FAC Explorer

Audit 356226

FY End
2023-12-31
Total Expended
$846,668
Findings
2
Programs
2
Organization: Springboard Collaborative (PA)
Year: 2023 Accepted: 2025-05-14
Auditor: Withum Smith+brown PC

Organization Exclusion Status:

Findings

ID Ref Severity Repeat Requirement
560313 2023-002 Material Weakness - AB
1136755 2023-002 Material Weakness - AB

Programs

ALN Program Spent Major Findings
21.027 Coronavirus State and Local Fiscal Recovery Funds $653,509 Yes 1
84.370 Dc Opportunity Scholarship Program $193,159 - 0

Contacts

Name Title Type
VCDKBDM9GYE5 Amy Chen Auditee
6467275030 Melissa Dunn Auditor
No contacts on file

Notes to SEFA

Title: General Information Accounting Policies: 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. De Minimis Rate Used: N Rate Explanation: The Organization has elected not to use the 10- percent de minimis indirect cost rate as allowed under the Uniform Guidance. The accompanying Schedule of Expenditures of Federal Awards (the “Schedule”) includes the federal award activity of Springboard Collaborative (the “Organization”) under programs of the Federal Government for the year ended December 31, 2023. The information on this Schedule is prepared 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, changes in net assets, or cash flows of the Organization.
Title: BASIS OF ACCOUNTING Accounting Policies: 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. De Minimis Rate Used: N Rate Explanation: The Organization has elected not to use the 10- percent de minimis indirect cost rate as allowed under the 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 the Uniform Guidance.
Title: INDIRECT COSTS Accounting Policies: 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. De Minimis Rate Used: N Rate Explanation: The Organization has elected not to use the 10- percent de minimis indirect cost rate as allowed under the Uniform Guidance. The Organization has elected not to use the 10- percent de minimis indirect cost rate as allowed under the Uniform Guidance.

Finding Details

Finding 2023-002
Major program: Coronavirus State and Local Fiscal Recovery Funds Assistance Listing No. 21.027 Grant period: 10/01/22 – 09/30/24 Finding Type: Noncompliance with the following direct and material compliance requirements and material weakness in internal control over compliance: Activities Allowed and Unallowed Allowable Costs and Cost Principles. Criteria: Uniform Guidance establishes standards for time reporting and labor charges to federal awards. Grantees must comply, requiring all employees paid with federal funds to maintain time and effort reports. Condition and Context: The Organization did not maintain adequate time and effort reports for staff salaries and fringe benefits for all employees who spent less than 100% of their time working on this major program. Cause: Due to staff turnover, management did not maintain proper records for staff time and effort charged to the major program. Effect or Potential Effect: As a result, some of the salaries and fringe benefits charged to the major program may not have been charged properly to the major program. Questioned Costs: Salaries and fringe benefits totaling $247,221, which is the total amount of salaried staff time and effort charged to the major program based on the budget rather than actual hours worked. Recommendation: We recommend that management implement procedures to track and properly record staff time charged to federal grants. Management’s Response: Management is in the process of creating new controls that will allow them to properly track and properly record staff time charged to federal grants. Planned Implementation Date of Corrective Action: January 2025 Person Responsible for Corrective Action: Amy Chen, AVP, Finance
Finding 2023-002
Major program: Coronavirus State and Local Fiscal Recovery Funds Assistance Listing No. 21.027 Grant period: 10/01/22 – 09/30/24 Finding Type: Noncompliance with the following direct and material compliance requirements and material weakness in internal control over compliance: Activities Allowed and Unallowed Allowable Costs and Cost Principles. Criteria: Uniform Guidance establishes standards for time reporting and labor charges to federal awards. Grantees must comply, requiring all employees paid with federal funds to maintain time and effort reports. Condition and Context: The Organization did not maintain adequate time and effort reports for staff salaries and fringe benefits for all employees who spent less than 100% of their time working on this major program. Cause: Due to staff turnover, management did not maintain proper records for staff time and effort charged to the major program. Effect or Potential Effect: As a result, some of the salaries and fringe benefits charged to the major program may not have been charged properly to the major program. Questioned Costs: Salaries and fringe benefits totaling $247,221, which is the total amount of salaried staff time and effort charged to the major program based on the budget rather than actual hours worked. Recommendation: We recommend that management implement procedures to track and properly record staff time charged to federal grants. Management’s Response: Management is in the process of creating new controls that will allow them to properly track and properly record staff time charged to federal grants. Planned Implementation Date of Corrective Action: January 2025 Person Responsible for Corrective Action: Amy Chen, AVP, Finance