Management's Response/Planned Corrective Action: Management acknowledges the finding and accepts the recommendation. Management further recognizes the importance of timely reporting of financial information to reduce the Organization's risk of a reduction or loss of future funding. On September 10, 2024, Alexander de Markoff, the Organization's Division Director of Finance, implemented a revised invoicing process with automated reminders and provided training to staff on timely invoice submission. On November 27, 2024, the Division Director of Finance provided additional training to staff on invoice submissions, adjusted internal deadlines and, again, emphasized the importance of this process. The Division Director of Finance will also immediately implement a requirement that staff request written approvals or waivers from grantors for potential late submissions of invoices. The Division Director and Assistant Director of Finance, Hasley Saucedo, will closely monitor compliance with the established procedures and Corrective Action Plan.