Finding 578184 (2023-001)

Material Weakness
Requirement
M
Questioned Costs
-
Year
2023
Accepted
2023-11-13
Audit: 3018
Organization: Pencil Foundation (TN)
Auditor: Kraftcpas PLLC

AI Summary

  • Core Issue: PENCIL lacked a written agreement with the subrecipient and did not monitor fund usage, risking inappropriate use of federal funds.
  • Impacted Requirements: Compliance with the Uniform Guidance for monitoring subrecipient funds was not met.
  • Recommended Follow-Up: PENCIL should create a written agreement with the subrecipient and establish monitoring policies to ensure proper fund usage.

Finding Text

Federal Program Information Funding Agency: U.S. Department of Education Federal ALN: 84.425B COVID-19 Coronavirus Education Stabilization Fund, Discretionary Grants: Rethink K-12 Education Models Grants Pass Through Agency: State of Tennessee, Department of Education Criteria As required by the Uniform Guidance, non-federal entities are required to monitor the use of funds provided to subrecipients. Condition PENCIL did not have a written agreement with the subrecipient setting forth the terms of the arrangement and required use of funds, nor did PENCIL produce evidence of subrecipient monitoring of the appropriate use of funds by the subrecipient. Cause PENCIL had not received federal funding previously and was not aware of the subrecipient monitoring requirements of the Uniform Guidance. Effect Funds provided to subrecipients may have been used inappropriately or not in furtherance of the program objectives. Auditor's Recommendations PENCIL should execute a written agreement with the subrecipient that outlines the responsibilities under the grant agreement that are passed through. PENCIL should also establish monitoring policies to ensure that the subrecipient is using the funds in accordance with the agreement. PENCIL should then conduct the required procedures to monitor the use of funds, check status of programs and obtain regular updates sufficient to satisfy themselves regarding the appropriate use of funds in accordance with the requirements of the federal award and any related contracts. Management Response Management agrees with the auditor’s recommendation. PENCIL should communicate the compliance requirements for staff involved in the distribution of funds to subrecipients. The staff should conduct the required procedures to monitor the use of funds, check status of programs and obtain regular updates sufficient to satisfy themselves regarding the appropriate use of funds in accordance with the requirements of the federal award and any related contracts.

Categories

Subrecipient Monitoring

Other Findings in this Audit

  • 1742 2023-001
    Material Weakness

Programs in Audit

ALN Program Name Expenditures
84.425 Education Stabilization Fund $1.91M