FAC Explorer

Audit 390081

FY End
2024-12-31
Total Expended
$1.75M
Findings
2
Programs
1
Organization: Rian Immigrant Center, Inc. (MA)
Year: 2024 Accepted: 2026-03-03
Auditor: NASH CPAS LLC

Organization Exclusion Status:

Findings

ID Ref Severity Repeat Requirement
1176212 2024-001 Material Weakness Yes P
1176213 2024-002 Material Weakness Yes P

Programs

ALN Program Spent Major Findings
21.027 CORONAVIRUS STATE AND LOCAL FISCAL RECOVERY FUNDS $1.75M Yes 2

Contacts

Name Title Type
C62GA72DGK54 Kevin Mawe Auditee
8572633347 Ibrahim Aly Auditor
No contacts on file

Notes to SEFA

The accompanying schedule of expenditures of federal awards (the Schedule), includes the federal award activity of Rian Immigrant Center, Inc. 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 2 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 Rian Immigrant Center, Inc., it is not intended to and does not present the financial position, changes in net assets, or cash flows of Rian Immigrant Center, 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. Rian Immigrant Center, Inc. has not elected to use the de minimis indirect cost rate as allowed under the Uniform Guidance.

Finding Details

Finding 2024-001
Type of Finding: Material Weakness in Internal Control over Financial Reporting Condition: Revenue was not timely recorded Effect: Revenue was not recorded in the correct period Cause: The material weakness was caused by a deficiency in the Center’s internal controls over revenue cutoff. The controls in place were not sufficient to ensure that revenue transactions were recorded in the appropriate accounting period. Criteria: Revenue should be recognized in the accounting period in which it is earned and realizable. Effective internal controls should be in place to ensure proper end of period revenue cutoff. Recommendation: We recommend the Center implement additional internal controls and checks to ensure accurate end of period revenue cutoff. View of Responsible Officials: Management agrees with the finding and is in the process of revising internal controls to address revenue entries.
Finding 2024-002
Type of Finding: Material Weakness in Internal Control over Major Federal Program Condition: Organizations that expend $750,000 or more in federal awards during their fiscal year are required to submit their single audit 9 months after the end of the fiscal year. Effect: Failure to meet the filing deadline may result in regulatory penalties and potential impact on future funding eligibility. Cause: The delay was attributed to late filings. Criteria: According to the Office of Management and Budget (OMB) Circular A-133 (now superseded by 2 CFR Part 200), entities that expend $750,000 or more in federal awards during their fiscal year are required to have a single audit conducted to ensure compliance with federal regulations and the proper stewardship of federal funds. Recommendation: We recommend the Center review all federal awards and expenditures to ensure that all deadlines are met, including the completion of a single audit as required by OMB regulations. The Center should implement procedures to track federal funds and ensure that audit requirements are met in a timely manner for future fiscal years. View of Responsible Officials: Management agrees with the finding and is in the process of revising internal controls to monitor federal expenditures throughout the year, ensuring that thresholds triggering audit requirements are promptly identified.