Finding Text
2025-001 Type of finding: Federal Award Situation: Significant deficiency; Compliance with federal regulations. Assistance Listing No: All Programs Compliance Requirements: Reporting Prior-Year(s) Audit Finding(s): None Questioned Costs: Not determined. Condition: The Single Audit reporting package, as defined and required in 2 CRF 200.512 for fiscal year ended June 30, 2024, was not submitted timely. Context: Despite the Organization’s best efforts to provide, on a timely basis, the information needed to complete the audit, data collection form and reporting package according to 2 CRF 200.512, the audit, data collection form and reporting package for the fiscal year ended June 30, 2024 was submitted to the Federal Audit Clearinghouse on May 15, 2025. Criteria: As per 2 CRF 200.512, the audit, data collection form, and reporting package must be submitted within the earlier of 30 calendar days after receipt of the auditor’s report, or nine months after the end of the audit period. Cause: The Organization was not able to provide on a timely basis, the information needed to complete the audit for the year ended on June 30, 2024. This situation prevented the submission of the data collection form and reporting package by the due date of March 31, 2025. Effect: Because of the situation described above, the Organization did not comply with the report submission requirement, since the audit was not submitted within nine months after their fiscal period end date. Auditor’s recommendation: Management should continue to fulfill their auditee responsibilities as stated in 2 CRF 200.508 which among other things, require management to prepare appropriate financial statements and provide the auditor with access to personnel, accounts, books, records, supporting documentation, and other information as needed for the auditor to perform the audit and to ensure that subsequent financial reporting packages are submitted timely. View of Responsible officials and corrective actions: To make sure that all pertinent documents & information related to 2024-25 financial statements are delivered to our auditor with sufficient time for them to complete said year’s single audit and submit it to the corresponding agency.