MY HOUSE, INC. NEW ORLEANS, LOUISIANA ANNUAL FINANCIAL REPORT DECEMBER 31, 2004

Transcription

1 !F MY HOUSE, INC. NEW ORLEANS, LOUISIANA ANNUAL FINANCIAL REPORT DECEMBER 31, 2004 Under prvisins f state law, this reprt is a public dcument. Acpy f the reprt has been submitted t the entity and therapprpriate public fficials. The reprt is available fr public inspectin at the Batn Ruge ffice f the Legislative Auditr and, where apprpriate, at the ffice f the parish clerk f curt. Release Date 7~/3 -O5"

2 ANNUAL FINANCIAL REPORT TABLE OF NTENTS DECEMBER 31, 2004 PAGE Independent Auditrs' Reprt 1-2 Financial Statements Statement f Financial Psitin 3 Statement f Activities 4 Statement f Functinal Expenses 5 Statement f Cash Flws 6 Ntes t Financial Statements 7-10 Other Supplementary Infrmatin 11 Schedule f Expenditures f Federal Awards 12 Schedule f Findings and Questined Csts 13 Other Reprts Required by GAS and OMB Circular A Reprt n Internal Cntrl Over Financial Reprting and n Cmpliance and Other Matters Based n an Audit f Financial Statements Perfrmed in Accrdance with Gvernment Auditing Standards 15 Reprt n Cmpliance with Requirements Applicable t Each Majr Prgram and Internal Cntrl Over Cmpliance in Accrdance with OMB Circular A

3 HFB HUGH F. BAXLEY, CPA A Prfessinal Accunting Crpratin Hugh F Baxiev CPA/PFS/CVA Margaret A. Pritcharti. CPA INDEPENDENT AUDITORS' REPORT T the Officers and Bard f Directrs My Huse, Inc. New Orleans, Luisiana We have audited the accmpanying statement f financial psitin f My Huse, Inc. (a nnprfit rganizatin) as f December 31, 2004, and the related statements f activities, functinal expenses and cash flws fr the year then ended. These financial statements are the respnsibility f the management f My Huse, Inc. Our respnsibility is t express an pinin n these financial statements based n ur audit. We cnducted ur audit in accrdance with auditing standards generally accepted in the United States f America and the standards applicable t financial audits cntained in Gvernment Auditing Standards, issued by the Cmptrller General f the United States. Thse standards require that we plan and perfrm the audit t btain reasnable assurance abut whether the financial statements are free f material misstatement. An audit includes examining, n a test basis, evidence supprting the amunts and disclsures in the financial statements. An audit als includes assessing the accunting principles used and significant estimates made by management, as well as evaluating the verall financial statement presentatin. We believe that ur audit prvides a reasnable basis fr ur pinin. In ur pinin, the financial statements referred t abve present fairly, in all material respects, the financial psitin f My Huse, Inc. as f December 31, 2004, and the changes in its net assets, and its cash flws, in cnfrmity with accunting principles generally accepted in the United States f America. In accrdance with Gvernment Auditing Standards, we have als issued ur reprt dated June 14, 2005 n ur cnsideratin f My Huse, Inc.'s internal cntrl ver financial reprting and ur tests f its cmpliance with certain prvisins f laws, regulatins, cntracts and grants. The purpse f that reprt is t describe the scpe f ur testing f internal cntrl ver financial reprting and cmpliance and the results f that testing and nt t prvide an pinin n the internal cntrl ver financial reprting r n cmpliance. That reprt is an integral part f an audit perfrmed in accrdance with Gvernment Auditing Standards and shuld be cnsidered in assessing the results f ur audit. P. 0. Bx 482 / Belleview Dnve / Plaquemme, Luisiana "0765^82 / (225) 68~-6630 / FAX (225) 6S--0565

4 INDEPENDENT AUDITORS' REPORT, cnt. Our audit was made fr the purpse f frming an pinin n the basic financial statements taken as a whle. The accmpanying schedule f expenditures f federal awards is presented fr purpses f additinal analysis as required by U. S. Office f management and Circular A- 133, Audits f States, Lcal Gvernments, and Nn-Prfit Organizatins, and is nt a required part f the basic financial statements. Such infrmatin has been subjected t the auditing prcedures applied in the audit f the basic financial statements and, in ur pinin, is fairly stated, in all/material respects, in relatin t the basic financial statements taken as a whle. Pla^uefrhine, Luisian^i JuneM, 2005

5 NEW ORLEANS, LOUISIANA STATEMENT OF FINANCIAL POSITION DECEMBER 31, 2004 ASSETS Current assets: Cash Accunts receivable Prperty and equipment: Land Building Furniture & fixtures Machinery & equipment Ttal current assets Less accumulated depreciatin Net prperty and equipment TOTAL ASSETS LIABILITIES AND NET ASSETS Current liabilities: Accunts payable Federal withhldings State incme tax withhldings Cmpensated absences Ttal current liabilities Lng-term liabilities: Lan frm Brwn Fundatin Line f credit Unrestricted net assets Ttal lng-term liabilities Ttal liabilities TOTAL LIABILITIES AND NET ASSETS 64,281 45, ,694 43, ,815 4,450 47, ,851 (300,825) 194,026 $ 303,720 1,936 1,897 1,572 5,111 10,516 28,000 24,796 52,796 63, ,408 $ 303,720 The accmpanying ntes are an integral part f this statement.

6 NEW ORLEANS, LOUISIANA STATEMENT OF ACTIVITIES FOR THE YEAR ENDED DECEMBER 31, 2004 UNRESTRICTED NET ASSETS Unrestricted revenues and gains Grants $ 578,835 Cntributins 28,336 Fundraiser 9,820 Investment incme 30 Prgram incme 12,917 Other incme 3,589 TOTAL UNRESTRICTED REVENUES AND GAINS 633,527 Expenses Prgram services Cmmunity Science Wrkshp 51,651 Teen Pregnancy Preventin 85,956 21st Century 254,477 Cmmunity Develpment Blck Grant 40,254 Temprary Assistance fr Needy Families 142,118 Supprting services Management and general 56,598 Fundraising 970 TOTAL EXPENSES 632,024 INCREASE IN UNRESTRICTED NET ASSETS 1,503 TEMPORARILY RESTRICTED NET ASSETS Cntributins Arts Cuncil f New Orleans 2,596 Net assets released frm restrictins Restrictins satisfied by purchase f art supplies (2,596) INCREASE (DECREASE) IN TEMPORARILY RESTRICTED NET ASSETS -_ INCREASE IN NET ASSETS 1,503 NET ASSETS AT BEGINNING OF YEAR 238,905 NET ASSETS AT END OF YEAR $ 240,408

7 2 " H,_ T ^ in ^m T- O CSv-^-in'^OTO i-o^rco^-r-r int-cmt-cdf-t-mcqcci T-ctc r^-i-r^-ccn-cc T- T- T- T- O Tf ^~ 01 I s - in T-" " ^ " LU O K UJ i > c '«.f 'c LL Q, w ' Cl O W z QC. O Q. Q. * E 2 00 c <D q- O) in in c" _ T ~ C3JOt-O> 'r- '^- ' h-n- in ^ OI^_ ^-_ m cn_ T- ^ cn -^- m T-" i~" c" in c" c" O ' t^c" 00 cn in c" in (/> g 1 >* 0) -^ b U -Q O ^ rt\ -^ ^i QJ -~* 9-.«z E C W i_ m O LL [_ < *- W 0) te- ' q ' Ol Ol t "~ LOi-l^- 'T-aicOcO ' ' *rcdt-cq i-ocl m^t-^r T-TmaicM r- r-t- T-T- T-T- ^» 00 ^ <-_ T (A c 0) p1_ "t (O z,-" ua n 6 - < 5 - q a O D Z Z O < 3 T UJ U. >- E 5z UJ UJ z 5 t LL. UJ > cc UJ 1 Q. 2" "m "c 'C 2 =. ^ -2 ^. E O > O 0 ^ m ct </t 3 *- c O &,- c -.= 8 I S 1 i i Q~ Q_ i" Q. = 0 5 c 01 E ^ t > > O 00 " (/> cn 00 " Ol c" (A- 00 " t ^ ^ r- ^ r- m r-" *-" " O c" 01 *-" " T T T m " 1 i^~ 'c ' f*- 'iiin ' ' ci- r*- T-r^-Tt-cm f- v-cnc ^" ^r" T-inccM'c'i^-'O 1 ' ' cnci -ti c c ^ mc f^-^" ^~ c " v-" c" " " s-" r~ C D ' C D t n ' r ^ c O ' T - c t n 1 r- r-t mct- 01 I s - ^" c r*- c 01 " t" T-" " ctin-^-mcc 'c 'mc ' h-cdt-cdtj-cdc m cr-- TT c m i ^r m 0101 r-" r-" T-" ^-" ', i c T? " 1 in" TT in O r- 01 c-" " i i i ^. in " CA in t" &^ T in _ in w " tt Q. "r Ol _ "c c t t c Ol c Q. E -C 1 tn c cn Salaries Emplyee b Payrll taxe; ^,0) ntal & maintenance Prfess in a Telephne Olfice suppl Equipment r 2 ". Q. 01 paratin supplies pen sat in P E Educatinal Fd and pi Wrkers ci "c E a Staff devel Janitrial Insurance Utilities xpense cu 3 5 r?.g S (/) 1= ;? 1 1 I 11 ll Q. u_ O Q 2

8 NEW ORLEANS, LOUISIANA STATEMENT OF CASH FLOWS FOR THE YEAR ENDED DECEMBER 31, 2004 Unrestricted CASH FLOWS FROM OPERATING ACTIVITIES Changes in net assets $ 1,503 Adjustment t recncile excess (deficiency) f supprt and revenues ver expenses t net cash prvided by perating activities: Depreciatin 21,704 Changes in assets and liabilities: (Increase) in accunts receivable 28,227 Increase in accunts payable 872 Increase in payrll withhldings and accruals (3,512) Increase in cmpensated absences 1,051 NET CASH PROVIDED (USED) IN OPERATING ACTIVITIES 49,845 CASH FLOWS PROVIDED FROM FINANCING ACTIVITIES Payments n lng term liabilities (9,604) NET CASH PROVIDED FROM FINANCING ACTIVITIES (9,604) NET DECREASE IN CASH AND CASH EQUIVALENTS 40,241 CASH AND CASH EQUIVALENTS AT BEGINNING OF YEAR 24,040 CASH AND CASH EQUIVALENTS AT END OF YEAR $ 64,281 The accmpanying ntes are an integral part f this statement.

9 NOTES TO FINANCIAL STATEMENTS FOR THE YEAR ENDED DECEMBER 31, 2004 NOTE A: SIGNIFICANT ACUNTING POLICIES Operatin My Huse, Inc. is a nn-prfit crpratin which prvides prgrams that prmte the intellectual and emtinal grwth f children, yuth and adults. It serves inner-city yuth and families ver 80% f which are frm extremely lw incme hmes and have female heads f husehld. Prgrams include after-schl hmewrk assistance, cultural enrichment activities, individual tutring, teen pregnancy preventin classes, individual and grup cunseling and psychlgical and educatinal assessment services, summer camps and family cmmunity days spnsred t prmte family and neighbrhd bnds. Financial Statement Presentatin The Organizatin has adpted Statement f Financial Accunting Standards (SFAS) N. 117, Financial Statements f Nt-fr-prfit Organizatins. Under SFAS N. 117, the Organizatin is required t reprt infrmatin regarding its financial psitin and activities accrding t three classes f net assets; unrestricted net assets, temprarily restricted net assets, and permanently restricted net assets. In additin, the Organizatin is required t present a statement f cash flws. At present, all f the Organizatins funds are included in the Unrestricted categry. Shuld the Organizatin receive funds that are dnr restricted r shuld the Bard f Directrs decide t make sme funds restricted, they wuld be classified as required by the Statement. Prperty and Equipment Prperty and equipment are carried at cst. Depreciatin is cmputed using straight-line and accelerated methds. When assets are retired r therwise dispsed f, the cst and related accumulated depreciatin are remved frm the accunts, and any resulting gain r lss is reflected in incme fr the perid. The cst f maintenance and repairs is charged t incme as incurred; significant renewals and betterments are capitalized. The fair value f dnated prperty is similarly capitalized. Revenues Mst f the revenue is generated thrugh grants issued by Luisiana State spnsred prgrams.

10 NOTES TO FINANCIAL STATEMENTS FOR THE YEAR ENDED DECEMBER 31, 2004 NOTE A: SIGNIFICANT ACUNTING POLICIES (Cntinued) Estimates The preparatin f financial statements in cnfrmity with generally accepted accunting principles requires management t make estimates and assumptins that affect certain reprted amunts and disclsures. Accrdingly, actual results culd differ frm thse estimates. Allwance Fr Dubtful Accunts Since substantially all accunts receivable - trade are due frm gvernmental agencies, n allwance fr dubtful accunts is cnsidered necessary. Any billing adjustments needed are made in the year determined. Cash and Cash Equivalents Cash and cash equivalents cnsist f perating funds maintained in checking and perating accunts. Any investments in mney market accunts r certificates f depsit with maturities f three mnths r less wuld als be cnsidered cash and cash equivalents. Investments f lnger terms wuld be classified as investments. Cntributins The rganizatin has als adpted SFAS N. 116, "Accunting fr Cntributins Received and Cntributins Made." Cntributins received are recrded as unrestricted, temprarily restricted, r permanently restricted supprt depending n the existence r nature f any dnr restrictins. Cmpensated Absences At the time f resignatin, retirement r death an emplyee is entitled t be paid all accrued vacatin and sick hurs. The maximum amunt f vacatin that can be accrued is 80 hurs fr persns emplyed with My Huse fr less than 5 years and 120 hurs fr persns emplyed mre than 5 years. The maximum number f sick hurs that may be accrued is 48 annually.

11 NOTES TO FINANCIAL STATEMENTS FOR THE YEAR ENDED DECEMBER 31, 2004 NOTES: PROPERTY AND EQUIPMENT Prperty and equipment cnsist f the fllwing: Accumulated Depreciatin Net f Balance Balance Balance Accumulated 12/31/2003 Additins Deletins 12/31/ /31/2004 Depreciatin Land Building and imprvements Equipment, furniture and fixtures 43, , $ 43, ,815 52,101 (249,085) (51,740) 43, , $ $ 494,851 $ (300,825) $ Depreciatin expense charged t incme was $21,704 fr NOTE C: ACUNTS RECEIVABLE Grant - Cmmunity Science Wrkshp $ 6,398 Grant - Teen Pregnancy Preventin 1,637 Grant - Temprary Assistance t Needy Families 8,404 Grant-21st Century 22,010 Grant - Cmmunity Develpment Blck Grant 6,964 $ 45,413 NOTE D: NOTE PAYABLE On March 31, 2001, the Je W. and Drthy Brwn Fundatin made a lan f $30,000 t My Huse, Inc. The terms are 0% interest per annum with n maturity date. The balance f the nte at December 31, 2004 was $28,000.

12 NOTES TO FINANCIAL STATEMENTS FOR THE YEAR ENDED DECEMBER 31, 2004 NOTEE: INME TAXES The Organizatin is exempt frm federal incme tax under Sectin 501(c)(3) f the Internal Revenue Cde. In additin, the Organizatin qualified fr the charitable cntributin deductin under Sectin 170(b)(1)(A) and has been classified as an rganizatin that is nt a private fundatin under Sectin 0509(a)(2). NOTE F: ENOMIC DEPENDENCY The Organizatin receives a majrity f its revenue frm grants issued by the State f Luisiana which are apprpriated each year by the state gvernment. If significant budget cuts are effected at the state level, the amunt f the funds the Organizatin receives culd be reduced significantly and have an adverse impact n its peratins. Management is nt aware f any actins that will adversely affect the amunt f funds the Organizatin will receive in the next fiscal year. 10

13 OTHER SUPPLEMENTARY INFORMATION 11

14 NEW ORLEANS, LOUISIANA SCHEDULE OF EXPENDITURE OF FEDERAL AWARDS FOR THE YEAR ENDED DECEMBER 31, 2004 Federal Grantr Pass Thrugh Grantr Name / Direct Prgram Grant CFDA Prgram Title Perid Number Federal Expenditures Temprary Assistance fr Needy Families 9/15/03-8/30/04 9/1/04-8/31/ $ 103,779 38,339 Cmmunity Develpment Blck Grant - City f New Orleans 1/1/04-12/31/ ,254 Temprary Asst. fr Needy Families-Dept 10/1/03-8/31/ Scial Services-Teen Pregnancy Preventin 10/1/04-8/31/ ,332 10,624 LA 21st Century Cmmunity Learning Center Grant 9/1/03-10/31/05 9/1/04-8/31/ ,317 88,160 $ 522,805 Nte 1. Basis f Presentatin The accmpanying schedule f expenditures f federal awards includes the federal grant activity f My Huse, Inc. and is presented n the cash basis. The infrmatin in this schedule is presented in accrdance with the requirements f OMB Circular A-133, Audits f States, Lcal Gvernments, and Nn-prfit Organizatins. Therefre, sme amunts presented in this schedule may differ frm amunts presented in, r used in the preparatin f the general purpse financial statements. 12

15 SCHEDULE OF FINDINGS AND QUESTIONED STS YEAR ENDED DECEMBER 31, 2004 A. SUMMARY OF AUDIT RESULTS Financial Statements Type f auditr's reprt issued: unqualified Internal cntrl ver financial reprting: Material weaknesses identified? yes X n Reprtable cnditin identified that are nt cnsidered t be material weaknesses? yes X n Nncmpliance material t financial statements nted? yes X n Federal Awards Internal cntrl ver majr prgrams: Material weaknesses identified? yes X n Reprtable cnditins identified that are nt cnsidered t be material weaknesses? yes X nne reprted Type f auditr's reprt issued n cmpliance fr majr prgrams: unqualified Any audit findings disclsed that are nt required t be reprted in accrdance with sectin 501 (a) f Circular A-133? yes X n Identificatin f majr prgrams: CFDA Number(s): Name f Federal Prgram r Cluster: 21 st Century Cmmunity Learning Center Grant Dllar threshld used t distinguish between type A and type B prgrams: 3500,000 Auditee qualified as lw-risk auditee? X yes n 13

16 OTHER REPORTS REQUIRED BY GAS AND OMB CIRCULAR A

17 HFB HUGH F. BAXLEY. CPA A Prfessinal Accunting Crpratin Hugh F. Baxley. CPA/PFS/CVA Margaret A. Pntcharci. CPA REPORT ON INTERNAL NTROL OVER FINANCIAL REPORTING AND ON MPLIANCE AND OTHER MATTERS BASED ON AN AUDIT OF FINANCIAL STATEMENTS PERFORMED IN ACRDANCE WITH GOVERNMENT AUDITING STANDARDS T the Officers and Bard f Directrs My Huse, Inc. We have audited the financial statements f My Huse, Inc. (a nn-prfit rganizatin) as f and fr the year ended December 31, 2004, and have issued ur reprt theren dated June 14, We cnducted ur audit in accrdance with auditing standards generally accepted in the United States f America and the standards applicable t financial audits cntained in Gvernment Auditing Standards, issued by the Cmptrller General f the United States. Internal Cntrl Over Financial Reprting In planning and perfrming ur audit, we cnsidered My Huse, Inc.'s internal cntrl ver financial reprting in rder t determine ur auditing prcedures fr the purpse f expressing ur pinin n the financial statements and nt t prvide assurance n the internal cntrl ver financial reprting. Our cnsideratin f the internal cntrl ver financial reprting wuld nt necessarily disclse all matters in the internal cntrl ver financial reprting that might be material weaknesses. A material weakness is a cnditin in which the design r peratin f ne r mre f the internal cntrl cmpnents des nt reduce t a relatively lw level the risk that misstatements caused by errr r fraud in amunts that wuld be material in relatin t the financial statements being audited may ccur and nt be detected within a timely perid by emplyees in the nrmal curse f perfrming their assigned functins. We nted n matters invlving the internal cntrl ver financial reprting and its peratin that we cnsider t be material weaknesses. Cmpliance and Other Matters As part f btaining reasnable assurance abut whether My Huse, Inc.'s general purpse financial statements are free f material misstatement, we perfrmed tests f its cmpliance with certain prvisins f laws, regulatins, cntracts, and grant agreements, nncmpliance with which culd have a direct and material effect n the determinatin f financial statements amunts. Hwever, prviding an pinin n cmpliance with thse prvisins was nt an bjective f ur audit, and accrdingly, we d nt express such an pinin. The results f ur tests disclsed n instances f nncmpliance r ther matters that are required t be reprted under Gvernment Auditing Standards. This reprt is intended slely fr the infrmatin and use f management and federal awarding agencies and pass-thrugr/entities and is nt intended t be and shuld nt be used by anyne ther than these specified parties'. Under Luisiana Revised Statute 24:513, this reprt is distributed by the Legislative Auditr as<a public dcument. Plaquernme, Lui June P.O. Bx 482 / Bellcvieic Drive / Plaquemine. Luisiana ~0~ / (225) 68~-6630 / FAX (225} 68~-0365

18 HFB HUGH F. BAXLEY. CPA A Prfessinal Accunting Crpratin Hugh F. Baxley. CPA/PFS/CVA Margaret A. Pritchard. CPA T the Officers and Bard f Directrs My Huse, Inc. New Orleans, Luisiana REPORT ON MPLIANCE WITH REQUIREMENTS APPLICABLE TO EACH MAJOR PROGRAM AND INTERNAL NTROL OVER MPLIANCE IN ACRDANCE WITH OMB CIRCULAR A- 133 Cmpliance We have audited the cmpliance f My Huse, Inc. with the types f cmpliance requirements described in the US. Office f Management and Budget (OMB) Circular A-133 Cmpliance Supplement that are applicable t each f its majr federal prgrams fr the year ended December 31, My Huse, Inc.'s majr federal prgrams are identified in the summary f auditr's results sectin f the accmpanying schedule f findings and questined csts. Cmpliance with the requirements f laws, regulatins, cntracts and grants applicable t each f its majr federal prgrams is the respnsibility f My Huse, Inc.'s management. Our respnsibility is t express an pinin n My Huse, Inc.'s cmpliance based n ur audit. We cnducted ur audit f cmpliance in accrdance with auditing standards generally accepted in the United States f America; the standards applicable t financial audits cntained in Gvernment Auditing Standards, issued by the Cmptrller General f the United States; and OMB Circular A-133, Audits f States, Lcal Gvernments, and Nn-Prfit Organizatins. Thse standards and OMB Circular A-133 require that we plan and perfrm the audit t btain reasnable assurance abut whether nncmpliance with the types f cmpliance requirements referred t abve that culd have a direct and material effect n a majr federal prgram ccurred. An audit includes examining, n a test basis, evidence abut My Huse, Inc.'s cmpliance with thse requirements and perfrming such ther prcedures as we cnsidered necessary in the circumstances. We believe that ur audit prvides a reasnable basis fr ur pinin. Our audit des nt prvide a legal determinatin n My Huse, Inc.'s cmpliance with thse requirements. In ur pinin, My Huse, Inc. cmplied, in all material respects, with the requirements referred t abve that are applicable t each f its majr federal prgrams fr the year ended December 31, Hwever, the results f ur auditing prcedures disclsed n instances f nncmpliance with thse requirements that are required t be reprted in accrdance with OMB Circular A P.O. Bx 482/58225 BeUeview Drive / Plaquemine, Luisiana '0^ / (225) 68~-6630 / FAX (225) 68~-0365

19 REPORT ON MPLIANCE WITH REQUIREMENTS APPLICABLE TO EACH MAJOR PROGRAM AND INTERNAL NTROL OVER MPLIANCE IN ACRDANCE WITH OMB CIRCULAR A- 133 (cntinued) Internal Cntrl Over Cmpliance The management f My Huse, Inc. is respnsible fr establishing and maintaining effective internal cntrl ver cmpliance with requirements f laws, regulatins, cntracts and grants applicable t federal prgrams. In planning and perfrming ur audit, we cnsidered My Huse, Inc.'s internal cntrl ver cmpliance with requirements that culd have a direct and material effect n a majr federal prgram in rder t determine ur auditing prcedures fr the purpse f expressing ur pinin n cmpliance and t test and reprt n internal cntrl ver cmpliance in accrdance with OMB Circular A-133. Our cnsideratin f the internal cntrl ver cmpliance wuld nt necessarily disclse all matters in the internal cntrl that might be material weaknesses. A material weakness is a cnditin in which the design r peratin f ne r mre f the internal cntrl cmpnents des nt reduce t a relatively lw level the risk that nncmpliance with applicable requirements f laws, regulatin, cntracts and grants cause by errr r fraud that wuld be material in relatin t majr federal prgram being audited may ccur and nt be detected within a timely perid by emplyees in the nrmal curse f perfrming their assigned functins. We nted n matters invlving the internal cntrl ver cmpliance and its peratin that we cnsider t be material weaknesses. This reprt is intended slely fr the infrmatin and use f management and federal awarding agencies and pass-thrugh entities and is nt intended t be and shuld nt be used by anyne ther than these specified?f5afii< 17