FAC Explorer

Audit 328963

FY End
2023-12-31
Total Expended
$1.16M
Findings
4
Programs
5
Organization: Alliance of Border Collaboratives, Inc. (TX)
Year: 2023 Accepted: 2024-11-19
Auditor: Peña Briones McDaniel & CO

Organization Exclusion Status:

Findings

ID Ref Severity Repeat Requirement
508358 2023-002 Material Weakness - L
508359 2023-002 Material Weakness - L
1084800 2023-002 Material Weakness - L
1084801 2023-002 Material Weakness - L

Programs

ALN Program Spent Major Findings
93.568 Low-Income Home Energy Assistance $376,080 Yes 1
14.239 Home Investment Partnerships Program $154,329 - 0
93.879 Medical Library Assistance $29,965 - 0
14.252 Section 4 Capacity Building for Community Development and Affordable Housing $16,719 - 0
93.426 The National Cardiovascular Health Program $16,507 - 0

Contacts

Name Title Type
NX2JQ6SFTEK6 Miguel Chacon Auditee
9155842875 Rene Peña Auditor
No contacts on file

Notes to SEFA

Title: 1. BASIS OF PRESENTATION Accounting Policies: The accompanying Schedule of Expenditures of Federal Awards includes the federal grant activity of Alliance of Border Collaboratives, Inc. (a nonprofit organization) and is presented on the accrual basis of accounting. The information in this schedule 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 differ from amounts presented in, or used in the preparation of, the basic financial statements. De Minimis Rate Used: Y Rate Explanation: The Organization has elected not to use the 10 percent de minimis indirect cost rate allowed under the Uniform Guidance. The accompanying Schedule of Expenditures of Federal and State Awards includes the federal and state grant activity of the Center Against Sexual and Family Violence, (a non-profit organization), and is presented on the accrual basis of accounting. The information in this schedule is presented in accordance with the requirements of Title 2 U.S. Code of Federal Regulations 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance), and Texas Grant Management Standards. Therefore, some amounts presented in this schedule may differ from amounts presented in, or used in the preparation of, the basic financial statements.
Title: 2. INDIRECT COST RATE Accounting Policies: The accompanying Schedule of Expenditures of Federal Awards includes the federal grant activity of Alliance of Border Collaboratives, Inc. (a nonprofit organization) and is presented on the accrual basis of accounting. The information in this schedule 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 differ from amounts presented in, or used in the preparation of, the basic financial statements. De Minimis Rate Used: Y Rate Explanation: The Organization has elected not to use the 10 percent de minimis indirect cost rate allowed under the Uniform Guidance. The Organization has elected not to use the 10 percent de minimis indirect cost rate allowed under the Uniform Guidance.
Title: 3. CONTINGENCIES Accounting Policies: The accompanying Schedule of Expenditures of Federal Awards includes the federal grant activity of Alliance of Border Collaboratives, Inc. (a nonprofit organization) and is presented on the accrual basis of accounting. The information in this schedule 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 differ from amounts presented in, or used in the preparation of, the basic financial statements. De Minimis Rate Used: Y Rate Explanation: The Organization has elected not to use the 10 percent de minimis indirect cost rate allowed under the Uniform Guidance. The Organization had in effect for the fiscal year December 31, 2023, the following insurance coverage: General liability Errors and Omissions $2,000,000 $1,000,000

Finding Details

Finding 2023-002
Criteria: In accordance with 2 U.S. Code of Federal Regulation (CFR) 200.512, the Organization must submit its single audit reporting package and data collection form to the Federal Audit Clearinghouse (FAC) no later than 30 days after the date of its audited financial statements or 9 months after the fiscal year end, whichever occurs earlier. Condition and Context: The federal reporting deadline for the Organization's December 31, 2023 reporting package was September 30, 2024; however, the organization did not issue its single audit reporting package until November 2024. Effect: Late filing has resulted in noncompliance with timely submission of financial information to grantor agencies. Cause: The Organization did not have adequate procedures to ensure a timely filing process so that it can submit its single audit reporting package to the FAC no later than nine months after fiscal-year end. Recommendation: The organization should improve its financial reporting process so that it can submit its single audit reporting package to the F AC no later than nine months after the fiscal year end. Management Response: Refer to corrective action plan.
Finding 2023-002
Criteria: In accordance with 2 U.S. Code of Federal Regulation (CFR) 200.512, the Organization must submit its single audit reporting package and data collection form to the Federal Audit Clearinghouse (FAC) no later than 30 days after the date of its audited financial statements or 9 months after the fiscal year end, whichever occurs earlier. Condition and Context: The federal reporting deadline for the Organization's December 31, 2023 reporting package was September 30, 2024; however, the organization did not issue its single audit reporting package until November 2024. Effect: Late filing has resulted in noncompliance with timely submission of financial information to grantor agencies. Cause: The Organization did not have adequate procedures to ensure a timely filing process so that it can submit its single audit reporting package to the FAC no later than nine months after fiscal-year end. Recommendation: The organization should improve its financial reporting process so that it can submit its single audit reporting package to the F AC no later than nine months after the fiscal year end. Management Response: Refer to corrective action plan.
Finding 2023-002
Criteria: In accordance with 2 U.S. Code of Federal Regulation (CFR) 200.512, the Organization must submit its single audit reporting package and data collection form to the Federal Audit Clearinghouse (FAC) no later than 30 days after the date of its audited financial statements or 9 months after the fiscal year end, whichever occurs earlier. Condition and Context: The federal reporting deadline for the Organization's December 31, 2023 reporting package was September 30, 2024; however, the organization did not issue its single audit reporting package until November 2024. Effect: Late filing has resulted in noncompliance with timely submission of financial information to grantor agencies. Cause: The Organization did not have adequate procedures to ensure a timely filing process so that it can submit its single audit reporting package to the FAC no later than nine months after fiscal-year end. Recommendation: The organization should improve its financial reporting process so that it can submit its single audit reporting package to the F AC no later than nine months after the fiscal year end. Management Response: Refer to corrective action plan.
Finding 2023-002
Criteria: In accordance with 2 U.S. Code of Federal Regulation (CFR) 200.512, the Organization must submit its single audit reporting package and data collection form to the Federal Audit Clearinghouse (FAC) no later than 30 days after the date of its audited financial statements or 9 months after the fiscal year end, whichever occurs earlier. Condition and Context: The federal reporting deadline for the Organization's December 31, 2023 reporting package was September 30, 2024; however, the organization did not issue its single audit reporting package until November 2024. Effect: Late filing has resulted in noncompliance with timely submission of financial information to grantor agencies. Cause: The Organization did not have adequate procedures to ensure a timely filing process so that it can submit its single audit reporting package to the FAC no later than nine months after fiscal-year end. Recommendation: The organization should improve its financial reporting process so that it can submit its single audit reporting package to the F AC no later than nine months after the fiscal year end. Management Response: Refer to corrective action plan.