Private Organization Accreditation

Debt Education and Certification Foundation (DECAF), a private non-profit 501(c)(3) organization, provides high-quality financial education and counseling, with nationwide outreach throughout the U.S. DECAF is HUD-approved, and recognized as one of the 100 Best Companies to Work for in Texas.


Joint Base Charleston School Age Program

Paula B. Matthews, School Age Program Coordinator

Preparing for our after school accreditation was an awesome and very valuable learning experience for the Child and Youth Professionals at Charleston Air Force Base. Becoming familiar with and understanding the After School standards was a breeze because of the training webinars and the great customer service we received from all of the COA staff. Thank you for supporting our military families.
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The nonprofit organization’s financial accountability and viability are achieved through the application of sound financial management practices that accord with legal and regulatory requirements.

FIN 2: Internal Control Environment

The organization establishes an internal control environment that promotes ethical financial management and includes mechanisms for: 
  1. review and oversight by the governing body’s audit committee; 
  2. conducting ongoing monitoring of the effectiveness of internal control policies and procedures; 
  3. management review by more than one individual; 
  4. assuring that management directives are carried out
  5. prevention of error, mismanagement, or fraud; 
  6. safeguarding and verification of assets; 
  7. segregation of duties to the extent possible; and
  8. governing body or designated committee approval of unanticipated financial transactions that have a significant impact.

Rating Indicators
The organization's practices reflect full implementation of the standard.
Practices are basically sound but there is room for improvement; e.g.,
  • Two of the elements are not fully addressed.
Practice requires significant improvement; e.g.,
  • Three elements are not fully addressed or one element is not addressed at all; or
  • An internal control manual is not present, but procedures loosely exist for some of the elements.
Implementation of the standard is minimal or there is no evidence of implementation at all; e.g.,
  • Fraudulent practices or serious financial mismanagement has occurred have occurred, and problems have not been remediated; or
  • Four or more elements are not fully addressed, or at least two elements are not addressed at all.

Table of Evidence

Self-Study Evidence On-Site Evidence On-Site Activities
    • Internal financial control policies and procedures
    • Governing body/audit committee minutes
    • Interview:
      1. Governing body audit and finance committee members
      2. CEO/CFO
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