FAC Explorer

Audit 300656

FY End
2023-06-30
Total Expended
$4.71M
Findings
2
Programs
6
Organization: Homeward Bound of Western North Carolina, Inc. (NC)
Year: 2023 Accepted: 2024-03-29
Auditor: Carter PC

Organization Exclusion Status:

Findings

ID Ref Severity Repeat Requirement
389765 2023-002 Significant Deficiency - P
966207 2023-002 Significant Deficiency - P

Programs

ALN Program Spent Major Findings
64.033 Va Supportive Services for Veteran Families Program $1.67M Yes 1
14.267 Continuum of Care Program $1.54M Yes 0
21.027 Coronavirus State and Local Fiscal Recovery Funds $999,900 Yes 0
14.218 Community Development Block Grants/entitlement Grants $257,046 - 0
14.231 Emergency Solutions Grant Program $98,810 - 0
14.239 Home Investment Partnerships Program $11,797 - 0

Contacts

Name Title Type
CCQAK9U4NFH5 Suzy Johnson Auditee
8287859910 Jeremy Giambrone Auditor
No contacts on file

Notes to SEFA

Accounting Policies: Expenditures reported on the SEFSA are presented 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. De Minimis Rate Used: N Rate Explanation: Homeward Bound of Western North Carolina, Inc. and Subsidiaries has not elected to use the 10% de minimis indirect cost rate as allowed under the Uniform Guidance.

Finding Details

Finding 2023-002
SIGNIFICANT DEFICIENCY Federal Program: AL# 64.033 - VA Supportive Services for Veteran Families Program Criteria: The Organization’s policy is for program directors to review and approve the monthly projection worksheets prepared by finance as reconciled to the general ledger. Condition: Five out of twelve monthly reimbursement requests were not reviewed and approved by the program director. Effect: Reimbursement requests for the program could be inaccurately prepared and assembled. Cause: Strains on the Organization due to personnel transitions. Recommendation: Program directors should review and approve the compiled data prepared by finance in the projection worksheets before requests for reimbursement of federal funds. Views of Responsible Officials and Planned Corrective Actions: Management agrees with this finding and will adhere to the Corrective Action Plan.
Finding 2023-002
SIGNIFICANT DEFICIENCY Federal Program: AL# 64.033 - VA Supportive Services for Veteran Families Program Criteria: The Organization’s policy is for program directors to review and approve the monthly projection worksheets prepared by finance as reconciled to the general ledger. Condition: Five out of twelve monthly reimbursement requests were not reviewed and approved by the program director. Effect: Reimbursement requests for the program could be inaccurately prepared and assembled. Cause: Strains on the Organization due to personnel transitions. Recommendation: Program directors should review and approve the compiled data prepared by finance in the projection worksheets before requests for reimbursement of federal funds. Views of Responsible Officials and Planned Corrective Actions: Management agrees with this finding and will adhere to the Corrective Action Plan.