Finding 1216467 (2024-001)

Material Weakness Repeat Finding
Requirement
L
Questioned Costs
-
Year
2024
Accepted
2026-06-03

AI Summary

  • Answer: The Organization missed the deadline for submitting the Data Collection Form and reporting packages to the FAC.
  • Trend: This delay indicates a significant deficiency in internal controls, which could affect federal oversight of program funds.
  • List: Follow up by implementing a timeline for submissions and reviewing internal processes to ensure compliance with deadlines.

Finding Text

The Organization did not submit the Data Collection Form and reporting packages to the Federal Audit Clearinghouse (FAC) within the required timeframe. This failure to meet the deadline constitutes a significant deficiency in internal controls, as it delays the required reporting and could impact the federal oversight of program funds.

Corrective Action Plan

The Organization should develop a compliance calendar that includes financial reporting deadlines and set automatic reminders in advance of each deadline to aid in properly planning and timing submission of reporting packages. Additionally, the Organization should engage the audit firm well before the fiscal year end, and the auditors should put this engagement on their calendar well in advance of the due date. The Organization should establish a timeline with the auditors that aligns with internal deadlines to ensure sufficient time to conduct the audit. The Organization’s Board of Directors should be more actively engaged in the auditing and reporting process to establish a greater degree of accountability and oversight.

Categories

Internal Control / Segregation of Duties Reporting Significant Deficiency

Programs in Audit

ALN Program Name Expenditures
10.555 NATIONAL SCHOOL LUNCH PROGRAM $585,573
10.553 SCHOOL BREAKFAST PROGRAM $353,391