Audit 22662

FY End
2022-12-31
Total Expended
$4.22M
Findings
4
Programs
17
Year: 2022 Accepted: 2023-06-08
Auditor: Rsm US LLP

Organization Exclusion Status:

Checking exclusion status...

Findings

ID Ref Severity Repeat Requirement
21719 2022-001 Significant Deficiency - L
21720 2022-002 Significant Deficiency - I
598161 2022-001 Significant Deficiency - L
598162 2022-002 Significant Deficiency - I

Contacts

Name Title Type
JZWRG5JGXS61 John S. Gilbert Auditee
7035256300 Bob Billig Auditor
No contacts on file

Notes to SEFA

Title: Basis of Presentation Accounting Policies: Expenditures reported on the Schedule are reported on the accrual basis of accounting. Such expenditures are recognized following the cost principles contained in the Uniform Guidance, wherein certain types of expenditures are not allowable or are limited as to reimbursement. Pass-through entity identifying numbers are presented where available. De Minimis Rate Used: N Rate Explanation: The Fund has not elected to use the 10% de minimis indirect cost rate allowed under the Uniform Guidance. The accompanying schedule of expenditures of federal awards (the Schedule) includes the federal award activity of the standalone entity of The Conservation Fund, a Nonprofit Corporation (the Fund) under programs of the federal government for the year ended December 31, 2022. The information in the Schedule is presented in accordance with the requirements of Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (the Uniform Guidance). Because the Schedule presents only a selected portion of the operations of the Fund, it is not intended to and does not present the financial position, changes in net assets or cash flows of the Fund.

Finding Details

Significant Deficiency Finding 2022-001: Reporting Identification of federal program: Program Title: Agriculture Research Basic and Applied Research Assistance Listing Number: 10.001 Award Identification: CA 59-8082-0-001 Federal Agency: U.S. Department of Agriculture, Agriculture Research Service Criteria or Specific Requirement: As described in the Fund?s award with the U.S. Department of Agriculture?s, Agriculture Research Service, the Fund is required to submit annual and final financial and performance reports as required by 2 CRF 200. The annual federal financial report (FFR) (SF-425) shall be submitted no later than 90 days after the end of each reporting period. Final federal financial report shall be submitted no later than 90 days after the project or grant period end date. Condition: In testing compliance over reporting, we noted that the annual federal financial report (FFR) (SF-425) was not submitted timely. The annual SF-425 for the reporting period ending March 31, 2022, was submitted on March 14, 2023, which was more than 90 days after the end of the reporting period. Cause: There was turnover in accounting and program staff during the grant period. This resulted in delays in timely financial report submission. Effect: In accordance with 2 CRF 200, section 200.328, the Fund should implement procedures and policies for monitoring and reporting on financial and program performance using the necessary standard reporting forms. Reporting that is required in accordance with the criteria described above was not submitted timely. Questioned Costs: None Context: The Fund did not comply with the annual and final financial and performance reports as required by 2 CRF 200. Repeat finding: No Recommendation: Implement procedures and policies for timely submission of the required financial and performance reports within the required timeframe. Views of responsible individuals: Management concurs with and will implement the recommendation. See corrective action plan.
Finding 2022-002: Procurement and Suspension and Debarment Identification of federal program: Program Title: Agriculture Research Basic and Applied Research Assistance Listing Number: 10.001 Award Identification: CA 59-8082-0-001 Federal Agency: U.S. Department of Agriculture, Agriculture Research Service Criteria or Specific Requirement: Non-federal entities are prohibited from contracting with or making subawards under covered transactions to parties that are suspended or debarred. ?Covered transactions? include contracts for goods and services awarded under a non-procurement transaction (e.g., grant or cooperative agreement) that are expected to equal or exceed $25,000 or meet certain other criteria as specified in 2 CFR section 180.220. All non-procurement transactions entered into by a pass-through entity (i.e., subawards to subrecipients), irrespective of award amount, are considered covered transactions, unless they are exempt as provided in 2 CFR section 180.215. When a non-federal entity enters into a covered transaction with an entity at a lower tier, the non-federal entity must verify that the entity, as defined in 2 CFR section 180.995 and agency adopting regulations, is not suspended or debarred or otherwise excluded from participating in the transaction. This verification may be accomplished by (1) checking the System for Award Management (SAM) Exclusions maintained by the General Services Administration (GSA) and available at SAM.gov, (2) collecting a certification from the entity, or (3) adding a clause or condition to the covered transaction with that entity (2 CFR section 180.300). Condition: During testing for the Fund?s controls on compliance over procurement and suspension and debarment, the Fund could not provide a procurement policy that is in compliance with prescribed standards in the Uniform Guidance. Additionally, suspension and debarment verifications were not performed prior to entering a covered transaction. Cause: The Fund has not updated its procurement policy to fully conform with Uniform Guidance, including policies over suspension and debarment. Effect: The Fund was not in compliance with the procurement policy requirements of Uniform Guidance, specifically around suspension and debarment. Questioned Costs: None Context: The Fund currently does not have a procurement policy that fully complies with Uniform Guidance requirements addressed in Chapter 2 Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards. Repeat finding: No Recommendation: The Fund should ensure its documented procurement procedures conform to the procurement standards identified in 2 CFR section ?? 200.317 through 200.327, and also address suspension and debarment. Views of responsible individuals: Management concurs with and will implement the recommendation. See corrective action plan.
Significant Deficiency Finding 2022-001: Reporting Identification of federal program: Program Title: Agriculture Research Basic and Applied Research Assistance Listing Number: 10.001 Award Identification: CA 59-8082-0-001 Federal Agency: U.S. Department of Agriculture, Agriculture Research Service Criteria or Specific Requirement: As described in the Fund?s award with the U.S. Department of Agriculture?s, Agriculture Research Service, the Fund is required to submit annual and final financial and performance reports as required by 2 CRF 200. The annual federal financial report (FFR) (SF-425) shall be submitted no later than 90 days after the end of each reporting period. Final federal financial report shall be submitted no later than 90 days after the project or grant period end date. Condition: In testing compliance over reporting, we noted that the annual federal financial report (FFR) (SF-425) was not submitted timely. The annual SF-425 for the reporting period ending March 31, 2022, was submitted on March 14, 2023, which was more than 90 days after the end of the reporting period. Cause: There was turnover in accounting and program staff during the grant period. This resulted in delays in timely financial report submission. Effect: In accordance with 2 CRF 200, section 200.328, the Fund should implement procedures and policies for monitoring and reporting on financial and program performance using the necessary standard reporting forms. Reporting that is required in accordance with the criteria described above was not submitted timely. Questioned Costs: None Context: The Fund did not comply with the annual and final financial and performance reports as required by 2 CRF 200. Repeat finding: No Recommendation: Implement procedures and policies for timely submission of the required financial and performance reports within the required timeframe. Views of responsible individuals: Management concurs with and will implement the recommendation. See corrective action plan.
Finding 2022-002: Procurement and Suspension and Debarment Identification of federal program: Program Title: Agriculture Research Basic and Applied Research Assistance Listing Number: 10.001 Award Identification: CA 59-8082-0-001 Federal Agency: U.S. Department of Agriculture, Agriculture Research Service Criteria or Specific Requirement: Non-federal entities are prohibited from contracting with or making subawards under covered transactions to parties that are suspended or debarred. ?Covered transactions? include contracts for goods and services awarded under a non-procurement transaction (e.g., grant or cooperative agreement) that are expected to equal or exceed $25,000 or meet certain other criteria as specified in 2 CFR section 180.220. All non-procurement transactions entered into by a pass-through entity (i.e., subawards to subrecipients), irrespective of award amount, are considered covered transactions, unless they are exempt as provided in 2 CFR section 180.215. When a non-federal entity enters into a covered transaction with an entity at a lower tier, the non-federal entity must verify that the entity, as defined in 2 CFR section 180.995 and agency adopting regulations, is not suspended or debarred or otherwise excluded from participating in the transaction. This verification may be accomplished by (1) checking the System for Award Management (SAM) Exclusions maintained by the General Services Administration (GSA) and available at SAM.gov, (2) collecting a certification from the entity, or (3) adding a clause or condition to the covered transaction with that entity (2 CFR section 180.300). Condition: During testing for the Fund?s controls on compliance over procurement and suspension and debarment, the Fund could not provide a procurement policy that is in compliance with prescribed standards in the Uniform Guidance. Additionally, suspension and debarment verifications were not performed prior to entering a covered transaction. Cause: The Fund has not updated its procurement policy to fully conform with Uniform Guidance, including policies over suspension and debarment. Effect: The Fund was not in compliance with the procurement policy requirements of Uniform Guidance, specifically around suspension and debarment. Questioned Costs: None Context: The Fund currently does not have a procurement policy that fully complies with Uniform Guidance requirements addressed in Chapter 2 Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards. Repeat finding: No Recommendation: The Fund should ensure its documented procurement procedures conform to the procurement standards identified in 2 CFR section ?? 200.317 through 200.327, and also address suspension and debarment. Views of responsible individuals: Management concurs with and will implement the recommendation. See corrective action plan.