Finding 596720 (2022-001)

Significant Deficiency
Requirement
AB
Questioned Costs
-
Year
2022
Accepted
2022-11-30
Audit: 23750
Organization: Epic Academy (IL)
Auditor: Krd LTD

AI Summary

  • Core Issue: The organization failed to follow proper internal controls for grant fund administration, leading to overclaimed expenditures.
  • Impacted Requirements: Violations of 29 CFR Part 200 due to lack of review and approval processes for claims and reporting.
  • Recommended Follow-Up: Strengthen monitoring processes, ensure accurate record-keeping, and provide regular training to staff on compliance with grant requirements.

Finding Text

Assistance Listing Number: 84.425D Program Title: American Rescue Plan - Emergency and Secondary School Emergency Relief Fund III - MFT Federal Award Number: Not applicable Federal Award Year: 2021/2022 Pass Through Entity: Chicago Public Schools Criteria or specific requirement ? Violation of the administrative requirements at 29 CFR Part 200, which require proper internal controls over procedures and requirements in the administration of grant funds. The Organization over claimed expenditures during the fiscal year ended June 30, 2022. Condition - The following discrepancies and inconsistencies were identified: administrative procedures and requirements of the grantor were not followed; there was no proper review or approval of required reporting prior to submission. Questioned costs - None Context - A non-statistical sample of 45 were selected for testing. We noted the one instance of the same invoice submitted twice for reimbursement through two separate claims during fiscal year 2022. We also noted one instance of payroll claim amount exceeded the actual expenditure amount. Cause - This finding occurred, in part, due to employee turnover in the past year. There were no controls in place to ensure that all administrative requirements were met, and proper reviews and procedures were not being used for expenses that flow into the claim reimbursement. Effect - Without the proper review controls, there is a heightened risk that the Organization's report may not be accurate and could lead to funds having to be returned. Repeat Finding: No Recommendation - Effective control and accountability must be maintained for all funds. Charges to federal awards must be based on records that are properly processed and accurately reflect the cost. EPIC should strengthen processes surrounding administering and monitoring of all programs to ensure that their policies are consistently and properly applied. Management should perform proper monitoring and review of all claims for reimbursement. Management should also provide regular training to ensure all personnel are current and up to date with regulations and requirements. For all unallowable claimed expenditures, funds must be returned to the pass-through grantor to comply with federal reporting requirements per 2 CFR 200.410. View of Responsible Officials - Management agrees with the finding and is implementing a corrective action plan in November 2022. See management?s corrective action plan on page 17.

Categories

Allowable Costs / Cost Principles Subrecipient Monitoring Cash Management Reporting

Other Findings in this Audit

Programs in Audit

ALN Program Name Expenditures
84.010 Title I Grants to Local Educational Agencies $394,125
84.425 Education Stabilization Fund $124,712
84.367 Improving Teacher Quality State Grants $13,000
84.424 Student Support and Academic Enrichment Program $3,900