Finding 1225550 (2025-003)

Material Weakness Repeat Finding
Requirement
M
Questioned Costs
-
Year
2025
Accepted
2026-08-03
Audit: 408442
Organization: Bang on A Can (NY)

AI Summary

  • Core Issue: The Organization failed to keep necessary documentation for subrecipient monitoring as required by 2 CFR 200, Subpart D.
  • Impacted Requirements: Compliance with documentation standards for subrecipient monitoring under 2 CFR 200, Subpart D (specifically section 200.332).
  • Recommended Follow-Up: Management should create and implement written policies for maintaining required documentation to ensure compliance moving forward.

Finding Text

Finding: 2025-003: Documentation of Subrecipient Monitoring Condition: The Organization did not maintain documentation to demonstrate compliance with the requirements for subrecipient monitoring in accordance with 2 CFR 200, Subpart D for the year ended August 31, 2025. Criteria: The Organization is required to maintain documentation to demonstrate compliance with the requirements for subrecipient monitoring in accordance with 2 CFR 200, Subpart D (2 CFR section 200.332). Cause: Management was not aware of the requirement under 2 CFR 200, Subpart D requiring the Organization to maintain documentation to demonstrate compliance with the requirements for subrecipient monitoring. Effect: While the Organization did not maintain documentation to demonstrate compliance with the requirements for subrecipient monitoring in accordance with 2 CFR 200, Subpart D for the year ended August 31, 2025, the Organization provided a detailed description of the ongoing direct contact with the subrecipient to monitor its activities and compliance with regulations and terms of the prime and subawards. Recommendation: We recommend that management of the Organization adopt written policies procedures for maintaining documentation to demonstrate compliance with the requirements for subrecipient monitoring in accordance with 2 CFR 200, Subpart D. Response: Management accepts the recommendation and is working to develop an updated financial policies and procedures manual that provides for maintaining documentation to demonstrate compliance with the requirements for subrecipient monitoring to meet Federal compliance requirements.

Corrective Action Plan

Bang on a Can, Inc. will adopt written policies procedures for maintaining documentation to demonstrate compliance with the requirements for subrecipient monitoring in accordance with 2 CFR 200, Subpart D.

Categories

Subrecipient Monitoring

Other Findings in this Audit

  • 1225548 2025-001
    Material Weakness Repeat
  • 1225549 2025-002
    Material Weakness Repeat

Programs in Audit

ALN Program Name Expenditures
19.415 PROFESSIONAL AND CULTURAL EXCHANGE PROGRAMS - CITIZEN EXCHANGES $1.87M