FAC Explorer

Audit 367468

FY End
2024-12-31
Total Expended
$10.19M
Findings
2
Programs
3
Organization: Givedirectly, INC (NY)
Year: 2024 Accepted: 2025-09-25
Auditor: Cbiz CPAS PC

Organization Exclusion Status:

Findings

ID Ref Severity Repeat Requirement
1155245 2024-002 Material Weakness Yes P
1155246 2024-002 Material Weakness Yes P

Programs

ALN Program Spent Major Findings
93.558 Temporary Assistance for Needy Families $624,280 Yes 1
21.027 Coronavirus State and Local Fiscal Recovery Funds $606,381 Yes 0
98.001 Usaid Foreign Assistance for Programs Overseas $387,710 Yes 0

Contacts

Name Title Type
SUZLKRPRJ1K5 Daniel Obus Auditee
6465044837 Gery Ivanova Auditor
No contacts on file

Notes to SEFA

The accompanying schedule of expenditures of federal awards (SEFA) includes the federal award activity of GiveDirectly under programs of the federal government for the year ended December 31, 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 GiveDirectly, it is not intended to and does not present the financial position, changes in net assets, or cash flows of GiveDirectly.

Finding Details

Finding 2024-002
Finding No. 2024-002: Improper Preparation of the Schedule of Expenditures of Federal Awards – Material Weakness in Internal Control over Compliance Agency U.S. Department of Health and Human Services ALN 93.558 Federal Award Identification Number RC116558 – GD and RC117294 - GD Criteria Federal awards that identify an Assistance Listing Number (ALN) must record expenditures related to the awards and included on the Schedule of Expenditures of Federal Awards (SEFA) in the year that GiveDirectly incurred the eligible expenditures. Condition The organization did not properly identify two awards that should have been included on the SEFA. Cause Internal controls were not designed effectively to ensure that the SEFA was complete. Effect The SEFA was understated by $2,707,604 which could impact major program determinations and required coverage to be tested. Recommendation We recommend that GiveDirectly enhance its internal controls related to the review of completeness to ensure that the SEFA is complete. Views of Responsible Officials and Planned Corrective Actions See corrective action plan.
Finding 2024-002
Finding No. 2024-002: Improper Preparation of the Schedule of Expenditures of Federal Awards – Material Weakness in Internal Control over Compliance Agency U.S. Department of Health and Human Services ALN 93.558 Federal Award Identification Number RC116558 – GD and RC117294 - GD Criteria Federal awards that identify an Assistance Listing Number (ALN) must record expenditures related to the awards and included on the Schedule of Expenditures of Federal Awards (SEFA) in the year that GiveDirectly incurred the eligible expenditures. Condition The organization did not properly identify two awards that should have been included on the SEFA. Cause Internal controls were not designed effectively to ensure that the SEFA was complete. Effect The SEFA was understated by $2,707,604 which could impact major program determinations and required coverage to be tested. Recommendation We recommend that GiveDirectly enhance its internal controls related to the review of completeness to ensure that the SEFA is complete. Views of Responsible Officials and Planned Corrective Actions See corrective action plan.