COMSTOCK COMMUNITY CENTER, INCORPORATED

Program Name - Community Facilities Loans and Grants Cluster, U.S. Department of Agriculture, Assistance Listing Number 10.766 Finding Type – Material Weakness in internal control Criteria – The Organization was required to complete and submit an audit over on compliance for each major federal awards program and on internal control over compliance required by the Uniform Guidance (hereafter referred to as the “Single Audit”) for the years ended December 31, 2023 and 2022 within nine months of the year-end date. Condition – A Single Audit was not timely completed and submitted for the fiscal reporting years ended December 31, 2023 and 2022. Cause – The Organization did not spend any federally sourced funds, during either of the above fiscal reporting year ends. The Single Audit the requirement exists due to the outstanding direct federal loan balance with the U.S. Department of Agriculture (USDA). In prior years, the USDA did not require a single audit submission from the Organization. In December 2023 the USDA informed the Organization about changes related to the Single Audit requirements on outstanding loan balances. Effect – The Organization was not in compliance with reporting requirements in relation to the filing of a Single Audit for the fiscal reporting years noted above. Questioned Costs – None Recommendation – We recommend that the Organization implement an internal review process wherein management timely identifies periods in which a Single Audit may be required. Views of Responsible Officials and Planned Corrective Actions – The Organization has established internal guidelines for identifying future Single Audit requirements and will seek clarification with any federal granting agencies related to filing requirements each year. Additionally, as evidenced by the filing of this report, the Organization has perform the audit for the year ended December 31, 2023.