FAC Explorer

Audit 372301

FY End
2025-03-31
Total Expended
$1.81M
Findings
3
Programs
6
Organization: The Project of the Quad Cities, Inc. (IL)
Year: 2025 Accepted: 2025-11-18
Auditor: ANDERSON LOWER WHITLOW PC

Organization Exclusion Status:

Findings

ID Ref Severity Repeat Requirement
1162630 2025-001 Material Weakness Yes ABCEGJM
1162631 2025-001 Material Weakness Yes ABCEGJM
1162632 2025-001 Material Weakness Yes ABCEGJM

Programs

ALN Program Spent Major Findings
14.241 HOUSING OPPORTUNITIES FOR PERSONS WITH AIDS $88,363 Yes 0
93.940 HIV PREVENTION ACTIVITIES HEALTH DEPARTMENT BASED $82,669 Yes 0
93.354 PUBLIC HEALTH EMERGENCY RESPONSE: COOPERATIVE AGREEMENT FOR EMERGENCY RESPONSE: PUBLIC HEALTH CRISIS RESPONSE $32,619 Yes 0
93.917 HIV CARE FORMULA GRANTS $16,398 Yes 1
93.136 INJURY PREVENTION AND CONTROL RESEARCH AND STATE AND COMMUNITY BASED PROGRAMS $1,568 Yes 0
93.270 VIRAL HEPATITIS PREVENTION AND CONTROL $1,298 Yes 0

Contacts

Name Title Type
D1BEGNRECK79 Caitlin Wells Auditee
3097625433 Matt Brumfield Auditor
No contacts on file

Notes to SEFA

The accompanying schedule of expenditures of federal awards (the “Schedule”) includes the federal award activity of the Organization under programs of the federal government for the year ended March 31, 2025. The information in this Schedule is presented in accordance with the requirements of Title 2 U.S. Code of Federal Regulations (CFR) Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance). Because the Schedule represents only a selected portion of the operations of the Organization, it is not intended to and does not present the combined financial position, changes in net assets or cash flows of the Organization.
Expenditures reported on the Schedule are reported on the accrual basis of accounting. Such expenditures are recognized following the cost principles in the Uniform Guidance, wherein certain types of expenditures are not allowable or are limited as to reimbursement.
The Organization has elected to use the 10 percent de minimis indirect cost rate as allowed under the Uniform Guidance.
The Organization provides grant funds to various subrecipients in the State of Illinois. Federal financial assistance provided to a subrecipient is treated as an expenditure when it is paid to the subrecipient. The Organization has certain compliance responsibilities with respect to its subrecipients, including monitoring the subrecipients to help ensure they use the sub awards as authorized by law, regulations and the provisions of the grant agreements.
The Organization had no insurance in effect, relating to federal funds, for the year ending March 31, 2025. The Organization had no loans or loan guarantees, relating to federal funds, outstanding at March 31, 2025.

Finding Details

Finding 2025-001
2025–001: Financial Statement Year–End Close Finding: The Organization has insufficient procedures and controls related to their financial statement year–end close process. Criteria: A properly designed system of internal control over financial reporting requires entities to initiate, authorize, record, process and report financial data reliably in accordance with U.S. generally accepted accounting principles. Condition and Context: During the March 31, 2025 audit, there were several year–end account balances that were materially inaccurate and required audit adjustments. Cause: Due to management turnover and other complexities during the year and at year–end, the processes and reconciliations required to provide accurate year–end balances were not performed. Effect: The Organization’s year–end account balances required audit adjustments in order to be materially accurate in accordance with U.S. generally accepted accounting principles. Identification as a Repeat Findings: This is a repeat finding of 2024–01. Recommendation: We recommend that the Organization develop and maintain effective procedures and controls in order to provide accurate year–end account balances. Response and Corrective Action Planned: The Organization will review and implement processes and controls to ensure they provide accurate year–end account balances. Conclusion: Response accepted