Finding 524287 (2024-002)

Finding 2024-002 Untimely Filing of Performance Report (Significant Deficiency) Federal Programs: ALN 15.875 Criteria or Specific Requirement: In accordance with Title 2 CFR 200 Section 200.329 “Monitoring and reporting program performance” recipients of Federal funds to submit a final performance report to a pass-through entity no later than 90 calendar days after the conclusion of the period of performance. Condition: The final performance report for the reporting period ended July 21, 2024 has not yet been submitted in accordance with the grant agreement. Cause: The grant closed prior to the end of the original reporting period and the Foundation was unaware the final report was required to be filed.Effect or Potential Effect: Failure to submit reports timely results in noncompliance with Federal and grant grant provisions and may result in delay of funding. Questioned Costs: None. The late report is programmatic and did not have financial implications. Context: One of three program reports sampled was not submitted. The late submission resulted from human error and oversight. We consider our sample to be representative of the population. Identification as a Repeat Finding: N/A Recommendation: We recommend that the Foundation strengthen its internal controls over performance reporting to ensure compliance with the Federal regulations.