Finding 1168071 (2025-003)

Finding: The Organization has a limited number of office personnel who have direct responsibilities for the recording and reconciling functions in the primary transaction cycles. Criteria: Management is responsible for establishing and maintaining effective internal controls. Condition and Context: During our review and testing of internal controls, we noted that certainprimary accounting functions or activities of the Organization are performed and/or approved by thesame individual. Cause: The Organization has a limited number of office personnel who have direct responsibilities for the recording and reconciling functions in the primary transaction cycles. Effect: The Organization's internal control structure does not result in adequate segregation of duties to prevent losses from employee error and dishonesty. Identification as a Repeat Findings: This is not a repeat finding as there was no single audit in prior year. See the Summary Schedule of Prior Audit Findings for further explanation. Recommendation: With a limited number of personnel and funds, segregation of duties is difficult. The Organization should continue to review its operating procedures to attempt to obtain the maximum internal control within the limited available resources. The Board should continue to closely monitor and perform periodic oversight of the Organization's monthly financial activities. Response and Corrective Action Planned: The Organization will continue efforts to address the limited number of personnel involved in fiscal responsibilities. Management will assess the controls in place and segregate duties as deemed feasible. The Organization will continue to have consistent involvement and oversight provided by the Board and/or committees of the Board and will continue to work with its independent accounting firm to further increase capacity and knowledge in reporting and managing its fiduciary responsibilities.