City of Rushmore

EIN: 416005506

UEI: KN2EDEBLNFV3

Data as of August 22, 2026

City of Rushmore2 audit years3 findings3 repeat
2
Audit Years
3
Total Findings
3
Repeat Findings

FY 2023-12-31

Management decision deadline — for entities that funded this organization

The FAC accepted this audit on July 22, 2024. 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 January 22, 2025 (577 days ago).

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2023-001
Other
MATERIAL WEAKNESSREPEAT

Management’s Response and Actions Planned: The City’s management is aware of the adjustments necessary to present GAAP basis financial statements, but also recognizes the limits in expertise within the City that makes it difficult to make all necessary adjustments.

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Full finding narrative

Management’s Response and Actions Planned: The City’s management is aware of the adjustments necessary to present GAAP basis financial statements, but also recognizes the limits in expertise within the City that makes it difficult to make all necessary adjustments.

Corrective Action Plan

Management’s Response and Actions Planned: The City’s management is aware of this significant deficiency. The City will evaluate whether additional internal control policies should be implemented to ensure that accounts are adjusted to their appropriate year-end balances in accordance with accounting principles generally accepted in the United States of America.

Prior Finding References

2022-001

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2023-002
Other
REPEAT

Monitoring the effectiveness of the above actions and make changes as considered appropriate.

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Monitoring the effectiveness of the above actions and make changes as considered appropriate.

Corrective Action Plan

Monitors the effectiveness of the above actions and makes changes as considered appropriate.

Prior Finding References

2022-002

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2023-003
Other
REPEAT

Management’s Response and Actions Planned: The City’s management is aware of this significant deficiency. Management reviews and approves the draft annual audited financial statements and distributes them to the users. For entities of this size, it generally is not practical to obtain the internal expertise needed to handle all aspects of the external financial reporting. Management recognizes this and feels it is effectively handling its reporting responsibilities with the procedures described above.

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Full finding narrative

Management’s Response and Actions Planned: The City’s management is aware of this significant deficiency. Management reviews and approves the draft annual audited financial statements and distributes them to the users. For entities of this size, it generally is not practical to obtain the internal expertise needed to handle all aspects of the external financial reporting. Management recognizes this and feels it is effectively handling its reporting responsibilities with the procedures described above.

Corrective Action Plan

Management’s Response and Actions Planned: The City’s management is aware of this significant deficiency. Management reviews and approves the draft annual audited financial statements and distributes them to the users. For entities of this size, it generally is not practical to obtain the internal expertise needed to handle all aspects of the external financial reporting. Management recognizes this and feels it is effectively handling its reporting responsibilities with the procedures described above.

Prior Finding References

2022-003

About Other →

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.

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