EIN: 480791574
UEI: VEMDKJ6MQFQ5
Data as of August 24, 2026
Management decision deadline — for entities that funded this organization
The FAC accepted this audit on December 23, 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 23, 2026 (64 days ago).
What is a management decision? →U.S. Department of Treasury No. 59.046 – Microloan Program Grant Period Year Ended June 30, 2025 Criteria: Expenses were allocated outside of the approved grant budget. Condition and Context: While quarterly expense reimbursements were submitted timely, the entity did not allocate expenses within the parameters of the approved grant budget. Actual payroll related expenses were less than the approved budget due to staffing changes. Other expenses were over the approved budget. Variances were in excess of 10% of the approved budget expenses. SCKEDD did not obtain approval for a budget revision from the granting agency prior to requesting reimbursement. Effect: Expenses outside of the approved grant budget were submitted for reimbursement. Cause: Monitoring of expenses allocated for reimbursement was not implemented and routinely performed. Recommendation: Internal controls over monitoring of grant expenditures compared to the approved grant budget be established to ensure appropriate compliance with grant regulations. Management Response: Processes are being implemented to ensure appropriate compliance with grant regulations, see corrective action plan.
Show full finding ▾Hide full finding ▴U.S. Department of Treasury No. 59.046 – Microloan Program Grant Period Year Ended June 30, 2025 Criteria: Expenses were allocated outside of the approved grant budget. Condition and Context: While quarterly expense reimbursements were submitted timely, the entity did not allocate expenses within the parameters of the approved grant budget. Actual payroll related expenses were less than the approved budget due to staffing changes. Other expenses were over the approved budget. Variances were in excess of 10% of the approved budget expenses. SCKEDD did not obtain approval for a budget revision from the granting agency prior to requesting reimbursement. Effect: Expenses outside of the approved grant budget were submitted for reimbursement. Cause: Monitoring of expenses allocated for reimbursement was not implemented and routinely performed. Recommendation: Internal controls over monitoring of grant expenditures compared to the approved grant budget be established to ensure appropriate compliance with grant regulations. Management Response: Processes are being implemented to ensure appropriate compliance with grant regulations, see corrective action plan.
Responsible party: Bethany Johnson, Interim Executive Director and Commercial Lending Manager and Tyler Ward, Interim Finance Director and Commercial Lender Implementation date: December 31, 2025 Corrective Action Plan Both Bethany Johnson, Interim Executive Director and Commercial Lending Manager, and Tyler Ward, Interim Finance Director and Commercial Lender, will continue to monitor the budget vs actuals both on a monthly and quarterly basis. Tyler Ward will provide an initial review and Bethany Johnson will provide a secondary review of the financial statements. If any variances are more than 5% over within a category, this category and the overall variances of each line item will be monitored closely to determine if any cumulative changes would cause a 10% or more increase or decrease overall in addition to a particular category. If a budget revision is determined to be required, Tyler Ward will prepare this document and Bethany Johnson will review and sign before submitting it to SBA. A reminder will be added to both Bethany Johnson and Tyler Ward’s SCKEDD calendars along with the existing reporting reminders. This will serve as a secondary reminder to monitor the budget at 90, 60 and 30 days before the end of the grant year. This will ensure that any changes in the 4th quarter can be addressed before the budget revision cutoff date to SBA. Calendar reminders will be added on 12/15/2025, and financials statement variances towards the Microloan grant will be reviewed with more scrutiny moving forward beginning with December 31, 2025 financial statements.
FAC accepted this audit on December 21, 2021 — management decision was due June 21, 2022.
Criteria: Internal controls should catch reporting discrepancies from the general ledger. Condition and Context: The 2013, 2015 and 2018 Revolving Fund Status and Loan Loss Reserve Status reports for the second, third and fourth quarters did not tie to the bank statements. Cause: A review process was not performed before the signature and submission of the quarterly reports filed which should have caught the discrepancies on the reports from the bank statements. Effect: The original filed reports did not agree to the supporting information, including bank statements, and underling accounting records. Repeat Finding: The finding was not a repeat finding. Recommendation: Controls should be implemented for a proper review process of the quarterly reports before they are submitted to the SBA. The Organization should have an employee prepare the report and another employee review the reports against the bank statements before signature is obtained on the report or the report is filed with SBA. Management Response: Management agrees with the finding. Procedures are being implemented to ensure appropriate review of quarterly reports, see attached corrective action plan.
Show full finding ▾Hide full finding ▴Criteria: Internal controls should catch reporting discrepancies from the general ledger. Condition and Context: The 2013, 2015 and 2018 Revolving Fund Status and Loan Loss Reserve Status reports for the second, third and fourth quarters did not tie to the bank statements. Cause: A review process was not performed before the signature and submission of the quarterly reports filed which should have caught the discrepancies on the reports from the bank statements. Effect: The original filed reports did not agree to the supporting information, including bank statements, and underling accounting records. Repeat Finding: The finding was not a repeat finding. Recommendation: Controls should be implemented for a proper review process of the quarterly reports before they are submitted to the SBA. The Organization should have an employee prepare the report and another employee review the reports against the bank statements before signature is obtained on the report or the report is filed with SBA. Management Response: Management agrees with the finding. Procedures are being implemented to ensure appropriate review of quarterly reports, see attached corrective action plan.
Finding: 2021-001 Reporting Plan: The Accounting Team will implement a validation process to validate the information presented in reporting. The Weatherization Controller and Accountant will reconcile the accounting records and prepare the report. Prior to signature and submission, the Controller will perform the validation. This will ensure that accounting records and bank statements are reconciled and tie to the reports prior to submission. Implementation/Completion Date: The Accounting Team implemented the plan effective September 30, 2021. The Accounting Team will continue to monitor, review, and verify reconciliations and validations prior to signature and submission of the report. This is an ongoing process that will be conducted quarterly, as appropriate to the reporting deadlines. Responsible Party: Stephanie Dechant, Controller, will have overall responsibility and will perform the validation, with the assistance of the Weatherization Controller and Accountant, who will be implementing, managing, and verifying that accounting records are reconciled and preparing the supporting reports on a routine, scheduled basis and fully completed quarterly.
FAC accepted this audit on February 17, 2021 — management decision was due August 17, 2021.
Five new loan files for did not contain documentation demonstrating identifiable weakness in the applicant's credit. This was not a repeat finding. Cause: Processes had changed during the year ended June 30, 2020. Borrowers were allowed to self-attest that they were unable to obtain funding elsewhere. However, further analysis was not completed to substantiate the self-attestation. Effect: The loan file documentation was incomplete. Current documentation to substantiate that credit was otherwise unavailable to the borrower was not maintained in the file. Although it was ultimately determined the participants could not obtain funding, the loan funds could be disbursed when funds could have been obtained elsewhere. Recommendation: Controls should be implemented with appropriate segregation of duties to ensure that all required loan documentation is maintained within each file. Documentation could include a letter of denial and/or analysis of credit weaknesses. The Organization could utilize checklists from SBA to document the "no credit elsewhere" test and/or incorporate analysis into the loan approval process. Management Response: Management agrees with the finding. Procedures are being implemented to ensure appropriate review of loan files, see attached corrective action plan.
Show full finding ▾Hide full finding ▴Criteria: Loans in excess of $20,000 must meet a "no credit elsewhere" test. Condition: Five new loan files for did not contain documentation demonstrating identifiable weakness in the applicant's credit. This was not a repeat finding. Cause: Processes had changed during the year ended June 30, 2020. Borrowers were allowed to self-attest that they were unable to obtain funding elsewhere. However, further analysis was not completed to substantiate the self-attestation. Effect: The loan file documentation was incomplete. Current documentation to substantiate that credit was otherwise unavailable to the borrower was not maintained in the file. Although it was ultimately determined the participants could not obtain funding, the loan funds could be disbursed when funds could have been obtained elsewhere. Recommendation: Controls should be implemented with appropriate segregation of duties to ensure that all required loan documentation is maintained within each file. Documentation could include a letter of denial and/or analysis of credit weaknesses. The Organization could utilize checklists from SBA to document the "no credit elsewhere" test and/or incorporate analysis into the loan approval process. Management Response: Management agrees with the finding. Procedures are being implemented to ensure appropriate review of loan files, see attached corrective action plan.
Finding: 2020-001 Journal Entries Plan: The Accounting Team will implement procedures and related controls to ensure accounts records are reconciled and adjusted to supporting schedules on a routine scheduled basis. Revenue and expense adjustments will recognize revenue when earned and expense when incurred. Audit journal entries, if any, will be made timely and financial records will agree to the audited financial statements. Implementation/Completion Date: The Accounting Team implemented the plan effective February 1, 2021. The Accounting Team will monitor, review, and verify routine scheduled reconciliations and adjustments are completed as scheduled. This is an ongoing process that will be conducted quarterly and fully completed at fiscal year-end. Responsible Party: Steven Wilkinson, Executive Director, will have overall responsibility, with the assistance of the Controller, Accountant and, Accounting Assistant, implementing, managing and verifying that accounts records are reconciled and adjusted to supporting schedules on a routine scheduled basis and fully completed at fiscal year-end. Finding: 2020-002 Documentation Plan: Loan Documentation controls will be implemented with appropriate segregation of duties to ensure that all required loan documentation is maintained within each file. Documentation will include a letter of denial and/or analysis of credit weaknesses. The Business Resource Program team members will utilize a loan documentation checklist to document the "no credit elsewhere" test and/or incorporate analysis into the loan approval process. Implementation/Completion Date: The Business Resource Program has implemented the loan documentation controls effective January 29, 2021. This is an ongoing procedural requirement. Responsible Party: Natalie Santonil, Business Resource Program Manager, will have overall responsibility and will direct the segregation of duties amongst the program team members to ensure that all required loan documentation including a letter of denial and/or analysis of credit weakness is maintained in each file.
FAC accepted this audit on November 19, 2018 — management decision was due May 19, 2019.
GSA_MIGRATION
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GSA_MIGRATION
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