Finding 561806 (2024-002)

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Requirement
ABCEFGHIJLMNP
Questioned Costs
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Year
2024
Accepted
2025-05-29
Audit: 357463
Organization: Santa Fe Youthworks (NM)
Auditor: Tkm

AI Summary

  • Issue: The audit for the year ending June 30, 2024, was not submitted on time.
  • Requirement: Audits must be submitted to the Federal Audit Clearinghouse by March 31, 2025.
  • Follow-up: Ensure timely submission of future audits to avoid penalties.

Finding Text

The audit for the year ended June 30, 2024 was not completed and submitted to the Federal Audit Clearinghouse (FAC) by the required deadline - March 31, 2025.

Corrective Action Plan

We disagree with the stated cause of this finding. Based on our records, our audit was scheduled promptly upon the completion of the FYE23 audit in August 2024 and was scheduled according to the availability of the auditors. At that time, it was known by the auditors that FYE24 would be a single audit, subject to this deadline. No communication was made to management that by continuing with the engagement as scheduled, it would result in a finding. Management continually monitors deadlines to ensure compliance with regulators and funders and makes every effort possible to stay compliant or communicate accordingly if delays are anticipated. Further, the deadline to upload the initially requested materials was March 24, 2025 and all items were provided by that date. As far as management is aware, there was no delay in the timing of the audit or its completion. Melynn Schuyler, Executive Director

Categories

No categories assigned yet.

Other Findings in this Audit

Programs in Audit

ALN Program Name Expenditures
17.274 Youthbuild $848,707
14.218 Community Development Block Grants/entitlement Grants (cdbg) - Youthworks Social Justice Kitchen $73,183