FAC Explorer

Finding 553810 (2023-002)

Material Weakness Repeat Finding
Requirement
L
Questioned Costs
-
Year
2023
Accepted
2025-04-02
Audit: 352462
Organization: Rural Community Development Resources (WA)
Auditor: Northwest CPA Group PLLC

AI Summary

  • Answer: Required Forms ED-209 were not filed for the semi-annual performance periods ending March 31, 2023, and September 30, 2023.
  • Trend: Staffing shortages and lack of oversight led to missed reporting deadlines.
  • List: Follow up by ensuring adequate staffing and implementing a review process to meet reporting requirements.

Finding Text

Criteria: Filing of the Forms ED-209 required for 11.307 US Department of Commerce, Economic Development Administration Grants for each semi-annual performance period ending March 31, 2023, and September 30, 2023. Condition: The semi-annual required reports were not filed. Cause: Due to a shortage of staffing and oversight, the Organization did not complete reports required by grant/granting agency.

Corrective Action Plan

Develop external reporting matrix/schedule and report it to the Board of Directors by March 2025

Categories

Period of Performance Internal Control / Segregation of Duties

Other Findings in this Audit

  • 553809 2023-001
    Material Weakness Repeat
  • 553811 2023-003
    Material Weakness Repeat
  • 1130251 2023-001
    Material Weakness Repeat
  • 1130252 2023-002
    Material Weakness Repeat
  • 1130253 2023-003
    Material Weakness Repeat

Programs in Audit

ALN Program Name Expenditures
21.024 Community Development Financial Institutions Rapid Response Program (cdfi Rrp) $1.11M
14.228 Community Development Block Grants/state's Program and Non-Entitlement Grants in Hawaii $327,755
10.769 Rural Business Enterprise Grants $240,979
93.570 Community Services Block Grant Discretionary Awards $236,178
21.020 Community Development Financial Institutions Program $47,270
11.307 Economic Adjustment Assistance $28,003
10.311 Beginning Farmer and Rancher Development Program $75