FAC Explorer

Finding 976971 (2023-002)

Significant Deficiency
Requirement
B
Questioned Costs
$1
Year
2023
Accepted
2024-06-11
Audit: 308535
Organization: Favor, Inc. (CT)
Auditor: Whittlesey PC

AI Summary

  • Answer: Management agrees with the audit finding and is changing how grant expenditures are reported.
  • Trend: A new review process is in place, involving the Board Treasurer for oversight of management expenditures.
  • List: Executive Director will still review all other expenditures in detail.

Finding Text

Management concurs with the finding, and is revising their grant reporting so that these expenditures are not covered by grant funding. A process has been implemented to ensure proper review of the management’s expenditures by an individual of the Board of Directors, typically the Board Treasurer. All other expenditures continue to be reviewed in detail by the Executive Director.

Categories

Questioned Costs Reporting

Other Findings in this Audit

  • 400529 2023-002
    Significant Deficiency

Programs in Audit

ALN Program Name Expenditures
93.958 Block Grants for Community Mental Health Services $719,450
93.556 Marylee Allen Promoting Safe and Stable Families $50,000
93.669 Child Abuse and Neglect State Grants $33,028
93.243 Substance Abuse and Mental Health Services Projects of Regional and National Significance $12,671