Finding 22781 (2022-003)

Material Weakness
Requirement
L
Questioned Costs
-
Year
2022
Accepted
2023-06-20

AI Summary

  • Core Issue: The Foundation misreported federal expenditures on Form SF-425, leading to discrepancies in both direct and indirect costs.
  • Impacted Requirements: Annual reporting criteria were not met, including cumulative reporting and correct indirect cost rate type.
  • Recommended Follow-Up: Ensure reporting instructions are reviewed, and implement a secondary review process for accuracy before submission.

Finding Text

Finding reference: 2022-003 Federal Agency: Department of Health and Human Services Federal Program: 93.110 Maternal and Child Health Federal Consolidated Programs Requirement: Reporting Type of Finding: Material weakness in internal control over major program Criteria: The Foundation is required to complete annual reporting for the grant on Form SF-425, Federal Financial Report. Per SF-425 instructions, the federal share of expenditures line (10e) should include, ??the sum of cash disbursements for direct charges for property and services; the amount of indirect expense incurred; and the net increase or decrease in the amounts owed by the recipient for (1) goods and other property received; (2) services performed by employees, contractors, subrecipients, and other payees; and (3) programs for which no current services or performance are required.? The SF-425 instructions state that if an indirect cost rate is utilized, the grantee must report the type of rate (i.e. provisional, predetermined, final or fixed). The SF-425 instructions state that cumulative amounts from the date of inception of the award through the reporting period end date should be reported. Condition: Expenditures incurred by the Foundation, but not yet billed to the Department of Health and Human Services, were not included in the amounts reported for federal share of expenditures. The indirect cost rate type reported did not match the type in the indirect cost rate plan approved by the Department of Health and Human Services. The Base (line 11d) and Federal Share (line 11f) of indirect expenses reported on the annual SF-425 were not cumulative. Cause: Management has not implemented adequate controls to ensure amounts reported match the requirements of the SF-425. Effect: Misreporting of information required by the federal government may lead to federal inquiries of those charged with governance. Context: The federal share of expenditures reported totaled $5,147,866. Actual expenditures incurred totaled $5,465,447. Amounts were underreported by $317,581. The Foundation reported their indirect rate type as fixed when it is provisional. The indirect cost base reported totaled $153,241 which was limited to the base for the budget period (August 1, 2021 to July 31, 2022). The actual cumulative base for the grant was $836,269. Amounts were underreported by $683,028. The federal share of indirect costs reported totaled $92,404 which was for the budget period previously stated. The actual cumulative federal share of indirect costs was $504,270. Amounts were underreported by $411,866. Recommendation: Instructions for required reporting should be read before preparing reports to ensure accurate amounts are presented. A review of the SF-425 should be done by a different individual than the preparer to catch any reporting errors. Views of Responsible Officials and Planned Corrective Actions: See corrective action plan

Corrective Action Plan

Our internal Financial Policies and Procedures manual will be updated with a link to the most current instructions for the SF-425. The information on the SF-425 will be entered into the Payment Management System (PMS) by the Accounting Manager, followed by a review by the CFO before the final submission. This will provide additional oversight to prevent errors such as the incorrect Indirect Cost Rate type. It will also ensure that all indirect expenses are entered as a cumulative amount over the life of the grant, and not only indirect expenses for the current year of the grant. If invoices are received after the SF-425 is submitted, which is the case here, the SF-425 will be revised and resubmitted to update the amounts reported for the federal share of expenditures in lieu of waiting until the next reporting phase to provide the updated information. The errors noted on the SF-425 have been corrected. IDF will also take any applicable workshop training provided by the federal agency providing any grant funding, in this case, the HRSA Healthy Grants Workshops.

Categories

Reporting

Other Findings in this Audit

  • 22780 2022-002
    Material Weakness
  • 22782 2022-002
    Material Weakness
  • 22783 2022-003
    Material Weakness
  • 599222 2022-002
    Material Weakness
  • 599223 2022-003
    Material Weakness
  • 599224 2022-002
    Material Weakness
  • 599225 2022-003
    Material Weakness

Programs in Audit

ALN Program Name Expenditures
93.110 Maternal and Child Health Federal Consolidated Programs $17,202
93.855 Allergy, Immunology and Transplantation Research $288