FAC Explorer

Finding 1120884 (2024-001)

Significant Deficiency
Requirement
B
Questioned Costs
-
Year
2024
Accepted
2025-03-31
Audit: 351112
Organization: Delaware Community Foundation INC (DE)
Auditor: Gunnip & Company LLP

AI Summary

  • Core Issue: The organization improperly charged 2 direct costs to the Federal grant, violating Federal Regulations.
  • Impacted Requirements: Out of 41 expenditures tested, $3,565 in questioned costs were identified from a total of $1,784,857 spent for the program.
  • Recommended Follow-Up: Review and adjust the expenditures to ensure compliance with Federal Regulations and prevent future overcharges.

Finding Text

The organization did not comply with the specific requirements of Federal Regulations in respect to charging 2 direct charges to the Federal grant out of a sample of 41 expenditures tested which amounted to $ 663,184. Accordingly, known questioned costs of $ 3,565 were overcharged from the total of $ 1,784,857 expended for the program for the year ended June 30, 2024.

Categories

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Other Findings in this Audit

  • 544442 2024-001
    Significant Deficiency

Programs in Audit

ALN Program Name Expenditures
21.027 Coronavirus State and Local Fiscal Recovery Funds $2.83M