FAC Explorer

Audit 330278

FY End
2023-12-31
Total Expended
$11.71M
Findings
2
Programs
4
Organization: Journalism Development Network, Inc. (DC)
Year: 2023 Accepted: 2024-12-02
Auditor: Gelman Rosenberg & Freedman

Organization Exclusion Status:

Findings

ID Ref Severity Repeat Requirement
512482 2023-001 Significant Deficiency - M
1088924 2023-001 Significant Deficiency - M

Programs

ALN Program Spent Major Findings
98.001 Strengthening Transparency and Accountability Through Investigative Reporting in Europe and Eurasia $5.75M Yes 1
19.705 Trans-National Crime $615,189 - 0
19.108 Bureau of South and Central Asian Affairs $261,926 - 0
19.345 International Programs to Support Democracy, Human Rights and Labor $82,767 - 0

Contacts

Name Title Type
G9HHRKW3M575 Deniz Sarkinovic Auditee
3873356004 James Larson Auditor
No contacts on file

Notes to SEFA

Title: Note 1. Basis of Presentation Accounting Policies: Expenditures reported on the Schedule are reported on the accrual basis of accounting. De Minimis Rate Used: N Rate Explanation: 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 (Uniform Guidance) wherein certain types of expenditures are not allowable or are limited as to reimbursement. JDN has elected not to use the 10-percent de minimis indirect cost rate as allowed under Uniform Guidance. The accompanying Schedule of Expenditures of Federal Awards (the Schedule) includes the Federal award activity of the Journalism Development Network (JDN) 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). The Schedule presents only a selected portion of the operations of JDN; accordingly, it is not intended to and does not present the financial position, changes in net assets or cash flows of JDN.
Title: Note 2. Summary of Significant Accounting Policies Accounting Policies: Expenditures reported on the Schedule are reported on the accrual basis of accounting. De Minimis Rate Used: N Rate Explanation: 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 (Uniform Guidance) wherein certain types of expenditures are not allowable or are limited as to reimbursement. JDN has elected not to use the 10-percent de minimis indirect cost rate as allowed under Uniform Guidance. Expenditures reported on the Schedule are reported on the 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 (Uniform Guidance) wherein certain types of expenditures are not allowable or are limited as to reimbursement. JDN has elected not to use the 10-percent de minimis indirect cost rate as allowed under Uniform Guidance.

Finding Details

Finding 2023-001
Finding 2023-001: Subrecipient Reporting Federal Programs: Assistance Listing Number #98.001 Criteria: As noted in 2 CFR Part 170, recipients (i.e., direct recipients) of grants or cooperative agreements who make first tier subawards of $30,000 or more are required to register in the Federal Funding Accountability and Transparency Act Subaward Reporting System (FSRS) and report subaward data through FSRS. Condition: JDN did not register their subawards in FSRS. Cause: JDN did not apply the latest compliance supplement issued by the Office of Management and Budget regarding subaward reporting requirements in FSRS. Effect or Potential Effect: JDN failed to provide the required reporting on subrecipients within FSRS in compliance with the Uniform Guidance. Questioned Costs: None noted. Context: JDN did not register subawards in excess of $30,000 with FSRS. Identification as a Repeat Finding, if Applicable: Not applicable. Recommendation: We recommend that JDN update its policies and procedures to ensure all first tier subawards in excess of $30,000 are accurately and timely registered in FSRS and JDN should ensure subawards are reported in FSRS within the required time-frame.
Finding 2023-001
Finding 2023-001: Subrecipient Reporting Federal Programs: Assistance Listing Number #98.001 Criteria: As noted in 2 CFR Part 170, recipients (i.e., direct recipients) of grants or cooperative agreements who make first tier subawards of $30,000 or more are required to register in the Federal Funding Accountability and Transparency Act Subaward Reporting System (FSRS) and report subaward data through FSRS. Condition: JDN did not register their subawards in FSRS. Cause: JDN did not apply the latest compliance supplement issued by the Office of Management and Budget regarding subaward reporting requirements in FSRS. Effect or Potential Effect: JDN failed to provide the required reporting on subrecipients within FSRS in compliance with the Uniform Guidance. Questioned Costs: None noted. Context: JDN did not register subawards in excess of $30,000 with FSRS. Identification as a Repeat Finding, if Applicable: Not applicable. Recommendation: We recommend that JDN update its policies and procedures to ensure all first tier subawards in excess of $30,000 are accurately and timely registered in FSRS and JDN should ensure subawards are reported in FSRS within the required time-frame.