FAC Explorer

Finding 564544 (2024-001)

- Repeat Finding
Requirement
P
Questioned Costs
-
Year
2024
Accepted
2025-06-12
Audit: 358675
Organization: Liberty Resources, Inc. (PA)
Auditor: Baratz & Associates P A

AI Summary

  • Core Issue: Liberty Resources, Inc. failed to file the data collection form by the March 31, 2025 deadline.
  • Impacted Requirements: This non-compliance affects all federal awards listed in the Consolidated Schedule of Expenditures.
  • Recommended Follow-Up: Implement procedures to ensure timely completion of Single Audit financial statements for future compliance.

Finding Text

Untimely Filing of the Data Collection Form Criteria: Under the requirements of the Uniform Guidance (Single Audit), the recipient must file the date collection form by March 31, 2025 for the year ended June 30, 2024. Condition: The data collection form was not filed by March 31, 2025. Effect: Liberty Resources, Inc. is not in compliance with the Single Audit reporting requirements. Awards: Applies to all federal awards listed on the Consolidated Schedule of Expenditures of Federal, State, and City Awards. Cause: Liberty Resources, Inc. did not have procedures in place to ensure that the single audit financial statements were completed in a timely manner. Recommendation: We recommend that Liberty Resources, Inc. complete the Single Audit financial statements in a timely manner to ensure that the data collections form can be submitted in compliance with the Single Audit requirements. View of responsible officials: Management’s objectives include timely filing of all regulatory and financial reports. Extenuating circumstances caused a significant delay in submitting fiscal year 2024 reports in a timely manner. Every effort is being made to file timely in the future.

Corrective Action Plan

Name of the contact person responsible for corrective action: Glenn Seagraves, CFO Corrective Action Plan: The delay in filing was the result of significant staff turnover in Liberty Resources Inc.’s finance department producing the Organization's financial statements and the limited availability of other resources to assist in the preparation of the financial statements. The Organization has developed and implemented a staffing plan that has adjusted the responsibilities of existing staff and has also hired new additional staff since the end of the June 30, 2024 fiscal year. Anticipated completion date: The plan has been implemented and will continue to be monitored to ensure the Organization’s ability to complete the Single Audit financial statements in a timely manner and that the data collection form can be submitted in compliance with the Single Audit requirements.

Categories

Reporting

Other Findings in this Audit

Programs in Audit

ALN Program Name Expenditures
93.498 Covid-19 Funding - Provider Relief Fund and American Rescue Plan (arp) Rural Distribution $319,142
93.778 Medical Assistance Program $262,384
93.432 Acl Centers for Independent Living $171,452
21.019 Covid-19 Funding - Coronavirus Relief Fund $70,000
14.218 Community Development Block Grants/entitlement Grants $54,920
93.630 Covid-19 Funding - Developmental Disabilities Basic Support and Advocacy Grants $44,179
99.U19 Housing Stability Counseling Program $15,735