Audit 309540

2023-001 - Significant Deficiency Criteria: Per 2 CFR 200.61, the Foundation is responsible for implementing policies, including internal controls, that are designed to provide reasonable assurance regarding the achievement of the following objectives: effectiveness and efficiency of operations, reliability of reporting for internal and external use; and compliance with applicable laws and regulations. Condition: The overall process for tracking federal funds spent and the reimbursement process is a manual process performed by one department. The Foundation lacks formal policies for reimbursement and timely review of calculations throughout the year. Cause: The Foundation saw increased levels of federal funding during the year and did not have the process in place to ensure compliance. Effect: The lack of process documentation and review process limited the Foundation’s ability to design and implement the necessary internal controls over compliance with federal awards. Questioned Costs: Indeterminable. Context: The finding represents a systematic deficiency in the Foundation’s process surrounding federal funds. This finding cannot be quantified in terms of dollar value. Repeat Finding: This finding is not a repeat finding. Recommendation: We recommend increased training in federal grant compliance and specific grant requirements. Additionally, the Foundation needs to implement formal processes for tracking federal funds and review of reimbursement requests. Views of Responsible Officials: Management is actively working with the awarding agencies to fully understand the compliance requirements and implement appropriate policy and process to administer the federal programs. Management is reviewing the current procedures and formalizing the process for tracking and reporting of federal funds.

2023-001 - Significant Deficiency Criteria: Per 2 CFR 200.61, the Foundation is responsible for implementing policies, including internal controls, that are designed to provide reasonable assurance regarding the achievement of the following objectives: effectiveness and efficiency of operations, reliability of reporting for internal and external use; and compliance with applicable laws and regulations. Condition: The overall process for tracking federal funds spent and the reimbursement process is a manual process performed by one department. The Foundation lacks formal policies for reimbursement and timely review of calculations throughout the year. Cause: The Foundation saw increased levels of federal funding during the year and did not have the process in place to ensure compliance. Effect: The lack of process documentation and review process limited the Foundation’s ability to design and implement the necessary internal controls over compliance with federal awards. Questioned Costs: Indeterminable. Context: The finding represents a systematic deficiency in the Foundation’s process surrounding federal funds. This finding cannot be quantified in terms of dollar value. Repeat Finding: This finding is not a repeat finding. Recommendation: We recommend increased training in federal grant compliance and specific grant requirements. Additionally, the Foundation needs to implement formal processes for tracking federal funds and review of reimbursement requests. Views of Responsible Officials: Management is actively working with the awarding agencies to fully understand the compliance requirements and implement appropriate policy and process to administer the federal programs. Management is reviewing the current procedures and formalizing the process for tracking and reporting of federal funds.

2023-001 - Significant Deficiency Criteria: Per 2 CFR 200.61, the Foundation is responsible for implementing policies, including internal controls, that are designed to provide reasonable assurance regarding the achievement of the following objectives: effectiveness and efficiency of operations, reliability of reporting for internal and external use; and compliance with applicable laws and regulations. Condition: The overall process for tracking federal funds spent and the reimbursement process is a manual process performed by one department. The Foundation lacks formal policies for reimbursement and timely review of calculations throughout the year. Cause: The Foundation saw increased levels of federal funding during the year and did not have the process in place to ensure compliance. Effect: The lack of process documentation and review process limited the Foundation’s ability to design and implement the necessary internal controls over compliance with federal awards. Questioned Costs: Indeterminable. Context: The finding represents a systematic deficiency in the Foundation’s process surrounding federal funds. This finding cannot be quantified in terms of dollar value. Repeat Finding: This finding is not a repeat finding. Recommendation: We recommend increased training in federal grant compliance and specific grant requirements. Additionally, the Foundation needs to implement formal processes for tracking federal funds and review of reimbursement requests. Views of Responsible Officials: Management is actively working with the awarding agencies to fully understand the compliance requirements and implement appropriate policy and process to administer the federal programs. Management is reviewing the current procedures and formalizing the process for tracking and reporting of federal funds.

2023-001 - Significant Deficiency Criteria: Per 2 CFR 200.61, the Foundation is responsible for implementing policies, including internal controls, that are designed to provide reasonable assurance regarding the achievement of the following objectives: effectiveness and efficiency of operations, reliability of reporting for internal and external use; and compliance with applicable laws and regulations. Condition: The overall process for tracking federal funds spent and the reimbursement process is a manual process performed by one department. The Foundation lacks formal policies for reimbursement and timely review of calculations throughout the year. Cause: The Foundation saw increased levels of federal funding during the year and did not have the process in place to ensure compliance. Effect: The lack of process documentation and review process limited the Foundation’s ability to design and implement the necessary internal controls over compliance with federal awards. Questioned Costs: Indeterminable. Context: The finding represents a systematic deficiency in the Foundation’s process surrounding federal funds. This finding cannot be quantified in terms of dollar value. Repeat Finding: This finding is not a repeat finding. Recommendation: We recommend increased training in federal grant compliance and specific grant requirements. Additionally, the Foundation needs to implement formal processes for tracking federal funds and review of reimbursement requests. Views of Responsible Officials: Management is actively working with the awarding agencies to fully understand the compliance requirements and implement appropriate policy and process to administer the federal programs. Management is reviewing the current procedures and formalizing the process for tracking and reporting of federal funds.

2023-001 - Significant Deficiency Criteria: Per 2 CFR 200.61, the Foundation is responsible for implementing policies, including internal controls, that are designed to provide reasonable assurance regarding the achievement of the following objectives: effectiveness and efficiency of operations, reliability of reporting for internal and external use; and compliance with applicable laws and regulations. Condition: The overall process for tracking federal funds spent and the reimbursement process is a manual process performed by one department. The Foundation lacks formal policies for reimbursement and timely review of calculations throughout the year. Cause: The Foundation saw increased levels of federal funding during the year and did not have the process in place to ensure compliance. Effect: The lack of process documentation and review process limited the Foundation’s ability to design and implement the necessary internal controls over compliance with federal awards. Questioned Costs: Indeterminable. Context: The finding represents a systematic deficiency in the Foundation’s process surrounding federal funds. This finding cannot be quantified in terms of dollar value. Repeat Finding: This finding is not a repeat finding. Recommendation: We recommend increased training in federal grant compliance and specific grant requirements. Additionally, the Foundation needs to implement formal processes for tracking federal funds and review of reimbursement requests. Views of Responsible Officials: Management is actively working with the awarding agencies to fully understand the compliance requirements and implement appropriate policy and process to administer the federal programs. Management is reviewing the current procedures and formalizing the process for tracking and reporting of federal funds.

2023-001 - Significant Deficiency Criteria: Per 2 CFR 200.61, the Foundation is responsible for implementing policies, including internal controls, that are designed to provide reasonable assurance regarding the achievement of the following objectives: effectiveness and efficiency of operations, reliability of reporting for internal and external use; and compliance with applicable laws and regulations. Condition: The overall process for tracking federal funds spent and the reimbursement process is a manual process performed by one department. The Foundation lacks formal policies for reimbursement and timely review of calculations throughout the year. Cause: The Foundation saw increased levels of federal funding during the year and did not have the process in place to ensure compliance. Effect: The lack of process documentation and review process limited the Foundation’s ability to design and implement the necessary internal controls over compliance with federal awards. Questioned Costs: Indeterminable. Context: The finding represents a systematic deficiency in the Foundation’s process surrounding federal funds. This finding cannot be quantified in terms of dollar value. Repeat Finding: This finding is not a repeat finding. Recommendation: We recommend increased training in federal grant compliance and specific grant requirements. Additionally, the Foundation needs to implement formal processes for tracking federal funds and review of reimbursement requests. Views of Responsible Officials: Management is actively working with the awarding agencies to fully understand the compliance requirements and implement appropriate policy and process to administer the federal programs. Management is reviewing the current procedures and formalizing the process for tracking and reporting of federal funds.