FAC Explorer

Finding 1106091 (2023-002)

Significant Deficiency
Requirement
L
Questioned Costs
-
Year
2023
Accepted
2025-03-24
Audit: 347539
Organization: Arab American Family Services (IL)
Auditor: Ringold Financial Management Services INC

AI Summary

  • Issue: AAFS could not provide a schedule for net assets with donor restrictions for FY 2023.
  • Trend: Lack of a formal process for tracking restricted amounts was identified during the audit.
  • Follow-up: Implement a structured process for identifying and managing donor restrictions moving forward.

Finding Text

Controls over Net Assets with Donor Restrictions - AAFS was unable to produce a net assets with donor restrictions schedule for the fiscal year ended 12/31/2023. As part of the audit, Ringold had to assist management in creating this schedule and identifying the relevant restricted amounts. Based on Ringold’s testing, it was evident that a formal process for identifying and tracking restricyes support was not in place.

Categories

No categories assigned yet.

Other Findings in this Audit

Programs in Audit

ALN Program Name Expenditures
93.045 Special Programs for the Aging, Title Iii, Part C, Nutrition Services $442,975
21.027 Coronavirus State and Local Fiscal Recovery Funds $77,903
10.557 Wic Special Supplemental Nutrition Program for Women, Infants, and Children $52,142
93.044 Special Programs for the Aging, Title Iii, Part B, Grants for Supportive Services and Senior Centers $50,672
93.497 Family Violence Prevention and Services/ Sexual Assault/rape Crisis Services and Supports $37,125
10.561 State Administrative Matching Grants for the Supplemental Nutrition Assistance Program $25,156
93.496 Family Violence Prevention and Services/culturally Specific Domestic Violence and Sexual Violence Services $21,745
16.575 Crime Victim Assistance $21,442
93.671 Family Violence Prevention and Services/domestic Violence Shelter and Supportive Services $20,260
93.667 Social Services Block Grant $20,000
93.071 Medicare Enrollment Assistance Program $3,731