Finding Text
Criteria - The grant agreement contains a matching requirement for the Organization of $55,000 with a minimum of $5,000 being cash.
Condition - The Organization did not meet the non-cash requirement for the year ended September 30, 2023.
Cause - Resulted from a lack of internal controls over financial reporting.
Effect - The Organization is not in compliance with Uniform Guidance.
Questioned Costs - None identified.
Repeat Funding - This is a repeat finding of item 2022-003 as reported in the year ended September 30, 2022.
Recommendation - We recommend that the Organization further develop internal controls in order to ensure that the Organization properly tracks the matching requirement of this grant agreement to ensure they meet the requirement.
Management’s Response - (a) Comments on the finding and recommendation: Refugee & Immigrant Self-Empowerment, Inc. acknowledges improvement in the process of recognizing the allowable matching requirements is needed.
(b) Actions Taken: Refugee & Immigrant Self-Empowerment, Inc. will ensure training for relevant program staff and implement robust procedures to accurately monitor and fulfill matching requirements stipulated in grant agreements. This will involve establishing clear guidelines for tracking and documenting matching contributions, assigning responsibility for oversight, implementing regular reviews, and conducting internal audits to ensure compliance.
(c) Anticipated Completion Date: August 31, 2024