FAC Explorer

Audit 369250

FY End
2024-12-31
Total Expended
$863,994
Findings
3
Programs
6
Organization: Future Harvest, Inc. (MD)
Year: 2024 Accepted: 2025-09-30
Auditor: Weyrich Cronin & Sorra

Organization Exclusion Status:

Findings

ID Ref Severity Repeat Requirement
1156908 2024-002 Material Weakness Yes B
1156909 2024-002 Material Weakness Yes B
1156910 2024-002 Material Weakness Yes B

Programs

ALN Program Spent Major Findings
10.443 Outreach and Assistance for Socially Disadvantaged and Veteran Farmers and Ranchers $185,650 Yes 0
10.311 Beginning Farmer and Rancher Development Program $149,502 Yes 0
10.937 Partnerships for Climate-Smart Commodities $89,850 Yes 0
10.216 1890 Institution Capacity Building Grants $26,616 Yes 0
66.466 Geographic Programs - Chesapeake Bay Program $2,689 Yes 1
10.163 Market Protection and Promotion $2,143 Yes 0

Contacts

Name Title Type
YLLSKPJU9MN4 Grace Leatherman Auditee
4104409066 Angeline White Auditor
No contacts on file

Notes to SEFA

The accompanying schedule of expenditures of federal awards (the Schedule) includes the federal award activity of Future Harvest, Inc. (the Organization) under programs of the federal government for the year ended December 31, 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 Future Harvest, Inc., it is not intended to and does not present the financial position, changes in net assets, or cash flows of Future Harvest, Inc.
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, wherein certain types of expenditures are not allowable or are limited as to reimbursement.
Future Harvest, Inc. has not elected to use the 10% de minimis indirect cost rate allowed under the Uniform Guidance.

Finding Details

Finding 2024-002
Support for Employee Reimbursement Transactions – Allowable Costs Criteria: 2 CFR Part 200.403(g) requires that costs should be adequately documented to support the nature and amount of a transaction for such charges to be allowable under federal awards. In addition, 2 CFR Part 200.334 requires recipients to maintain financial records sufficient to show compliance with federal statues, regulations, and terms and conditions of the award. Condition: During our audit we identified certain transactions without adequate documentation. Context: A review of 23 disbursements totaling $90,636 noted 2 requests for mileage reimbursement that were not supported. Cause: Supporting calculations and documents were not obtained from employees requesting mileage reimbursements. Effect: Costs could be deemed unallowable by the awarding agency if not properly substantiated. Questioned Costs: $141 of known costs charged to federal awards without adequate documentation. The estimation of possible additional questioned costs is $1,302. Recommendation: We recommend the Organization reiterate its policy to employees to provide supporting calculations and documents when requesting reimbursement for business expenses prior to making payment. View of Responsible Officials and Planned Corrective Action: We are in agreement with the finding and will reinforce our policies on reimbursements.