FAC Explorer

Audit 369359

FY End
2024-12-31
Total Expended
$798,214
Findings
1
Programs
2
Organization: Caring Cross, Inc. (MD)
Year: 2024 Accepted: 2025-09-30
Auditor: Rubino & Company Chartered

Organization Exclusion Status:

Findings

ID Ref Severity Repeat Requirement
1157047 2024-002 Material Weakness Yes L

Programs

ALN Program Spent Major Findings
11.619 Arrangements for Interdisciplinary Research Infrastructure $735,281 Yes 1
93.855 Allergy and Infectious Diseases Research $62,933 Yes 0

Contacts

Name Title Type
T86HH3K1RXL1 Nikel Davis Auditee
7038513563 Dawit Negari Auditor
No contacts on file

Notes to SEFA

The accompanying schedule of expenditures of federal awards (the Schedule) includes the federal grant activity of 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 the Organization, it is not intended to and does not present the financial position, changes in net assets, or cash flows of the Organization.
The allowability of certain costs under government grants is subject to audit by the contracting agency. Certain indirect costs charged to grants are subject to revisions based on government audits of those costs. Management believes that grant costs are consistent with applicable government cost principles, and costs subsequently disallowed, if any, upon audit by the government would not be material.

Finding Details

Finding 2024-002
Finding Number: 2024-002; Instance of Non-compliance: Reporting; Assistance Listing # 11.619; Questioned Cost: $0 Criteria: According to 2 CFR 200.501, a non-federal entity that expends $750,000 or more in federal awards in a fiscal year is required to have a Single Audit conducted and submit the reporting package to the Federal Audit Clearinghouse within nine months after the end of the entity’s fiscal year. Condition: The Organization expended more than $750,000 in federal awards during the fiscal years ended December 31, 2022 and December 31, 2023, but did not have Single Audits performed for those periods. The Organization engaged us only to perform a Single Audit for the year ended December 31, 2024. Context: This is a condition identified based on inquiries with Management and review of grant agreements. Cause: Management did not adequately monitor the federal audit requirements and did not engage auditors timely to conduct Single Audits for the prior two fiscal years. Effect: The Organization was not in compliance with 2 CFR 200.501, and did not submit required reporting packages to the Federal Audit Clearinghouse for fiscal years 2022 and 2023. Identification of a Repeat Finding: This is not a repeat finding. Recommendation: We recommend the Organization establish procedures to monitor annual federal award expenditures and ensure timely compliance with Single Audit requirements, including engaging auditors and submitting required reporting packages within regulatory deadlines. The Organization should also communicate with its federal awarding agencies to determine appropriate corrective actions related to the missed audits. Views of Responsible Officials: The Organization concurs with the finding. Management is committed to strengthening compliance oversight and ensuring that all future Single Audit requirements are met in a timely manner. The Organization has developed corrective actions plan and is in the process of implementing corrective actions based on auditors’ recommendations. Responsible Official: Nikel Davis, Director of Accounting Anticipated Completion Date: October 15, 2025