Audit 292559

FY End
2022-12-31
Total Expended
$2.04M
Findings
8
Programs
3
Organization: The Fogarty Center (RI)
Year: 2022 Accepted: 2024-02-28

Organization Exclusion Status:

Checking exclusion status...

Findings

ID Ref Severity Repeat Requirement
370867 2022-001 Significant Deficiency Yes P
370868 2022-002 Significant Deficiency - A
370869 2022-001 Significant Deficiency Yes P
370870 2022-001 Significant Deficiency Yes P
947309 2022-001 Significant Deficiency Yes P
947310 2022-002 Significant Deficiency - A
947311 2022-001 Significant Deficiency Yes P
947312 2022-001 Significant Deficiency Yes P

Contacts

Name Title Type
VJDVP4QK27N3 Michelle Brodeur Auditee
4012457900 Michael Criscione Auditor
No contacts on file

Notes to SEFA

Title: Summary of Significant Accounting Policies Accounting Policies: The accompanying schedule of expenditures of federal awards ("Schedule") includes the federal award activity of The Fogarty Center (the "Center") 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 ("Uniform Guidance"). Because the Schedule presents only a selected portion of the operations of the Center, it is not intended to and does not present the financial position, changes in net assets, or cash flows of the Center. 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. The Center was the recipient of funding under Federal Assistance Listing #93.498, Provider Relief Fund (PRF) and American Rescue Plan (ARP) Rural Distribution, and as required by the 2022 Compliance Supplement, such expenditures have been reported based upon expenditures that is required to be submitted to the Health Resources and Services Administration reporting portal for Period 4. De Minimis Rate Used: N Rate Explanation: The auditee has not elected to use the 10% de minimis indirect cost rate. 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. The Center has elected not to use the 10-percent de minimis indirect cost rate allowed under the Uniform Guidance. The Center was the recipient of funding under CFDA #93.498, Provider Relief Fund (PRF) and American Rescue Plan (ARP) Rural Distribution, and as required by the 2022 Compliance Supplement, such expenditures have been reported based upon expenditures that is required to be submitted to the Health Resources and Services Administration reporting portal for Period 4.

Finding Details

Condition: The Center did not complete and submit their financial related audit of their federal awards to Health Resources and Services Administration ("HRSA"), or their designee, by the due date of September 30, 2023. Criteria: 45 CFR §75.501 requires organizations that complete a Generally Accepted Government Auditing Standards Financial Audit under 45 CFR §75.216 to submit a financial related audit in accordance with Government Auditing Standards by the earlier of 30 calendar days after receipt of the auditor's report or nine months after the end of the audit period. Cause: The audit was not completed until February 26, 2024, due to information not being available to complete the audit by September 30, 2023, due to a turnover in staffing. Effect: May impact future funding from HRSA. Recommendation: We recommend the Center continue efforts to ensure future audits are filed timely with HRSA, or its designee. Views of responsible officials: Management of the Center agrees with the finding. The Center will ensure future audits are filed timely with HRSA, or its designee.
Condition: The Center's internal tracking spreadsheet did not agree to the quarterly reporting submissions for three out of ten submissions and the Center reported nine out of ten submissions late. Criteria: Companies are required to maintain relevant and reliable documentation related to expenditures claimed on cost reimbursement grants. Further, the funding under the Coronavirus State and Local Fiscal Recovery Funds require Workforce and Expenditure Reports to be submitted two weeks after the last day of the reporting period. Cause: Because the client's internal tracking included payroll accruals and estimates which were amended after year end and there is improper review of the Center's internal tracking spreadsheet, the Center reported inaccurate expenditures claimed on the grant. Additionally, due to the inaccurate tracking of report dates, submission of the quarterly Workforce and Expenditure Reports were not submitted timely by the Center. Recommendation: We recommend that the Center strengthen its review of tracking spreadsheets to ensure that accurate information is accurately reported and continue efforts to ensure future reporting submissions are filed timely. Views of responsible officials: Management of the Center agrees with the finding. The Company's corrective action plan is included at the end of this report.
Condition: The Center did not complete and submit their financial related audit of their federal awards to Health Resources and Services Administration ("HRSA"), or their designee, by the due date of September 30, 2023. Criteria: 45 CFR §75.501 requires organizations that complete a Generally Accepted Government Auditing Standards Financial Audit under 45 CFR §75.216 to submit a financial related audit in accordance with Government Auditing Standards by the earlier of 30 calendar days after receipt of the auditor's report or nine months after the end of the audit period. Cause: The audit was not completed until February 26, 2024, due to information not being available to complete the audit by September 30, 2023, due to a turnover in staffing. Effect: May impact future funding from HRSA. Recommendation: We recommend the Center continue efforts to ensure future audits are filed timely with HRSA, or its designee. Views of responsible officials: Management of the Center agrees with the finding. The Center will ensure future audits are filed timely with HRSA, or its designee.
Condition: The Center did not complete and submit their financial related audit of their federal awards to Health Resources and Services Administration ("HRSA"), or their designee, by the due date of September 30, 2023. Criteria: 45 CFR §75.501 requires organizations that complete a Generally Accepted Government Auditing Standards Financial Audit under 45 CFR §75.216 to submit a financial related audit in accordance with Government Auditing Standards by the earlier of 30 calendar days after receipt of the auditor's report or nine months after the end of the audit period. Cause: The audit was not completed until February 26, 2024, due to information not being available to complete the audit by September 30, 2023, due to a turnover in staffing. Effect: May impact future funding from HRSA. Recommendation: We recommend the Center continue efforts to ensure future audits are filed timely with HRSA, or its designee. Views of responsible officials: Management of the Center agrees with the finding. The Center will ensure future audits are filed timely with HRSA, or its designee.
Condition: The Center did not complete and submit their financial related audit of their federal awards to Health Resources and Services Administration ("HRSA"), or their designee, by the due date of September 30, 2023. Criteria: 45 CFR §75.501 requires organizations that complete a Generally Accepted Government Auditing Standards Financial Audit under 45 CFR §75.216 to submit a financial related audit in accordance with Government Auditing Standards by the earlier of 30 calendar days after receipt of the auditor's report or nine months after the end of the audit period. Cause: The audit was not completed until February 26, 2024, due to information not being available to complete the audit by September 30, 2023, due to a turnover in staffing. Effect: May impact future funding from HRSA. Recommendation: We recommend the Center continue efforts to ensure future audits are filed timely with HRSA, or its designee. Views of responsible officials: Management of the Center agrees with the finding. The Center will ensure future audits are filed timely with HRSA, or its designee.
Condition: The Center's internal tracking spreadsheet did not agree to the quarterly reporting submissions for three out of ten submissions and the Center reported nine out of ten submissions late. Criteria: Companies are required to maintain relevant and reliable documentation related to expenditures claimed on cost reimbursement grants. Further, the funding under the Coronavirus State and Local Fiscal Recovery Funds require Workforce and Expenditure Reports to be submitted two weeks after the last day of the reporting period. Cause: Because the client's internal tracking included payroll accruals and estimates which were amended after year end and there is improper review of the Center's internal tracking spreadsheet, the Center reported inaccurate expenditures claimed on the grant. Additionally, due to the inaccurate tracking of report dates, submission of the quarterly Workforce and Expenditure Reports were not submitted timely by the Center. Recommendation: We recommend that the Center strengthen its review of tracking spreadsheets to ensure that accurate information is accurately reported and continue efforts to ensure future reporting submissions are filed timely. Views of responsible officials: Management of the Center agrees with the finding. The Company's corrective action plan is included at the end of this report.
Condition: The Center did not complete and submit their financial related audit of their federal awards to Health Resources and Services Administration ("HRSA"), or their designee, by the due date of September 30, 2023. Criteria: 45 CFR §75.501 requires organizations that complete a Generally Accepted Government Auditing Standards Financial Audit under 45 CFR §75.216 to submit a financial related audit in accordance with Government Auditing Standards by the earlier of 30 calendar days after receipt of the auditor's report or nine months after the end of the audit period. Cause: The audit was not completed until February 26, 2024, due to information not being available to complete the audit by September 30, 2023, due to a turnover in staffing. Effect: May impact future funding from HRSA. Recommendation: We recommend the Center continue efforts to ensure future audits are filed timely with HRSA, or its designee. Views of responsible officials: Management of the Center agrees with the finding. The Center will ensure future audits are filed timely with HRSA, or its designee.
Condition: The Center did not complete and submit their financial related audit of their federal awards to Health Resources and Services Administration ("HRSA"), or their designee, by the due date of September 30, 2023. Criteria: 45 CFR §75.501 requires organizations that complete a Generally Accepted Government Auditing Standards Financial Audit under 45 CFR §75.216 to submit a financial related audit in accordance with Government Auditing Standards by the earlier of 30 calendar days after receipt of the auditor's report or nine months after the end of the audit period. Cause: The audit was not completed until February 26, 2024, due to information not being available to complete the audit by September 30, 2023, due to a turnover in staffing. Effect: May impact future funding from HRSA. Recommendation: We recommend the Center continue efforts to ensure future audits are filed timely with HRSA, or its designee. Views of responsible officials: Management of the Center agrees with the finding. The Center will ensure future audits are filed timely with HRSA, or its designee.