Finding 485185 (2021-002)

Material Weakness Repeat Finding

Requirement

Questioned Costs

Year

2021

Accepted

2024-08-27

Audit: 317998

Organization: Metro Area Continuum of Care for the Homeless (NE)

Auditor: Bland and Associates PC

AI Summary

Core Issue: Required monthly and quarterly reports were not submitted on time due to significant staff turnover.
Impacted Requirements: Reports must be submitted by the 15th of the month following the reporting period.
Recommended Follow-Up: Implement stronger control processes to ensure timely reporting and avoid future funding issues.

Finding Text

2021-002 Criteria: The program requires monthly and quarterly reports be submitted by the 15th day of the month following the close of the reporting period. Questioned Costs: None Condition: Specific reports requested were not able to be provided. Cause: The Organization had significant turnover during the year under audit resulting in various delays in reporting. Effect: The lack of filing of required reports could lead to questioned costs and potential issues with future grant funding. Recommendation: We recommend the Organization continue to implement additional control processes in order to ensure proper controls are in place and followed and all reporting is submitted timely. Organization Response: Management agrees with the finding.

Corrective Action Plan

Corrective Action Plan For Year Ended December 31, 2021 Contact Person: Jason Feldhaus, Executive Director jason@thresholdcoc.org 402.290.6106 FINDING 2021-002: Reporting A close calendar will be put into place to ensure grant reports are submitted timely, following the close of the reporting period. A system for a secondary individual signing off that this is completed will be put into place as an internal control process. This will be documented in the updated Financial Policies and Procedures manual. Reasonable completion date: August 1, 2024, (October 31, 2024 for policy updates) Responsible Party: Jason Feldhaus, Executive Director

Other Findings in this Audit

485186 2021-003

Material Weakness Repeat
1061627 2021-002

Material Weakness Repeat
1061628 2021-003

Material Weakness Repeat

Programs in Audit

ALN	Program Name	Expenditures
21.023	Emergency Rental Assistance Program	$37.12M
14.267	Continuum of Care Program	$128,878