FAC Explorer

Audit 316927

FY End
2023-12-31
Total Expended
$1.95M
Findings
6
Programs
3
Organization: Wayne State University Research and Technology Park in the City of Detroit (MI)
Year: 2023 Accepted: 2024-08-08
Auditor: Plante & Moran PLLC

Organization Exclusion Status:

Findings

ID Ref Severity Repeat Requirement
480698 2023-002 Material Weakness - L
480699 2023-002 Material Weakness - L
480700 2023-002 Material Weakness - L
1057140 2023-002 Material Weakness - L
1057141 2023-002 Material Weakness - L
1057142 2023-002 Material Weakness - L

Programs

ALN Program Spent Major Findings
11.307 Economic Adjustment Assistance $1.53M Yes 1
11.307 Covid-19 - Economic Adjustment Assistance $155,276 Yes 1
11.024 Build to Scale $111,063 - 0

Contacts

Name Title Type
M88AGLH3ADT5 Edward Staebler Auditee
3138795249 John R. Bebes Auditor
No contacts on file

Notes to SEFA

Accounting Policies: The accompanying schedule of expenditures of federal awards (the “Schedule”) includes the federal grant activity of Wayne State University Research and Technology Park in the City of Detroit and Subsidiary (the “Organization”) under programs of the federal government for the year ended December 31, 2023. The information in the Schedule is presented in accordance with the requirements of Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (the “Uniform Guidance”). Because the Schedule presents only a selected portion of the operations of the Organization, it is not intended to and does not present the consolidated balance sheet, changes in net assets, functional expenses, or cash flows of the Organization. Expenditures reported in the Schedule are reported on accrual basis of accounting. Such expenditures are recognized following the cost principles contained in Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards, wherein certain types of expenditures are not allowable or are limited as to reimbursement and frequently asked questions as outlined in the 2020 Compliance Supplement Addendum. The pass through entity identifying numbers are presented where available. The Organization has elected to use the 10 percent de minimis indirect cost rate to recover indirect costs as allowed under the Uniform Guidance. De Minimis Rate Used: Y Rate Explanation: The Organization has elected to use the 10 percent de minimis indirect cost rate to recover indirect costs as allowed under the Uniform Guidance.

Finding Details

Finding 2023-002
Assistance Listing Number, Federal Agency, and Program Name – 11.307, U.S. Department of Commerce, Economic Development Cluster Finding Type – Material weakness and material noncompliance with laws and regulations Repeat Finding - No Criteria – According to Public Law 109 Number 109-282, the prime recipient is required to file a Federal Funding Accountability and Transparency Act (FFATA) sub-award report by the end of the month following the month in which the prime recipient awards any sub-grant greater than or equal to $30,000. Condition - The Organization did not have controls in place to ensure required FFATA reports were submitted in the period of time required. Questioned Costs - None Context – The Organization is a prime recipient and had seven subrecipients in the current year. However, the Organization did not submit the required FFATA reports in the period of time required. The following table summarizes the transactions examined and the non-compliance identified: See the Schedule of Findings and Questioned Costs for chart/table Cause and Effect - There was a lack of appropriate controls to ensure the required FFATA reports were submitted and this caused a delay in the submission of the reports. Recommendation - We recommend the Organization implement controls to ensure all of the required reports are submitted. Views of Responsible Officials and Corrective Action Plan - The subrecipient organizations and the amounts of each sub-award were included in the grant application. The subrecipents were listed in the Organization’s Prime award Specific Terms and Conditions. The organization has implemented an FFATA policy handbook to ensure awareness of the filing timing requirements. This handbook has been included in the Organization's Grant Award checklist for all federal grant awards.
Finding 2023-002
Assistance Listing Number, Federal Agency, and Program Name – 11.307, U.S. Department of Commerce, Economic Development Cluster Finding Type – Material weakness and material noncompliance with laws and regulations Repeat Finding - No Criteria – According to Public Law 109 Number 109-282, the prime recipient is required to file a Federal Funding Accountability and Transparency Act (FFATA) sub-award report by the end of the month following the month in which the prime recipient awards any sub-grant greater than or equal to $30,000. Condition - The Organization did not have controls in place to ensure required FFATA reports were submitted in the period of time required. Questioned Costs - None Context – The Organization is a prime recipient and had seven subrecipients in the current year. However, the Organization did not submit the required FFATA reports in the period of time required. The following table summarizes the transactions examined and the non-compliance identified: See the Schedule of Findings and Questioned Costs for chart/table Cause and Effect - There was a lack of appropriate controls to ensure the required FFATA reports were submitted and this caused a delay in the submission of the reports. Recommendation - We recommend the Organization implement controls to ensure all of the required reports are submitted. Views of Responsible Officials and Corrective Action Plan - The subrecipient organizations and the amounts of each sub-award were included in the grant application. The subrecipents were listed in the Organization’s Prime award Specific Terms and Conditions. The organization has implemented an FFATA policy handbook to ensure awareness of the filing timing requirements. This handbook has been included in the Organization's Grant Award checklist for all federal grant awards.
Finding 2023-002
Assistance Listing Number, Federal Agency, and Program Name – 11.307, U.S. Department of Commerce, Economic Development Cluster Finding Type – Material weakness and material noncompliance with laws and regulations Repeat Finding - No Criteria – According to Public Law 109 Number 109-282, the prime recipient is required to file a Federal Funding Accountability and Transparency Act (FFATA) sub-award report by the end of the month following the month in which the prime recipient awards any sub-grant greater than or equal to $30,000. Condition - The Organization did not have controls in place to ensure required FFATA reports were submitted in the period of time required. Questioned Costs - None Context – The Organization is a prime recipient and had seven subrecipients in the current year. However, the Organization did not submit the required FFATA reports in the period of time required. The following table summarizes the transactions examined and the non-compliance identified: See the Schedule of Findings and Questioned Costs for chart/table Cause and Effect - There was a lack of appropriate controls to ensure the required FFATA reports were submitted and this caused a delay in the submission of the reports. Recommendation - We recommend the Organization implement controls to ensure all of the required reports are submitted. Views of Responsible Officials and Corrective Action Plan - The subrecipient organizations and the amounts of each sub-award were included in the grant application. The subrecipents were listed in the Organization’s Prime award Specific Terms and Conditions. The organization has implemented an FFATA policy handbook to ensure awareness of the filing timing requirements. This handbook has been included in the Organization's Grant Award checklist for all federal grant awards.
Finding 2023-002
Assistance Listing Number, Federal Agency, and Program Name – 11.307, U.S. Department of Commerce, Economic Development Cluster Finding Type – Material weakness and material noncompliance with laws and regulations Repeat Finding - No Criteria – According to Public Law 109 Number 109-282, the prime recipient is required to file a Federal Funding Accountability and Transparency Act (FFATA) sub-award report by the end of the month following the month in which the prime recipient awards any sub-grant greater than or equal to $30,000. Condition - The Organization did not have controls in place to ensure required FFATA reports were submitted in the period of time required. Questioned Costs - None Context – The Organization is a prime recipient and had seven subrecipients in the current year. However, the Organization did not submit the required FFATA reports in the period of time required. The following table summarizes the transactions examined and the non-compliance identified: See the Schedule of Findings and Questioned Costs for chart/table Cause and Effect - There was a lack of appropriate controls to ensure the required FFATA reports were submitted and this caused a delay in the submission of the reports. Recommendation - We recommend the Organization implement controls to ensure all of the required reports are submitted. Views of Responsible Officials and Corrective Action Plan - The subrecipient organizations and the amounts of each sub-award were included in the grant application. The subrecipents were listed in the Organization’s Prime award Specific Terms and Conditions. The organization has implemented an FFATA policy handbook to ensure awareness of the filing timing requirements. This handbook has been included in the Organization's Grant Award checklist for all federal grant awards.
Finding 2023-002
Assistance Listing Number, Federal Agency, and Program Name – 11.307, U.S. Department of Commerce, Economic Development Cluster Finding Type – Material weakness and material noncompliance with laws and regulations Repeat Finding - No Criteria – According to Public Law 109 Number 109-282, the prime recipient is required to file a Federal Funding Accountability and Transparency Act (FFATA) sub-award report by the end of the month following the month in which the prime recipient awards any sub-grant greater than or equal to $30,000. Condition - The Organization did not have controls in place to ensure required FFATA reports were submitted in the period of time required. Questioned Costs - None Context – The Organization is a prime recipient and had seven subrecipients in the current year. However, the Organization did not submit the required FFATA reports in the period of time required. The following table summarizes the transactions examined and the non-compliance identified: See the Schedule of Findings and Questioned Costs for chart/table Cause and Effect - There was a lack of appropriate controls to ensure the required FFATA reports were submitted and this caused a delay in the submission of the reports. Recommendation - We recommend the Organization implement controls to ensure all of the required reports are submitted. Views of Responsible Officials and Corrective Action Plan - The subrecipient organizations and the amounts of each sub-award were included in the grant application. The subrecipents were listed in the Organization’s Prime award Specific Terms and Conditions. The organization has implemented an FFATA policy handbook to ensure awareness of the filing timing requirements. This handbook has been included in the Organization's Grant Award checklist for all federal grant awards.
Finding 2023-002
Assistance Listing Number, Federal Agency, and Program Name – 11.307, U.S. Department of Commerce, Economic Development Cluster Finding Type – Material weakness and material noncompliance with laws and regulations Repeat Finding - No Criteria – According to Public Law 109 Number 109-282, the prime recipient is required to file a Federal Funding Accountability and Transparency Act (FFATA) sub-award report by the end of the month following the month in which the prime recipient awards any sub-grant greater than or equal to $30,000. Condition - The Organization did not have controls in place to ensure required FFATA reports were submitted in the period of time required. Questioned Costs - None Context – The Organization is a prime recipient and had seven subrecipients in the current year. However, the Organization did not submit the required FFATA reports in the period of time required. The following table summarizes the transactions examined and the non-compliance identified: See the Schedule of Findings and Questioned Costs for chart/table Cause and Effect - There was a lack of appropriate controls to ensure the required FFATA reports were submitted and this caused a delay in the submission of the reports. Recommendation - We recommend the Organization implement controls to ensure all of the required reports are submitted. Views of Responsible Officials and Corrective Action Plan - The subrecipient organizations and the amounts of each sub-award were included in the grant application. The subrecipents were listed in the Organization’s Prime award Specific Terms and Conditions. The organization has implemented an FFATA policy handbook to ensure awareness of the filing timing requirements. This handbook has been included in the Organization's Grant Award checklist for all federal grant awards.