FAC Explorer

Audit 9678

FY End
2021-12-31
Total Expended
$962,523
Findings
2
Programs
1
Organization: Air Force Retired Officers Community – Washington, D.c. Dba Falcons Landing (VA)
Year: 2021 Accepted: 2024-01-04
Auditor: Bdo USA PC

Organization Exclusion Status:

Findings

ID Ref Severity Repeat Requirement
7490 2021-001 - - L
583932 2021-001 - - L

Programs

ALN Program Spent Major Findings
93.498 Provider Relief Fund $962,523 Yes 1

Contacts

Name Title Type
NVZUJM38C759 Hardy Lister Auditee
7034045145 Gunther Brand Auditor
No contacts on file

Notes to SEFA

Title: Note 1. Basis of Presentation 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, with the exception of the matter discussed in Note 4 below. De Minimis Rate Used: N Rate Explanation: The Organization has elected not to use the 10% 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 Air Force Retired Officers Community – Washington, D.C. DBA Falcons Landing (the Organization) under the Provider Relief Fund and American Rescue Plan (ARP) Rural Distribution Program 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), with the exception of the matter discussed in Note 4 below. 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, results of operations, changes in equity, or cash flows of the Organization.
Title: Note 2. Summary of Significant Accounting Policies 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, with the exception of the matter discussed in Note 4 below. De Minimis Rate Used: N Rate Explanation: The Organization has elected not to use the 10% 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, with the exception of the matter discussed in Note 4 below.
Title: Note 3. Indirect Cost Rate 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, with the exception of the matter discussed in Note 4 below. De Minimis Rate Used: N Rate Explanation: The Organization has elected not to use the 10% de minimis indirect cost rate allowed under the Uniform Guidance. The Organization has elected not to use the 10% de minimis indirect cost rate allowed under the Uniform Guidance.
Title: Note 4. Provider Relief Fund and American Rescue Plan (ARP) Rural Distribution Program 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, with the exception of the matter discussed in Note 4 below. De Minimis Rate Used: N Rate Explanation: The Organization has elected not to use the 10% de minimis indirect cost rate allowed under the Uniform Guidance. The total PRF Program expenditures on the schedule includes $962,523 of out-of-period expenditures which are reported in accordance with the terms and conditions included in the Health Resources and Services Administration (HRSA) Post-Payment Notice of Reporting Requirements specific to the PRF Program. Out-of-period expenditures is not a permitted concept under U.S. GAAP. Therefore, an adverse opinion due to a GAAP departure has been issued on the schedule.

Finding Details

Finding 2021-001
2021-001 – Reporting – Submission of the Data Collection Form Criteria: In accordance with 2 CFR Section 200.512(a), the audit must be completed and the data collection form and the reporting package must be submitted within the earlier of 30 calendar days after receipt of the auditor’s report, or nine months after the end of the audit period. Condition: The reporting package for the year ended December 31, 2021, was not submitted by the deadline of September 30, 2022, to the Federal Audit Clearinghouse (FAC).   Cause: Although the schedule and notes thereto were prepared accurately and timely, additional time was required to comply fully with reporting on, and audit of, compliance requirements of new federal award programs. Effect: The reporting package and data collection form for the year ended December 31, 2021, was not submitted to the FAC in a timely manner. Questioned costs: None Context: The reporting package and data collection form for the year ended December 31, 2021, was submitted to the FAC after the due date of September 30, 2022. Repeat finding: No Recommendation: We recommend the Organization adopt policies and procedures, including tracking and monitoring of reporting requirements, to ensure that the audit, reporting package, and data collection form are electronically submitted to the FAC within the applicable deadline. View of Responsible Officials: Organization’s management agrees with the federal award finding identified in the audit. Management’s response to this finding includes ensuring future audits are completed and filed timely and is further described in the accompanying management’s corrective action plan.
Finding 2021-001
2021-001 – Reporting – Submission of the Data Collection Form Criteria: In accordance with 2 CFR Section 200.512(a), the audit must be completed and the data collection form and the reporting package must be submitted within the earlier of 30 calendar days after receipt of the auditor’s report, or nine months after the end of the audit period. Condition: The reporting package for the year ended December 31, 2021, was not submitted by the deadline of September 30, 2022, to the Federal Audit Clearinghouse (FAC).   Cause: Although the schedule and notes thereto were prepared accurately and timely, additional time was required to comply fully with reporting on, and audit of, compliance requirements of new federal award programs. Effect: The reporting package and data collection form for the year ended December 31, 2021, was not submitted to the FAC in a timely manner. Questioned costs: None Context: The reporting package and data collection form for the year ended December 31, 2021, was submitted to the FAC after the due date of September 30, 2022. Repeat finding: No Recommendation: We recommend the Organization adopt policies and procedures, including tracking and monitoring of reporting requirements, to ensure that the audit, reporting package, and data collection form are electronically submitted to the FAC within the applicable deadline. View of Responsible Officials: Organization’s management agrees with the federal award finding identified in the audit. Management’s response to this finding includes ensuring future audits are completed and filed timely and is further described in the accompanying management’s corrective action plan.