FAC Explorer

Finding 1217834 (2024-005)

Material Weakness Repeat Finding
Requirement
B
Questioned Costs
-
Year
2024
Accepted
2026-06-17
Audit: 403967
Organization: All that Teens Hopeful About Tomorrow (OH)
Auditor: WELLS CPA LLC

AI Summary

  • Answer: Management recognizes the need to improve documentation for cost allocations.
  • Trend: There is a growing emphasis on clear and accurate documentation for shared expenses.
  • List: Recommended follow-up includes implementing new procedures for documenting allocation bases and ensuring expenses align with benefits to each grant program.

Finding Text

Management acknowledges the opportunity to strengthen documentation supporting cost allocations. Management will implement procedures to better document the allocation basis used for shared expenses and ensure that distributions reflect proportional benefit to each active grant program.

Corrective Action Plan

Equitable Indirect Cost Allocation

Categories

Allowable Costs / Cost Principles

Other Findings in this Audit

  • 1217833 2024-004
    Material Weakness Repeat

Programs in Audit

ALN Program Name Expenditures
84.425 EDUCATION STABILIZATION FUND $384,439
84.287 TWENTY-FIRST CENTURY COMMUNITY LEARNING CENTERS $379,332
93.558 TEMPORARY ASSISTANCE FOR NEEDY FAMILIES $50,000