FAC Explorer

Finding 528730 (2022-002)

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Requirement
L
Questioned Costs
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Year
2022
Accepted
2025-03-19
Audit: 346791
Organization: Greater Chatham Initiative (IL)
Auditor: Ringold Financial Management Services INC

AI Summary

  • Core Issue: The Organization failed to submit required expenditure reports on time to the City of Chicago.
  • Impacted Requirements: Compliance with the City of Chicago's grant reporting deadlines was not met.
  • Recommended Follow-Up: Implement a system to ensure timely submission of all grant reporting documents.

Finding Text

Federal Program: 21.027-Coronavirus State and Local Fiscal Recovery Funds. Passed Through: City of Chicago Department of Planning and Development and City of Chicago. Department of Business Affairs and Consumer Protection. Federal Agency: U.S. Department of Treasury. Criteria: The Organization participates in federal grant programs with pass-through funders that require periodic submission of grant expenditures and underlying support to the grantor for reimbursement. Condition: During our testing, we noted instances of the Organization not submitting the required expenditure reports in accordance with the City of Chicago's due dates. Questioned Costs: None noted. Context:There were delays in the compilation of internal grant information required to be submitted to the City of Chicago, leading to late reporting submissions. Effect:The Organization is not in compliance with the City of Chicago's grant reporting requirements. Cause: The condition arose due to several factors including turnover of the Organization's accounting staff. Recommendation: The Organization should ensure that all grant reporting documents are submitted within the required timeframe. Management Response: Management concurs with this finding. See corrective action plan.

Corrective Action Plan

GCI has since hired a dedicated contractor who submits vouchers consistent with the City of Chicago's due dates. This assumes that the City of Chicago also follows its own guidelines, provides contracts, and processes vouchers in a timely manner. Estimated Correction Date January 1, 2023.

Categories

Reporting Cash Management

Other Findings in this Audit

Programs in Audit

ALN Program Name Expenditures
21.027 Coronavirus State and Local Fiscal Recovery Funds $74,202
59.077 Community Navigator Pilot Program $44,722