Finding Text
Criteria: In accordance with the requirements of the Federal Funding Accountability and Transparency Act (FFATA) (2CFR Part 170), direct recipients of grants are required to report first-tier of $25,000 or more to the Federal Funding Accountability and Transparency Act Reporting System. Condition: Missouri Chamber Foundation did not comply with the reporting requirements. Context: Missouri Chamber Foundation was unaware of the reporting requirements. In addition the Federal Project Officer did not report a finding in its enhanced desk monitoring review dated March 22, 2022. Effect: Missouri Chamber Foundation is not in compliance with FFATA reporting requirements. Cause of Condition: Insufficient and/or inadequate training of individual responsible for completing reporting requirements. Recommendation: Missouri Chamber Foundation should register in the FFATA Subaward Reporting System and enter first-tier subawards to date greater than $25,000. Missouri Chamber Foundation should continue reporting subawards going forward each time a payment is made to remain in compliance. Views of responsible officials and planned corrective actions: Management concurs with the above recommendation and has registered in the FSRS System and entered all subaward payments to date and will make this a part of their process each time a payment is made.