concerned citizens for a better algiers,...

CONCERNED CITIZENS FOR A BETTER ALGIERS, INC.

FINANCIAL STATEMENTS AND

AUDITOR'S REPORT

December 31,2014


TABLE OF CONTENTS

PAGE

INDEPENDENT AUDITOR'S REPORT 3

STATEMENT OF FINANCIAL POSITION 5

STATEMENT OF ACTIVITIES 6

STATEMENT OF CASH FLOWS 7

NOTES TO FINANCIAL STATEMENTS 8

SUPPLEMENTAL SCHEDULES

COMBINED STATEMENT OF ACTIVITIES AND CHANGES IN NET ASSETS 14

SCHEDULE OF EXPENDITURES OF FEDERAL AWARDS 16

SCHEDULE OF COMPENSATION, BENEFITS AND OTHER PAYMENTS TO AGENCY HEAD OR CHIEF EXECUTIVE OFFICER 17

INDEPENDENT AUDITOR'S REPORT ON INTERNAL CONTROL OVER FINANCIAL REPORTING AND ON COMPLIANCE AND OTHER MATTERS BASED ON AN AUDIT OF FINANCIAL STATEMENTS PERFORMED IN ACCORDANCE WITH GOVERNMENT AUDITING STANDARDS IS

INDEPENDENT AUDITOR'S REPORT ON COMPIANCE FOR EACH MAJOR PROGRAM AND ON INTERNAL CONTROL OVER COMPLIANCE REQUIRED BY 0MB CIRCULAR A-133 20

SCHEDULE OF FINDINGS AND QUESTIONED COSTS 22

3)u0tm |L|LCQ[. A LIMITED LIABILITY COMPANY

4769 ST. ROCH AVE. NEW ORLEANS, LOUISIANA 70122 TELEPHONE: (504) 288-0050

INDEPENDENT AUDITOR S REPORT

Board of Directors Concerned Citizens For A Better Algiers, Inc.

Report on the Financial Statements

We have audited the accompanying fmancial statements of Concerned Citizens For A Better Algiers, Inc. (a non-profit organization), which comprise the statement of the fmancial position as of December 31, 2014, and the related statements of activities and cash flows for the year then ended, and the related notes to the financial statements.

Management's Responsibility for the Financial Statements

Management is responsible for the preparation and fair presentation of these financial statements in accordance with accounting principles generally accepted in the United States of America; this includes the design, implementation, and maintenance of internal controls relevant to the preparation and fair presentation of fmancial statements that are free from material misstatement, whether due to fraud or error.

Auditor's Responsibility

Our responsibility is to express an opinion on these fmancial statements based on our audit. We conducted our audit in accordance with auditing standards generally accepted in the United States of America and the standards applicable to financial audits contained in Government Auditing Standards, issued by the Comptroller General of the United States. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the fmancial statements are free from material misstatement.

An audit involves performing procedures to obtain audit evidence about the amounts and disclosures in the fmancial statements. The procedures selected depend on the auditor's judgment, including the assessment of the risks of material misstatement of the financial statements, whether due to fraud or error. In making those risk assessments, the auditor considers internal control relevant to the entity's preparation and fair presentation of the financial statements in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the entity's internal control. Accordingly, we express no such opinion. An audit also includes evaluating the appropriateness of accounting policies used and the reasonableness of significant accounting estimates made by management, as well as evaluating the overall presentation of the fmancial statements.

We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our audit opinion.

Opinion

In our opinion, the financial statements referred to above present fairly, in all material respects, the fmancial position of Concerned Citizens For A Better Algiers, Inc. as of December 31, 2014, and the changes in its net assets and its cash flows for the year then ended in accordance with accounting principles generally accepted in the United States of America.

Report on Summarized Comparative Information

We have previously audited Concerned Citizens For A Better Algiers, Inc.'s 2013 fmancial statements, and we expressed an unmodified audit opinion on those audited financial statements in our report dated April 29, 2014. In our opinion, the summarized comparative information presented herein as of and for the year ended December 31, 2013, is consistent, in all material respects, with the audited fmancial statements from which it has been derived.

Other Matters Other Information

Our audit was conducted for the purpose of forming an opinion on the fmancial statements as a whole. The supplemental schedules listed in the table of contents are presented for purposes of additional analysis and is not a required part of the fmancial statements. The accompanying schedule of expenditures of federal awards, as required by Office of Management and Budget Circular A-133, "Audits of States, Local Governments, and Non-Profit Organizations," is presented for purposes of additional analysis and is not a required part of the fmancial statements. Such information is the responsibility of management and was derived from and relates directly to the underlying accounting and other records used to prepare the fmancial statements. The information has been subjected to the auditing procedures applied in the audit of the fmancial statements and certain additional procedures, including comparing and reconciling such information directly to the underlying accounting and other records used to prepare the fmancial statements or to the fmancial statement themselves, and other additional procedures in accordance with auditing standards generally accepted in the United States of America. In our opinion, the information is fairly stated in all material respects in relation to the fmancial statements as a whole.

Other Reporting Required by Government Auditing Standards

In accordance with Government Auditing Standards, we have also issued our report dated May 5, 2015, on our consideration of Concerned Citizens For A Better Algiers, Inc.'s internal control over fmancial reporting and on our tests of its compliance with certain provisions of laws, regulations, contracts, and grant agreements and other matters. The purpose of that report is to describe the scope of our testing of internal control over financial reporting and compliance and the results of that testing, and not to provide an opinion on internal control over fmancial reporting or on compliance. That report is an integral part of an audit performed in accordance with Government Auditing Standards in considering Concerned Citizens For A Better Algiers, Inc.'s internal control over fmancial reporting and compliance.

New Orleans, Louisiana May 5, 2015


STATEMENT OF FINANCIAL POSITION

December 31,2014

ASSETS

Cash

Receivable Grants (Notes A4 and B) Other

Prepaid expenses and deposits

Land, buildings, and equipmentat cost (Notes A5, C and D)

Total assets

$ 147,549

337,185 3,503

340,688

27,218

3.489.166

S 4.004.621

COMPARATIVE SUMMARIZED INFORMATION

December 31.2013

$ 448,720

266,204 2,794

268.998

32,639

3.222.626

$ 3.972.983

Notes payable (Note D)

Accounts payable and accrued liabilities

Total liabilities

Contingencies (Note G)

Net assets Unrestricted Temporarily restricted (Note E)

Total net assets

Total liabilities and net assets

LIABILITIES AND NET ASSETS

$ 52,552

61,947

114.499

46,966 3.843.156

3.890.122

$4.004.621

$ 109,378

67.780

177.158

274,853 3.520.972

3.795.825

$3,972,983

The accompanying notes are an integral part of this financial statement.

5


STATEMENT OF ACTIVITIES

For the year ended December 31, 2014

UNRESTRICTED TEMPORARILY

RESTRICTED TOTAL

SUMMARIZED COMPARATIVE INFORMATION

For the year

REVENUES Grant appropriations $ $ 1,128,588 $ 1,128,588 $ 1,466,755 Contributions 27,892 - 27,892 15,612 Other 41,189 269,393 310,582 264,977 Net assets released from restrictions 1.075.797 < 1.075.797> - -

TOTAL REVENUES 1.144,878 322.184 AAeim 1,747,344

EXPENSES Salaries 485,551 - 485,551 480,572 Fringe benefits 113,058 - 113,058 100,501 Travel 8,575 - 8,575 5,124 Insurance 107,480 - 107,480 78,339 Professional services 201,683 - 201,683 170,303 Occupancy 32,087 - 32,087 35,339 Telephone 13,926 - 13,926 14,353 Bank charges 1,314 - 1,314 1,343 Food 39,511 - 39,511 42,282 Supplies 102,725 - 102,725 62,118 Equipment 169,033 - 169,033 201,798 Trash removal 1,598 - 1,598 1,512 Vehicle expense 17,240 - 17,240 11,625 Interest 4,021 - 4,021 4,869 Other costs 6,368 - 6,368 25,369 Repairs and maintenance 68.595 - 68.595 72,106

TOTAL EXPENSES 1.372.765 _ 1,372.765 1,307,553

Increase in net assets 322,184 94,297 439,791

Net assets, beginning of year 274.853 3.520.972 3,795.825 3,356,034

Net assets, end of year $ 46.966 $ 3,843,156 $3,890,122 $ 3.795.825


6


STATEMENT OF CASH FLOWS

For the year ended December 31,2014

Increase in cash and cash equivalents

Cash flows from operating activities: Increase in net assets $ 94,297 Adjustments to reconcile increase in net assets to net

cash provided by operating activities: Depreciation 140,086

Changes in assets and liabilities: decrease in grants receivables < 70,981> decrease in other receivables < 709> decrease in prepaid expenses and deposits 5,421 Increase in accounts payable and accrued

liabilities < 5.833>

Net cash provided by operating activities 162.281

SUMMARIZED COMPARATIVE INFORMATION

For the year ended

December 31.2013

$ 439,791

123,718

< 59,993> 19,198

< I3,026>

22.376

532.064

Cash flows from investing activities: Acquisition of equipment Capitalization of building costs and real estate

Net cash provided by investing activities

Cash flows from financing activities: Payments on notes payable

Net cash provided by financing activities

Net increase in cash and cash equivalents

Cash and cash equivalents, beginning of year

Cash and cash equivalents, end of year

< 406.626>

448.720

$ 147.549

< 9.274>

489.943

$ 448.720

Cash flow information: Interest paid during the year $ 3.481



NOTES TO FINANCIAL STATEMENTS

December 31,2014

NOTE A - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

A summary of the significant accounting policies consistently applied in the preparation of the accompanying financial statements follows:

1. Nature of Activities

Concerned Citizens For A Better Algiers, Inc. is a non-profit corporation organized under the laws of the State of Louisiana. The corporation is organized to raise the economic, educational and social levels of the residents of the Algiers Community; and to foster and promote community-wide interest and concern for the problems of terminally ill residents.

2. Presentation of Financial Statements

The corporation's financial statements are presented in accordance with requirements established by the Financial Accounting Standards Board (FASB) Accounting Standards Codification (ASC) as set forth in the FASB ASC 958. Accordingly, the net assets of the corporation are classified to present the following classes: (a) unrestricted net assets, (b) temporarily restricted net assets, and (c) permanently restricted net assets.

Unrestricted Net Assets - Net assets that are not subject to donor-imposed stipulations.

Temporarily Restricted Net Assets - Net assets that are subject to donor-imposed stipulations that may or will be met either by actions of the corporation and/or the passage of time.

Permanently Restricted Net Assets - Net assets subject to donor-imposed stipulations that the corporation maintains them permanently. Generally, the donors of these assets permit the corporation to use all or part of the income earned on related investments for general or specific purposes. There were no permanently restricted net assets.

3. Revenue Recognition

For financial reporting, the corporation recognizes all contributed support as income in the period received. Contributed support is reported as unrestricted or restricted depending on the existence of donor stipulations that limit the use of the support. When a donor restriction expires, that is, when a stipulated time restriction ends or purpose restriction is accomplished, temporarily restricted net assets are reclassified to unrestricted net assets and reported in the statement of activity as "net assets released from restrictions".

Grant revenue is recognized as it is earned in accordance with approved contracts.

4. Receivables

The corporation considers accounts receivable to be fully collectible since the balance consists principally of payments due under governmental contracts. If amounts due become uncollectible, they will be charged to operations when that determination is made.

8


NOTES TO FINANCIAL STATEMENTS - CONTINUED

December 31,2014

NOTE A - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - CONTINUED

5. Building and equipment

Concerned Citizens For A Better Algiers, Inc. records property acquisitions at cost. Donated items are recorded at estimated value at date of donation. Depreciation is provided for in amounts sufficient to relate the costs of depreciable assets to operations over their estimated service lives, on a straight-line basis. Depreciation expense for the year ended December 31, 2014 totaled $140,086.

It is the policy of the corporation to capitalize all property, furniture, and equipment with an acquisition cost in excess of $5,000.

6. Cash equivalents

For the purpose of the statement of cash flows, the corporation considers all investments with original maturities of three months or less to be cash equivalents.

7. Estimates

The preparation of financial statements in conformity with generally accepted accounting principles requires management to make estimates and assumptions that affect certain reported amounts and disclosures. Accordingly, actual results could differ from those estimates.

8. Fair Values of Financial Investments

Cash and cash equivalents carrying amounts reported in the balance sheet approximate fair values because of the short maturities of those instruments.

9. Functional Allocation of Expenses

The expenses of providing the program and other activities have been summarized on a functional basis in the footnote of functional expenses. Certain of those expenses have been allocated among the program and supporting services benefited based on estimates by management of the costs involved.

10. Subsequent Events

The subsequent events of the corporation were evaluated through the date the financial statements were available to be issued (May 5, 2015).

11. Summarized Comparative Information

Summarized comparative information is presented only to assist with financial analysis. Data in those columns do not present financial position, results of operations or changes in net assets in conformity with generally accepted accounting principles. Neither is such data comparable to a consolidation.



December 31,2014

NOTE B - GRANTS RECEIVABLE

Grants Receivable at December 31, 2014 consist of the following:

Unity of Greater New Orleans, Inc. $ 3,846 City of New Orleans 333.339

$ 337.185

NOTE C - LAND, BUILDING, AND EQUIPMENT

Land, buildings and equipmentat December 31,2014 consists of the following:

Buildings $ 3,961,472 Transportation equipment 51,957 Equipment 4.065

4,017,494 Less accumulated depreciation < 1.054.427>

2,963,037 Construction-in-progress 307.512

3,270,579 Land 218.587

$ 3.489.166

NOTE D - NOTE PAYABLE

Note payable at December 31, 2014 consists of the following:

Note payable to financial institution, monthly payable of $1,256, including interest and principal, interest rate at 7.5%, due October 27, 2014. The note was paid as of the report date. $ 52.552

The notes payable are secured by real estate costing $1,665,310.

The interest expense for the year ended December 31, 2014 totaled $3,481.

NOTE E - TEMPORARILY RESTRICTED NET ASSETS

Temporarily restricted net assets consist of the following at December 31, 2014:

Insurance - restricted $ 27,498 Property and equipment 3,802,254 Ryan White 13.404

S 3.843.156

10



December 31,2014

NOTE F- FUNCTIONAL EXPENSES

Functional expenses for the year ended December 31, 2014 are as follows:

Program services Housing opportunities for people with AIDS $ 961,861 Rental program for the homeless 230.309

1.192.170 Supportive services

Management and general 180.595 S 1.372.765

NOTE G - CONTINGENCIES

During 2011, a lawsuit was filed by a former developer for $175,250 for a project that was terminated prior to its construction phase. The project was terminated due to lack of funding. Legal counsel believes the potential for loss is undeterminable at this time.

In 2012, an individual filed a 30 year acquisitive prescription suit against property owned by the organization. Legal counsel believes the potential for loss is undeterminable at this time.

NOTE H - INCOME TAXES

The corporation is exempt from corporate income taxes under Section 501(c)(3) of the Internal Revenue Code.

The corporation has adopted the provision of EASE ASC 740-10-25, which requires a tax position be recognized or derecognized based on a "more likely than not" threshold. This applies to positions taken or expected to be taken in a tax return. The corporation does not believe its financial statements include any uncertain tax positions. The Corporation's tax returns for the year ended December 31, 2013, 2012 and 2011 remain open and subject to examination by taxing authorities. The Corporation's tax return for the year ended December 31, 2014 has not yet been filed.

11

CONCERNED CITIZENS FOR A BETTER ALGIERS, INC,


December 31,2014

NOTE I - BOARD OF DIRECTORS COMPENSATION

The board of directors is a voluntary board; therefore, no compensation was paid to any member.

NOTE J - ECONOMIC DEPENDENCY

The corporation received the majority of its revenue from funds provided through grants administered by the City of New Orleans and other nonprofit entities. The grant amounts are appropriated each year by the federal government If significant budget cuts are made at the federal level, the amount of funds the organization receives could be reduced significantly and have an adverse impact on its operation. At the time of completion of the examination of the corporation's financial statements, management was not aware of any actions taken that would adversely affect the amount of funds the corporation will receive in the next fiscal year.

The corporation is supported primarily through government grants. Approximately 77% of the corporation's support for the year ended December 31,2014 came from these grants.

12

SUPPLEMENTAL SCHEDULES


COMBINED STATEMENT OF ACTIVITIES AND CHANGES IN NET ASSETS


UNITY OF GREATER RYAN

GENERAL HOPWA NEW ORLEANS, INC. HOME WHITE

REVENUES Grant appropriations $ 9,163 $ 842,720 $ 24,068 $ 171,637 $ 81,000 Other 69.081 13.937 _ 20 _

TOTAL REVENUES 78,244 856.657 24.068 171.657 81.000

EXPENSES Salaries 4,563 433,471 25,000 12,500 10,017 Fringe benefits 3,413 107,819 - 1,013 813 Travel 3,740 4,835 - - _ Insurance 6,635 52,503 - - _ Professional services 52,125 76,458 - 7,149 63,803 Occupancy 8,004 19,717 - - -Telephone 4,144 9,043 - - -Bank charges 14 1,300 - - -Food 4,574 34,937 - - _ Supplies 51,946 47,800 - - 2,074 Equipment 26,467 10,980 - - -Trash removal - 1,598 - - _ Vehicle expense 3,146 14,094 - - -Interest 711 - - - _ Other costs 1,549 3,054 - 850 -Repairs and maintenance 9.564 42.545 _ 960 _

TOTAL EXPENSES 180.595 860,154 25,000 22.472 76.707

Increase in net assets < 102,351> < 3,497> 149,185 4,293

Transfer to/from general < 122,362> 3,497 932 117,933 -

Capitalization of construction costs - - -

Net assets, beginning of year 274.853 . _ 9.111

Net assets, end of year $ 46,966 $- - . $ 13.404

14


COMBINED STATEMENT OF ACTIVITIES AND CHANGES IN NET ASSETS - CONTINUED


INSURANCE RESTRICTED

REVENUES Grant appropriations Other

TOTAL REVENUES

EXPENSES Salaries Fringe benefits Travel Insurance Professional services Occupancy Telephone Bank charges Food Supplies Equipment Trash removal Vehicle expense Interest Other costs Repairs and maintenance

TOTAL EXPENSES

Increase in net assets

Transfer to/from general

Capitalization of construction costs

Net assets, beginning of year

Net assets, end of year

27.498

PROPERTY AND

EOUIPMENT

255.436 255.436

48,342 2,148 4,366 739

905 131,586

3,310 915

15.526

47,599

TOTAL

$ 1,128,588 338.474

1.467.062

485,551 113,058 8,575

107,480 201,683 32,087 13,926 1,314

39,511 102,725 169,033

1,598 17,240 4,021 6,368

68.595 1.372.765

94,297

$ 27,498

270,292

3.484.363

$3.802.254 $ 3.890.122

15


SCHEDULE OF EXPENDITURES OF FEDERAL AWARDS


PROGRAM TITLE

GRANTOR PASS THROUGH CONTRACT NO.

FEDERAL CFDA

NUMBER

TOTAL FEDERAL

EXPENDITURES

U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT

Funds passed through City of New Orleans: Housing Opportunities For People with Aids Audit

HOME Investment Partnership Program

Funds passed through Unity of Greater New Orleans, Inc.: Supportive Housing Program Supportive Housing Program

TOTAL U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT

U. S. DEPARTMENT OF HEALTH AND AND HUMAN SERVICES

Funds passed through City of New Orleans Ryan W. White Title I

TOTAL U. S. DEPARTMENT OF HEALTH AND HUMAN SERVICES

Total Federal Awards

HOPWA-021C

HOME 2011-003 HOME 2014-002

LA0068B6H031306 LA0068L6H031205

14.241 14.219

14.239 14,239

14.235 14.235

93.118

$ 856,657 9,163

141,497 30,140

11,568 12.500

,061,525

76,707

76,707

NOTE TO SCHEDULE OF EXPENDITURES OF FEDERAL AWARDS 1. The Schedule of Expenditures of Federal Awards was prepared on the accrual basis of accounting.

16


SCHEDULE OF COMPENSATION, BENEFITS AND OTHER PAYMENTS TO AGENCY HEAD OR CHIEF EXECUTIVE OFFICER


Agency Head Name: Roberta B. Brown

Purpose Amount

Compensation $ 114,000

Conferences and meetings 127

Vehicle expense - gasoline 138

Reimbursements - lawn supplies 71

Reimbursements - repairs and maintenances 365

Reimbursements - household supplies 674

Reimbursements - building supplies 98

Reimbursements - food expense 500

17

Justin ^tnnlnn^ A LIMITED LIABILITY COMPANY


INDEPENDENT AUDITOR'S REPORT ON INTERNAL CONTROL OVER FINANCIAL REPORTING AND ON COMPLIANCE AND OTHER MATTERS

BASED ON AN AUDIT OF FINANCIAL STATEMENTS PERFORMED IN ACCORDANCE WITH GOVERNMENT AUDITING STANDARDS


We have audited, in accordance with the auditing standards generally accepted in the United States of America and the standards applicable to fmancial audits contained in Government Auditing Standards issued by the Comptroller General of the United States, the financial statements of Concerned Citizens For A Better Algiers, Inc. (non-profit organization), which comprise the statement of financial position as of December 31, 2014, and the related statements of activities, and cash flows for the year then ended, and the related notes to the financial statements, and have issued our report thereon dated May 5, 2015.

Internal Control Over Financial Reporting

In planning and performing our audit of the financial statements, we considered Concerned Citizens For A Better Algiers, Inc.'s internal control over financial reporting (internal control) to determine the audit procedures that are appropriate in the circumstances for the purpose of expressing our opinion on the financial statements, but not for the purpose of expressing an opinion on the effectiveness of Concerned Citizens For A Better Algiers, Inc.'s internal control. Accordingly, we do not express an opinion on the effectiveness of the Organization's internal control.

A deficiency in internal control exists when the design or operation of a control does not allow management or employees, in the normal course of performing their assigned functions, to prevent, or detect and correct, misstatements on a timely basis. A material weakness is a deficiency, or a combination of deficiencies, in internal control, such that there is a reasonable possibility that a material misstatement of the entity's financial statements will not be prevented, or detected and corrected on a timely basis. A significant deficiency is a deficiency, or a combination of deficiencies, in internal control that is less severe than a material weakness, yet important enough to merit attention by those charged with governance.

Our consideration of internal control was for the limited purpose described in the first paragraph of this section and was not designed to identify all deficiencies in internal control that might be material weaknesses or significant deficiencies. Given these limitations, during our audit we did not identify any deficiencies in internal control that we consider to be material weaknesses. However, material weaknesses may exist that have not been identified.

18

Compliance and Other Matters

As part of obtaining reasonable assurance about whether Concerned Citizens For A Better Algiers, Inc.'s financial statements are free of material misstatement, we performed tests of its compliance with certain provisions of laws, regulations, contracts and grant agreements, noncompliance with which could have a direct and material effect on the determination of financial statement amounts. However, providing an opinion on compliance with those provisions was not an objective of our audit, and accordingly, we do not express such an opinion. The results of our tests disclosed no instances of noncompliance, or other matters that are required to be reported under Government Auditing Standards.

Purpose of this Report

The purpose of this report is solely to describe the scope of our testing of internal control and compliance and the results of that testing, and not to provide an opinion on the effectiveness of the organization's internal control or on compliance. This report is an integral part of an audit performed in accordance with Government Auditing Standards in considering the organization's internal control and compliance. Accordingly, this communication is not suitable for any other purpose. Under Louisiana Revised Statue 24:513, this report is distributed by the Legislative Auditor as a public document.

New Orleans, Louisiana May 5, 2015

19

Justin 3). Iranian, A LIMITED LIABILITY COMPANY


INDEPENDENT AUDITOR S REPORT ON COMPLIANCE FOR EACH MAJOR PROGRAM AND ON INTERNAL CONTROL OVER

COMPLIANCE IN REQUIRED BY OMR CIRCULAR A-133


Report on Compliance for Each Major Federal Program

We have audited Concerned Citizens For A Better Algiers, Inc.'s compliance with the types of compliance requirements described in the 0MB Circular A-133 Compliance Supplement that could have a direct and material effect on each of Concerned Citizens For A Better Algiers, Inc.'s major federal programs for the year ended December 31, 2014. Concerned Citizens For A Better Algiers, Inc.'s major federal programs are identified in the summary of auditor's results section of the accompanying schedule of fmdings and questioned costs.

Management's Responsibility

Management is responsible for compliance with the requirements of laws, regulations, contracts, and grants applicable to its federal programs.

Auditor's Responsibility

Our responsibility is to express an opinion on compliance for each of Concerned Citizens For A Better Algiers, Inc.'s major federal programs based on our audit of the types of compliance requirements referred to above. We conducted our audit of compliance in accordance with auditing standards generally accepted in the United States of America; the standards applicable to financial audits contained in Government Auditing Standards, issued by the Comptroller General of the United States; and 0MB Circular A-133, Audits of States, Local Governments, and Non-Profit Organizations. Those standards and 0MB Circular A-133 required that we plan and perform the audit to obtain reasonable assurance about whether noncompliance with the types of compliance requirements referred to above that could have a direct and material effect on a major federal program occurred. An audit includes examining, on a test basis, evidence about Concerned Citizens For A Better Algiers, Inc.'s compliance with those requirements and performing such other procedures as we considered necessary in he circumstances.

We believe that our audit provides a reasonable basis for our opinion on compliance for each major federal program. However, our audit does not provide a legal determination of Concerned Citizens For A Better Algiers, Inc.'s compliance.

20

Opinion on Each Major Federal Program

In our opinion, Concerned Citizens For A Better Algiers, Inc. complied, in all material respects, with the types of compliance requirements referred to above that could have a direct and material effect on each of its major federal programs for the year ended December 31, 2014.

Report on Internal Control Over Compliance

Management of Concerned Citizens For A Better Algiers, Inc. is responsible for establishing and maintaining effective internal control over compliance with the types of compliance requirements referred to above. In planning and performing our audit of compliance, we considered Concerned Citizens For A Better Algiers, Inc.'s internal control over compliance with the types of requirements that could have a direct and material effect on each major federal program to determine the auditing procedures that are appropriate to the circumstances for the purpose of expressing an opinion on compliance for each major federal program and to test and report on internal control over compliance in accordance with 0MB Circular A-133, but not for the purpose of expressing an opinion on the effectiveness of internal control over compliance. Accordingly, we do not express an opinion on the effectiveness of Concerned Citizens For A Better Algiers, Inc.'s internal control over compliance.

A deficiency in internal control over compliance exists when the design or operation of a control over compliance does not allow management or employees, in the normal course of performing their assigned functions, to prevent, or detect and correct, noncompliance with a type of compliance requirement of a federal program on a timely basis. A material weakness in internal control over compliance is a deficiency, or combination of deficiencies, in internal control over compliance, such that there is a reasonable possibility that material noncompliance with a type of compliance requirement of a federal program will not be prevented, or detected and corrected, on a timely basis. A significant deficiency in internal control over compliance is a deficiency, or a combination of deficiencies, in internal control over compliance with a type of compliance requirement of a federal program that is less severe than a material weakness in internal control over compliance, yet important enough to merit attention by those charged with governance.

Our consideration of internal control over compliance was for the limited purpose described in the first paragraph of this section and was not designed to identify all deficiencies in internal control over compliance that might be material weaknesses or significant deficiencies. We did not identify any deficiencies in internal control over compliance that we consider to be material weaknesses. However, material weaknesses may exist that have not been identified.

Purpose of this Report

The purpose of this report on internal control over compliance is solely to describe the scope of our testing of internal control over compliance and the results of that testing based on the requirements of 0MB Circular A-133. Accordingly, this report is not suitable for any other purpose. Under Louisiana Revised Statue 24:513, this report is distributed by the Legislative Auditor as a public document.

New Orleans, Louisiana May 5,2015

21


SCHEDULE OF FINDINGS AND QUESTIONED COSTS


A. SUMMARY OF AUDITOR^S RESULTS

Financial Statements

Type of auditor's report issued

Internal control over financial reporting:

• Material weakness(es) identified? • Significant deficiency(ies) identified?

Noncompliance material to financial statements noted?

Federal Awards

Internal control over major programs:

• Material weakness(es) identified? • Significant deficiency(ies) identified?

J/QS

_yes jyes

_yes _yes

Unmodified

X no X none reported X no

X no X none reported

Type of auditor's report issued on compliance for major programs:

Any audit findings disclosed that are requried to be reported in accordance with Section 510(a) of 0MB Circular A-133? yes

Identification of major programs:

CFDA Number(s)

14.241

Unmodified

X no

Name of Federal Program or Cluster

U. S. Department of Housing and Urban Development Passed through City of New Orleans:

Housing Opportunities for People with Aids

Dollar threshold used to distinguish between type A and B programs: $300,000

Auditee qualified as low-risk auditee? ves X no

22


SCHEDULE OF FINDINGS AND QUESTIONED COSTS - CONTINUED


B. FINANCIAL STATEMENT FINDINGS

There were no findings related to the financial statements for the year ended December 31,2014.

C. FEDERAL AWARD FINDINGS AND OUESTIONED COSTS

There were no items identified in the course of our testing during the current year required to be reported.

D. STATUS OF PRIOR YEAR AUDIT FINDINGS

There were no prior year audit fmdings.

23

concerned citizens for a better algiers,...

Documents