EIN: 371785773
UEI: MC43CMMF81W1
Audited by: Nathan Wechsler & Company, P.A
Oversight agency: 21 [Department of the Treasury]
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Showing data from August 28, 2026 — the Federal Audit Clearinghouse is under high demand right now, so this couldn't be refreshed. This is the most recent data on record, not necessarily today's.
Management decision deadline — for entities that funded this organization
The FAC accepted this audit on December 15, 2025. 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 June 15, 2026 (77 days ago).
What is a management decision? →The Schedule of Expenditures of Federal Awards presented for audit required multiple drafts. During the audit, it was noted that the original SEFA provided by management was incomplete and materially misstated. Supporting documentation was not readily available to reconcile the SEFA to the financial statements or to provide a clear audit trail for the federal expenditures reported. Cause of Condition: The deficiencies were the result of inadequate internal controls and oversight over the SEFA preparation process. There was no formal reconciliation of federal expenditures to the general ledger, and supporting documentation was not organized or maintained in a way that allowed for accurate SEFA preparation or audit review. The District received guidance from the grantor to charge multiple years’ worth of expenditures to the grant which also led to difficulties preparing the SEFA. Effect of Condition: The materially misstated SEFA may result in noncompliance with Uniform Guidance reporting requirements and hinder the auditor’s ability to properly identify major programs and assess the risk of material noncompliance. The lack of documentation also increases the risk of errors or omissions going undetected. Recommendation: It is recommended that management establish formal procedures for SEFA preparation, including timely reconciliation of federal expenditures to the general ledger, documentation and retention of supporting schedules and source data, and review and approval of the SEFA prior to submission to the auditors. View of Responsible Officials and Planned Corrective Action: The complexity of the grant reporting caused a misunderstanding as to exactly what costs were relevant to be included in the SEFA. The District is now better informed as far as what needs to be included in the SEFA. Planned Implementation Date of Corrective Action: July 2025 Person Responsible for Corrective Action: F.X. Flinn, Board Chair
Show full finding ▾Hide full finding ▴2024-002- Inadequate Preparation of the Schedule of Expenditures of Federal Awards (SEFA) Federal Agency: U.S. Department of the Treasury Award Name: Coronavirus State and Local Fiscal Recovery Funds Program Year: 2024 Assistance Listing Number: 21.027 Finding Type: Material weakness in in internal control over compliance and noncompliance. Criteria: Management is responsible for the preparation of the Schedule of Expenditures of Federal Awards (SEFA) for the period covered by the financial statements. The SEFA must be complete, accurate and include all federal awards expended, properly identified by Assistance Listing Number. Condition: The Schedule of Expenditures of Federal Awards presented for audit required multiple drafts. During the audit, it was noted that the original SEFA provided by management was incomplete and materially misstated. Supporting documentation was not readily available to reconcile the SEFA to the financial statements or to provide a clear audit trail for the federal expenditures reported. Cause of Condition: The deficiencies were the result of inadequate internal controls and oversight over the SEFA preparation process. There was no formal reconciliation of federal expenditures to the general ledger, and supporting documentation was not organized or maintained in a way that allowed for accurate SEFA preparation or audit review. The District received guidance from the grantor to charge multiple years’ worth of expenditures to the grant which also led to difficulties preparing the SEFA. Effect of Condition: The materially misstated SEFA may result in noncompliance with Uniform Guidance reporting requirements and hinder the auditor’s ability to properly identify major programs and assess the risk of material noncompliance. The lack of documentation also increases the risk of errors or omissions going undetected. Recommendation: It is recommended that management establish formal procedures for SEFA preparation, including timely reconciliation of federal expenditures to the general ledger, documentation and retention of supporting schedules and source data, and review and approval of the SEFA prior to submission to the auditors. View of Responsible Officials and Planned Corrective Action: The complexity of the grant reporting caused a misunderstanding as to exactly what costs were relevant to be included in the SEFA. The District is now better informed as far as what needs to be included in the SEFA. Planned Implementation Date of Corrective Action: July 2025 Person Responsible for Corrective Action: F.X. Flinn, Board Chair
Description of Finding: Inadequate Preparation of the Schedule of Expenditures of Federal Awards (SEFA) Statement of Concurrence or Nonconcurrence: The District conditionally agrees with this finding. The complexity of the grant reporting caused a misunderstanding as to exactly what costs were relevant to be included in the SEFA. Corrective Action: The District is now better informed as far as what needs to be included in the SEFA. Name of Contact Person: F. X. Flinn, Board Chair, Telephone:(802)- 369-0069, Email: chair@ecvtd.gov Projected Completion Date: July 2025
During audit testing, it was noted that the District applied indirect cost rates ranging from 10% to 50% to calculate and allocate indirect costs to the federal award. However, the grant agreement specifies that the District must use the 10% de minimis indirect cost rate if they decide to charge indirect costs to the grant. Cause of Condition: The District incorrectly applied a higher indirect cost rate. Effect of Condition: The use of varying indirect cost rates resulted in excess indirect cost charges to the federal award. Preliminary estimates indicate that indirect costs were overstated by $48,370 including $47,805 that were requested for reimbursement. Recommendation: It is recommend that the District review all applicable grant agreements and ensure compliance with specified indirect cost requirements. If there is no negotiated indirect cost rate, it is recommended the District elect the de minimis rate at 10%. The District should implement stronger review controls during grant budgeting and invoicing processes to ensure only allowable indirect cost rates are applied. View of Responsible Officials and Planned Corrective Action: The District will use the correct overhead rate for future reporting. Planned Implementation Date of Corrective Action: July 2025 Person Responsible for Corrective Action: F.X. Flinn, Board Chair
Show full finding ▾Hide full finding ▴2024-003- Inaccurate Indirect Cost Rate Applied Federal Agency: U.S. Department of the Treasury Award Name: Coronavirus State and Local Fiscal Recovery Funds Program Year: 2024 Assistance Listing Number: 21.027 Finding Type: Material weakness in internal control over compliance and noncompliance Criteria: Federal rules state that if an organization has never had a negotiated indirect cost rate, it can choose to use a flat 10% rate—called the de minimis rate—on certain direct costs. This 10% rate must be used the same way on all federal grants unless the organization gets an approved rate from the government. In this case, the grant agreement stated that the organization should use the 10% de minimis rate. Condition: During audit testing, it was noted that the District applied indirect cost rates ranging from 10% to 50% to calculate and allocate indirect costs to the federal award. However, the grant agreement specifies that the District must use the 10% de minimis indirect cost rate if they decide to charge indirect costs to the grant. Cause of Condition: The District incorrectly applied a higher indirect cost rate. Effect of Condition: The use of varying indirect cost rates resulted in excess indirect cost charges to the federal award. Preliminary estimates indicate that indirect costs were overstated by $48,370 including $47,805 that were requested for reimbursement. Recommendation: It is recommend that the District review all applicable grant agreements and ensure compliance with specified indirect cost requirements. If there is no negotiated indirect cost rate, it is recommended the District elect the de minimis rate at 10%. The District should implement stronger review controls during grant budgeting and invoicing processes to ensure only allowable indirect cost rates are applied. View of Responsible Officials and Planned Corrective Action: The District will use the correct overhead rate for future reporting. Planned Implementation Date of Corrective Action: July 2025 Person Responsible for Corrective Action: F.X. Flinn, Board Chair
Finding Reference Number: 2024-003 Description of Finding: Inaccurate Indirect Cost Rate Applied Statement of Concurrence or Nonconcurrence: The District concurs with the finding. Corrective Action: The District will use the correct overhead rate for future reporting. Name of Contact Person: F. X. Flinn, Board Chair, Telephone:(802)- 369-0069, Email: chair@ecvtd.gov Projected Completion Date: July 2025
During audit testing it was noted that the District did not submit required quarterly reports. Cause of Condition: The failure to submit the required reports was due to an unclear process for tracking due dates. No one at the District was assigned to make sure the reports were prepared and submitted. Effect of Condition: Failure to submit required reports impairs the federal awarding agency’s ability to monitor grant progress. Recommendation: It is recommended that management develop and implement procedures to ensure timely submission of all required reports. This should include establishing a tracking system and designating responsible personnel for monitoring compliance with grant reporting deadlines.View of Responsible Officials and Planned Corrective Action: The District will work with the granting Agency to get the form to properly report on a quarterly basis. Planned Implementation Date of Corrective Action: July 2025/Ongoing Person Responsible for Corrective Action: F.X. Flinn, Board Chair
Show full finding ▾Hide full finding ▴2024-004- Reporting Federal Agency: U.S. Department of the Treasury Award Name: Coronavirus State and Local Fiscal Recovery Funds Program Year: 2024 Assistance Listing Number: 21.027 Compliance: Reporting Finding Type: Significant deficiency in internal control over compliance and noncompliance Criteria: Management is responsible for submitting timely, accurate reporting based on the terms of the grant agreement. Reports must be supported by accounting records. Condition: During audit testing it was noted that the District did not submit required quarterly reports. Cause of Condition: The failure to submit the required reports was due to an unclear process for tracking due dates. No one at the District was assigned to make sure the reports were prepared and submitted. Effect of Condition: Failure to submit required reports impairs the federal awarding agency’s ability to monitor grant progress. Recommendation: It is recommended that management develop and implement procedures to ensure timely submission of all required reports. This should include establishing a tracking system and designating responsible personnel for monitoring compliance with grant reporting deadlines.View of Responsible Officials and Planned Corrective Action: The District will work with the granting Agency to get the form to properly report on a quarterly basis. Planned Implementation Date of Corrective Action: July 2025/Ongoing Person Responsible for Corrective Action: F.X. Flinn, Board Chair
Finding Reference Number: 2024-004 Description of Finding: Reporting Statement of Concurrence or Nonconcurrence: The District conditionally agrees with this finding. The granting agency did not provide the forms on which to report. Also, due to the nature of the reporting itself, it was impracticable to have the reports tie back to the general ledger accounts Corrective Action: The District will work with the granting Agency to get the form to properly report on a quarterly basis. Name of Contact Person: F. X. Flinn, Board Chair, Telephone:(802)- 369-0069, Email: chair@ecvtd.gov Projected Completion Date: July 2025/Ongoing
During the review of vendor invoices submitted for reimbursement, several instances were noted in which invoice amounts were not properly reduced for retainages that had not yet been paid. Cause of Condition: The District lacked a process to differentiate estimated versus actual costs included in vendor invoices. Effect of Condition: There is an increased risk that unallowable or inaccurate costs may have been charged to the federal program. Recommendation: It is recommended the entity implement procedures to ensure all invoiced amounts are supported with appropriate documentation. View of Responsible Officials and Planned Corrective Action: The District will instruct the operator to indicate on the invoice amounts held back for retainage to be paid at a later date when the work invoiced can be verified as complete. And will also adjust the requisitions to reflect only amounts actually paid. Planned Implementation Date of Corrective Action: October 2025 Person Responsible for Corrective Action: F.X. Flinn, Board Chair
Show full finding ▾Hide full finding ▴2024-005- Vendor Records Federal Agency: U.S. Department of the Treasury Award Name: Coronavirus State and Local Fiscal Recovery Funds Program Year: 2024 Assistance Listing Number: 21.027 Compliance: Allowable Costs/Cost Principles Finding Type: Significant deficiency in internal controls over compliance Criteria: All costs charged to a federal award must be adequately documented and supported. Condition: During the review of vendor invoices submitted for reimbursement, several instances were noted in which invoice amounts were not properly reduced for retainages that had not yet been paid. Cause of Condition: The District lacked a process to differentiate estimated versus actual costs included in vendor invoices. Effect of Condition: There is an increased risk that unallowable or inaccurate costs may have been charged to the federal program. Recommendation: It is recommended the entity implement procedures to ensure all invoiced amounts are supported with appropriate documentation. View of Responsible Officials and Planned Corrective Action: The District will instruct the operator to indicate on the invoice amounts held back for retainage to be paid at a later date when the work invoiced can be verified as complete. And will also adjust the requisitions to reflect only amounts actually paid. Planned Implementation Date of Corrective Action: October 2025 Person Responsible for Corrective Action: F.X. Flinn, Board Chair
Finding Reference Number: 2024-005 Description of Finding: Vendor Records Statement of Concurrence or Nonconcurrence: The District agrees with this finding. Corrective Action: The District will instruct the operator to indicate on the invoice amounts held back for retainage to be paid at a later date when the work invoiced can be verified as complete. And will also adjust the requisitions to reflect only amounts actually paid. Name of Contact Person: F. X. Flinn, Board Chair, Telephone:(802)- 369-0069, Email: chair@ecvtd.gov Projected Completion Date: October 2025
During testing of expenditures charged to the grant, an instance was identified in which the same invoice in the amount of $22,006 was charged twice to the grant.Cause of Condition: The duplication occurred due to a lack of sufficient review procedures. The accounting system did not flag the duplicate entry, and no secondary review was conducted to detect the error. Effect of Condition: Federal expenditures reported were overstated by $22,006. This resulted in an unallowable cost being charged to the grant. Questioned Costs: $22,006 Recommendation: It is recommended that the District implement stronger internal controls including reviews of grant expenditures. The District should also ensure the unallowable cost is removed from the grant and reimbursed to the federal agency as necessary. View of Responsible Officials and Planned Corrective Action: The accounting software used for the District’s financial records failed to flag a duplicate invoice (#310725) in this instance. The District will remove these costs on a subsequent submission for reimbursement. Planned Implementation Date of Corrective Action: Next request for reimbursement Person Responsible for Corrective Action: F.X. Flinn, Board Chair
Show full finding ▾Hide full finding ▴2024-06- Vendor Records Federal Agency: U.S. Department of the Treasury Award Name: Coronavirus State and Local Fiscal Recovery Funds Program Year: 2024 Assistance Listing Number: 21.027 Compliance: Allowable Costs/Cost Principles Finding Type: Significant deficiency in internal control over compliance and noncompliance Criteria: Costs charged to a federal award must be necessary, reasonable, allocable, and adequately documented. Duplicate charges for the same goods or services are unallowable. Condition: During testing of expenditures charged to the grant, an instance was identified in which the same invoice in the amount of $22,006 was charged twice to the grant.Cause of Condition: The duplication occurred due to a lack of sufficient review procedures. The accounting system did not flag the duplicate entry, and no secondary review was conducted to detect the error. Effect of Condition: Federal expenditures reported were overstated by $22,006. This resulted in an unallowable cost being charged to the grant. Questioned Costs: $22,006 Recommendation: It is recommended that the District implement stronger internal controls including reviews of grant expenditures. The District should also ensure the unallowable cost is removed from the grant and reimbursed to the federal agency as necessary. View of Responsible Officials and Planned Corrective Action: The accounting software used for the District’s financial records failed to flag a duplicate invoice (#310725) in this instance. The District will remove these costs on a subsequent submission for reimbursement. Planned Implementation Date of Corrective Action: Next request for reimbursement Person Responsible for Corrective Action: F.X. Flinn, Board Chair
Finding Reference Number: 2024-006 Description of Finding: Vendor Records Statement of Concurrence or Nonconcurrence: The District agrees with this finding. Corrective Action: The accounting software used for the District’s financial records failed to flag a duplicate invoice (#310725) in this instance. The District will remove these costs on a subsequent submission for reimbursement. Name of Contact Person: F. X. Flinn, Board Chair, Telephone:(802)- 369-0069, Email: chair@ecvtd.gov Projected Completion Date: Next Request for Reimbursement
FAC accepted this audit on June 13, 2024 — management decision was due December 13, 2024.
As a result of this condition, the District lacks internal controls over the preparation of the financials statements in accordance with GAAP, and instead relies, in part, on its external auditors for assistance with this task. Recommendation: It is recommended that the District ensures that members of management responsible for the accounting and reporting function receive appropriate training to ensure they are able to apply generally accepted accounting principals in reviewing and taking responsibility over the financial statements and footnotes prepared by the external audits. We also recommend hiring additional experienced staff to oversee the accounting and reporting function. View of Responsible Officials and Planned Corrective Action: The financial statements were prepared and presented in accordance with GAAP. The finance team continues to review the accounting and presentation of the monthly financial statements and will review the audited drafts of the financial statements for accuracy prior to finalization. Planned Implementation Date of Corrective Action: On-going. The District will continue to evaluate the cost vs. benefit of having someone in management capable of preparation of the financial statements in accordance with GAAP. Person Responsible for Corrective Action: F.X. Flinn, Board Chair
Show full finding ▾Hide full finding ▴2023-001- Preparation of Financial Statements Finding Type: Material weakness in internal controls over financial reporting. Criteria: The District is required to prepare financial statements in accordance with generally accepted accounting principles (GAAP). This is the responsibility of the District’s management. The preparation of the financial statements in accordance with GAAP requires internal controls over both maintaining internal books and records and reporting the external financial statements and the related footnotes. Conditions and context: The current staffing of the District does not allow the District to have an internal control system in place designed to provide for the preparation of the financials and related footnotes being audited. The District requested that the external auditors draft the financial statements and accompanying notes as a result. Cause of condition: Due to the cost and other considerations, the District has requested that their auditors draft the financial statement and related footnotes. Effect of Condition: As a result of this condition, the District lacks internal controls over the preparation of the financials statements in accordance with GAAP, and instead relies, in part, on its external auditors for assistance with this task. Recommendation: It is recommended that the District ensures that members of management responsible for the accounting and reporting function receive appropriate training to ensure they are able to apply generally accepted accounting principals in reviewing and taking responsibility over the financial statements and footnotes prepared by the external audits. We also recommend hiring additional experienced staff to oversee the accounting and reporting function. View of Responsible Officials and Planned Corrective Action: The financial statements were prepared and presented in accordance with GAAP. The finance team continues to review the accounting and presentation of the monthly financial statements and will review the audited drafts of the financial statements for accuracy prior to finalization. Planned Implementation Date of Corrective Action: On-going. The District will continue to evaluate the cost vs. benefit of having someone in management capable of preparation of the financial statements in accordance with GAAP. Person Responsible for Corrective Action: F.X. Flinn, Board Chair
View of Responsible Officials and Planned Corrective Action: The financial statements were prepared and presented in accordance with GAAP. The finance team continues to review the accounting and presentation of the monthly financial statements and will review the audited drafts of the financial statements for accuracy prior to finalization. Planned Implementation Date of Corrective Action: On-going. The District will continue to evaluate the cost vs. benefit of having someone in management capable of preparation of the financial statements in accordance with GAAP. Person Responsible for Corrective Action: F.X. Flinn, Board Chair
During compliance testing, it was noted that a procurement policy was not maintained during the entire grant period. Context: It was noted that a formal policy was not in place during the entire grant period. Cause of Condition: Award funds were used to enter into contracts to procure goods and services without a formal policy in place. Effect of Condition: As a result of this condition, the District did not have or follow a policy. Recommendation: It is recommended that the District establish and maintain a formal procurement policy. View of Responsible Officials and Planned Corrective Action: Beginning in October 2023, the District established a procurement policy which formalized the procurement process codified by long standing practices of the District’s operator. Planned Implementation Date of Corrective Action: Implemented Person Responsible for Corrective Action: Not applicable – already in place.
Show full finding ▾Hide full finding ▴2023-002- Procurement Policy Federal Agency: U.S. Department of the Treasury Award Name: Coronavirus State and Local Fiscal Recovery Funds Program Year: 2023 Assistance Listing Number: 21.027 Compliance: Procurement and Suspension and Debarment Finding Type: Material weakness in internal controls over compliance. Criteria: Management is responsible for maintaining a policy when using award funds to enter into contracts to procure goods and services necessary. Condition: During compliance testing, it was noted that a procurement policy was not maintained during the entire grant period. Context: It was noted that a formal policy was not in place during the entire grant period. Cause of Condition: Award funds were used to enter into contracts to procure goods and services without a formal policy in place. Effect of Condition: As a result of this condition, the District did not have or follow a policy. Recommendation: It is recommended that the District establish and maintain a formal procurement policy. View of Responsible Officials and Planned Corrective Action: Beginning in October 2023, the District established a procurement policy which formalized the procurement process codified by long standing practices of the District’s operator. Planned Implementation Date of Corrective Action: Implemented Person Responsible for Corrective Action: Not applicable – already in place.
View of Responsible Officials and Planned Corrective Action: Beginning in October 2023, the District established a procurement policy which formalized the procurement process codified by long standing practices of the District’s operator. Planned Implementation Date of Corrective Action: Implemented Person Responsible for Corrective Action: Not applicable – already in place.
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