FAC Explorer

Audit 308795

FY End
2023-12-31
Total Expended
$2.14M
Findings
6
Programs
5
Organization: Young Men's Christian Association of Metropolitan Chattanooga (TN)
Year: 2023 Accepted: 2024-06-13
Auditor: Johnson Hickey & Murchison PC

Organization Exclusion Status:

Findings

ID Ref Severity Repeat Requirement
400775 2023-001 - - P
400776 2023-001 - - P
400777 2023-001 - - P
977217 2023-001 - - P
977218 2023-001 - - P
977219 2023-001 - - P

Programs

ALN Program Spent Major Findings
93.575 Child Care and Development Block Grant $525,327 Yes 1
10.558 Child and Adult Care Food Program $491,146 - 0
10.559 Summer Food Service Program for Children $397,507 - 0
16.540 Juvenile Justice and Delinquency Prevention_allocation to States $80,392 - 0
10.225 Community Food Projects $23,713 - 0

Contacts

Name Title Type
YQJFLA7MBG31 Jordan Pierce Auditee
4238053304 Derek Young Auditor
No contacts on file

Notes to SEFA

Title: BASIS OF PRESENTATION Accounting Policies: BASIS OF PRESENTATION De Minimis Rate Used: N Rate Explanation: THE YMCA HAS ELECTED NOT TO USE THE DE MINIMIS INDIRECT COST RATE ALLOWED UNDER THE UNIFORM GUIDANCE. THE ACCOMPANYING SCHEDULE OF EXPENDITURES OF FEDERAL AWARDS INCLUDES THE FEDERAL GRANT ACTIVITY OF THE YMCA OF METROPOLITAN CHATTANOOGA. THE INFORMATION IN THIS SCHEDULE IS PRESENTED IN ACCORDANCE WITH THE REQUIREMENTS OF TITLE 2 US CODE OF FEDERAL REGULATIONS, (CFR) PART 200, UNIFORM ADMINISTRATIVE REQUIREMENTS, COST PRINCIPLES, AND AUDIT REQUIREMENTS FOR FEDERAL AWARDS. THEREFORE, SOME AMOUNTS PRESENTED IN THIS SCHEDULE MAY DIFFER FROM AMOUNTS PRESENTED IN, OR USED IN THE PREPARATION OF, THE BASIC FINANCIAL STATEMENTS.
Title: SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Accounting Policies: BASIS OF PRESENTATION De Minimis Rate Used: N Rate Explanation: THE YMCA HAS ELECTED NOT TO USE THE DE MINIMIS INDIRECT COST RATE ALLOWED UNDER THE UNIFORM GUIDANCE. EXPENDITURES REPORTED ON THE SEFA 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 LIMITED TO REIMBURSEMENT. THE YMCA HAS ELECTED NOT TO USE THE 10% DE MINIMIS INDIRECT COST RATE ALLOWED UNDER THE UNIFORM GUIDANCE.

Finding Details

Finding 2023-001
LATE FILING OF 2022 DATA COLLECTION FORM; CONDITION - THE YMCA IS NOT IN COMPLIANCE WITH THE ANNUAL FINANCIAL REPORTING REQUIREMENTS OF THE FEDERAL AUDIT CLEARINGHOUSE; CRITERIA - UNIFORM GUIDANCE REQUIRES ANNUAL REPORTING BY SPECIFIED DUE DATES AFTER THE YMCA'S YEAR-END. THE DUE DATES ARE THE SHORTER OF 30 DYAS AFTER THE RELEASE OF THE AUDITED FINANCIAL STATEMENTS BUT NO LATER THAN 9 MONTHS AFTER THE YMCA'S YEAR-END.; EFFECT - THE YMCA DID NOT MEET THE REPORTING REQUIREMENTS OF THE UNIFORM GUIDANCE.; RECOMMENDATION - THE YMCA SHOULD FILE THE 2022 DATA COLLECTION FORM AS SOON AS FEASIBLY POSSIBLE AND DEVELOP PROCEDURES TO ENSURE THAT THE UNIFORM GUIDANCE REPORTING REQUIREMENTS ARE MET.; VIEWS OF RESPONSIBLE OFFICIALS AND PLANNED CORRECTIVE ACTIONS - MANAGEMENT CONCURS WITH THE FINDING. THE YMCA NOW HAS PROCEDURES IN PLACE TO ENSURE THAT ALL UNIFORM GUIDANCE REPORTING REQUIREMENTS ARE MET FOR THE DECEMBER 31, 2023, FINANCIAL STATEMENT AUDIT AND THE 2022 DATA COLLECTION FORM WILL BE FILED AS SOON AS FEASIBLY POSSIBLE.
Finding 2023-001
LATE FILING OF 2022 DATA COLLECTION FORM; CONDITION - THE YMCA IS NOT IN COMPLIANCE WITH THE ANNUAL FINANCIAL REPORTING REQUIREMENTS OF THE FEDERAL AUDIT CLEARINGHOUSE; CRITERIA - UNIFORM GUIDANCE REQUIRES ANNUAL REPORTING BY SPECIFIED DUE DATES AFTER THE YMCA'S YEAR-END. THE DUE DATES ARE THE SHORTER OF 30 DYAS AFTER THE RELEASE OF THE AUDITED FINANCIAL STATEMENTS BUT NO LATER THAN 9 MONTHS AFTER THE YMCA'S YEAR-END.; EFFECT - THE YMCA DID NOT MEET THE REPORTING REQUIREMENTS OF THE UNIFORM GUIDANCE.; RECOMMENDATION - THE YMCA SHOULD FILE THE 2022 DATA COLLECTION FORM AS SOON AS FEASIBLY POSSIBLE AND DEVELOP PROCEDURES TO ENSURE THAT THE UNIFORM GUIDANCE REPORTING REQUIREMENTS ARE MET.; VIEWS OF RESPONSIBLE OFFICIALS AND PLANNED CORRECTIVE ACTIONS - MANAGEMENT CONCURS WITH THE FINDING. THE YMCA NOW HAS PROCEDURES IN PLACE TO ENSURE THAT ALL UNIFORM GUIDANCE REPORTING REQUIREMENTS ARE MET FOR THE DECEMBER 31, 2023, FINANCIAL STATEMENT AUDIT AND THE 2022 DATA COLLECTION FORM WILL BE FILED AS SOON AS FEASIBLY POSSIBLE.
Finding 2023-001
LATE FILING OF 2022 DATA COLLECTION FORM; CONDITION - THE YMCA IS NOT IN COMPLIANCE WITH THE ANNUAL FINANCIAL REPORTING REQUIREMENTS OF THE FEDERAL AUDIT CLEARINGHOUSE; CRITERIA - UNIFORM GUIDANCE REQUIRES ANNUAL REPORTING BY SPECIFIED DUE DATES AFTER THE YMCA'S YEAR-END. THE DUE DATES ARE THE SHORTER OF 30 DYAS AFTER THE RELEASE OF THE AUDITED FINANCIAL STATEMENTS BUT NO LATER THAN 9 MONTHS AFTER THE YMCA'S YEAR-END.; EFFECT - THE YMCA DID NOT MEET THE REPORTING REQUIREMENTS OF THE UNIFORM GUIDANCE.; RECOMMENDATION - THE YMCA SHOULD FILE THE 2022 DATA COLLECTION FORM AS SOON AS FEASIBLY POSSIBLE AND DEVELOP PROCEDURES TO ENSURE THAT THE UNIFORM GUIDANCE REPORTING REQUIREMENTS ARE MET.; VIEWS OF RESPONSIBLE OFFICIALS AND PLANNED CORRECTIVE ACTIONS - MANAGEMENT CONCURS WITH THE FINDING. THE YMCA NOW HAS PROCEDURES IN PLACE TO ENSURE THAT ALL UNIFORM GUIDANCE REPORTING REQUIREMENTS ARE MET FOR THE DECEMBER 31, 2023, FINANCIAL STATEMENT AUDIT AND THE 2022 DATA COLLECTION FORM WILL BE FILED AS SOON AS FEASIBLY POSSIBLE.
Finding 2023-001
LATE FILING OF 2022 DATA COLLECTION FORM; CONDITION - THE YMCA IS NOT IN COMPLIANCE WITH THE ANNUAL FINANCIAL REPORTING REQUIREMENTS OF THE FEDERAL AUDIT CLEARINGHOUSE; CRITERIA - UNIFORM GUIDANCE REQUIRES ANNUAL REPORTING BY SPECIFIED DUE DATES AFTER THE YMCA'S YEAR-END. THE DUE DATES ARE THE SHORTER OF 30 DYAS AFTER THE RELEASE OF THE AUDITED FINANCIAL STATEMENTS BUT NO LATER THAN 9 MONTHS AFTER THE YMCA'S YEAR-END.; EFFECT - THE YMCA DID NOT MEET THE REPORTING REQUIREMENTS OF THE UNIFORM GUIDANCE.; RECOMMENDATION - THE YMCA SHOULD FILE THE 2022 DATA COLLECTION FORM AS SOON AS FEASIBLY POSSIBLE AND DEVELOP PROCEDURES TO ENSURE THAT THE UNIFORM GUIDANCE REPORTING REQUIREMENTS ARE MET.; VIEWS OF RESPONSIBLE OFFICIALS AND PLANNED CORRECTIVE ACTIONS - MANAGEMENT CONCURS WITH THE FINDING. THE YMCA NOW HAS PROCEDURES IN PLACE TO ENSURE THAT ALL UNIFORM GUIDANCE REPORTING REQUIREMENTS ARE MET FOR THE DECEMBER 31, 2023, FINANCIAL STATEMENT AUDIT AND THE 2022 DATA COLLECTION FORM WILL BE FILED AS SOON AS FEASIBLY POSSIBLE.
Finding 2023-001
LATE FILING OF 2022 DATA COLLECTION FORM; CONDITION - THE YMCA IS NOT IN COMPLIANCE WITH THE ANNUAL FINANCIAL REPORTING REQUIREMENTS OF THE FEDERAL AUDIT CLEARINGHOUSE; CRITERIA - UNIFORM GUIDANCE REQUIRES ANNUAL REPORTING BY SPECIFIED DUE DATES AFTER THE YMCA'S YEAR-END. THE DUE DATES ARE THE SHORTER OF 30 DYAS AFTER THE RELEASE OF THE AUDITED FINANCIAL STATEMENTS BUT NO LATER THAN 9 MONTHS AFTER THE YMCA'S YEAR-END.; EFFECT - THE YMCA DID NOT MEET THE REPORTING REQUIREMENTS OF THE UNIFORM GUIDANCE.; RECOMMENDATION - THE YMCA SHOULD FILE THE 2022 DATA COLLECTION FORM AS SOON AS FEASIBLY POSSIBLE AND DEVELOP PROCEDURES TO ENSURE THAT THE UNIFORM GUIDANCE REPORTING REQUIREMENTS ARE MET.; VIEWS OF RESPONSIBLE OFFICIALS AND PLANNED CORRECTIVE ACTIONS - MANAGEMENT CONCURS WITH THE FINDING. THE YMCA NOW HAS PROCEDURES IN PLACE TO ENSURE THAT ALL UNIFORM GUIDANCE REPORTING REQUIREMENTS ARE MET FOR THE DECEMBER 31, 2023, FINANCIAL STATEMENT AUDIT AND THE 2022 DATA COLLECTION FORM WILL BE FILED AS SOON AS FEASIBLY POSSIBLE.
Finding 2023-001
LATE FILING OF 2022 DATA COLLECTION FORM; CONDITION - THE YMCA IS NOT IN COMPLIANCE WITH THE ANNUAL FINANCIAL REPORTING REQUIREMENTS OF THE FEDERAL AUDIT CLEARINGHOUSE; CRITERIA - UNIFORM GUIDANCE REQUIRES ANNUAL REPORTING BY SPECIFIED DUE DATES AFTER THE YMCA'S YEAR-END. THE DUE DATES ARE THE SHORTER OF 30 DYAS AFTER THE RELEASE OF THE AUDITED FINANCIAL STATEMENTS BUT NO LATER THAN 9 MONTHS AFTER THE YMCA'S YEAR-END.; EFFECT - THE YMCA DID NOT MEET THE REPORTING REQUIREMENTS OF THE UNIFORM GUIDANCE.; RECOMMENDATION - THE YMCA SHOULD FILE THE 2022 DATA COLLECTION FORM AS SOON AS FEASIBLY POSSIBLE AND DEVELOP PROCEDURES TO ENSURE THAT THE UNIFORM GUIDANCE REPORTING REQUIREMENTS ARE MET.; VIEWS OF RESPONSIBLE OFFICIALS AND PLANNED CORRECTIVE ACTIONS - MANAGEMENT CONCURS WITH THE FINDING. THE YMCA NOW HAS PROCEDURES IN PLACE TO ENSURE THAT ALL UNIFORM GUIDANCE REPORTING REQUIREMENTS ARE MET FOR THE DECEMBER 31, 2023, FINANCIAL STATEMENT AUDIT AND THE 2022 DATA COLLECTION FORM WILL BE FILED AS SOON AS FEASIBLY POSSIBLE.