Village Cooperative of Burlington

EIN: 455394440

UEI: HRR3WLMN55L3

Data as of August 24, 2026

Village Cooperative of Burlington10 audit years8 findings8 repeat
10
Audit Years
8
Total Findings
8
Repeat Findings

FY 2024-05-31

Management decision deadline — for entities that funded this organization

The FAC accepted this audit on October 9, 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 April 9, 2025 (503 days ago).

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2024-001
Other
REPEAT

2024-001 – Significant deficiency – segregation of duties Criteria – Good internal control requires a segregation of duties and responsibilities such that no one employee has access to both physical assets and the related accounting records, or to all phases of a transaction. Condition – The Cooperative has one employee that performs day to day management and accounting functions. Cause – The size of the Cooperative’s accounting and administrative staff precludes certain internal controls that would be preferred if the office staff were large enough to provide optimum segregation of duties. Effect – The lack of segregation of duties may result in undetected errors in financial statements and increases the possibility of misappropriation of Cooperative assets. Repeat Finding – This finding was reported in the prior year as finding 2023-001. Recommendation – The Board of Directors should remain involved in the financial affairs of the Cooperative on a regular ongoing basis to provide oversight and independent review functions and mitigate the weakness created by the lack of segregation. Auditee’s comment – The Board of Directors is and will remain involved in the financial affairs of the Cooperative. Status – Resolved. Management hired an employee separate from management to perform day to day functions. Auditor’s non-compliance code – S – Internal Control Deficiencies

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2024-001 – Significant deficiency – segregation of duties Criteria – Good internal control requires a segregation of duties and responsibilities such that no one employee has access to both physical assets and the related accounting records, or to all phases of a transaction. Condition – The Cooperative has one employee that performs day to day management and accounting functions. Cause – The size of the Cooperative’s accounting and administrative staff precludes certain internal controls that would be preferred if the office staff were large enough to provide optimum segregation of duties. Effect – The lack of segregation of duties may result in undetected errors in financial statements and increases the possibility of misappropriation of Cooperative assets. Repeat Finding – This finding was reported in the prior year as finding 2023-001. Recommendation – The Board of Directors should remain involved in the financial affairs of the Cooperative on a regular ongoing basis to provide oversight and independent review functions and mitigate the weakness created by the lack of segregation. Auditee’s comment – The Board of Directors is and will remain involved in the financial affairs of the Cooperative. Status – Resolved. Management hired an employee separate from management to perform day to day functions. Auditor’s non-compliance code – S – Internal Control Deficiencies

Corrective Action Plan

Status – Resolved. Management hired an employee separate from management to perform day to day functions.

Prior Finding References

2023-001

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FY 2023-05-31

FAC accepted this audit on January 2, 2024 — management decision was due July 2, 2024.

2023-001
Other
REPEAT

2023-001 – Significant deficiency – segregation of duties Criteria – Good internal control requires a segregation of duties and responsibilities such that no one employee has access to both physical assets and the related accounting records, or to all phases of a transaction. Condition – The Cooperative has one employee that performs day to day management and accounting functions. Cause – The size of the Cooperative’s accounting and administrative staff precludes certain internal controls that would be preferred if the office staff were large enough to provide optimum segregation of duties. Effect – The lack of segregation of duties may result in undetected errors in financial statements and increases the possibility of misappropriation of Cooperative assets. Repeat Finding – This finding was reported in the prior year as finding 2022-001. Recommendation – The Board of Directors should remain involved in the financial affairs of the Cooperative on a regular ongoing basis to provide oversight and independent review functions and mitigate the weakness created by the lack of segregation. Auditee’s comment – The Board of Directors is and will remain involved in the financial affairs of the Cooperative. Status – Outstanding Auditor’s non-compliance code – S – Internal Control Deficiencies

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2023-001 – Significant deficiency – segregation of duties Criteria – Good internal control requires a segregation of duties and responsibilities such that no one employee has access to both physical assets and the related accounting records, or to all phases of a transaction. Condition – The Cooperative has one employee that performs day to day management and accounting functions. Cause – The size of the Cooperative’s accounting and administrative staff precludes certain internal controls that would be preferred if the office staff were large enough to provide optimum segregation of duties. Effect – The lack of segregation of duties may result in undetected errors in financial statements and increases the possibility of misappropriation of Cooperative assets. Repeat Finding – This finding was reported in the prior year as finding 2022-001. Recommendation – The Board of Directors should remain involved in the financial affairs of the Cooperative on a regular ongoing basis to provide oversight and independent review functions and mitigate the weakness created by the lack of segregation. Auditee’s comment – The Board of Directors is and will remain involved in the financial affairs of the Cooperative. Status – Outstanding Auditor’s non-compliance code – S – Internal Control Deficiencies

Corrective Action Plan

The Board of Directors is and will remain involved in the financial affairs of the Cooperative.

Prior Finding References

2022-001

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FY 2022-05-31

FAC accepted this audit on January 10, 2023 — management decision was due July 10, 2023.

2022-001
Other
REPEAT

SECTION II ? FINDINGS ? FINANCIAL STATEMENTS AUDIT 2022-001 ? Significant deficiency ? segregation of duties Criteria ? Good internal control requires a segregation of duties and responsibilities such that no one employee has access to both physical assets and the related accounting records, or to all phases of a transaction. Condition ? The Cooperative has one employee that performs day to day management and accounting functions. Cause ? The size of the Cooperative?s accounting and administrative staff precludes certain internal controls that would be preferred if the office staff were large enough to provide optimum segregation of duties. Effect ? The lack of segregation of duties may result in undetected errors in financial statements and increases the possibility of misappropriation of Cooperative assets. Repeat Finding ? This finding was reported in the prior year as finding 2021-001. Recommendation ? The Board of Directors should remain involved in the financial affairs of the Cooperative on a regular ongoing basis to provide oversight and independent review functions and mitigate the weakness created by the lack of segregation. Auditee?s comment ? The Board of Directors is and will remain involved in the financial affairs of the Cooperative. Status ? Outstanding Auditor?s non-compliance code ? S ? Internal Control Deficiencies SECTION III ? FINDINGS AND QUESTIONED COSTS ?MAJOR FEDERAL AWARD PROGRAM AUDIT No matters were reported.

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SECTION II ? FINDINGS ? FINANCIAL STATEMENTS AUDIT 2022-001 ? Significant deficiency ? segregation of duties Criteria ? Good internal control requires a segregation of duties and responsibilities such that no one employee has access to both physical assets and the related accounting records, or to all phases of a transaction. Condition ? The Cooperative has one employee that performs day to day management and accounting functions. Cause ? The size of the Cooperative?s accounting and administrative staff precludes certain internal controls that would be preferred if the office staff were large enough to provide optimum segregation of duties. Effect ? The lack of segregation of duties may result in undetected errors in financial statements and increases the possibility of misappropriation of Cooperative assets. Repeat Finding ? This finding was reported in the prior year as finding 2021-001. Recommendation ? The Board of Directors should remain involved in the financial affairs of the Cooperative on a regular ongoing basis to provide oversight and independent review functions and mitigate the weakness created by the lack of segregation. Auditee?s comment ? The Board of Directors is and will remain involved in the financial affairs of the Cooperative. Status ? Outstanding Auditor?s non-compliance code ? S ? Internal Control Deficiencies SECTION III ? FINDINGS AND QUESTIONED COSTS ?MAJOR FEDERAL AWARD PROGRAM AUDIT No matters were reported.

Corrective Action Plan

The Board of Directors is and will remain involved in the financial affairs of the Cooperative.

Prior Finding References

2021-001

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FY 2021-05-31

FAC accepted this audit on September 6, 2021 — management decision was due March 6, 2022.

2021-001
Other
REPEAT

SECTION II ? FINDINGS ? FINANCIAL STATEMENTS AUDIT 2021-001 ? Significant deficiency ? segregation of duties Criteria ? Good internal control requires a segregation of duties and responsibilities such that no one employee has access to both physical assets and the related accounting records, or to all phases of a transaction. Condition ? The Cooperative has one employee that performs day to day management and accounting functions. Cause ? The size of the Cooperative?s accounting and administrative staff precludes certain internal controls that would be preferred if the office staff were large enough to provide optimum segregation of duties. Effect ? The lack of segregation of duties may result in undetected errors in financial statements and increases the possibility of misappropriation of Cooperative assets. Repeat Finding ? This finding was reported in the prior year as finding 2020-001. Recommendation ? The Board of Directors should remain involved in the financial affairs of the Cooperative on a regular ongoing basis to provide oversight and independent review functions and mitigate the weakness created by the lack of segregation. Auditee?s comment ? The Board of Directors is and will remain involved in the financial affairs of the Cooperative. Status ? Outstanding Auditor?s non-compliance code ? S ? Internal Control Deficiencies SECTION III ? FINDINGS AND QUESTIONED COSTS ?MAJOR FEDERAL AWARD PROGRAM AUDIT No matters were reported.

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SECTION II ? FINDINGS ? FINANCIAL STATEMENTS AUDIT 2021-001 ? Significant deficiency ? segregation of duties Criteria ? Good internal control requires a segregation of duties and responsibilities such that no one employee has access to both physical assets and the related accounting records, or to all phases of a transaction. Condition ? The Cooperative has one employee that performs day to day management and accounting functions. Cause ? The size of the Cooperative?s accounting and administrative staff precludes certain internal controls that would be preferred if the office staff were large enough to provide optimum segregation of duties. Effect ? The lack of segregation of duties may result in undetected errors in financial statements and increases the possibility of misappropriation of Cooperative assets. Repeat Finding ? This finding was reported in the prior year as finding 2020-001. Recommendation ? The Board of Directors should remain involved in the financial affairs of the Cooperative on a regular ongoing basis to provide oversight and independent review functions and mitigate the weakness created by the lack of segregation. Auditee?s comment ? The Board of Directors is and will remain involved in the financial affairs of the Cooperative. Status ? Outstanding Auditor?s non-compliance code ? S ? Internal Control Deficiencies SECTION III ? FINDINGS AND QUESTIONED COSTS ?MAJOR FEDERAL AWARD PROGRAM AUDIT No matters were reported.

Corrective Action Plan

The Board of Directors is and will remain involved in the financial affairs of the Cooperative.

Prior Finding References

2020-001

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FY 2020-05-31

FAC accepted this audit on August 28, 2020 — management decision was due February 28, 2021.

2020-001
Other
REPEAT

SECTION II ? FINDINGS ? FINANCIAL STATEMENTS AUDIT 2020-001 ? Significant deficiency ? segregation of duties Criteria ? Good internal control requires a segregation of duties and responsibilities such that no one employee has access to both physical assets and the related accounting records, or to all phases of a transaction. Condition ? The Cooperative has one employee that performs day to day management and accounting functions. Cause ? The size of the Cooperative?s accounting and administrative staff precludes certain internal controls that would be preferred if the office staff were large enough to provide optimum segregation of duties. Effect ? The lack of segregation of duties may result in undetected errors in financial statements and increases the possibility of misappropriation of Cooperative assets. Repeat Finding ? This finding was reported in the prior year as finding 2019-001. Recommendation ? The Board of Directors should remain involved in the financial affairs of the Cooperative on a regular ongoing basis to provide oversight and independent review functions and mitigate the weakness created by the lack of segregation. Auditee?s comment ? The Board of Directors is and will remain involved in the financial affairs of the Cooperative. Status ? Outstanding Auditor?s non-compliance code ? S ? Internal Control Deficiencies SECTION III ? FINDINGS AND QUESTIONED COSTS ?MAJOR FEDERAL AWARD PROGRAM AUDIT No matters were reported.

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SECTION II ? FINDINGS ? FINANCIAL STATEMENTS AUDIT 2020-001 ? Significant deficiency ? segregation of duties Criteria ? Good internal control requires a segregation of duties and responsibilities such that no one employee has access to both physical assets and the related accounting records, or to all phases of a transaction. Condition ? The Cooperative has one employee that performs day to day management and accounting functions. Cause ? The size of the Cooperative?s accounting and administrative staff precludes certain internal controls that would be preferred if the office staff were large enough to provide optimum segregation of duties. Effect ? The lack of segregation of duties may result in undetected errors in financial statements and increases the possibility of misappropriation of Cooperative assets. Repeat Finding ? This finding was reported in the prior year as finding 2019-001. Recommendation ? The Board of Directors should remain involved in the financial affairs of the Cooperative on a regular ongoing basis to provide oversight and independent review functions and mitigate the weakness created by the lack of segregation. Auditee?s comment ? The Board of Directors is and will remain involved in the financial affairs of the Cooperative. Status ? Outstanding Auditor?s non-compliance code ? S ? Internal Control Deficiencies SECTION III ? FINDINGS AND QUESTIONED COSTS ?MAJOR FEDERAL AWARD PROGRAM AUDIT No matters were reported.

Corrective Action Plan

The Board of Directors is and will remain involved in the financial affairs of the Cooperative.

Prior Finding References

2019-001

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FY 2019-05-31

FAC accepted this audit on September 12, 2019 — management decision was due March 12, 2020.

2019-001
Other
REPEAT

SECTION II ? FINDINGS ? FINANCIAL STATEMENTS AUDIT 2019-001 ? Significant deficiency ? segregation of duties Criteria ? Good internal control requires a segregation of duties and responsibilities such that no one employee has access to both physical assets and the related accounting records, or to all phases of a transaction. Condition ? The Cooperative has one employee that performs day to day management and accounting functions. Cause ? The size of the Cooperative?s accounting and administrative staff precludes certain internal controls that would be preferred if the office staff were large enough to provide optimum segregation of duties. Effect ? The lack of segregation of duties may result in undetected errors in financial statements and increases the possibility of misappropriation of Cooperative assets. Repeat Finding ? This finding was reported in the prior year as finding 2018-001. Recommendation ? The Board of Directors should remain involved in the financial affairs of the Cooperative on a regular ongoing basis to provide oversight and independent review functions and mitigate the weakness created by the lack of segregation. Auditee?s comment ? The Board of Directors is and will remain involved in the financial affairs of the Cooperative. Status ? Outstanding Auditor?s non-compliance code ? S ? Internal Control Deficiencies SECTION III ? FINDINGS AND QUESTIONED COSTS ? MAJOR FEDERAL AWARD PROGRAM AUDIT No matters were reported.

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SECTION II ? FINDINGS ? FINANCIAL STATEMENTS AUDIT 2019-001 ? Significant deficiency ? segregation of duties Criteria ? Good internal control requires a segregation of duties and responsibilities such that no one employee has access to both physical assets and the related accounting records, or to all phases of a transaction. Condition ? The Cooperative has one employee that performs day to day management and accounting functions. Cause ? The size of the Cooperative?s accounting and administrative staff precludes certain internal controls that would be preferred if the office staff were large enough to provide optimum segregation of duties. Effect ? The lack of segregation of duties may result in undetected errors in financial statements and increases the possibility of misappropriation of Cooperative assets. Repeat Finding ? This finding was reported in the prior year as finding 2018-001. Recommendation ? The Board of Directors should remain involved in the financial affairs of the Cooperative on a regular ongoing basis to provide oversight and independent review functions and mitigate the weakness created by the lack of segregation. Auditee?s comment ? The Board of Directors is and will remain involved in the financial affairs of the Cooperative. Status ? Outstanding Auditor?s non-compliance code ? S ? Internal Control Deficiencies SECTION III ? FINDINGS AND QUESTIONED COSTS ? MAJOR FEDERAL AWARD PROGRAM AUDIT No matters were reported.

Corrective Action Plan

The Board of Directors is and will remain involved in the financial affairs of the Cooperative.

Prior Finding References

2018-001

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FY 2018-05-31

FAC accepted this audit on October 11, 2018 — management decision was due April 11, 2019.

2018-001
Other
REPEAT

GSA_MIGRATION

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GSA_MIGRATION

Corrective Action Plan

GSA_MIGRATION

Prior Finding References

2017-001

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FY 2017-05-31

FAC accepted this audit on September 27, 2017 — management decision was due March 27, 2018.

2017-001
Other
REPEAT

GSA_MIGRATION

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GSA_MIGRATION

Corrective Action Plan

GSA_MIGRATION

Prior Finding References

2016-001

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