Finding Text
Condition and Context
On HC21-0011-021, the FFRs for the quarters ended December 31, 2022, March 31, 2023 and June 30, 2023
were not submitted within 30 days following the calendar quarter. The December 31, 2022 FFR was filed on
August 28, 2023, March 31, 2023 FFR was filed on November 8, 2023 and June 30, 2023 FFR was filed on
December 12, 2023.
Criteria
Per U.S. Department of Housing and Urban Development Reporting Guidance in connection with 2 CFR 200.327,
for HC21-0011-021 the FFRs are due quarterly; within 30 days after end of the reporting period.
Cause
As a result of understaffing in the accounting department, Nueva Esperanza, Inc. was not able to meet Federal
Financial Assistance Management Improvement Act (“FAMI”) timeliness requirements.
Effect
Nueva Esperanza, Inc. was not in compliance with Federal requirements relating to FAMI reporting.
Recommendation
We recommend that Nueva Esperanza, Inc. establishes controls to identify all award reporting requirements and
file reports on a timely basis.