FAC Explorer

Audit 29539

FY End
2022-12-31
Total Expended
$869,102
Findings
2
Programs
2
Organization: Saint Luke's Memorial Hospital, Inc. (PR)
Year: 2022 Accepted: 2023-09-28
Auditor: Galindez LLC

Organization Exclusion Status:

Findings

ID Ref Severity Repeat Requirement
33739 2022-001 - - L
610181 2022-001 - - L

Programs

ALN Program Spent Major Findings
21.027 Coronavirus State and Local Fiscal Recovery Funds $816,000 Yes 1
97.036 Disaster Grants - Public Assistance (presidentially Declared Disasters) $53,102 - 0

Contacts

Name Title Type
SB9CFLT68PA3 Carlos Valentin Borges Auditee
7878442080 Luis Corrada Auditor
No contacts on file

Notes to SEFA

Title: Note 3 - Assistance Listing Number Accounting Policies: Note 1 - Basis of PresentationThe accompanying schedule of expenditures of federal awards (the Schedule) includes the federal grant activity of Saint Lukes Memorial Hospital, Inc. (the Organization), under programs of the federal government for the year ended December 31, 2022. The information included in the Schedule is prepared in accordance with the requirements of Title 2 U.S. Code of Federal Regulations (CFR) Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (the Uniform Guidance). Therefore, some amounts presented in the Schedule may differ from amounts presented in or used in the preparation of the financial statements of the Organization.Because the Schedule presents only a selected portion of the operations of the Organization, it is not intended to, and does not, present the financial position, results of operations and cash flows of the Organization. Funds received from the federal programs, as detailed in the Schedule, are included as grants revenue in the statement of activities and changes in net assets for the year ended on December 31, 2022.Note 2 - Summary of Significant Accounting PoliciesExpenditures reported in 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 may or may not be allowable or may be limited as to reimbursement. The Organization has elected not to use the 10 percent de minimis indirect cost rate, as allowed under the Uniform Guidance. De Minimis Rate Used: N Rate Explanation: The auditee did not use the de minimis cost rate. The assistance listing numbers included in the Schedule are determined based on the program name, review of grant contract information and the public description of Federal Assistance Listings published by the U.S. Government.
Title: Note 4 - Major Federal Programs Accounting Policies: Note 1 - Basis of PresentationThe accompanying schedule of expenditures of federal awards (the Schedule) includes the federal grant activity of Saint Lukes Memorial Hospital, Inc. (the Organization), under programs of the federal government for the year ended December 31, 2022. The information included in the Schedule is prepared in accordance with the requirements of Title 2 U.S. Code of Federal Regulations (CFR) Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (the Uniform Guidance). Therefore, some amounts presented in the Schedule may differ from amounts presented in or used in the preparation of the financial statements of the Organization.Because the Schedule presents only a selected portion of the operations of the Organization, it is not intended to, and does not, present the financial position, results of operations and cash flows of the Organization. Funds received from the federal programs, as detailed in the Schedule, are included as grants revenue in the statement of activities and changes in net assets for the year ended on December 31, 2022.Note 2 - Summary of Significant Accounting PoliciesExpenditures reported in 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 may or may not be allowable or may be limited as to reimbursement. The Organization has elected not to use the 10 percent de minimis indirect cost rate, as allowed under the Uniform Guidance. De Minimis Rate Used: N Rate Explanation: The auditee did not use the de minimis cost rate. The major programs are identified in the Summary of Auditors Results Section in the Schedule of Findings and Questioned Costs. Federal programs are presented by federal agency.

Finding Details

Finding 2022-001
Finding No. 2022-001 - Reporting Federal Program 21.027 - Coronavirus State and Local Fiscal Recovery Funds Name of Federal Agency U.S. Department of Treasury Pass-through Entity Puerto Rico Department of Treasury Criteria As provided by the Worker Relief Program guidelines, all grantees receiving payment for their personnel must submit a report within 30 days of the date the applicant/grantee received its award detailing use of funds and evidencing that all premium payments were made. Condition As a result of our audit procedures, we noted one instance in which the Organization reported the use of funds to the federal grantor after the required timeframe limit as follows: Fund Required Date Reported Date Past Due Days Coronavirus State and Local Fiscal Recovery Funds (Worker Relief Program) March 16, 2022 March 22, 2023 371 Context As part of the reporting test for the Worker Relief Program, we noted that report required to be submitted 30 days after the funds were received and used, was submitted after the due date. Cause The Organization was not aware of the requirement, since it did not receive a request from AAFAF specifying that it had to submit a breakdown of the use of funds within 30 days of the date the applicant/grantee received its award. During the year December 31, 2022, the Organization submitted all other reports requested by AAFAF. Effect Failure to make the required reports submissions may be considered by the grantor as a noncompliance with the criteria mentioned above and could lead to administrative sanctions by the grantor. Questioned Cost None. Identification of a repeat finding None. Recommendation The Organization should continue to monitor and review guidelines for federal awards under the CARES Act and other legislation to ensure it is up-to-date on the applicable requirements and changes therein. In addition, the Organization should consider consulting with AAFAF when available guidance may be subject to interpretation or when new awards, if any, are received. Views of responsible officials and corrective action plan The Organization?s management agrees with this finding. Please refer to the corrective action plan on page 55.
Finding 2022-001
Finding No. 2022-001 - Reporting Federal Program 21.027 - Coronavirus State and Local Fiscal Recovery Funds Name of Federal Agency U.S. Department of Treasury Pass-through Entity Puerto Rico Department of Treasury Criteria As provided by the Worker Relief Program guidelines, all grantees receiving payment for their personnel must submit a report within 30 days of the date the applicant/grantee received its award detailing use of funds and evidencing that all premium payments were made. Condition As a result of our audit procedures, we noted one instance in which the Organization reported the use of funds to the federal grantor after the required timeframe limit as follows: Fund Required Date Reported Date Past Due Days Coronavirus State and Local Fiscal Recovery Funds (Worker Relief Program) March 16, 2022 March 22, 2023 371 Context As part of the reporting test for the Worker Relief Program, we noted that report required to be submitted 30 days after the funds were received and used, was submitted after the due date. Cause The Organization was not aware of the requirement, since it did not receive a request from AAFAF specifying that it had to submit a breakdown of the use of funds within 30 days of the date the applicant/grantee received its award. During the year December 31, 2022, the Organization submitted all other reports requested by AAFAF. Effect Failure to make the required reports submissions may be considered by the grantor as a noncompliance with the criteria mentioned above and could lead to administrative sanctions by the grantor. Questioned Cost None. Identification of a repeat finding None. Recommendation The Organization should continue to monitor and review guidelines for federal awards under the CARES Act and other legislation to ensure it is up-to-date on the applicable requirements and changes therein. In addition, the Organization should consider consulting with AAFAF when available guidance may be subject to interpretation or when new awards, if any, are received. Views of responsible officials and corrective action plan The Organization?s management agrees with this finding. Please refer to the corrective action plan on page 55.