the required policy guidelines in place; therefore, Marycrest did not have proper documentation for the procurement process and did not test for suspension and debarment. Cause: Marycrest did not prepare policies to conform to procurement, suspension, and debarment requirements under the Uniform Guidance. Effect: Lack of a compliance policy could adversely affect Marycrest?s compliance with Uniform Guidance requirements. Questioned Costs: None Context: Reviewed a sample of purchases made during the year. Repeat Finding from Prior Year: Yes Auditor?s Recommendation: We recommend that Marycrest prepare a procurement, suspension, and debarment policy that includes all requirements of Uniform Guidance. Views of Responsible Official: Management agrees with the finding.

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Full finding narrative

2019-003 Procurement, Suspension, and Debarment Noncompliance and Material Weakness in Internal Control over Compliance U.S. Department of Housing and Urban Development CFDA #14.129 Healthcare Facility Note Under Section 232 Pursuant to Section 223(f) Criteria: Marycrest is required to have a written procurement, suspension, and debarment policy that complies with Uniform Guidance. Condition: In our procurement, suspension, and debarment testing, we noted that Marycrest does not have the required policy guidelines in place; therefore, Marycrest did not have proper documentation for the procurement process and did not test for suspension and debarment. Cause: Marycrest did not prepare policies to conform to procurement, suspension, and debarment requirements under the Uniform Guidance. Effect: Lack of a compliance policy could adversely affect Marycrest?s compliance with Uniform Guidance requirements. Questioned Costs: None Context: Reviewed a sample of purchases made during the year. Repeat Finding from Prior Year: Yes Auditor?s Recommendation: We recommend that Marycrest prepare a procurement, suspension, and debarment policy that includes all requirements of Uniform Guidance. Views of Responsible Official: Management agrees with the finding.

Corrective Action Plan

Finding 2019-001 Internal Control Over Financial Reporting Significant Deficiency Finding Summary: The Organization does not have an internal control system over financial reporting designed to provide for the preparation and review of the financial statements, including the accompanying footnotes as required by generally accepted accounting principles, on a periodic or annual basis. As auditors, we were requested to draft the financial statements and accompanying notes to the financial statements. Responsible Individuals: Grace Specht, Director of Corporate and Managed Community Accounting Corrective Action Plan: We understand our serious responsibility for keeping accurate financial records. At this time, it would not be cost-effective for an organization our size to resolve this technical issue. Accounting standards are complex and change frequently, requiring costly on-going training and education of the accounting staff. The cost of hiring an outside firm or consultant to review and prepare our financial statements prior to our audit would be prohibitive. We feel these funds are more appropriately expended for programming and to sustain our organization. We prefer to continue to use the expertise of our accounting firm to produce and review our financial statements. Anticipated Completion Date: Ongoing Finding 2019-002 Segregation of Duties Significant Deficiency Finding Summary: The limited number of staff during the year did not facilitate the segregation of duties necessary to achieve a low level of control risk. Responsible Individuals: Grace Specht, Director of Corporate and Managed Community Accounting Corrective Action Plan: Management agrees with the finding and will review processes to improve accounting controls over Marycrest?s review and approval procedures. Anticipated Completion Date: December 31, 2020 Finding 2019-003 Procurement, Suspension, and Debarment Noncompliance and Material Weakness in Internal Control over Compliance Finding Summary: The Organization does not have a written procurement, suspension, and debarment policy that complies with Uniform Guidance. Responsible Individuals: Grace Specht, Director of Corporate and Managed Community Accounting Corrective Action Plan: Management agrees with the finding and will develop a procurement, suspension, and debarment policy that complies with Uniform Guidance. Anticipated Completion Date: December 31, 2020

Prior Finding References

2018-003

About Procurement and Suspension and Debarment →

FY 2018-12-31

FAC accepted this audit on April 7, 2019 — management decision was due October 7, 2019.

2018-003
Procurement & Suspension/Debarment
MATERIAL WEAKNESS

GSA_MIGRATION

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GSA_MIGRATION

Corrective Action Plan

GSA_MIGRATION

About Procurement and Suspension and Debarment →

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