FAC Explorer

Audit 345031

FY End
2024-06-30
Total Expended
$2.88M
Findings
2
Programs
2
Organization: United Ways of Iowa (IA)
Year: 2024 Accepted: 2025-03-06
Auditor: Denman CPA LLP

Organization Exclusion Status:

Findings

ID Ref Severity Repeat Requirement
525868 2024-001 Significant Deficiency - L
1102310 2024-001 Significant Deficiency - L

Programs

ALN Program Spent Major Findings
21.019 Coronavirus Relief Fund $2.09M Yes 1
94.006 Americorps State and National 94.006 $777,847 Yes 0

Contacts

Name Title Type
GER6GZFG3171 Kelli Soyer Auditee
5159715286 Robert Endriss Auditor
No contacts on file

Notes to SEFA

Title: NOTE A BASIS OF PRESENTATION Accounting Policies: NOTE B SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Expenditures reported in the schedule are reported on the accrual basis of accounting. Such expenditures are recognized following, as applicable, either the cost principles in OMB Circular A-87, Cost Principles for State, Local and Indian Tribal Governments, or the cost principles contained in the Uniform Guidance, wherein certain types of expenditures are not allowable or are limited as to reimbursement. De Minimis Rate Used: Y Rate Explanation: The Organization has elected to use the 10% de minimus indirect cost rate as allowed under the Uniform Guidance. The accompanying schedule of expenditures of federal awards includes the federal award activity of United Ways of Iowa (the Organization) under programs of the federal government for the year ended June 30, 2024. 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 the Organization it is not intended to and does not present the financial position, change in net assets, or cash flows of the Organization

Finding Details

Finding 2024-001
Significant Deficiency in Internal Control and Instance of Noncompliance Assistance Listing Number 21.019 – Coronavirus Relief Fund U.S. Department of Treasury Criteria The federal program requirements required the grant recipient to submit to the grantor a one-time financial report and quarterly performance measure reports within 30 days after each quarter to the end of the reporting period. Condition For the one-time financial report selected for testing, the report was never filed with the grantor agency. For one of three quarterly performance measure reports selected for testing, the report was never filed with the grantor agency. Cause Internal processes of the Organization did not require staff to retain a schedule of grant reports submitted and those remaining to be submitted. Turnover within the Organization resulted in staff being unaware of the reporting requirement. Effect The Organization did not comply with the reporting requirements of the grant award. Recommendation Management should investigate opportunities to develop a comprehensive schedule of grant financial reporting requirements. Management should delegate responsibilities for completing these reports to appropriate personnel and monitor the completeness of the assignments.
Finding 2024-001
Significant Deficiency in Internal Control and Instance of Noncompliance Assistance Listing Number 21.019 – Coronavirus Relief Fund U.S. Department of Treasury Criteria The federal program requirements required the grant recipient to submit to the grantor a one-time financial report and quarterly performance measure reports within 30 days after each quarter to the end of the reporting period. Condition For the one-time financial report selected for testing, the report was never filed with the grantor agency. For one of three quarterly performance measure reports selected for testing, the report was never filed with the grantor agency. Cause Internal processes of the Organization did not require staff to retain a schedule of grant reports submitted and those remaining to be submitted. Turnover within the Organization resulted in staff being unaware of the reporting requirement. Effect The Organization did not comply with the reporting requirements of the grant award. Recommendation Management should investigate opportunities to develop a comprehensive schedule of grant financial reporting requirements. Management should delegate responsibilities for completing these reports to appropriate personnel and monitor the completeness of the assignments.