Finding 966639 (2023-004)

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Requirement
L
Questioned Costs
-
Year
2023
Accepted
2024-03-29
Audit: 301101
Organization: College Dreams, INC (OR)
Auditor: McDonald Jacobs

AI Summary

  • Core Issue: The Organization has a significant deficiency in preparing the SEFA, missing some federal awards.
  • Impacted Requirements: Compliance with federal regulations for a complete and accurate SEFA is not being met.
  • Recommended Follow-Up: Implement new procedures and controls to track all federal awards accurately.

Finding Text

Finding # 2023-004: Type: Significant deficiency over preparation of schedule of expenditures of federal awards (SEFA). Assistance Listing Number: 93.677 Social Services Block Grant Department of Health and Human Services Requirement: The Organization should have systems in place to prepare a complete and accurate SEFA. Condition/Context: The Organization did not identify all federal awards and adjustments were made to the SEFA prepared by management. Cause: The Organization had new funding sources that were not included in the SEFA. Effect: Federal rules and regulations may not be followed. Inaccuracies of the SEFA may impact Single audit and major program determination. Questioned Costs: None. Recommendation: The Organization should implement additional procedures and controls to accurately capture all activity under federal awards in preparing the SEFA. Management’s Response: The Executive Director and Business Manager will use a grant and contract tracking log to ensure they are aware of all federal awards.

Categories

Reporting Significant Deficiency

Other Findings in this Audit

  • 390194 2023-001
    Material Weakness
  • 390195 2023-002
    Significant Deficiency
  • 390196 2023-003
    Significant Deficiency
  • 390197 2023-004
    -
  • 966636 2023-001
    Material Weakness
  • 966637 2023-002
    Significant Deficiency
  • 966638 2023-003
    Significant Deficiency

Programs in Audit

ALN Program Name Expenditures
17.259 Wia Youth Activities $619,400
84.044 Trio_talent Search $277,375
97.036 Disaster Grants - Public Assistance (presidentially Declared Disasters) $128,936