FAC Explorer

Audit 372674

FY End
2024-06-30
Total Expended
$19.81M
Findings
24
Programs
6
Organization: Share Food Program, In.c (PA)
Year: 2024 Accepted: 2025-12-01
Auditor: O'CONNELL @ COMPANY LLC

Organization Exclusion Status:

Findings

ID Ref Severity Repeat Requirement
1163110 2024-001 Material Weakness Yes P
1163111 2024-001 Material Weakness Yes P
1163112 2024-001 Material Weakness Yes P
1163113 2024-001 Material Weakness Yes P
1163114 2024-001 Material Weakness Yes P
1163115 2024-001 Material Weakness Yes P
1163116 2024-001 Material Weakness Yes P
1163117 2024-001 Material Weakness Yes P
1163118 2024-001 Material Weakness Yes P
1163119 2024-001 Material Weakness Yes P
1163120 2024-001 Material Weakness Yes P
1163121 2024-001 Material Weakness Yes P
1163122 2024-002 Material Weakness Yes P
1163123 2024-002 Material Weakness Yes P
1163124 2024-002 Material Weakness Yes P
1163125 2024-002 Material Weakness Yes P
1163126 2024-002 Material Weakness Yes P
1163127 2024-002 Material Weakness Yes P
1163128 2024-002 Material Weakness Yes P
1163129 2024-002 Material Weakness Yes P
1163130 2024-002 Material Weakness Yes P
1163131 2024-002 Material Weakness Yes P
1163132 2024-002 Material Weakness Yes P
1163133 2024-002 Material Weakness Yes P

Programs

ALN Program Spent Major Findings
10.569 EMERGENCY FOOD ASSISTANCE PROGRAM (FOOD COMMODITIES) $9.87M Yes 2
10.565 COMMODITY SUPPLEMENTAL FOOD PROGRAM $3.23M Yes 2
10.568 EMERGENCY FOOD ASSISTANCE PROGRAM (ADMINISTRATIVE COSTS) $359,365 Yes 2
14.218 COMMUNITY DEVELOPMENT BLOCK GRANTS/ENTITLEMENT GRANTS $196,260 Yes 2
10.187 THE EMERGENCY FOOD ASSISTANCE PROGRAM (TEFAP) COMMODITY CREDIT CORPORATION ELIGIBLE RECIPIENT FUNDS $182,842 Yes 2
21.027 CORONAVIRUS STATE AND LOCAL FISCAL RECOVERY FUNDS $42,562 Yes 2

Contacts

Name Title Type
JC4HNMH8QFS1 Jim Stewart Auditee
2152232220 Michael Glemser Auditor
No contacts on file

Notes to SEFA

The accompanying schedule of expenditures of federal awards includes the federal award activity of Share Food Program under programs of the federal agencies for the year ended June 30, 2024. 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 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.
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.
Federal awards are reported in the statement of activities as program grant revenue and in-kind contribution. In certain programs, the expenditures reported in the basic financial statements may differ from the expenditures reported in the schedule of federal, state, and local awards due to program expenditures exceeding grant or contract budget limitations, which are not included as federal, state, and local awards, or due to capital expenditures.
The value of nonmonetary assistance in the form of donated goods is reported in the schedule of expenditures of federal awards when distributed based on the value of the goods when received. This value is generally fair value on the date of receipt but may be an assessed value if provided by the Department of AGriculture.
The Organization has not elected to use the 10 percent de minimis indirect cost rate as allowed under the Uniform Guidance.

Finding Details

Finding 2024-001
Finding 2024-001: Internal Control over Preparation of the Schedule of Expenditures of Federal Awards, Assistance Listing Numbers - All Criteria: Per 2 CFR Part 200.510(b): "The auditee must also prepare a Schedule of Expenditures of Federal Awards for the period covered by the auditee's financial statements". The auditee must maintain underlying accounting records used to prepare the Schedule of Expenditures of Federal Awards (SEFA) that tie to the financial statements or a reconciliation that ties to the financial statements, for each individual award. Condition: The Organization failed to provide a complete, accurate Schedule of Expenditures of Federal Awards that reconciled to the financial statements, on a timely basis. Cause: The Organization did not maintain the appropriate underlying records for each individual award necessary to reconcile the expenditures to the financial statements on a timely basis. Effect: This could result in an inaccurate reporting of expenditures that could have a direct and material effect on the financial statements. Recommendation: We recommend management implement policies and procedures in which the Schedule of Expenditures of Federal Awards and underlying records are maintained and reconciled to the financial statements, on a regular basis. Management Response: Share Food has developed procedures and processes to manage, maintain, and reconcilethe financial statements to the schedule of expenditures of federal awards as part of our year end closing procedures. This was implemented, and it is expected that the June 30, 2025 financial reporting package will be timely and accurate.
Finding 2024-002
Finding 2024-02: Material Weakness - Financial Reporting