Finding Text
Condition The subawards under the Charter Schools program grant for the year ended December 31, 2024 were not filed by the deadline for any of the subawards made by Illinois Network of Charter Schools (the Organization). Criteria In accordance with the Federal Funding Accountability and Transparency Act (FFATA), grant recipients are required to report all subawards made under federal grants that are funded at $30,000 or more no later than the end of the month following the month in which the subaward obligation was made. Cause and Effect The Organization failed to report any subawards as a result of lack of knowledge regarding this reporting requirement. Questioned Costs None noted. Recommendation We recommend that management evaluate and update their subaward granting policy to ensure that the required FFATA reporting is completed timely. Views of Responsible Officials and Planned Corrective Actions Management will ensure that the subaward information is reported to FFATA no later than the end of the month following the date of obligation, consistent with 2 CFR § 170.200 and related guidance. To date, management has complied with certain FFATA requirements by registering in sam.gov, obtaining a Unique Entity Identifier, and maintaining an active registration. Going forward, management will implement procedures to ensure timely and accurate submission of subaward data in accordance with FFATA requirements.