FAC Explorer

Audit 393826

FY End
2024-09-30
Total Expended
$1.11M
Findings
1
Programs
3
Organization: COMMITTEE ON TEMPORARY SHELTER, INC. (VT)
Year: 2024 Accepted: 2026-03-24
Auditor: JMM & ASSOCIATES PC

Organization Exclusion Status:

Findings

ID Ref Severity Repeat Requirement
1182414 2024-001 Material Weakness Yes L

Programs

ALN Program Spent Major Findings
14.251 ECONOMIC DEVELOPMENT INITIATIVE, COMMUNITY PROJECT FUNDING, AND MISCELLANEOUS GRANTS $825,000 Yes 1
21.023 EMERGENCY RENTAL ASSISTANCE PROGRAM $273,843 Yes 0
97.024 EMERGENCY FOOD AND SHELTER NATIONAL BOARD PROGRAM $11,396 Yes 0

Contacts

Name Title Type
TXGBWA8CW1K9 Jonathan Farrell Auditee
8025402476 Randall Sargent, CPA Auditor
No contacts on file

Notes to SEFA

The accompanying Schedule includes the federal grant activity of Committee on Temporary Shelter, Inc. under programs of the federal government for the year ended September 30, 2024. The information in the Schedule is presented in accordance with the requirements of Uniform Guidance. Because the Schedule presents only a selected portion of the operations of Committee on Temporary Shelter, Inc., it is not intended to and does not present the financial position, changes in net assets or cash flows of Committee on Temporary Shelter, Inc.

Finding Details

Finding 2024-001
Views of responsible officials: Management, in conjunction with COTS’s outsourced accounting team, has implemented enhanced grant review procedures to ensure all funding agreements are evaluated for federal characteristics when awards are received and again prior to fiscal year-end close. Going forward, COTS’s outsourced accounting team will maintain a complete grant inventory, document the federal/nonfederal determination for each award, and review all new and existing grant agreements before year-end to confirm whether Single Audit reporting requirements apply. Management believes these procedures will help ensure timely identification of federal awards and timely submission of future audit reporting packages.