FAC Explorer

Finding 1219649 (2024-002)

Material Weakness Repeat Finding
Requirement
B
Questioned Costs
-
Year
2024
Accepted
2026-06-27
Audit: 405191
Organization: Coastal Community Action, INC (NC)
Auditor: ROSE GROUP CPAS PLLC

AI Summary

  • Answer: Rent expenses were recorded without proper documentation to support the amounts claimed.
  • Trend: This issue has been recurring, indicating a lack of consistent oversight in expense reporting.
  • List: Review all rent expense entries, ensure proper documentation is obtained, and implement regular audits to prevent future occurrences.

Finding Text

Unsupported Rent Expense

Corrective Action Plan

Management will ensure that all rental arrangements are supported by executed lease agreements and that such documentation is retained in accordance with federal recordkeeping requirements

Categories

No categories assigned yet.

Other Findings in this Audit

  • 1219648 2024-001
    Material Weakness Repeat
  • 1219650 2024-003
    Material Weakness Repeat

Programs in Audit

ALN Program Name Expenditures
93.568 LOW-INCOME HOME ENERGY ASSISTANCE $832,891
10.558 CHILD AND ADULT CARE FOOD PROGRAM $471,447
93.569 COMMUNITY SERVICES BLOCK GRANT $377,432
81.042 WEATHERIZATION ASSISTANCE FOR LOW-INCOME PERSONS $256,443
93.600 HEAD START $252,583
94.011 AMERICORPS SENIORS FOSTER GRANDPARENT PROGRAM (FGP) 94.011 $181,813
94.016 AMERICORPS SENIORS RETIRED AND SENIOR VOLUNTEER PROGRAM (RSVP) 94.002 $159,764
14.239 HOME INVESTMENT PARTNERSHIPS PROGRAM $145,654
14.225 HOME INVESTMENT PARTNERSHIPS PROGRAM $65,580
94.002 SENIOR COMPANION PROGRAM $54,641
14.871 SECTION 8 HOUSING CHOICE VOUCHERS $35,518