FAC Explorer

Audit 322785

FY End
2023-12-31
Total Expended
$1.85M
Findings
2
Programs
1
Organization: Jobs for America's Graduates (VA)
Year: 2023 Accepted: 2024-09-30
Auditor: Forvis Mazars LLP

Organization Exclusion Status:

Findings

ID Ref Severity Repeat Requirement
499881 2023-002 Significant Deficiency - L
1076323 2023-002 Significant Deficiency - L

Programs

ALN Program Spent Major Findings
17.261 Workforce Pathways for Youth $1.85M Yes 1

Contacts

Name Title Type
PWXNJTHBEMK7 Katherine Travis Auditee
7036849479 Tamara Vineyard Auditor
No contacts on file

Notes to SEFA

Title: Summary of Significant Accounting Policies Accounting Policies: The accompanying schedule of expenditures of federal awards (the “Schedule”) includes the federal award activity of Jobs for America’s Graduates, Inc. under programs of the federal government for the year ended December 31, 2023. The information in this 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 (Uniform Guidance). Because the Schedule presents only a selected portion of the operations of Jobs for America’s Graduates, Inc, it is not intended to and does not present the financial position, changes in net assets, or cash flows of Jobs for America’s Graduates, Inc. De Minimis Rate Used: Y Rate Explanation: The auditee used the de minimus cost rate. Expenditures reported on the Schedule 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 are limited as to reimbursement. Negative amounts shown on the Schedule, if any, represent adjustments or credits made in the normal course of business to amounts reported as expenditures in prior years.
Title: Indirect Cost Rate Accounting Policies: The accompanying schedule of expenditures of federal awards (the “Schedule”) includes the federal award activity of Jobs for America’s Graduates, Inc. under programs of the federal government for the year ended December 31, 2023. The information in this 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 (Uniform Guidance). Because the Schedule presents only a selected portion of the operations of Jobs for America’s Graduates, Inc, it is not intended to and does not present the financial position, changes in net assets, or cash flows of Jobs for America’s Graduates, Inc. De Minimis Rate Used: Y Rate Explanation: The auditee used the de minimus cost rate. Jobs for America’s Graduates, Inc. has elected to use the 10 percent de minimis indirect cost rate allowed under the Uniform Guidance.
Title: Contingency Accounting Policies: The accompanying schedule of expenditures of federal awards (the “Schedule”) includes the federal award activity of Jobs for America’s Graduates, Inc. under programs of the federal government for the year ended December 31, 2023. The information in this 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 (Uniform Guidance). Because the Schedule presents only a selected portion of the operations of Jobs for America’s Graduates, Inc, it is not intended to and does not present the financial position, changes in net assets, or cash flows of Jobs for America’s Graduates, Inc. De Minimis Rate Used: Y Rate Explanation: The auditee used the de minimus cost rate. The grant revenue amounts received and expenses are subject to audit and adjustment. If any expenditures are disallowed by the grantor as a result of such an audit, any claim for reimbursement to the grantor would become a liability of the Organization. In the opinion of management, all grant expenditures are materially in compliance with the terms of the grant agreements and applicable federal and state laws and regulations.
Title: Loan Programs Accounting Policies: The accompanying schedule of expenditures of federal awards (the “Schedule”) includes the federal award activity of Jobs for America’s Graduates, Inc. under programs of the federal government for the year ended December 31, 2023. The information in this 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 (Uniform Guidance). Because the Schedule presents only a selected portion of the operations of Jobs for America’s Graduates, Inc, it is not intended to and does not present the financial position, changes in net assets, or cash flows of Jobs for America’s Graduates, Inc. De Minimis Rate Used: Y Rate Explanation: The auditee used the de minimus cost rate. The organization does not have any outstanding loan programs.

Finding Details

Finding 2023-002
Department of Labor Workforce Pathways for Youth, Federal Assistance Listing Number 17.261 Type of Finding: Significant Deficiency in Internal Control over Compliance and Compliance with Federal Awards Criteria: The Organization should have effective internal controls in place over the submission of FFATA per 2 CFR 200.332. Condition: During the FY2023 Audit, it was noted that the Organization did not submit the necessary FFATA reports. It was noted that the FFATA was completed on August 28, 2024. Context: The Organization did not submit FFATA reports within the required time period for any of their subrecipients. Questioned Costs: N/A Cause/Effect: FFATA report was not submitted within the required time period due to management unintentionally overlooked the requirement as the hiring of the Director of Grants and Compliance during 2023 was subsequent to the execution of the subrecipient agreement and thus the Organization is not in compliance with the grant. Identification of Repeat Finding: N/A Recommendation: The Organization should ensure that it has controls in place to monitor compliance with FFATA reporting. Views of responsible officials and planned corrective actions: Management's response is reported in "Management's Views and Corrective Action Plan" included at the end of this report.
Finding 2023-002
Department of Labor Workforce Pathways for Youth, Federal Assistance Listing Number 17.261 Type of Finding: Significant Deficiency in Internal Control over Compliance and Compliance with Federal Awards Criteria: The Organization should have effective internal controls in place over the submission of FFATA per 2 CFR 200.332. Condition: During the FY2023 Audit, it was noted that the Organization did not submit the necessary FFATA reports. It was noted that the FFATA was completed on August 28, 2024. Context: The Organization did not submit FFATA reports within the required time period for any of their subrecipients. Questioned Costs: N/A Cause/Effect: FFATA report was not submitted within the required time period due to management unintentionally overlooked the requirement as the hiring of the Director of Grants and Compliance during 2023 was subsequent to the execution of the subrecipient agreement and thus the Organization is not in compliance with the grant. Identification of Repeat Finding: N/A Recommendation: The Organization should ensure that it has controls in place to monitor compliance with FFATA reporting. Views of responsible officials and planned corrective actions: Management's response is reported in "Management's Views and Corrective Action Plan" included at the end of this report.