Sage Bionetworks

EIN: 264489946

UEI: TPALZA9N4M11

Data as of August 23, 2026

Sage Bionetworks9 audit years2 findings
9
Audit Years
2
Total Findings
0
Repeat Findings

FY 2019-12-31

Management decision deadline — for entities that funded this organization

The FAC accepted this audit on December 22, 2020. Under 2 CFR 200.521(d), a pass-through entity that provided federal funds to this organization for this audit period must issue a management decision on these findings by June 22, 2021 (1889 days ago).

What is a management decision? →
2019-001
Activities Allowed or Unallowed / Cost Allowability
QUESTIONED COSTS

Finding 2019-001 Significant deficiency in internal controls over compliance and instances of noncompliance related to allowable costs. Federal Agencies: U.S. Department of Health and Human Services Title: Trans-NIH Research Support CFDA NumberTitle: 93.310 Award Numbers: 5-53613 Award Periods: July 6, 2016 through August 31, 2019 Federal Agencies: U.S. Department of Health and Human Services Title: Mental Health Research Grants CFDA NumberTitle: 93.242 Award Numbers: 0255-B081-4609 Award Periods: September 1, 2018 through May 31, 2023 Criteria 2 U.S. Code of Federal Regulations (CFR) 200 Uniform Administrative Requirements, Cost Principles, and Audit Requirements (CFR) Subpart E, Section 200.423 defines costs of alcoholic beverages as unallowable. Condition/Context for Evaluation During the year ended December 31, 2019 from a sample of 40 of non-payroll direct costs, we identified 2 instances where alcohol was charged to the grant. The sample was not a statistical sample. Effect or Potential Effect The Organization did not fully comply with the allowable cost principles as specified in 2 CFR 200 Subpart E. As a result, the direct charges could have been unallowable for 2019. Questioned Costs Total questioned costs of $59.00. $29.00 questioned costs related to CFDA # 93.310 $30.00 questioned costs related to CFDA # 93.242 Repeat Finding Finding 2019-001 is not a repeat finding. Cause The Organization did not have adequate internal controls in place to prevent unallowable charges from being charged to federal awards. Recommendation We recommend the Organization establish internal controls to ensure that only allowable expenses are charged to federal awards. View of Responsible Officials and Corrective Action Plan Management agrees with the finding and has provided the corrective action plan following the Single Audit Report.

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Full finding narrative

Finding 2019-001 Significant deficiency in internal controls over compliance and instances of noncompliance related to allowable costs. Federal Agencies: U.S. Department of Health and Human Services Title: Trans-NIH Research Support CFDA NumberTitle: 93.310 Award Numbers: 5-53613 Award Periods: July 6, 2016 through August 31, 2019 Federal Agencies: U.S. Department of Health and Human Services Title: Mental Health Research Grants CFDA NumberTitle: 93.242 Award Numbers: 0255-B081-4609 Award Periods: September 1, 2018 through May 31, 2023 Criteria 2 U.S. Code of Federal Regulations (CFR) 200 Uniform Administrative Requirements, Cost Principles, and Audit Requirements (CFR) Subpart E, Section 200.423 defines costs of alcoholic beverages as unallowable. Condition/Context for Evaluation During the year ended December 31, 2019 from a sample of 40 of non-payroll direct costs, we identified 2 instances where alcohol was charged to the grant. The sample was not a statistical sample. Effect or Potential Effect The Organization did not fully comply with the allowable cost principles as specified in 2 CFR 200 Subpart E. As a result, the direct charges could have been unallowable for 2019. Questioned Costs Total questioned costs of $59.00. $29.00 questioned costs related to CFDA # 93.310 $30.00 questioned costs related to CFDA # 93.242 Repeat Finding Finding 2019-001 is not a repeat finding. Cause The Organization did not have adequate internal controls in place to prevent unallowable charges from being charged to federal awards. Recommendation We recommend the Organization establish internal controls to ensure that only allowable expenses are charged to federal awards. View of Responsible Officials and Corrective Action Plan Management agrees with the finding and has provided the corrective action plan following the Single Audit Report.

Corrective Action Plan

Finding Number 2019-001 Contact Person(s) and responsible person: David Lahti Explanation and specific reasons for disagreement with the audit finding or that corrective action is not required (if applicable): No disagreement. Corrective action planned: An additional senior level accountant will be hired with the responsibility of reviewing all grant related expenditures and ensuring all unallowable costs are accounted for accordingly and not charged to a federal award. Anticipated completion date: January 1, 2020

About Activities Allowed or Unallowed, Allowable Costs / Cost Principles →

FY 2016-12-31

FAC accepted this audit on September 27, 2017 — management decision was due March 27, 2018.

2016-001
Cost Allowability

GSA_MIGRATION

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GSA_MIGRATION

Corrective Action Plan

GSA_MIGRATION

About Allowable Costs / Cost Principles →

Data source: This information comes from the Federal Audit Clearinghouse, the official repository of Single Audit data. All data is public domain. Verify this organization's audit history at fac.gov.

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