Finding 11911 (2021-002)

Material Weakness
Requirement
P
Questioned Costs
-
Year
2021
Accepted
2024-02-06
Audit: 15838
Organization: Turning Point, Inc. (NC)
Auditor: Aprio LLP

AI Summary

  • Core Issue: The Organization missed the deadline for filing a single audit, which is considered a material weakness.
  • Impacted Requirements: This finding relates to non-compliance with 2 CFR 200.501, specifically regarding federal funds exceeding $750,000.
  • Recommended Follow-Up: Establish a system to track and manage federal awards to ensure timely compliance with audit requirements.

Finding Text

Title and Financial Assistance Listing Number of Federal Program: All federal programs Type of Finding: Federal Award Finding Finding Resolution Status: Resolved Information on Universe Population Size: N/A Sample Size Information: N/A Identification of Repeat Finding and Finding Reference Number: N/A Criteria: 2 CFR 200.501 Statement of Condition: The Organization failed to timely file a single audit with the Federal Audit Clearing House. Auditor considers this to be a material weakness. Cause: The Organization did not have controls in place to identify and track federal awards and therefore, the Organization was not aware of their reporting requirement under Uniform Guidance. Effect or Potential Effect: The Organization was did not comply with Uniform Guidance requirements for federal funds expended in excess of $750,000. Auditor Non-Compliance Code: S - Internal control deficiencies Questioned Costs: $- Reportable Views of Responsible Officials: The Organization received additional, one-time COVID-19-related funding that was out of the norm for the Organization. We were not aware that it caused us to exceed the $750,000 threshold for a Uniform Guidance audit. Recommendation: The Organization should develop a process for identifying and tracking federal expenditures for all awards that are federally sourced to ensure the organization completes required compliance audits in years where federal expenditures exceed $750,000.

Corrective Action Plan

Resolved

Categories

Material Weakness Reporting Internal Control / Segregation of Duties

Other Findings in this Audit

  • 11910 2021-001
    Material Weakness
  • 588352 2021-001
    Material Weakness
  • 588353 2021-002
    Material Weakness

Programs in Audit

ALN Program Name Expenditures
16.575 Crime Victim Assistance $429,195
21.019 Coronavirus Relief Fund $99,937
14.231 Emergency Solutions Grant Program $87,426
93.671 Family Violence Prevention and Services/domestic Violence Shelter and Supportive Services $35,414
16.034 Coronavirus Emergency Supplemental Funding Program $20,000
14.218 Community Development Block Grants/entitlement Grants $14,600
16.758 Improving the Investigation and Prosecution of Child Abuse and the Regional and Local Children's Advocacy Centers $7,000