STORM LAKE COMMUNITY SCHOOL DISTRICT

EIN: 426040431

UEI: LDVNJCNPHL29

Data as of August 21, 2026

10
Audit Years
10
Total Findings
10
Repeat Findings

FY 2025-06-30

Management decision deadline — for entities that funded this organization

The FAC accepted this audit on February 12, 2026. 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 August 12, 2026, which was (9 days ago).

What is a management decision? →
2025-003
Activities Allowed or Unallowed / Cost Allowability / Eligibility / Equipment & Real Property / Matching, Level of Effort, Earmarking / Procurement & Suspension/Debarment / Reporting / Subrecipient Monitoring / Special Tests & Provisions
REPEATMATERIAL WEAKNESS
Condition

SEGREGATION OF DUTIES - THE DISTRICT DID NOT PROPERLY SEGERGATE CUSTODY, RECORD-KEEPING AND RECONCILING FUNCTIONS, INCLUDING THOSE RELATED TO FEDERAL PROGRAMS. SEE 2025-001.

Corrective Action Plan

SEE REPONSE AND CORRECTIVE ACTION PLAN AT 2025-001.

Prior Finding References

2024-003

About Activities Allowed or Unallowed, Allowable Costs / Cost Principles, Eligibility, Equipment and Real Property Management, Matching, Level of Effort, Earmarking, Procurement and Suspension and Debarment, Reporting, Subrecipient Monitoring, Special Tests and Provisions →

FY 2024-06-30

Management decision deadline — for entities that funded this organization

The FAC accepted this audit on February 5, 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 August 5, 2025, which was (381 days ago).

What is a management decision? →
2024-003
Activities Allowed or Unallowed / Cost Allowability / Eligibility / Equipment & Real Property / Matching, Level of Effort, Earmarking / Procurement & Suspension/Debarment / Reporting / Subrecipient Monitoring / Special Tests & Provisions
REPEATMATERIAL WEAKNESS
Condition

SEGREGATION OF DUTIES - THE DISTRICT DID NOT PROPERLY SEGERGATE CUSTODY, RECORD-KEEPING AND RECONCILING FUNCTIONS, INCLUDING THOSE RELATED TO FEDERAL PROGRAMS. SEE 2024-001.

Corrective Action Plan

SEE REPONSE AND CORRECTIVE ACTION PLAN AT 2024-001.

Prior Finding References

2023-003

About Activities Allowed or Unallowed, Allowable Costs / Cost Principles, Eligibility, Equipment and Real Property Management, Matching, Level of Effort, Earmarking, Procurement and Suspension and Debarment, Reporting, Subrecipient Monitoring, Special Tests and Provisions →

FY 2023-06-30

Management decision deadline — for entities that funded this organization

The FAC accepted this audit on February 12, 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 August 12, 2024, which was (739 days ago).

What is a management decision? →
2023-003
Activities Allowed or Unallowed / Cost Allowability / Eligibility / Equipment & Real Property / Matching, Level of Effort, Earmarking / Procurement & Suspension/Debarment / Reporting / Subrecipient Monitoring / Special Tests & Provisions
REPEATMATERIAL WEAKNESS
Condition

THE DISTRICT DID NOT PROPERLY SEGREGATE CUSTODY, RECORD-KEEPING AND RECONCILING FUNCTIONS, INCLUDING THOSE RELATED TO FEDERAL PROGRAMS. SEE 2023-001

Corrective Action Plan

SEE RESPONSE AND CORRECTIVE ACTION PLAN AT 2023-001

Prior Finding References

2022-003

About Activities Allowed or Unallowed, Allowable Costs / Cost Principles, Eligibility, Equipment and Real Property Management, Matching, Level of Effort, Earmarking, Procurement and Suspension and Debarment, Reporting, Subrecipient Monitoring, Special Tests and Provisions →

FY 2022-06-30

Management decision deadline — for entities that funded this organization

The FAC accepted this audit on February 17, 2023. 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 August 17, 2023, which was (1100 days ago).

What is a management decision? →
2022-003
Activities Allowed or Unallowed / Cost Allowability / Eligibility / Equipment & Real Property / Matching, Level of Effort, Earmarking / Procurement & Suspension/Debarment / Reporting / Subrecipient Monitoring / Special Tests & Provisions
REPEATMATERIAL WEAKNESS
Condition

2022-003 SEGREGATION OF DUTIES - THE DISTRICT DID NOT PROPERLY SEGREGATE CUSTODY, RECORD-KEEPING AND RECONCILING FUNCTIONS, INLCUDING THOSE RELATED TO FEDERAL PROGRAMS. SEE 2022-001

Corrective Action Plan

COMMENT COMMENT CORRECTIVE CONTANCT PERSON, TITLE ANTICIPATED DATE REFERENCE TITLE ACTION PLAN PHONE NUMBER OF COMPLETION 2022-001 SEGREGATION SEE REPONSE AND CORRECTIVE TRUDY PEDERSEN N/A DUTIES ACTION PLAN AT 2022-001 BUSINESS MANAGER 712-732-8060 2022-002 PREPARATION OF SEE REPONSE AND CORRECTIVE TRUDY PEDERSEN N/A FINANCIAL ACTION PLAN AT 2022-002 BUSINESS MANAGER STATEMENTS 712-732-8060

Prior Finding References

2021-001

About Activities Allowed or Unallowed, Allowable Costs / Cost Principles, Eligibility, Equipment and Real Property Management, Matching, Level of Effort, Earmarking, Procurement and Suspension and Debarment, Reporting, Subrecipient Monitoring, Special Tests and Provisions →

FY 2021-06-30

Management decision deadline — for entities that funded this organization

The FAC accepted this audit on February 15, 2022. 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 August 15, 2022, which was (1467 days ago).

What is a management decision? →
2021-001
Activities Allowed or Unallowed / Cost Allowability / Cash Management / Eligibility / Equipment & Real Property / Matching, Level of Effort, Earmarking / Procurement & Suspension/Debarment / Program Income / Reporting / Subrecipient Monitoring / Special Tests & Provisions
REPEATMATERIAL WEAKNESS
Condition

III-A-21 (2021-001) SEGREGATION OF DUTIES - THE DISTRICT DID NOT PROPERLY SEGREGATE CUSTODY, RECORD-KEEPING AND RECONCILING FUNCTIONS, INCLUDING THOSE RELATED TO FEDERAL PROGRAMS. SEE II-A-21.

Corrective Action Plan

COMMENT COMMENT CONTACT PERSON, TITLE ANTICIPATED DATE REFERENCE TITLE CORRECTIVE ACTION PLAN PHONE NUMBER OF COMPLETION II-A-21 SEGREGATION OF DUTIES SEE RESPONSE AND CORRECTIVE TRUDY PEDERSEN N/A ACTION PLAN AT II-A-21 BUSINESS MANAGER 712-732-8060 II-B-21 PREPARATION OF SEE RESPONSE AND CORRECTIVE TRUDY PEDERSEN N/A FINANCIAL STATEMENTS ACTION PLAN AT II-B-21 BUSINESS MANAGER 712-732-8060

Prior Finding References

2020-001

About Activities Allowed or Unallowed, Allowable Costs / Cost Principles, Cash Management, Eligibility, Equipment and Real Property Management, Matching, Level of Effort, Earmarking, Procurement and Suspension and Debarment, Program Income, Reporting, Subrecipient Monitoring, Special Tests and Provisions →

FY 2020-06-30

Management decision deadline — for entities that funded this organization

The FAC accepted this audit on February 7, 2021. 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 August 7, 2021, which was (1840 days ago).

What is a management decision? →
2020-001
Activities Allowed or Unallowed / Cost Allowability / Cash Management / Eligibility / Matching, Level of Effort, Earmarking / Procurement & Suspension/Debarment / Program Income / Reporting / Subrecipient Monitoring / Special Tests & Provisions
REPEATMATERIAL WEAKNESS
Condition

III-A-20 SEGREGATION OF DUTIES - THE DISTRICT DID NOT PROPERLY SEGREGATE CUSTODY, RECORDKEEPING AND RECONCILING FUNCTIONS, (2020-001) INCLUDING THOSE RELATED TO FEDERAL PRGRAMS. SEE II-A-20.

Corrective Action Plan

Comment Comment Contact Person, Title, Reference Title Corrective Action Plan Phone Number Anticipated Date of Completion II-A-20 Segregation of duties See response and corrective Trudy Pedersen N/A action plan at II-A-20. Business Manager 712-732-8060 II-B-20 Preparation of See response and corrective Trudy Pedersen N/A financial statements action plan at II-B-20. Business Manager 712-732-8060

Prior Finding References

2019-001

About Activities Allowed or Unallowed, Allowable Costs / Cost Principles, Cash Management, Eligibility, Matching, Level of Effort, Earmarking, Procurement and Suspension and Debarment, Program Income, Reporting, Subrecipient Monitoring, Special Tests and Provisions →

FY 2019-06-30

Management decision deadline — for entities that funded this organization

The FAC accepted this audit on February 4, 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 August 4, 2020, which was (2208 days ago).

What is a management decision? →
2019-001
Activities Allowed or Unallowed / Cost Allowability / Eligibility / Period of Performance / Procurement & Suspension/Debarment / Reporting / Special Tests & Provisions
REPEATMATERIAL WEAKNESS
Condition

III-A-19 Segregation of Duties ? The District did not properly segregate custody, record- (2019-001) keeping and reconciling functions, including those related to federal programs. See II-A-19.

Corrective Action Plan

Comment Comment Contact Person, Title, Reference Title Corrective Action Plan Phone Number Anticipated Date of Completion II-A-19 Segregation of duties See response and corrective Trudy Pedersen N/A action plan at II-A-19. Business Manager 712-732-8060 II-B-19 Preparation of See response and corrective Trudy Pedersen N/A financial statements action plan at II-B-19. Business Manager 712-732-8060

Prior Finding References

2018-001

About Activities Allowed or Unallowed, Allowable Costs / Cost Principles, Eligibility, Period of Performance, Procurement and Suspension and Debarment, Reporting, Special Tests and Provisions →

FY 2018-06-30

Management decision deadline — for entities that funded this organization

The FAC accepted this audit on January 23, 2019. 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 July 23, 2019, which was (2586 days ago).

What is a management decision? →
2018-001
Activities Allowed or Unallowed / Cost Allowability / Eligibility / Period of Performance / Procurement & Suspension/Debarment / Reporting / Special Tests & Provisions
REPEATMATERIAL WEAKNESS
Condition

GSA_MIGRATION

Corrective Action Plan

GSA_MIGRATION

Prior Finding References

2017-001

About Activities Allowed or Unallowed, Allowable Costs / Cost Principles, Eligibility, Period of Performance, Procurement and Suspension and Debarment, Reporting, Special Tests and Provisions →

FY 2017-06-30

Management decision deadline — for entities that funded this organization

The FAC accepted this audit on January 29, 2018. 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 July 29, 2018, which was (2945 days ago).

What is a management decision? →
2017-001
Activities Allowed or Unallowed / Cost Allowability / Eligibility / Period of Performance / Procurement & Suspension/Debarment / Reporting / Special Tests & Provisions
REPEATMATERIAL WEAKNESS
Condition

GSA_MIGRATION

Corrective Action Plan

GSA_MIGRATION

Prior Finding References

2016-001

About Activities Allowed or Unallowed, Allowable Costs / Cost Principles, Eligibility, Period of Performance, Procurement and Suspension and Debarment, Reporting, Special Tests and Provisions →

FY 2016-06-30

Management decision deadline — for entities that funded this organization

The FAC accepted this audit on March 1, 2017. 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 September 1, 2017, which was (3276 days ago).

What is a management decision? →
2016-001
Activities Allowed or Unallowed / Cost Allowability / Eligibility / Period of Performance / Procurement & Suspension/Debarment / Reporting / Special Tests & Provisions
REPEATMATERIAL WEAKNESS
Condition

GSA_MIGRATION

Corrective Action Plan

GSA_MIGRATION

Prior Finding References

2015-001

About Activities Allowed or Unallowed, Allowable Costs / Cost Principles, Eligibility, Period of Performance, Procurement and Suspension and Debarment, Reporting, Special Tests and Provisions →

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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