Finding 1165251 (2024-003)

Material Weakness Repeat Finding
Requirement
L
Questioned Costs
-
Year
2024
Accepted
2025-12-17
Audit: 375704
Organization: Power 4 STL Inc (MO)

AI Summary

  • Core Issue: The Organization did not submit the required semiannual progress report to the granting agency by the deadline.
  • Impacted Requirements: Timely and accurate submission of performance and financial reports is mandatory under federal award terms.
  • Recommended Follow-Up: Improve internal controls by tracking report deadlines, assigning responsibilities, and training staff on reporting requirements.

Finding Text

Condition: During the audit, it was noted that the Organization failed to submit the required semiannual progress report to the granting agency. The report was not submitted by the deadline specified in the award terms, and no documentation was available to support that an extension was requested or granted Criteria: Entities must submit performance and financial reports as required by the terms of the federal award. These reports must be accurate, complete, and submitted timely. Cause: The failure to submit the required report was due to a breakdown in internal controls over the reporting process. Specifically, staff responsible for grant reporting were unaware of the reporting deadlines and requirements, and no secondary review or monitoring process was in place to ensure timely and accurate submission. Effect: Non-submission of required reports may result in noncompliance with federal award terms, delayed reimbursements, or potential suspension of funding. It also impairs the granting agency’s ability to monitor the financial performance and compliance of the program. Recommendation :Management should strengthen internal controls over grant reporting by implementing a tracking system for report due dates, assigning clear responsibilities, and conducting periodic reviews to ensure compliance. Staff should receive training on Uniform Guidance reporting requirements and the specific terms of each federal award.

Corrective Action Plan

Cause of Finding: The Organization failed to submit a required, semi-annual grant report. This created a potential for non-compliance with federal reward terms. Action: The Executive Director and the Bookkeeper will work to ensure increased accuracy and timeliness, in providing grant reporting. The Executive Director and Bookkeeper, will both provide staff training and support to ensure they have the necessary knowledge and skill to effectively perform job functions with regards to reporting. The Executive Director has implemented and updated Internal Controls, in order to ensure proper processes are in place with regards to grant reporting. In addition, a Grant Reporting calendar has been implemented for all staff involved, as well as, an internal tracking system for grants, grant deadlines and reporting timelines. The Bookkeeper has implemented monthly check-ins with grant needs via the tracking too. Both, the Executive Director and the Bookkeeper, agree to confirm the proper timing of grant reports via the calendar and tracking tool. Anticipated Date of Completion: Completed. Completed Responsible Party: Executive Director and Bookkeeper

Categories

Reporting Procurement, Suspension & Debarment Subrecipient Monitoring Cash Management

Other Findings in this Audit

  • 1165249 2024-001
    Material Weakness Repeat
  • 1165250 2024-002
    Material Weakness Repeat

Programs in Audit

ALN Program Name Expenditures
93.493 CONGRESSIONAL DIRECTIVES $752,496
16.045 COMMUNITY-BASED VIOLENCE INTERVENTION AND PREVENTION INITIATIVE $210,538
93.136 INJURY PREVENTION AND CONTROL RESEARCH AND STATE AND COMMUNITY BASED PROGRAMS $177,234
93.788 OPIOID STR $162,617
93.488 NATIONAL HARM REDUCTION TECHNICAL ASSISTANCE AND SYRINGE SERVICES PROGRAM (SSP) MONITORING AND EVALUATION FUNDING OPPORTUNITY $135,393