Audit 355253

2023-001 Timely Submission of Single Audit Data Collection Form Criteria: Uniform Guidance requires Organizations that expend $750,000 and greater of federal funds to conduct a single audit and submit the data collection form to the Federal Audit Clearinghouse the earlier of 30 days after receiving the report or nine months after the end of the fiscal year. Condition: The Organization has experienced significant delays in the preparation and issuance of the May 31, 2023, financial statements and its Single Audit required under the Uniform Guidance. Cause: Due to turnover and vacancy in the accounting function positions and changes in the outsourced accounting firm, the Organization’s audit was delayed and the annual single audit report for fiscal year May 31, 2023, was not submitted within the required timeframe. Effect: The failure to submit single audits within the time frame prescribed by Uniform Guidance causes the Organization to be considered a high-risk auditee. In addition, the Organization is required to adhere to strict reporting deadlines set by regulatory bodies, including federal grantors. Failure to meet these deadlines can result in compliance issues and penalties and ultimately jeopardize the renewal of funding. Questioned costs: None Repeat Finding: No Recommendation: Employ the necessary accounting personnel and contract with an experienced accounting firm to ensure the accounting functions and audit are completed within nine months of year end. Response: The Organization agrees with the finding. The Organization has made changes in management of the accounting function and has contracted with a new accounting firm for bookkeeping services. The delinquent audits are being completed as efficiently as possible.

2023-001 Timely Submission of Single Audit Data Collection Form Criteria: Uniform Guidance requires Organizations that expend $750,000 and greater of federal funds to conduct a single audit and submit the data collection form to the Federal Audit Clearinghouse the earlier of 30 days after receiving the report or nine months after the end of the fiscal year. Condition: The Organization has experienced significant delays in the preparation and issuance of the May 31, 2023, financial statements and its Single Audit required under the Uniform Guidance. Cause: Due to turnover and vacancy in the accounting function positions and changes in the outsourced accounting firm, the Organization’s audit was delayed and the annual single audit report for fiscal year May 31, 2023, was not submitted within the required timeframe. Effect: The failure to submit single audits within the time frame prescribed by Uniform Guidance causes the Organization to be considered a high-risk auditee. In addition, the Organization is required to adhere to strict reporting deadlines set by regulatory bodies, including federal grantors. Failure to meet these deadlines can result in compliance issues and penalties and ultimately jeopardize the renewal of funding. Questioned costs: None Repeat Finding: No Recommendation: Employ the necessary accounting personnel and contract with an experienced accounting firm to ensure the accounting functions and audit are completed within nine months of year end. Response: The Organization agrees with the finding. The Organization has made changes in management of the accounting function and has contracted with a new accounting firm for bookkeeping services. The delinquent audits are being completed as efficiently as possible.

2023-001 Timely Submission of Single Audit Data Collection Form Criteria: Uniform Guidance requires Organizations that expend $750,000 and greater of federal funds to conduct a single audit and submit the data collection form to the Federal Audit Clearinghouse the earlier of 30 days after receiving the report or nine months after the end of the fiscal year. Condition: The Organization has experienced significant delays in the preparation and issuance of the May 31, 2023, financial statements and its Single Audit required under the Uniform Guidance. Cause: Due to turnover and vacancy in the accounting function positions and changes in the outsourced accounting firm, the Organization’s audit was delayed and the annual single audit report for fiscal year May 31, 2023, was not submitted within the required timeframe. Effect: The failure to submit single audits within the time frame prescribed by Uniform Guidance causes the Organization to be considered a high-risk auditee. In addition, the Organization is required to adhere to strict reporting deadlines set by regulatory bodies, including federal grantors. Failure to meet these deadlines can result in compliance issues and penalties and ultimately jeopardize the renewal of funding. Questioned costs: None Repeat Finding: No Recommendation: Employ the necessary accounting personnel and contract with an experienced accounting firm to ensure the accounting functions and audit are completed within nine months of year end. Response: The Organization agrees with the finding. The Organization has made changes in management of the accounting function and has contracted with a new accounting firm for bookkeeping services. The delinquent audits are being completed as efficiently as possible.

2023-001 Timely Submission of Single Audit Data Collection Form Criteria: Uniform Guidance requires Organizations that expend $750,000 and greater of federal funds to conduct a single audit and submit the data collection form to the Federal Audit Clearinghouse the earlier of 30 days after receiving the report or nine months after the end of the fiscal year. Condition: The Organization has experienced significant delays in the preparation and issuance of the May 31, 2023, financial statements and its Single Audit required under the Uniform Guidance. Cause: Due to turnover and vacancy in the accounting function positions and changes in the outsourced accounting firm, the Organization’s audit was delayed and the annual single audit report for fiscal year May 31, 2023, was not submitted within the required timeframe. Effect: The failure to submit single audits within the time frame prescribed by Uniform Guidance causes the Organization to be considered a high-risk auditee. In addition, the Organization is required to adhere to strict reporting deadlines set by regulatory bodies, including federal grantors. Failure to meet these deadlines can result in compliance issues and penalties and ultimately jeopardize the renewal of funding. Questioned costs: None Repeat Finding: No Recommendation: Employ the necessary accounting personnel and contract with an experienced accounting firm to ensure the accounting functions and audit are completed within nine months of year end. Response: The Organization agrees with the finding. The Organization has made changes in management of the accounting function and has contracted with a new accounting firm for bookkeeping services. The delinquent audits are being completed as efficiently as possible.