FAC Explorer

Audit 360549

FY End
2024-09-30
Total Expended
$19.16M
Findings
6
Programs
28
Organization: American Farmland Trust (DC)
Year: 2024 Accepted: 2025-06-29
Auditor: Cbiz CPAS PC

Organization Exclusion Status:

Findings

ID Ref Severity Repeat Requirement
568817 2024-002 Material Weakness - L
568818 2024-002 Material Weakness - L
568819 2024-002 Material Weakness - L
1145259 2024-002 Material Weakness - L
1145260 2024-002 Material Weakness - L
1145261 2024-002 Material Weakness - L

Programs

ALN Program Spent Major Findings
10.913 Farm and Ranch Lands Protection Program $4.73M - 0
10.937 Partnerships for Climate-Smart Commodities $1.69M Yes 0
10.234 American Rescue Plan Technical Assistance Investment Program $1.27M Yes 1
10.931 Agricultural Conservation Easement Program $1.15M - 0
10.902 Soil and Water Conservation $464,442 Yes 0
81.U01 Investigate the Economic and Environmental Benefits of Perennial Bioenergy Crops $366,660 - 0
66.475 Geographic Programs – Gulf of Mexico Program $307,497 - 0
81.087 Renewable Energy Research and Development $170,901 - 0
10.001 Agricultural Research Basic and Applied Research $164,600 - 0
10.520 Agriculture Risk Management Education Partnerships Competitive Grants Program $99,557 - 0
10.443 Outreach and Assistance for Socially Disadvantaged and Veteran Farmers and Ranchers $77,385 - 0
10.170 Specialty Crop Block Grant Program - Farm Bill $61,274 - 0
66.456 National Estuary Program $60,495 - 0
66.436 Surveys, Studies, Investigations, Demonstrations, and Training Grants and Cooperative Agreements - Section 104(b)(3) of the Clean Water Act $55,662 - 0
66.437 Geographic Programs – Long Island Sound Program $51,609 - 0
10.215 Sustainable Agriculture Research and Education $38,474 - 0
10.226 Secondary Education, Two-Year Postsecondary Education, and Agriculture in the K-12 Classroom $37,611 - 0
11.431 Climate and Atmospheric Research $23,001 - 0
10.334 Enhancing Agricultural Opportunities for Military Veterans Competitive Grants Program $22,505 - 0
10.147 Outreach Education and Technical Assistance $21,243 - 0
15.808 U.s. Geological Survey Research and Data Collection $15,000 - 0
66.466 Geographic Programs - Chesapeake Bay Program $13,620 - 0
66.485 Support for the Gulf Hypoxia Action Plan $12,423 - 0
10.912 Environmental Quality Incentives Program $12,006 - 0
10.310 Agriculture and Food Research Initiative (afri) $4,225 - 0
10.311 Beginning Farmer and Rancher Development Program $2,973 - 0
10.U01 Promoting the Production of Fruits, Vegetables, Nuts and Herbs $2,774 - 0
10.932 Regional Conservation Partnership Program $207 Yes 1

Contacts

Name Title Type
MT1SDM1Y5R33 Ashley Bovino Auditee
2023781214 Eric Glantz Auditor
No contacts on file

Notes to SEFA

Title: Basis of Presentation Accounting Policies: Expenditures reported on the SEFA are reported on the accrual basis of accounting. Such expenditures are recognized following 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: N Rate Explanation: AFT has elected not to use the 10% de minimis indirect cost rate as allowed under Uniform Guidance. The accompanying schedule of expenditures of federal awards (SEFA) includes the federal award activity of AFT under programs of the federal government for the year ended September 30, 2024. The information on the SEFA 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 SEFA presents only a selected portion of the operations of AFT, it is not intended to and does not present the financial position, changes in net assets, or cash flows of AFT.

Finding Details

Finding 2024-002
Criteria Under the requirements of the Federal Funding Accountability and Transparency Act (FFATA), prime recipients of grants or cooperative agreements are required to report first-tier subawards of $30,000 or more to the Federal Funding Accountability and Transparency Act Subaward Reporting System (FSRS). The prime recipient is required to file a FFATA subaward report by the end of the month following the month in which the prime recipient awards any sub-grant greater than or equal to $30,000. Condition and Context AFT failed to file a FFATA subaward report for its subrecipients for the year ended September 30, 2024 after the AFT awarded its subrecipients with grants more than $30,000. Cause AFT was unaware of the compliance requirement. As a result, there were no written policies or procedures directing employees responsible for compliance reporting to file such reports in a timely basis. Effect AFT was not in compliance with the reporting requirements under the Uniform Guidance. Questioned Cost None, as a reporting compliance finding that is no impact on allowable costs associated with the subawards. Recommendation We recommend that AFT implement procedures and enhance internal controls to ensure appropriate and timely compliance with all applicable federal regulations. Views of Responsible Officials and Planned Corrective Actions See corrective action plan.
Finding 2024-002
Criteria Under the requirements of the Federal Funding Accountability and Transparency Act (FFATA), prime recipients of grants or cooperative agreements are required to report first-tier subawards of $30,000 or more to the Federal Funding Accountability and Transparency Act Subaward Reporting System (FSRS). The prime recipient is required to file a FFATA subaward report by the end of the month following the month in which the prime recipient awards any sub-grant greater than or equal to $30,000. Condition and Context AFT failed to file a FFATA subaward report for its subrecipients for the year ended September 30, 2024 after the AFT awarded its subrecipients with grants more than $30,000. Cause AFT was unaware of the compliance requirement. As a result, there were no written policies or procedures directing employees responsible for compliance reporting to file such reports in a timely basis. Effect AFT was not in compliance with the reporting requirements under the Uniform Guidance. Questioned Cost None, as a reporting compliance finding that is no impact on allowable costs associated with the subawards. Recommendation We recommend that AFT implement procedures and enhance internal controls to ensure appropriate and timely compliance with all applicable federal regulations. Views of Responsible Officials and Planned Corrective Actions See corrective action plan.
Finding 2024-002
Criteria Under the requirements of the Federal Funding Accountability and Transparency Act (FFATA), prime recipients of grants or cooperative agreements are required to report first-tier subawards of $30,000 or more to the Federal Funding Accountability and Transparency Act Subaward Reporting System (FSRS). The prime recipient is required to file a FFATA subaward report by the end of the month following the month in which the prime recipient awards any sub-grant greater than or equal to $30,000. Condition and Context AFT failed to file a FFATA subaward report for its subrecipients for the year ended September 30, 2024 after the AFT awarded its subrecipients with grants more than $30,000. Cause AFT was unaware of the compliance requirement. As a result, there were no written policies or procedures directing employees responsible for compliance reporting to file such reports in a timely basis. Effect AFT was not in compliance with the reporting requirements under the Uniform Guidance. Questioned Cost None, as a reporting compliance finding that is no impact on allowable costs associated with the subawards. Recommendation We recommend that AFT implement procedures and enhance internal controls to ensure appropriate and timely compliance with all applicable federal regulations. Views of Responsible Officials and Planned Corrective Actions See corrective action plan.
Finding 2024-002
Criteria Under the requirements of the Federal Funding Accountability and Transparency Act (FFATA), prime recipients of grants or cooperative agreements are required to report first-tier subawards of $30,000 or more to the Federal Funding Accountability and Transparency Act Subaward Reporting System (FSRS). The prime recipient is required to file a FFATA subaward report by the end of the month following the month in which the prime recipient awards any sub-grant greater than or equal to $30,000. Condition and Context AFT failed to file a FFATA subaward report for its subrecipients for the year ended September 30, 2024 after the AFT awarded its subrecipients with grants more than $30,000. Cause AFT was unaware of the compliance requirement. As a result, there were no written policies or procedures directing employees responsible for compliance reporting to file such reports in a timely basis. Effect AFT was not in compliance with the reporting requirements under the Uniform Guidance. Questioned Cost None, as a reporting compliance finding that is no impact on allowable costs associated with the subawards. Recommendation We recommend that AFT implement procedures and enhance internal controls to ensure appropriate and timely compliance with all applicable federal regulations. Views of Responsible Officials and Planned Corrective Actions See corrective action plan.
Finding 2024-002
Criteria Under the requirements of the Federal Funding Accountability and Transparency Act (FFATA), prime recipients of grants or cooperative agreements are required to report first-tier subawards of $30,000 or more to the Federal Funding Accountability and Transparency Act Subaward Reporting System (FSRS). The prime recipient is required to file a FFATA subaward report by the end of the month following the month in which the prime recipient awards any sub-grant greater than or equal to $30,000. Condition and Context AFT failed to file a FFATA subaward report for its subrecipients for the year ended September 30, 2024 after the AFT awarded its subrecipients with grants more than $30,000. Cause AFT was unaware of the compliance requirement. As a result, there were no written policies or procedures directing employees responsible for compliance reporting to file such reports in a timely basis. Effect AFT was not in compliance with the reporting requirements under the Uniform Guidance. Questioned Cost None, as a reporting compliance finding that is no impact on allowable costs associated with the subawards. Recommendation We recommend that AFT implement procedures and enhance internal controls to ensure appropriate and timely compliance with all applicable federal regulations. Views of Responsible Officials and Planned Corrective Actions See corrective action plan.
Finding 2024-002
Criteria Under the requirements of the Federal Funding Accountability and Transparency Act (FFATA), prime recipients of grants or cooperative agreements are required to report first-tier subawards of $30,000 or more to the Federal Funding Accountability and Transparency Act Subaward Reporting System (FSRS). The prime recipient is required to file a FFATA subaward report by the end of the month following the month in which the prime recipient awards any sub-grant greater than or equal to $30,000. Condition and Context AFT failed to file a FFATA subaward report for its subrecipients for the year ended September 30, 2024 after the AFT awarded its subrecipients with grants more than $30,000. Cause AFT was unaware of the compliance requirement. As a result, there were no written policies or procedures directing employees responsible for compliance reporting to file such reports in a timely basis. Effect AFT was not in compliance with the reporting requirements under the Uniform Guidance. Questioned Cost None, as a reporting compliance finding that is no impact on allowable costs associated with the subawards. Recommendation We recommend that AFT implement procedures and enhance internal controls to ensure appropriate and timely compliance with all applicable federal regulations. Views of Responsible Officials and Planned Corrective Actions See corrective action plan.