FAC Explorer

Audit 315841

FY End
2023-07-31
Total Expended
$962,240
Findings
4
Programs
3
Organization: Family Legacy Foundation (IL)
Year: 2023 Accepted: 2024-07-24
Auditor: Benford Brown & Associates LLC

Organization Exclusion Status:

Findings

ID Ref Severity Repeat Requirement
479354 2023-002 Material Weakness - P
479355 2023-002 Material Weakness - P
1055796 2023-002 Material Weakness - P
1055797 2023-002 Material Weakness - P

Programs

ALN Program Spent Major Findings
93.558 Temporary Assistance for Needy Families $341,171 Yes 1
93.060 Competitive Abstinence Education (cae) $337,491 - 0
84.066 Trio_educational Opportunity Centers $283,578 Yes 1

Contacts

Name Title Type
NC8DNJQBJH55 Latasha Monique Davis Auditee
2515135003 Timothy Watson Auditor
No contacts on file

Notes to SEFA

Title: Schedule of Expenditures of Federal Awards Accounting Policies: The schedule of Expenditures of Federal Awards (Schedule) has been prepared on the accrual basis of accounting in accordance with accounting principles generally accepted in the United States of America. The Schedule includes the federal grant activity of FLF and is presented 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 (Uniform Guidance). Therefore, some amounts presented in this schedule may De Minimis Rate Used: N Rate Explanation: FLF did not elect to use the 10% de minimis cost rate during fiscal year 2023. The schedule of Expenditures of Federal Awards (Schedule) has been prepared on the accrual basis of accounting in accordance with accounting principles generally accepted in the United States of America. The Schedule includes the federal grant activity of FLF and is presented 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 (Uniform Guidance). Therefore, some amounts presented in this schedule may

Finding Details

Finding 2023-002
Criteria FLF has grant agreements from the State of Illinois with terms requiring compliance with financial reporting requirements in accordance with Uniform Guidance and the State of Illinois’ Grant Accountability and Transparency Act (GATA). As such, for the year ended July 31, 2023, FLF is required to submit audited financial statements, a schedule of expenditures of federal awards (SEFA) and single audit reports to the Federal Audit Clearinghouse and the same audit package plus a Consolidated Year End Financial Report (CYEFR) to the GATA portal. The due date for submission of the audit package to the GATA portal is six (6) months after FLF’s fiscal year-end. The due date for submission of the audit package to the Federal Audit Clearinghouse is nine (9) months after FLF’s fiscal year-end. FAMILY LEGACY FOUNDATION Schedule of Findings and Questioned Costs Year ended July 31, 2023 25 Section III - Findings and Questioned Costs Relating to Compliance Over Federal Awards (continued) Condition FLF did not submit its audited financial statements, SEFA and CYEFR and other required information to the Federal Audit Clearinghouse website and GATA portal within (9) months and six (6) months, respectively, after July 31, 2023. Cause This condition was due to FLF not identifying federal funding passed through the State of Illinois until after receiving notification from the State of Illinois that it had provided enough funding to require that FLF submit a single audit as a part of maintaining compliance with its grant agreements with the State of Illinois. Effect The effect is that controls over the financial reporting process were significantly weakened thereby substantially increasing the risk that material misstatements could be included in the financial statements, SEFA, and CYEFR without management being aware. Additionally, noncompliance with financial reporting deadlines could cause funding sources for FLF to suspend funding until compliance is achieved.
Finding 2023-002
Criteria FLF has grant agreements from the State of Illinois with terms requiring compliance with financial reporting requirements in accordance with Uniform Guidance and the State of Illinois’ Grant Accountability and Transparency Act (GATA). As such, for the year ended July 31, 2023, FLF is required to submit audited financial statements, a schedule of expenditures of federal awards (SEFA) and single audit reports to the Federal Audit Clearinghouse and the same audit package plus a Consolidated Year End Financial Report (CYEFR) to the GATA portal. The due date for submission of the audit package to the GATA portal is six (6) months after FLF’s fiscal year-end. The due date for submission of the audit package to the Federal Audit Clearinghouse is nine (9) months after FLF’s fiscal year-end. FAMILY LEGACY FOUNDATION Schedule of Findings and Questioned Costs Year ended July 31, 2023 25 Section III - Findings and Questioned Costs Relating to Compliance Over Federal Awards (continued) Condition FLF did not submit its audited financial statements, SEFA and CYEFR and other required information to the Federal Audit Clearinghouse website and GATA portal within (9) months and six (6) months, respectively, after July 31, 2023. Cause This condition was due to FLF not identifying federal funding passed through the State of Illinois until after receiving notification from the State of Illinois that it had provided enough funding to require that FLF submit a single audit as a part of maintaining compliance with its grant agreements with the State of Illinois. Effect The effect is that controls over the financial reporting process were significantly weakened thereby substantially increasing the risk that material misstatements could be included in the financial statements, SEFA, and CYEFR without management being aware. Additionally, noncompliance with financial reporting deadlines could cause funding sources for FLF to suspend funding until compliance is achieved.
Finding 2023-002
Criteria FLF has grant agreements from the State of Illinois with terms requiring compliance with financial reporting requirements in accordance with Uniform Guidance and the State of Illinois’ Grant Accountability and Transparency Act (GATA). As such, for the year ended July 31, 2023, FLF is required to submit audited financial statements, a schedule of expenditures of federal awards (SEFA) and single audit reports to the Federal Audit Clearinghouse and the same audit package plus a Consolidated Year End Financial Report (CYEFR) to the GATA portal. The due date for submission of the audit package to the GATA portal is six (6) months after FLF’s fiscal year-end. The due date for submission of the audit package to the Federal Audit Clearinghouse is nine (9) months after FLF’s fiscal year-end. FAMILY LEGACY FOUNDATION Schedule of Findings and Questioned Costs Year ended July 31, 2023 25 Section III - Findings and Questioned Costs Relating to Compliance Over Federal Awards (continued) Condition FLF did not submit its audited financial statements, SEFA and CYEFR and other required information to the Federal Audit Clearinghouse website and GATA portal within (9) months and six (6) months, respectively, after July 31, 2023. Cause This condition was due to FLF not identifying federal funding passed through the State of Illinois until after receiving notification from the State of Illinois that it had provided enough funding to require that FLF submit a single audit as a part of maintaining compliance with its grant agreements with the State of Illinois. Effect The effect is that controls over the financial reporting process were significantly weakened thereby substantially increasing the risk that material misstatements could be included in the financial statements, SEFA, and CYEFR without management being aware. Additionally, noncompliance with financial reporting deadlines could cause funding sources for FLF to suspend funding until compliance is achieved.
Finding 2023-002
Criteria FLF has grant agreements from the State of Illinois with terms requiring compliance with financial reporting requirements in accordance with Uniform Guidance and the State of Illinois’ Grant Accountability and Transparency Act (GATA). As such, for the year ended July 31, 2023, FLF is required to submit audited financial statements, a schedule of expenditures of federal awards (SEFA) and single audit reports to the Federal Audit Clearinghouse and the same audit package plus a Consolidated Year End Financial Report (CYEFR) to the GATA portal. The due date for submission of the audit package to the GATA portal is six (6) months after FLF’s fiscal year-end. The due date for submission of the audit package to the Federal Audit Clearinghouse is nine (9) months after FLF’s fiscal year-end. FAMILY LEGACY FOUNDATION Schedule of Findings and Questioned Costs Year ended July 31, 2023 25 Section III - Findings and Questioned Costs Relating to Compliance Over Federal Awards (continued) Condition FLF did not submit its audited financial statements, SEFA and CYEFR and other required information to the Federal Audit Clearinghouse website and GATA portal within (9) months and six (6) months, respectively, after July 31, 2023. Cause This condition was due to FLF not identifying federal funding passed through the State of Illinois until after receiving notification from the State of Illinois that it had provided enough funding to require that FLF submit a single audit as a part of maintaining compliance with its grant agreements with the State of Illinois. Effect The effect is that controls over the financial reporting process were significantly weakened thereby substantially increasing the risk that material misstatements could be included in the financial statements, SEFA, and CYEFR without management being aware. Additionally, noncompliance with financial reporting deadlines could cause funding sources for FLF to suspend funding until compliance is achieved.