FAC Explorer

Audit 372870

FY End
2024-06-30
Total Expended
$9.32M
Findings
1
Programs
7
Organization: Franklin-Vance-Warren Opportunity, INC (NC)
Year: 2024 Accepted: 2025-12-03
Auditor: TPO CPA PLLC

Organization Exclusion Status:

Findings

ID Ref Severity Repeat Requirement
1163360 2024-002 Material Weakness Yes L

Programs

ALN Program Spent Major Findings
93.600 HEAD START $3.97M Yes 0
14.871 SECTION 8 HOUSING CHOICE VOUCHERS $3.46M Yes 1
93.568 LOW-INCOME HOME ENERGY ASSISTANCE $760,454 Yes 0
93.569 COMMUNITY SERVICES BLOCK GRANT $440,426 Yes 0
10.558 CHILD AND ADULT CARE FOOD PROGRAM $371,967 Yes 0
81.042 WEATHERIZATION ASSISTANCE FOR LOW-INCOME PERSONS $226,250 Yes 0
10.351 RURAL BUSINESS DEVELOPMENT GRANT $86,956 Yes 0

Contacts

Name Title Type
N3G9NE29S8R4 Felicia Gregory Auditee
2524920161 Peter Oke-Bello Auditor
No contacts on file

Notes to SEFA

BASIS OF PRESENTATION
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
INDIRECT COST
EXPENDITURES RELATED TO SUBSIDIARY

Finding Details

Finding 2024-002
THE ORGANIZATION DOES NOT APPEAR TO HAVE SUBMITTED ITS UNAUDITED AND AUDITED FINANCIAL INDORMATION AS REQUIRED WITHIN A SPECIFIED TIMELINE - AUGUST 31, 2024 FOR ITS UNAUDITED AND MARCH 31, 2025 FOR ITS AUDITED FINANCIAL DATA.