EIN: 742138785
UEI: E868CZDQSDP1
Data as of August 24, 2026
Management decision deadline — for entities that funded this organization
The FAC accepted this audit on April 25, 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 October 25, 2023 (1034 days ago).
What is a management decision? →The project lead read the cooperative grant agreement, and the cooperative grant agreement was signed by the board chair. The cooperative agreement was also used as a reference during the conservation easement purchase process. Notwithstanding, the entity did not identify and/or monitor certain compliance requirements found in the cooperative grant agreement. Cause: The processes for identifying all compliance requirements and for monitoring those compliance requirements are incomplete and based on informal processes and procedures. Effect or Possible Effect: Varying compliance requirements could exist in the cooperative grant agreements, but not be identified and/or monitored. This could lead to compliance requirements which are not known and/or not understood. This is especially applicable to compliance requirements to be followed after the expenditure of the federal award such as submittal of reports and corresponding due dates, and other subsequent required communication with the awarding federal agency. Questioned Costs: Not applicable. Perspective/Context: The federal program expenditures consisted of one conservation easement purchase. The sampling was a non-statistically valid sample as the entire one transaction population was tested. The finding is the same as occurred on the prior year September 30, 2021 Schedule of Findings and Questioned Costs. The Findings and Questioned Costs for the September 30, 2021 year were provided to the Auditee in the weeks and months prior to the report date of May 13, 2022. The sampled conservation easement transaction relating to the September 30, 2022 fiscal year occurred in November 2021, prior to the auditee receiving the Schedule of Findings and Questioned Costs for the September 30, 2021 year end; and accordingly the auditee had not had the opportunity to implement the recommendations from the September 30, 2021 Schedule of Findings and Questioned Costs at the time the sampled conservation easement occurred in November 2021. Repeat Finding: The finding is the same as reported on the September 30, 2021 Schedule of Findings and Questioned Costs due to timing matters. The auditee did not have the opportunity to implement recommendations before the September 30, 2022 conservation easement occurred in November 2021. See the prior section "Perspective/Context" for additional information. Recommendation: As a result of the September 30, 2021 Schedule of Findings and Questioned Costs, subsequent to the month of May 2022, the auditee developed a checklist of processes and procedures to guide the auditee through future conservation easement purchases made with federal funds. The auditee assigned an employee to review federal contracts and extract and summarize applicable compliance requirements. The auditee should continue to develop and hone these new procedures and tools. Views of Responsible Officials of Auditee: The Jackson Hole Land Trust agrees with the recommendation, will continue to implement and improve its checklist of processes and procedures, and utilize staff to review and ensure compliance with federal contracts and grant agreements. The Land Trust also currently has an additional, new employee to assist in this process. Auditor Evaluation of Auditee comments: The Land Trust's responses and plans are appropriate.
Show full finding ▾Hide full finding ▴Finding 2022-001: Significant deficiencies in internal controls over compliance. Federal Agency: United States Department of Agriculture. Program Title: Agricultural Conservation Easement Program. CFDA Number: 10.931. Award Number: N5619ALE0010116. Award/Project Period: September 25, 2019 - August 31, 2022. Criteria: The Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards section 200.303 states ?the non-federal entity must:? and continues in subsection a. and c. ?Establish and maintain effective internal control over the Federal award that provides reasonable assurance that the non-Federal entity is managing the Federal award in compliance with Federal statutes, regulations, and the terms and conditions of the Federal award? and ?Evaluate and monitor the non-Federal entity's compliance with statutes, regulations and the terms and conditions of Federal awards? Condition: The project lead read the cooperative grant agreement, and the cooperative grant agreement was signed by the board chair. The cooperative agreement was also used as a reference during the conservation easement purchase process. Notwithstanding, the entity did not identify and/or monitor certain compliance requirements found in the cooperative grant agreement. Cause: The processes for identifying all compliance requirements and for monitoring those compliance requirements are incomplete and based on informal processes and procedures. Effect or Possible Effect: Varying compliance requirements could exist in the cooperative grant agreements, but not be identified and/or monitored. This could lead to compliance requirements which are not known and/or not understood. This is especially applicable to compliance requirements to be followed after the expenditure of the federal award such as submittal of reports and corresponding due dates, and other subsequent required communication with the awarding federal agency. Questioned Costs: Not applicable. Perspective/Context: The federal program expenditures consisted of one conservation easement purchase. The sampling was a non-statistically valid sample as the entire one transaction population was tested. The finding is the same as occurred on the prior year September 30, 2021 Schedule of Findings and Questioned Costs. The Findings and Questioned Costs for the September 30, 2021 year were provided to the Auditee in the weeks and months prior to the report date of May 13, 2022. The sampled conservation easement transaction relating to the September 30, 2022 fiscal year occurred in November 2021, prior to the auditee receiving the Schedule of Findings and Questioned Costs for the September 30, 2021 year end; and accordingly the auditee had not had the opportunity to implement the recommendations from the September 30, 2021 Schedule of Findings and Questioned Costs at the time the sampled conservation easement occurred in November 2021. Repeat Finding: The finding is the same as reported on the September 30, 2021 Schedule of Findings and Questioned Costs due to timing matters. The auditee did not have the opportunity to implement recommendations before the September 30, 2022 conservation easement occurred in November 2021. See the prior section "Perspective/Context" for additional information. Recommendation: As a result of the September 30, 2021 Schedule of Findings and Questioned Costs, subsequent to the month of May 2022, the auditee developed a checklist of processes and procedures to guide the auditee through future conservation easement purchases made with federal funds. The auditee assigned an employee to review federal contracts and extract and summarize applicable compliance requirements. The auditee should continue to develop and hone these new procedures and tools. Views of Responsible Officials of Auditee: The Jackson Hole Land Trust agrees with the recommendation, will continue to implement and improve its checklist of processes and procedures, and utilize staff to review and ensure compliance with federal contracts and grant agreements. The Land Trust also currently has an additional, new employee to assist in this process. Auditor Evaluation of Auditee comments: The Land Trust's responses and plans are appropriate.
Finding 2022-001 Contact person and responsible person: Derek Schaefer, Chief Financial Officer. Email address: derek@jhlandtrust.org Corrective Action Planned: As a result of the September 30, 2021 Schedule of Findings and Questioned Costs, subsequent to the month of May 2022, the Land Trust developed a checklist of processes and procedures to guide the Land Trust through future conservation easement purchases made with federal funds. The Land Trust assigned an employee to review federal contracts and extract and summarize applicable compliance requirements. The Land Trust will continue to develop and hone these new procedures and tools. Anticipated Completion Date: Substantially completed at September 30, 2022 with ongoing adjustments.
2021-002
FAC accepted this audit on June 7, 2022 — management decision was due December 7, 2022.
The project lead read the cooperative grant agreement, and the cooperative grant agreement was signed by the board chair. The cooperative agreement was also used as a reference during the conservation easement purchase process. Notwithstanding, the entity did not identify and/or monitor certain compliance requirements found in the cooperative grant agreement. Cause: The processes for identifying all compliance requirements and for monitoring those compliance requirements are incomplete and based on informal processes and procedures. Effect or Possible Effect: Varying compliance requirements could exist in the cooperative grant agreements, but not be identified and/or monitored. This could lead to compliance requirements which are not known and/or not understood. This is especially applicable to compliance requirements to be followed after the expenditure of the federal award such as submittal of reports and corresponding due dates, and other subsequent required communication with the awarding federal agency. Questioned Costs: Not applicable. Perspective/Content: The federal program expenditures consisted of two conservation easement purchases. The finding was applicable to both of these conservation easement purchase transactions. The sampling was a non-statistically valid sample as the entire two transaction population was tested. Repeat Finding: Not applicable - an audit in accordance with Government Auditing Standards was not performed for the prior year. Recommendation: A more complete control mechanism should be put in place to identify and monitor the compliance with each compliance requirement. For example, every compliance requirement on the cooperative grant agreement, as well as applicable compliance requirements from the Uniform Guidance, could be extracted to a spreadsheet or other program and monitored by two individuals with notes and dates on how and when compliance requirements were fulfilled. The Land Trust should provide opportunities for continuing education relating to the Uniform Guidance for appropriate employees. Views of Responsible Officials of Auditee: The Land Trust agrees that the current project control mechanisms should be more formalized to ensure compliance. Opportunities for continuing education related to Uniform Guidance will be provided. The strengthening of these controls will be addressed through the corrective action plan. Auditor Evaluation of Auditee comments: The Land Trust's response and plans for corrective action is appropriate.
Show full finding ▾Hide full finding ▴Finding 2021-002: Significant deficiencies in internal controls over compliance. Federal Agency: United States Department of Agriculture. Program Title: Agricultural Conservation Easement Program. CFDA Number: 10.931. Award Number: N5619ALE0010125. Award/Project Period: September 25, 2019 - August 31, 2022. Award Number: N5619ALE0010114. Award/Project Period: September 25, 2019 - August 31, 2022. Criteria: The Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards section 200.303 states ?the non-federal entity must:? and continues in subsection a. and c. ?Establish and maintain effective internal control over the Federal award that provides reasonable assurance that the non-Federal entity is managing the Federal award in compliance with Federal statutes, regulations, and the terms and conditions of the Federal award? and ?Evaluate and monitor the non-Federal entity's compliance with statutes, regulations and the terms and conditions of Federal awards? Condition: The project lead read the cooperative grant agreement, and the cooperative grant agreement was signed by the board chair. The cooperative agreement was also used as a reference during the conservation easement purchase process. Notwithstanding, the entity did not identify and/or monitor certain compliance requirements found in the cooperative grant agreement. Cause: The processes for identifying all compliance requirements and for monitoring those compliance requirements are incomplete and based on informal processes and procedures. Effect or Possible Effect: Varying compliance requirements could exist in the cooperative grant agreements, but not be identified and/or monitored. This could lead to compliance requirements which are not known and/or not understood. This is especially applicable to compliance requirements to be followed after the expenditure of the federal award such as submittal of reports and corresponding due dates, and other subsequent required communication with the awarding federal agency. Questioned Costs: Not applicable. Perspective/Content: The federal program expenditures consisted of two conservation easement purchases. The finding was applicable to both of these conservation easement purchase transactions. The sampling was a non-statistically valid sample as the entire two transaction population was tested. Repeat Finding: Not applicable - an audit in accordance with Government Auditing Standards was not performed for the prior year. Recommendation: A more complete control mechanism should be put in place to identify and monitor the compliance with each compliance requirement. For example, every compliance requirement on the cooperative grant agreement, as well as applicable compliance requirements from the Uniform Guidance, could be extracted to a spreadsheet or other program and monitored by two individuals with notes and dates on how and when compliance requirements were fulfilled. The Land Trust should provide opportunities for continuing education relating to the Uniform Guidance for appropriate employees. Views of Responsible Officials of Auditee: The Land Trust agrees that the current project control mechanisms should be more formalized to ensure compliance. Opportunities for continuing education related to Uniform Guidance will be provided. The strengthening of these controls will be addressed through the corrective action plan. Auditor Evaluation of Auditee comments: The Land Trust's response and plans for corrective action is appropriate.
Jackson Hole Land Trust Corrective Action Plan for the Year Ended September 30, 2021. Finding 2021-002 Contact person and responsible person: Derek Schaefer, Chief Operating and Financial Officer Email address: derek@jhlandtrust.org Corrective Action Planned: Land Trust staff will explore and create a method of recording and monitoring progress toward each Federal grant awarded. Project manager will create compliance document based on the compliance requirements identified in each cooperative grant agreement as well as applicable compliance from the Uniform Guidance. Project manager and an additional appropriate staff member shall be responsible for monitoring and completing control processes through proper documentation and verification. Appropriate staff will explore opportunities for continuing education related to the Uniform Guidance. Anticipated Completion Date: September 30, 2022
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