Finding 1205073 (2025-003)

Finding Type: Immaterial noncompliance with major program requirements Title and ALN of Federal Program: 10.870 – United States Department of Agriculture Rural Microentrepreneur Assistance Program (USDA RMAP) Finding Resolution Status: Resolved Information on Universe and Population Size: All quarterly and annual reports pursuant to the mutually agreed upon Reporting Schedule. Sample Size Information: A sample of 3 reports for fiscal year 2025 were selected for testing compliance with reporting pursuant to the mutually agreed upon Reporting Schedule. Identification of Repeat Finding and Finding Reference Number: N/A Criteria: The Organization is required to submit the quarterly reports within 30 days following the reporting period. Statement of Condition: The Organization failed to submit the quarterly activity report as of September 30, 2024 by October 30, 2024. The report was filed November 7, 2024. Cause: The Organization did not have procedures in place to ensure adherence to the formal 30‑day submission requirement and instead followed an informal reporting practice that allowed submissions after the required deadline. Effect or Potential Effect: The Organization is noncompliant for the performance period ended September 30, 2024 with no sanctions imposed. The Organization submitted the requested report late. Auditor Noncompliance Code: L - Reporting Reporting Views of Responsible Officials: Management agrees with the noncompliance with no sanctions imposed conclusion. Context: No additional context identified by the Organization which is not otherwise presented herein. Recommendation: All requested reports should be submitted in accordance with the mutually agreed upon Reporting Schedule. Auditor’s Summary of the Auditee’s Comments on the Findings and Recommendations: Management should submit all requested reports in accordance with the mutually agreed upon Reporting Schedule. Response Indicator: Agree Completion Date: March 1, 2025 Response: Management acknowledges noncompliance in the current fiscal year and has submitted the requested report to the awarding agency. Questioned Costs: None