EIN: 411463426
UEI: NJE5B1U82XP8
Audited by: CBIZ CPAs P.C.
Oversight agency: 59 [Small Business Administration]
View federal awards & risk assessment →
Data as of August 28, 2026
Management decision deadline — for entities that funded this organization
The FAC accepted this audit on December 18, 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 18, 2026 (75 days ago).
What is a management decision? →FAC accepted this audit on December 5, 2024 — management decision was due June 5, 2025.
FAC accepted this audit on February 8, 2024 — management decision was due August 8, 2024.
Finding - Reporting: Microloan Program, #59.046, Technical Assistance Grant. June 2023 Award Year, U.S. Small Business Administration Criteria or Specific Requirement Non-federal entities receiving federal awards must establish and maintain internal controls over the federal awards that provides reasonable assurance that the non-federal entity is managing the federal awards in compliance with the federal statutes, regulations, and the terms and conditions of the federal awards (2 CFR Section 200.303) Condition and Context Two quarterly reports and SF-425 reports were tested for the Microloan Technical Assistance grant. We noted that the CFO was preparing and signing the reports, but supervisory review of the completed reports was not performed prior to submission to the Small Business Administration. We did note that the underlying general ledger data that is used for preparing these reports is recorded by accounting staff and the data is reviewed by the CFO. Cause Staff turnover and shortages caused difficulty in segregating the preparation and review of the reports. Effect or Potential Effect Misstatements in the reports could go undetected. Questioned Costs None noted. Identification as a Repeat Finding Not a repeat finding. Recommendation We recommend procedures be implemented to include a supervisory review of reports to assure accuracy and completeness of the data and information included in the reports. Views of Responsible Officials and Planned Corrective Actions See corrective action plan.
Show full finding ▾Hide full finding ▴Finding - Reporting: Microloan Program, #59.046, Technical Assistance Grant. June 2023 Award Year, U.S. Small Business Administration Criteria or Specific Requirement Non-federal entities receiving federal awards must establish and maintain internal controls over the federal awards that provides reasonable assurance that the non-federal entity is managing the federal awards in compliance with the federal statutes, regulations, and the terms and conditions of the federal awards (2 CFR Section 200.303) Condition and Context Two quarterly reports and SF-425 reports were tested for the Microloan Technical Assistance grant. We noted that the CFO was preparing and signing the reports, but supervisory review of the completed reports was not performed prior to submission to the Small Business Administration. We did note that the underlying general ledger data that is used for preparing these reports is recorded by accounting staff and the data is reviewed by the CFO. Cause Staff turnover and shortages caused difficulty in segregating the preparation and review of the reports. Effect or Potential Effect Misstatements in the reports could go undetected. Questioned Costs None noted. Identification as a Repeat Finding Not a repeat finding. Recommendation We recommend procedures be implemented to include a supervisory review of reports to assure accuracy and completeness of the data and information included in the reports. Views of Responsible Officials and Planned Corrective Actions See corrective action plan.
Finding: Reporting: Internal Controls Condition: This finding, a significant deficiency in internal control, stated that for the two quarters tested, the CFO was preparing and signing the Technical Assistance reports but supervisory review of the completed reports was not performed prior to submission to the Small Business Administration. Views of Responsible Officials and Planned Corrective Actions: Management is in agreement with this finding. • A new internal control process for the review of Technical Assistance reports will be developed and documented. This process should outline the specific steps and responsibilities for supervisory review. • All personnel involved in the preparation and review of Technical Assistance reports will receive training on the grant report preparation process. • Going forward, Technical Assistance reports shall only be submitted to the SBA after they have undergone the required supervisory review. Responsible Official: Karla Dross, CFO is responsible for ensuring the successful implementation of this corrective action plan. Completion Date: The implementation of the corrective action plan shall commence immediately and should be completed within 90 days from the date of this plan. Ongoing monitoring and reporting procedures will continue indefinitely.
FAC accepted this audit on November 22, 2022 — management decision was due May 22, 2023.
FAC accepted this audit on September 29, 2021 — management decision was due March 29, 2022.
FAC accepted this audit on September 29, 2020 — management decision was due March 29, 2021.
FAC accepted this audit on September 29, 2019 — management decision was due March 29, 2020.
FAC accepted this audit on September 28, 2018 — management decision was due March 28, 2019.
FAC accepted this audit on October 17, 2017 — management decision was due April 17, 2018.
FAC accepted this audit on October 4, 2016 — management decision was due April 4, 2017.
Data source: This information comes from the Federal Audit Clearinghouse, the official repository of Single Audit data. All data is public domain. Verify this organization's audit history at fac.gov.
Browse other Single Audit organizations in Minnesota →
Track your findings and corrective action plans across audit cycles.
Start tracking findings →Monitor subrecipient audit findings and filing records.
Start monitoring →© 2026 Single Audit Intelligence. All data is public domain.
