FAC Explorer

Audit 321096

FY End
2023-12-31
Total Expended
$1.24M
Findings
2
Programs
3
Organization: March of Dimes INC (VA)
Year: 2023 Accepted: 2024-09-26
Auditor: Grant Thornton LLP

Organization Exclusion Status:

Findings

ID Ref Severity Repeat Requirement
498368 2023-001 Significant Deficiency Yes I
1074810 2023-001 Significant Deficiency Yes I

Programs

ALN Program Spent Major Findings
93.421 Strengthening Public Health Systems and Services Through National Partnerships to Improve and Protect the Nation's Health $1.06M Yes 1
93.994 Maternal and Child Health Block Grant to the States, North Carolina Chapter $167,826 - 0
93.110 Maternal and Child Health Federal Consolidated Programs $4,071 - 0

Contacts

Name Title Type
C1MWG72JUMM1 Susan Howard Auditee
5712573160 Nicholas Lazzaruolo Auditor
No contacts on file

Notes to SEFA

Title: NOTE 1 - BASIS OF PRESENTATION Accounting Policies: The accompanying schedule of expenditures of federal awards for the years ended December 31, 2023 (the Schedule) present expenditures of March of Dimes Inc. (the Organization) charged to federal awards programs. The information in this schedule is presented on the accrual basis of accounting and is 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 (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 financial position, changes in net assets, or cash flows of the Organization. De Minimis Rate Used: N Rate Explanation: The Organization did not utilize the 10% de minimis indirect cost rate described in 2 CFR 200.414, Indirect (F&A) Costs of the Uniform Guidance. The accompanying schedule of expenditures of federal awards for the years ended December 31, 2023 (the Schedule) present expenditures of March of Dimes Inc. (the Organization) charged to federal awards programs. The information in this schedule is presented on the accrual basis of accounting and is 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 (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 financial position, changes in net assets, or cash flows of the Organization. The Organization has not elected to use the 10% de minimis cost rate allowed under Uniform Guidance.

Finding Details

Finding 2023-001
Criteria: In accordance with Title 2 CFR Part 200.318, the Organization must maintain records to document the history of procurement of a vendor. Records include, but are not limited to, rationale for the method of procurement, selection of contract type, contractor selection or rejection, and the basis for the contract price. Condition: For two (2) procurements made during fiscal year 2023, approval of the competitive bid analysis was not documented, and the analysis was not maintained with the related purchase order/vendor agreement. For a separate procurement during fiscal year 2023, the suspension and debarment check performed prior to execution of the agreement was not maintained or documented with the related purchase order/vendor agreement. Cause: Documentation supporting the procurement of contractors was not maintained in a logical manner to document the history of procurement. This finding was originally identified as part of the 2022 audit (2022-002) and reoccurred during 2023. Effect: Without appropriate documentation, the Organization may be unable to support whether the procurement of the vendors was performed in accordance with the procurement standards noted in Title 2 CFR Part 200.318. Questioned Costs: N/A Recommendation: Management should develop formal approval and record retention policies as it relates to the documentation pertaining to activities funded by federal awards. Views of Responsible Officials: Refer to Corrective Action Plan.
Finding 2023-001
Criteria: In accordance with Title 2 CFR Part 200.318, the Organization must maintain records to document the history of procurement of a vendor. Records include, but are not limited to, rationale for the method of procurement, selection of contract type, contractor selection or rejection, and the basis for the contract price. Condition: For two (2) procurements made during fiscal year 2023, approval of the competitive bid analysis was not documented, and the analysis was not maintained with the related purchase order/vendor agreement. For a separate procurement during fiscal year 2023, the suspension and debarment check performed prior to execution of the agreement was not maintained or documented with the related purchase order/vendor agreement. Cause: Documentation supporting the procurement of contractors was not maintained in a logical manner to document the history of procurement. This finding was originally identified as part of the 2022 audit (2022-002) and reoccurred during 2023. Effect: Without appropriate documentation, the Organization may be unable to support whether the procurement of the vendors was performed in accordance with the procurement standards noted in Title 2 CFR Part 200.318. Questioned Costs: N/A Recommendation: Management should develop formal approval and record retention policies as it relates to the documentation pertaining to activities funded by federal awards. Views of Responsible Officials: Refer to Corrective Action Plan.