EIN: 386025861
UEI: VM8QHK432MC6
Audited by: Maner Costerisan
Oversight agency: 10 [Department of Agriculture]
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Data as of September 7, 2026
Management decision deadline — for entities that funded this organization
The FAC accepted this audit on December 10, 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 10, 2026 (92 days ago).
What is a management decision? →FAC accepted this audit on September 17, 2024 — management decision was due March 17, 2025.
FAC accepted this audit on October 23, 2023 — management decision was due April 23, 2024.
FAC accepted this audit on October 18, 2022 — management decision was due April 18, 2023.
Olivet Community Schools currently has more than the allowable fund balance in the non-profit food service fund. As a result, the District will be required to develop a spending plan to reduce the balance to an acceptable level during the 2022-2023 school year. The plan must be submitted to the Michigan Department of Education prior to implementation. Excess funds cannot be transferred to the general fund. Questioned Costs: None Cause: The District?s received more funding than anticipated through the community eligibility provision and was unable to reduce the fund balance before year end. Effect: The District has an excess fund balance in the non-profit food service fund. Recommendation: The District should submit and implement a required corrective action plan, for the 2022- 2023 school year that will adequately reduce the food service fund balance. District?s Response: The District concurs with the facts of this finding and is implementing procedures to prevent this in the future.
Show full finding ▾Hide full finding ▴OLIVET COMMUNITY SCHOOLS SCHEDULE OF FINDINGS AND QUESTIONED COSTS YEAR ENDED JUNE 30, 2022 78 Section III - Federal Award Findings and Question Costs Finding 2022-001: Considered a significant deficiency Federal Program: Child Nutrition Cluster CFDA #: 10.553, 10.555, and 10.559 Federal agency: U.S. Department of Agriculture Pass-through entity: Michigan Department of Education Pass-through number: 221971, 211971, 221961, 221981, 221980, 220910, 211980, 211961, 210904 Criteria: In order to comply with Michigan Department of Education requirements, the District?s food service fund balance cannot exceed three months of operating expenditures. Condition: Olivet Community Schools currently has more than the allowable fund balance in the non-profit food service fund. As a result, the District will be required to develop a spending plan to reduce the balance to an acceptable level during the 2022-2023 school year. The plan must be submitted to the Michigan Department of Education prior to implementation. Excess funds cannot be transferred to the general fund. Questioned Costs: None Cause: The District?s received more funding than anticipated through the community eligibility provision and was unable to reduce the fund balance before year end. Effect: The District has an excess fund balance in the non-profit food service fund. Recommendation: The District should submit and implement a required corrective action plan, for the 2022- 2023 school year that will adequately reduce the food service fund balance. District?s Response: The District concurs with the facts of this finding and is implementing procedures to prevent this in the future.
OLIVET COMMUNITY SCHOOLS CORRECTIVE ACTION PLAN YEAR ENDED JUNE 30, 2022 Olivet Community Schools respectfully submits the following corrective action plan for the year ended June 30, 2022. Auditor: Maner Costerisan 2425 E. Grand River Ave., Suite 1 Lansing, Michigan 48912 Audit Period: Year ended June 30, 2022 District Contact Person: Gail Williams, Business Office Manager The findings from the June 30, 2022 schedule of findings and responses are discussed below. The findings are numbered consistently with the number assigned in the schedule. Finding ? Federal Award Findings and Question Costs Finding 2022-001 Considered a significant deficiency Recommendation: The District should submit and implement a required corrective action plan, for the 2022- 2023 school year that will adequately reduce the food service fund balance. Action to be Taken: Management agrees with the finding and we are in the process of developing a plan to spend down the food service fund balance. Anticipated Completion Date: June 30, 2023
2021-001
FAC accepted this audit on October 12, 2021 — management decision was due April 12, 2022.
Olivet Community Schools currently has more than the allowable fund balance in the non-profit food service fund. As a result, the District will be required to develop a spending plan to reduce the balance to an acceptable level during the 2021-2022 school year. The plan must be submitted to the Michigan Department of Education prior to implementation. Excess funds cannot be transferred to the general fund. Questioned costs: None Cause: The District?s received more funding than anticipated through the community eligibility provision and was unable to reduce the fund balance before year end. Effect: The District has an excess fund balance in the non-profit food service fund. Recommendation: The District should submit and implement a required corrective action plan, for the 2021- 2022 school year that will adequately reduce the food service fund balance. District?s Response: The District
Show full finding ▾Hide full finding ▴Finding 2021-001: Considered a significant deficiency Federal Program: Child Nutrition Cluster CFDA #: 10.555 and 10.559 Federal agency: U.S. Department of Agriculture Pass-through entity: Michigan Department of Education Pass-through number: 200902, 200900, 210904 Criteria: In order to comply with Michigan Department of Education requirements, the District?s food service fund balance cannot exceed three months of operating expenditures. Condition: Olivet Community Schools currently has more than the allowable fund balance in the non-profit food service fund. As a result, the District will be required to develop a spending plan to reduce the balance to an acceptable level during the 2021-2022 school year. The plan must be submitted to the Michigan Department of Education prior to implementation. Excess funds cannot be transferred to the general fund. Questioned costs: None Cause: The District?s received more funding than anticipated through the community eligibility provision and was unable to reduce the fund balance before year end. Effect: The District has an excess fund balance in the non-profit food service fund. Recommendation: The District should submit and implement a required corrective action plan, for the 2021- 2022 school year that will adequately reduce the food service fund balance. District?s Response: The District
OLIVET COMMUNITY SCHOOLS CORRECTIVE ACTION PLAN YEAR ENDED JUNE 30, 2021 Olivet Community Schools respectfully submits the following corrective action plan for the year ended June 30, 2021. Auditor: Maner Costerisan 2425 E. Grand River Ave., Suite 1 Lansing, Michigan 48912 Audit Period: Year ended June 30, 2021 District contact person: Gail Williams, Business Office Manager The findings from the June 30, 2021 schedule of findings and responses are discussed below. The findings are numbered consistently with the number assigned in the schedule. Finding ? Federal Award Findings and Question Costs Finding 2021-001 Considered a significant deficiency Recommendation: The District should submit and implement a required corrective action plan, for the 2021-2022 school year that will adequately reduce the food service fund balance. Action to be taken: Management agrees with the finding and we are in the process of developing a plan to spend down the food service fund balance. Anticipated completion date: June 30, 2022
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