FAC Explorer

Audit 4206

FY End
2021-12-31
Total Expended
$2.33M
Findings
8
Programs
3
Organization: Team Management 2000, Inc. (NJ)
Year: 2021 Accepted: 2023-11-27
Auditor: Galleros Robinson Certified Public Accountants LLP

Organization Exclusion Status:

Findings

ID Ref Severity Repeat Requirement
2446 2021-002 - - L
2447 2021-002 - - L
2448 2021-002 - - L
2449 2021-002 - - L
578888 2021-002 - - L
578889 2021-002 - - L
578890 2021-002 - - L
578891 2021-002 - - L

Programs

ALN Program Spent Major Findings
93.243 Substance Abuse and Mental Health Services_projects of Regional and National Significance $265,000 Yes 1
93.829 Section 223 Demonstration Programs to Improve Community Mental Health Services $175,000 - 0
93.914 Hiv Emergency Relief Project Grants $116,009 - 0

Contacts

Name Title Type
GGFUF853FYQ9 Ava Faustin Auditee
2014874700 Barbara Siochi Auditor
No contacts on file

Notes to SEFA

Title: 1. BASIS OF PRESENTATION Accounting Policies: 1. BASIS OF PRESENTATION The accompanying schedule of expenditures of federal awards (the “Schedule”) includes the federal award activity of Team Management 2000, Inc. (the “Organization”) under programs of the federal government for the year ended December 31, 2021. The information in this Schedule is presented in accordance with the requirements of Title 2 U.S. Code of Federal Regulations 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. 2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES 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. Pass-through entity identifying numbers are presented where available. De Minimis Rate Used: N Rate Explanation: The Organization has elected not to use the 10-percent de-minimis indirect cost rate allowed under the Uniform Guidance. The accompanying schedule of expenditures of federal awards (the “Schedule”) includes the federal award activity of Team Management 2000, Inc. (the “Organization”) under programs of the federal government for the year ended December 31, 2021. The information in this Schedule is presented in accordance with the requirements of Title 2 U.S. Code of Federal Regulations 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.
Title: 2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Accounting Policies: 1. BASIS OF PRESENTATION The accompanying schedule of expenditures of federal awards (the “Schedule”) includes the federal award activity of Team Management 2000, Inc. (the “Organization”) under programs of the federal government for the year ended December 31, 2021. The information in this Schedule is presented in accordance with the requirements of Title 2 U.S. Code of Federal Regulations 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. 2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES 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. Pass-through entity identifying numbers are presented where available. De Minimis Rate Used: N Rate Explanation: The Organization has elected not to use the 10-percent de-minimis indirect cost rate allowed under the Uniform Guidance. 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. Pass-through entity identifying numbers are presented where available.
Title: 3. INDIRECT COST RATE Accounting Policies: 1. BASIS OF PRESENTATION The accompanying schedule of expenditures of federal awards (the “Schedule”) includes the federal award activity of Team Management 2000, Inc. (the “Organization”) under programs of the federal government for the year ended December 31, 2021. The information in this Schedule is presented in accordance with the requirements of Title 2 U.S. Code of Federal Regulations 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. 2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES 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. Pass-through entity identifying numbers are presented where available. De Minimis Rate Used: N Rate Explanation: The Organization has elected not to use the 10-percent de-minimis indirect cost rate allowed under the Uniform Guidance. The Organization has elected not to use the 10-percent de-minimis indirect cost rate allowed under the Uniform Guidance.

Finding Details

Finding 2021-002
Finding 2021-002 Single Audit Report Submission – Reporting Assistance Listing No. 93.243 Substance Abuse and Mental Health Services Administration Criteria: Pursuant to the Uniform Guidance, organizations expending federal financial assistance in excess of $750,000 in a fiscal year are required to submit the data collection form and reporting package by the earlier of either 30 days after receipt of the auditor’s report, or nine months after the end of the fiscal year end date. Condition: The completion of the Organization’s Single Audit was delayed due to several factors including change in auditors and accountants, COVID-19 and remote work by employees. Hence, the Single Audit reporting deadline was not met. Cause: The Organization’s previous auditor is no longer providing Single Audit services and so the Organization had to search for and engage a new CPA firm to conduct the financial statements audit and Single Audit. The search for a new auditor took approximately 3-4 months due to the shortage of staff resulting from the COVID-19 pandemic. Effect: The Organization failed to submit the Single Audit reporting package for the year ended December 31, 2021 on time. Questioned costs: None. Recommendation: Changing service providers do result in disruptions and delays but the Organization’s management should try its best to minimize the negative effect of changing auditors and still aim to complete the Single Audit in a timely manner and meet the reporting deadline. Views of Responsible Officials and Planned Corrective Actions: The President hired a new CPA firm in 2023. In addition, an accounting consultant and accounting staff was hired to help and assist during the audit.
Finding 2021-002
Finding 2021-002 Single Audit Report Submission – Reporting Assistance Listing No. 93.243 Substance Abuse and Mental Health Services Administration Criteria: Pursuant to the Uniform Guidance, organizations expending federal financial assistance in excess of $750,000 in a fiscal year are required to submit the data collection form and reporting package by the earlier of either 30 days after receipt of the auditor’s report, or nine months after the end of the fiscal year end date. Condition: The completion of the Organization’s Single Audit was delayed due to several factors including change in auditors and accountants, COVID-19 and remote work by employees. Hence, the Single Audit reporting deadline was not met. Cause: The Organization’s previous auditor is no longer providing Single Audit services and so the Organization had to search for and engage a new CPA firm to conduct the financial statements audit and Single Audit. The search for a new auditor took approximately 3-4 months due to the shortage of staff resulting from the COVID-19 pandemic. Effect: The Organization failed to submit the Single Audit reporting package for the year ended December 31, 2021 on time. Questioned costs: None. Recommendation: Changing service providers do result in disruptions and delays but the Organization’s management should try its best to minimize the negative effect of changing auditors and still aim to complete the Single Audit in a timely manner and meet the reporting deadline. Views of Responsible Officials and Planned Corrective Actions: The President hired a new CPA firm in 2023. In addition, an accounting consultant and accounting staff was hired to help and assist during the audit.
Finding 2021-002
Finding 2021-002 Single Audit Report Submission – Reporting Assistance Listing No. 93.243 Substance Abuse and Mental Health Services Administration Criteria: Pursuant to the Uniform Guidance, organizations expending federal financial assistance in excess of $750,000 in a fiscal year are required to submit the data collection form and reporting package by the earlier of either 30 days after receipt of the auditor’s report, or nine months after the end of the fiscal year end date. Condition: The completion of the Organization’s Single Audit was delayed due to several factors including change in auditors and accountants, COVID-19 and remote work by employees. Hence, the Single Audit reporting deadline was not met. Cause: The Organization’s previous auditor is no longer providing Single Audit services and so the Organization had to search for and engage a new CPA firm to conduct the financial statements audit and Single Audit. The search for a new auditor took approximately 3-4 months due to the shortage of staff resulting from the COVID-19 pandemic. Effect: The Organization failed to submit the Single Audit reporting package for the year ended December 31, 2021 on time. Questioned costs: None. Recommendation: Changing service providers do result in disruptions and delays but the Organization’s management should try its best to minimize the negative effect of changing auditors and still aim to complete the Single Audit in a timely manner and meet the reporting deadline. Views of Responsible Officials and Planned Corrective Actions: The President hired a new CPA firm in 2023. In addition, an accounting consultant and accounting staff was hired to help and assist during the audit.
Finding 2021-002
Finding 2021-002 Single Audit Report Submission – Reporting Assistance Listing No. 93.243 Substance Abuse and Mental Health Services Administration Criteria: Pursuant to the Uniform Guidance, organizations expending federal financial assistance in excess of $750,000 in a fiscal year are required to submit the data collection form and reporting package by the earlier of either 30 days after receipt of the auditor’s report, or nine months after the end of the fiscal year end date. Condition: The completion of the Organization’s Single Audit was delayed due to several factors including change in auditors and accountants, COVID-19 and remote work by employees. Hence, the Single Audit reporting deadline was not met. Cause: The Organization’s previous auditor is no longer providing Single Audit services and so the Organization had to search for and engage a new CPA firm to conduct the financial statements audit and Single Audit. The search for a new auditor took approximately 3-4 months due to the shortage of staff resulting from the COVID-19 pandemic. Effect: The Organization failed to submit the Single Audit reporting package for the year ended December 31, 2021 on time. Questioned costs: None. Recommendation: Changing service providers do result in disruptions and delays but the Organization’s management should try its best to minimize the negative effect of changing auditors and still aim to complete the Single Audit in a timely manner and meet the reporting deadline. Views of Responsible Officials and Planned Corrective Actions: The President hired a new CPA firm in 2023. In addition, an accounting consultant and accounting staff was hired to help and assist during the audit.
Finding 2021-002
Finding 2021-002 Single Audit Report Submission – Reporting Assistance Listing No. 93.243 Substance Abuse and Mental Health Services Administration Criteria: Pursuant to the Uniform Guidance, organizations expending federal financial assistance in excess of $750,000 in a fiscal year are required to submit the data collection form and reporting package by the earlier of either 30 days after receipt of the auditor’s report, or nine months after the end of the fiscal year end date. Condition: The completion of the Organization’s Single Audit was delayed due to several factors including change in auditors and accountants, COVID-19 and remote work by employees. Hence, the Single Audit reporting deadline was not met. Cause: The Organization’s previous auditor is no longer providing Single Audit services and so the Organization had to search for and engage a new CPA firm to conduct the financial statements audit and Single Audit. The search for a new auditor took approximately 3-4 months due to the shortage of staff resulting from the COVID-19 pandemic. Effect: The Organization failed to submit the Single Audit reporting package for the year ended December 31, 2021 on time. Questioned costs: None. Recommendation: Changing service providers do result in disruptions and delays but the Organization’s management should try its best to minimize the negative effect of changing auditors and still aim to complete the Single Audit in a timely manner and meet the reporting deadline. Views of Responsible Officials and Planned Corrective Actions: The President hired a new CPA firm in 2023. In addition, an accounting consultant and accounting staff was hired to help and assist during the audit.
Finding 2021-002
Finding 2021-002 Single Audit Report Submission – Reporting Assistance Listing No. 93.243 Substance Abuse and Mental Health Services Administration Criteria: Pursuant to the Uniform Guidance, organizations expending federal financial assistance in excess of $750,000 in a fiscal year are required to submit the data collection form and reporting package by the earlier of either 30 days after receipt of the auditor’s report, or nine months after the end of the fiscal year end date. Condition: The completion of the Organization’s Single Audit was delayed due to several factors including change in auditors and accountants, COVID-19 and remote work by employees. Hence, the Single Audit reporting deadline was not met. Cause: The Organization’s previous auditor is no longer providing Single Audit services and so the Organization had to search for and engage a new CPA firm to conduct the financial statements audit and Single Audit. The search for a new auditor took approximately 3-4 months due to the shortage of staff resulting from the COVID-19 pandemic. Effect: The Organization failed to submit the Single Audit reporting package for the year ended December 31, 2021 on time. Questioned costs: None. Recommendation: Changing service providers do result in disruptions and delays but the Organization’s management should try its best to minimize the negative effect of changing auditors and still aim to complete the Single Audit in a timely manner and meet the reporting deadline. Views of Responsible Officials and Planned Corrective Actions: The President hired a new CPA firm in 2023. In addition, an accounting consultant and accounting staff was hired to help and assist during the audit.
Finding 2021-002
Finding 2021-002 Single Audit Report Submission – Reporting Assistance Listing No. 93.243 Substance Abuse and Mental Health Services Administration Criteria: Pursuant to the Uniform Guidance, organizations expending federal financial assistance in excess of $750,000 in a fiscal year are required to submit the data collection form and reporting package by the earlier of either 30 days after receipt of the auditor’s report, or nine months after the end of the fiscal year end date. Condition: The completion of the Organization’s Single Audit was delayed due to several factors including change in auditors and accountants, COVID-19 and remote work by employees. Hence, the Single Audit reporting deadline was not met. Cause: The Organization’s previous auditor is no longer providing Single Audit services and so the Organization had to search for and engage a new CPA firm to conduct the financial statements audit and Single Audit. The search for a new auditor took approximately 3-4 months due to the shortage of staff resulting from the COVID-19 pandemic. Effect: The Organization failed to submit the Single Audit reporting package for the year ended December 31, 2021 on time. Questioned costs: None. Recommendation: Changing service providers do result in disruptions and delays but the Organization’s management should try its best to minimize the negative effect of changing auditors and still aim to complete the Single Audit in a timely manner and meet the reporting deadline. Views of Responsible Officials and Planned Corrective Actions: The President hired a new CPA firm in 2023. In addition, an accounting consultant and accounting staff was hired to help and assist during the audit.
Finding 2021-002
Finding 2021-002 Single Audit Report Submission – Reporting Assistance Listing No. 93.243 Substance Abuse and Mental Health Services Administration Criteria: Pursuant to the Uniform Guidance, organizations expending federal financial assistance in excess of $750,000 in a fiscal year are required to submit the data collection form and reporting package by the earlier of either 30 days after receipt of the auditor’s report, or nine months after the end of the fiscal year end date. Condition: The completion of the Organization’s Single Audit was delayed due to several factors including change in auditors and accountants, COVID-19 and remote work by employees. Hence, the Single Audit reporting deadline was not met. Cause: The Organization’s previous auditor is no longer providing Single Audit services and so the Organization had to search for and engage a new CPA firm to conduct the financial statements audit and Single Audit. The search for a new auditor took approximately 3-4 months due to the shortage of staff resulting from the COVID-19 pandemic. Effect: The Organization failed to submit the Single Audit reporting package for the year ended December 31, 2021 on time. Questioned costs: None. Recommendation: Changing service providers do result in disruptions and delays but the Organization’s management should try its best to minimize the negative effect of changing auditors and still aim to complete the Single Audit in a timely manner and meet the reporting deadline. Views of Responsible Officials and Planned Corrective Actions: The President hired a new CPA firm in 2023. In addition, an accounting consultant and accounting staff was hired to help and assist during the audit.