FAC Explorer

Audit 403047

FY End
2025-12-31
Total Expended
$5.67M
Findings
3
Programs
3
Organization: New Jersey Manufacturing Extension Program, Inc. (NJ)
Year: 2025 Accepted: 2026-06-04
Auditor: WITHUMSMITH+BROWN PC

Organization Exclusion Status:

Findings

ID Ref Severity Repeat Requirement
1216544 2025-001 Material Weakness Yes L
1216545 2025-001 Material Weakness Yes L
1216546 2025-001 Material Weakness Yes L

Programs

ALN Program Spent Major Findings
11.611 MANUFACTURING EXTENSION PARTNERSHIP $2.01M Yes 1
12.600 COMMUNITY INVESTMENT $134,920 Yes 0
47.084 TECHNOLOGY, INNOVATION, AND PARTNERSHIPS $14,234 Yes 0

Contacts

Name Title Type
MNGXNE4ZB197 Peter Connolly Auditee
9739989801 Brad Caruso Auditor
No contacts on file

Notes to SEFA

The accompanying schedules of expenditures of federal awards and state financial assistance (the “Schedules”)include the federal and state award activity of the New Jersey Manufacturing Extension Program, Inc. (the"Program") under programs of the federal and New Jersey state governments for the year ended December 31,2025. The information in these Schedules is presented in accordance with the requirements of Title 2 U.S. Code ofFederal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (“Uniform Guidance”) and State of New Jersey, Department of the Treasury, OMB Policy Circular25-12-OMB (“NJ Circular 25-12-OMB”). Because the Schedules present only a selected portion of the operations ofthe Program, they are not intended to and do not present the financial position, changes in net assets, or cash flowsof the Program.

Finding Details

Finding 2025-001
Finding Type: Noncompliance Federal Program ALN: 11.611 Federal Program Name: Manufacturing Extension Program Compliance Area: Reporting Criteria: In accordance with 2 CFR 200.344 and the related grant agreement in place, a recipient must submit afinal report no later than 120 days after the conclusion of the period of performance. In accordance with 2 CFR170 and the related grant agreement in place, a recipient must report each subaward to the Federal FundingAccountability and Transparancy Act Subaward Reporting System no later than the end of the month follow themonth in which the subaward was issued. Condition and Context: The Program was unable to provide SF-425 reports for the period under audit for one of thethree programs under the ALN (SCOIN) for the final report. The Program did not report subawards under thecontract in the required timeframe. Cause: Improper record keeping or missing filing deadline as a result of the grant being concluded. Effect or Potential Effect: None Questioned Costs: None Repeat Finding: No Recommendation: We recommend that the Program establish a stronger record keeping system and implement asystem whereby all reports are filed by their required due dates. Views of Responsible Officials: Responsible Officials agree and will file the report late and report the subawards. Planned Implementation Date of Corrective Action: June 2026 Person Responsible for Corrective Action: CEO