Finding 1172856 (2025-002)

Material Weakness Repeat Finding

Requirement

Questioned Costs

Year

2025

Accepted

2026-02-09

Audit: 386230

Organization: Snowy Mountain Development Corporation (MT)

Auditor: CARVER FLOREK & JAMES CPA'S

AI Summary

Core Issue: The Organization failed to submit audit reports to the Federal Clearinghouse on time.
Impacted Requirements: This noncompliance violates the submission deadline outlined in 2 CFR 200 Subpart F.
Recommended Follow-Up: Ensure timely communication with auditors to meet future filing deadlines.

Finding Text

2025 – 002 AUDIT SUBMISSIONS TO THE FEDERAL AUDIT CLEARNINGHOUSE – NONCOMPLIANCE Criteria: Single Audits under 2 CFR 200 Subpart F 200.501 – Audit Requirements are required to be submitted through the Federal Clearinghouse nine months from the recipient’s year end. Condition: The Organization was not able to meet the nine-month submission deadline. Cause: It appears that the late submission was a result of the prior auditor’s unresponsiveness. Effect: The Organization did not comply with the audit requirements set forth in 2 CFR 200 Subpart F. Recommendation: We recommend that the Organization submit the required information to the auditors in a timely manner to assist in meeting the filing deadline.

Corrective Action Plan

Finding #2025-002 (Late Submission to the Federal Audit Clearinghouse) Responsible Party: Sara Hudson & JCCS PC Anticipated Completion Date: Septemer 1, 2025 (Implemented) Corrective Action Planned: Snowy Mountain Development Corporation has engaged a new audit firm and strengthened management oversight of the audit process and related submission deadlines. Management now actively monitors audit progress, coordinates required deliverables, and tracks federal filing deadlines to ensure timely submission to the Federal Audit Clearinghouse. These procedures have been implemented for the fiscal year ending June 30, 2026. Management anticipates that future Single Audit reports will be completed and submitted in compliance with applicable federal requirements.

Other Findings in this Audit

1172855 2025-001

Material Weakness Repeat

Programs in Audit

ALN	Program Name	Expenditures
66.818	BROWNFIELDS MULTIPURPOSE, ASSESSMENT, REVOLVING LOAN FUND, AND CLEANUP COOPERATIVE AGREEMENTS	$912,253
10.767	INTERMEDIARY RELENDING PROGRAM	$464,514
11.307	ECONOMIC ADJUSTMENT ASSISTANCE	$275,690
12.002	PROCUREMENT TECHNICAL ASSISTANCE FOR BUSINESS FIRMS	$159,330
11.302	ECONOMIC DEVELOPMENT SUPPORT FOR PLANNING ORGANIZATIONS	$70,000
10.170	SPECIALTY CROP BLOCK GRANT PROGRAM - FARM BILL	$25,603
15.228	BLM FUELS MANAGEMENT AND COMMUNITY FIRE ASSISTANCE PROGRAM ACTIVITIES	$21,128