Finding 1076287 (2023-002)

Significant Deficiency
Requirement
L
Questioned Costs
-
Year
2023
Accepted
2024-09-30
Audit: 322696
Organization: Maine Development Foundation (ME)

AI Summary

  • Issue: Two required reports for Congressional Grants were not submitted on time.
  • Requirements Impacted: Timely reporting is essential for compliance with the Uniform Guidance.
  • Follow-Up: The Organization should review its reporting processes to ensure future submissions meet deadlines.

Finding Text

2023-002 Timely Filing of Required Reports: Congressional Grants – FALN 59.059 Condition and context: During the period of audit, it was noted that the two reports required by the Agreement were not submitted by the due date noted in the Agreement. Criteria: Reporting procedures are an integral part of the Compliance Requirements in accordance with the Uniform Guidance. Cause: The Organization was unable to submit reports within the required time period. Effect: Improvement is needed in order to comply with the reporting requirements of the Congressional Grants agreement. Recommendation: We recommended that the Organization review its reporting obligations and ensure that all future filings are made in a timely manner. Views of responsible Officials and Planned Corrective Action: The Organization takes reporting requirements seriously, filing reports on numerous grants, and attributes the unusual occurrence of late filings to turnover in finance staff as well as the somewhat novel timelines in the Organization’s first federal “earmark.” The Organization will review the process of submitting reports to ensure the reporting deadlines are achieved in a timely manner.

Categories

Reporting Matching / Level of Effort / Earmarking

Other Findings in this Audit

  • 499845 2023-002
    Significant Deficiency

Programs in Audit

ALN Program Name Expenditures
59.059 Congressional Grants $632,943
14.228 Community Development Block Grants/state's Program and Non-Entitlement Grants in Hawaii $379,939
21.027 Coronavirus State and Local Fiscal Recovery Funds $241,302
90.601 Northern Border Regional Development $106,213
15.904 Historic Preservation Fund Grants-in-Aid $95,170
47.084 Nsf Technology, Innovation, and Partnerships $36,919
11.307 Economic Adjustment Assistance $36,455