Finding 1228714 (2024-005)

Material Weakness Repeat Finding
Requirement
L
Questioned Costs
-
Year
2024
Accepted
2026-09-03

AI Summary

  • Issue: The Coalition missed the deadline for submitting the audit and required reports by March 31, 2025.
  • Requirements Impacted: Noncompliance with 2 CFR §200.512 regarding timely audit report submission.
  • Follow-Up: Implement procedures to ensure timely preparation of financial statements and compliance with federal reporting deadlines.

Finding Text

Finding No. 2024-005: Reporting and Annual Audit Submission – Noncompliance Federal Program Name: All Pass-through Entity: All Federal Assistance Listing Number: All Criteria As set forth in 2 CFR §200.512 - Report Submission, the audit must be completed and the Data Collection Form and reporting package must be submitted within the earlier of 30 calendar days after receipt of the auditors’ report, or nine months after the end of the audit period. The due date for the audit and reporting package submission was March 31, 2025. Condition The Coalition did not submit the audit, Data Collection Form, and reporting package by the required deadline of March 31, 2025. Questioned Costs None. Context The Data Collection Form and reporting package were required to be submitted by March 31, 2025. The audit was not completed and submitted by the required deadline due to delays in the preparation of financial reporting information and supporting schedules. Effect The Coalition was not in compliance with the reporting requirements of 2 CFR §200.512, as the audit, Data Collection Form, and reporting package were not submitted by the required deadline. Cause Significant delays in the audit process resulted in the late filing. Repeat Finding No Recommendation We recommend that the Coalition implement procedures to ensure that financial statements, supporting schedules, and Single Audit requirements are prepared and completed on a timely basis to support compliance with federal reporting deadlines. Management’s Response/View of Responsible Officials Management agrees with this finding, see the Corrective Action Plan.

Corrective Action Plan

During fiscal year 2026, the Coalition engaged an outsourced accounting firm to provide ongoing accounting, financial reporting, and year-end close support. This includes the implementation of formal month-end and year-end close procedures, including account reconciliation processes and review of financial reporting. These procedures are intended to improve audit readiness by ensuring financial records, reconciliations, and supporting schedules are prepared and maintained throughout the year, enabling the annual audit and related federal reporting requirements to be completed and submitted by required deadlines.

Categories

Subrecipient Monitoring Reporting

Other Findings in this Audit

  • 1228703 2024-003
    Material Weakness Repeat
  • 1228704 2024-003
    Material Weakness Repeat
  • 1228705 2024-003
    Material Weakness Repeat
  • 1228706 2024-003
    Material Weakness Repeat
  • 1228707 2024-004
    Material Weakness Repeat
  • 1228708 2024-004
    Material Weakness Repeat
  • 1228709 2024-004
    Material Weakness Repeat
  • 1228710 2024-004
    Material Weakness Repeat
  • 1228711 2024-005
    Material Weakness Repeat
  • 1228712 2024-005
    Material Weakness Repeat
  • 1228713 2024-005
    Material Weakness Repeat

Programs in Audit

ALN Program Name Expenditures
14.231 EMERGENCY SOLUTIONS GRANT PROGRAM $181,576
14.267 CONTINUUM OF CARE PROGRAM $156,790