EIN: 526049658
UEI: HVD2ST69XRW4
Audit also covers EIN: 521851251 · unlinked EINs have no separate FAC filing
Audited by: KPMG LLP
Oversight agency: 21 [Department of the Treasury]
View federal awards & risk assessment →
Data as of September 7, 2026
Management decision deadline — for entities that funded this organization
The FAC accepted this audit on March 26, 2025. 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 September 26, 2025 (349 days ago).
What is a management decision? →The Company did not have adequate controls for reporting expenditures on the SEFA for the COVID-19: Coronavirus State and Local Fiscal Recovery Funds (SLFRF). Specifically, management stated that ineffective communication between the grants and accounting departments led to the creation of a general ledger account for SLFRF that was not properly coded as a federal award. Additionally, the Company lacked documented procedures for recording expenditures in the correct fiscal year. This resulted in management erroneously recording expenditures on the SEFA using the cash basis rather than the accrual basis of accounting. Due to these conditions, the Company identified two errors during fiscal year 2024: • $676,054 of fiscal year 2023 SLFRF expenditures were incorrectly included on the June 30, 2024 SEFA because the award had not been identified as federal in the general ledger. • $291,465 of fiscal year 2024 SLFRF expenditures were incorrectly excluded from the June 30, 2024 SEFA because the Company used the cash basis instead of the accrual basis of accounting. As a result, the June 30, 2024 SEFA was restated to reduce SLFRF expenditures by $384,589.
Show full finding ▾Hide full finding ▴The Company did not have adequate controls for reporting expenditures on the SEFA for the COVID-19: Coronavirus State and Local Fiscal Recovery Funds (SLFRF). Specifically, management stated that ineffective communication between the grants and accounting departments led to the creation of a general ledger account for SLFRF that was not properly coded as a federal award. Additionally, the Company lacked documented procedures for recording expenditures in the correct fiscal year. This resulted in management erroneously recording expenditures on the SEFA using the cash basis rather than the accrual basis of accounting. Due to these conditions, the Company identified two errors during fiscal year 2024: • $676,054 of fiscal year 2023 SLFRF expenditures were incorrectly included on the June 30, 2024 SEFA because the award had not been identified as federal in the general ledger. • $291,465 of fiscal year 2024 SLFRF expenditures were incorrectly excluded from the June 30, 2024 SEFA because the Company used the cash basis instead of the accrual basis of accounting. As a result, the June 30, 2024 SEFA was restated to reduce SLFRF expenditures by $384,589.
Management will strengthen internal controls over the reporting of expenditures on the schedule of expenditures of federal awards (SEFA) to ensure it is complete and accurate. The Company will provide additional training to staff to better understand the importance of the reporting requirements and how to properly record federal awards in the general ledger. Management will work directly with the accounting and grants departments when the Company receives new awards to ensure that all award information is reviewed appropriately to determine if it is a federal award.
FAC accepted this audit on February 3, 2026 — management decision was due August 3, 2026.
The Company did not have adequate controls for reporting expenditures on the SEFA for the COVID-19: Coronavirus State and Local Fiscal Recovery Funds (SLFRF). Specifically, management stated that ineffective communication between the grants and accounting departments led to the creation of a general ledger account for SLFRF that was not properly coded as a federal award. Additionally, the Company lacked documented procedures for recording expenditures in the correct fiscal year. This resulted in management erroneously recording expenditures on the SEFA using the cash basis rather than the accrual basis of accounting. Due to these conditions, the Company identified two errors during fiscal year 2024: • $676,054 of fiscal year 2023 SLFRF expenditures were incorrectly included on the June 30, 2024 SEFA because the award had not been identified as federal in the general ledger. • $291,465 of fiscal year 2024 SLFRF expenditures were incorrectly excluded from the June 30, 2024 SEFA because the Company used the cash basis instead of the accrual basis of accounting. As a result, the June 30, 2024 SEFA was restated to reduce SLFRF expenditures by $384,589.
Show full finding ▾Hide full finding ▴The Company did not have adequate controls for reporting expenditures on the SEFA for the COVID-19: Coronavirus State and Local Fiscal Recovery Funds (SLFRF). Specifically, management stated that ineffective communication between the grants and accounting departments led to the creation of a general ledger account for SLFRF that was not properly coded as a federal award. Additionally, the Company lacked documented procedures for recording expenditures in the correct fiscal year. This resulted in management erroneously recording expenditures on the SEFA using the cash basis rather than the accrual basis of accounting. Due to these conditions, the Company identified two errors during fiscal year 2024: • $676,054 of fiscal year 2023 SLFRF expenditures were incorrectly included on the June 30, 2024 SEFA because the award had not been identified as federal in the general ledger. • $291,465 of fiscal year 2024 SLFRF expenditures were incorrectly excluded from the June 30, 2024 SEFA because the Company used the cash basis instead of the accrual basis of accounting. As a result, the June 30, 2024 SEFA was restated to reduce SLFRF expenditures by $384,589.
Management will strengthen internal controls over the reporting of expenditures on the schedule of expenditures of federal awards (SEFA) to ensure it is complete and accurate. The Company will provide additional training to staff to better understand the importance of the reporting requirements and how to properly record federal awards in the general ledger. Management will work directly with the accounting and grants departments when the Company receives new awards to ensure that all award information is reviewed appropriately to determine if it is a federal award.
FAC accepted this audit on March 27, 2024 — management decision was due September 27, 2024.
FAC accepted this audit on March 23, 2023 — management decision was due September 23, 2023.
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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