Finding Text
Context: During the audit of the financial statements for YMCA, we noted that the organization's monthly grant audited financial statements were not submitted to the Alabama State Department of Education Accounting Department in a timely manner, as the 21st Century Grant requires. Effect: Failure to make timely required submissions of grant expenditure reports is considered noncompliance with terms and conditions of federal awards. Potential actions by the awarding agencies could be withholding cash payment pending correction of the deficiency, withholding federal awards or terminating a federal award. Cause: The YMCA Education Coordinator did not file the grant expenditures timely. Recommendation: We recommend that management confirm that the submission of monthly grant expenditure reports to the ALSDE Accounting Department happens in a timely matter.