grantcheck

Colorado · Nonprofit · under $2M in federal spending

The Blue Bench

Lakewood, CO

The FY2023 single audit reports 1 finding: 1 significant deficiency.

No FY2024 single audit on file as of October 30, 2026. For the fiscal year ending December 31, 2024, it was due September 30, 2025, 395 days earlier. It is expected because the FY2023 audit reported $921,875 in federal spending; an organization whose federal spending fell below the threshold would not need one.

Score: 8 of 100 (FY2023 audit)

The sum of eight parts, each read from the audit. How the score works.

PartRulePointsMax
Material weaknesses8 points each024
Significant deficiencies3 points each39
Repeat findings5 points each015
Longest repeat chain2 years 3, 3 years 6, 4 years 9, 5+ years 12012
Modified major-program opinionsqualified 8 each; any adverse or disclaimer 15015
Questioned costsknown amount of $25,000 or more, by share and dollars015
Going concernauditor included a going-concern paragraph05
Prior-year latenessprior-year audit late or not filed, scored only with a finding55
Score8100

Federal funding, FY2023

$921,875 in federal awards spent, across 2 programs. Largest funding agencies:

AgencySpent
Department of the Treasury$882,882
Department of Health and Human Services$38,993

FY2023 audit

FAC record
2023-12-GSAFAC-0000400122
Fiscal year end
December 31, 2023
Accepted by FAC
January 29, 2026; submitted 486 days after its due date (September 30, 2024)
Federal spending
$921,875 · 2 programs
Major programs
1
Score
8 of 100

Finding 2023-002

significant deficiency

Program
CORONAVIRUS STATE AND LOCAL FISCAL RECOVERY FUNDS (21.027)
Compliance requirement
Allowable costs/cost principles
FAC record
FY2023 audit on fac.gov
Finding text from the filing

Finding 2023-002: 21.027 - Coronavirus State and Local Fiscal Recovery:COVID-19

Compliance Requirement: Allowable Costs/Cost Principles - Significant Deficiency

Criteria: 2 CFR 200.430, subpart I - Compensation-personal service, charges to Federal awards for salaries and wages must be based on records that accurately reflect the work performed. These records must: • Be supported by a system of internal control which provides reasonable assuance that the charges are accurate, allowable, and properly allocated; • Reasonably reflect the total activity for which the employee is compensated; and • Be supported by documentation such as time sheets, time cards, or equivalent records that are approved by a supervisor with firsthand knowledge of the work performed.

Condition: During testing of payroll transactions, it was noted that one employee out of eighteen tested charged to the federal award did not have a completed and approved timecard to support payroll costs for the period under review. As a result, the time and effort supporting payroll charges could not be verified.

Effect: Without proper time and effort documentation, there is insufficient support to verify that payroll charges to the federal award accurately reflect the time worked on the project. This may result in unallowable costs being charged to the award.

Questioned Cost: None

Cause: The Organization did not consistently enforce its policy requiring employees to complete and submit time cards for all federally funded payroll costs.

Recommendation: Management should ensure that all employees whose salaries are charged to federal awards complete and maintain appropriate time and effort documentation, such as signed time cards or certifications, in accordance with 2 CFR 200.430. Supervisors should review and approve these records regularly to verify the accuracy of payroll charges.

Response: Implement procedures to ensure supervisors’ approval of all federally funded timecards by a set deadline. HR will run a “missing timecard report” each pay cycle to ensure time cards are properly completed. Will conduct annual training on federal compliance requirements.