SOUTH CAROLINA UNIVERSITIES RESEARCH AND EDUCATION FOUNDATION

EIN: 570880832

UEI: Z4SVTHE1ZWU1

Data as of August 25, 2026

SOUTH CAROLINA UNIVERSITIES RESEARCH AND EDUCATION FOUNDATION10 audit years2 findings
10
Audit Years
2
Total Findings
0
Repeat Findings

FY 2022-06-30

Management decision deadline — for entities that funded this organization

The FAC accepted this audit on August 29, 2023. 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 February 29, 2024 (908 days ago).

What is a management decision? →
2022-002
Reporting

For the years ended June 30, 2022 and 2021, the Foundation expended more than $750,000 in federal awards and did not submit their single audit and related reports to the Federal Audit Clearinghouse by their respective due dates of March 31, 2023 and 2022. Cause: Audits were not conducted timely in order for the information to be submitted on time. Effect or Potential Effect: Potential to not be eligible to receive federal assistance in the future.Context: The Foundation did not complete and submit their single audit to the Federal Audit Clearinghouse in a timely manner for each of the fiscal years ended June 30, 2022 or 2021. Recommendation: The Foundation should implement proper accounting policies and procedures to help facilitate the timely completion of the single audit and submission of related reports.

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Full finding narrative

Finding 2022-002 Information on the Federal Program: Assistance Listing Number 81.121 ? Nuclear Energy Research, Development and Demonstration, United States Department of Energy. Compliance Requirement: Reporting. Type of Finding: Noncompliance Criteria: The regulations 45 CFR Part 75, Subpart F, requires a non-federal entity that spends $750,000 or more in Federal awards during their fiscal year to complete an audit under Uniform Guidance and submit related reports to the Federal Audit Clearinghouse within the earlier of 30 calendar days after receipt of the auditor?s report or nine months after the end of the audit period. Condition: For the years ended June 30, 2022 and 2021, the Foundation expended more than $750,000 in federal awards and did not submit their single audit and related reports to the Federal Audit Clearinghouse by their respective due dates of March 31, 2023 and 2022. Cause: Audits were not conducted timely in order for the information to be submitted on time. Effect or Potential Effect: Potential to not be eligible to receive federal assistance in the future.Context: The Foundation did not complete and submit their single audit to the Federal Audit Clearinghouse in a timely manner for each of the fiscal years ended June 30, 2022 or 2021. Recommendation: The Foundation should implement proper accounting policies and procedures to help facilitate the timely completion of the single audit and submission of related reports.

Corrective Action Plan

Description of Finding: Finding 2022-002 condition relates to noncompliance of regulation 45 CFR Part 75, Subpart F which requires a non-federal entity that spends $750,00 or more in federal awards during their fiscal year to complete and audit under Uniform Guidance and submit related reports to the Federal Audit Clearinghouse within the earlier of 30 calendar days after receipt of the auditor?s report or nine months after the end of the audit period. Statement of Concurrence or Nonconcurrence: SCUREF management concurs with this finding. Corrective Action: To resolve audit finding 2022-002, SCUREF management will begin the audit process no later than September 15 of each year subsequent to the end of the audit period. Name of Contact Person: LaDonna Hall, CFO lhall@scuref.org 803-642-4187 Projected Completion Date: SCUREF?s management will begin working with the Hobbs group in September 2023 to complete the audit for FYE23.

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FY 2018-06-30

FAC accepted this audit on June 18, 2019 — management decision was due December 18, 2019.

2018-001
Reporting
MATERIAL WEAKNESS

GSA_MIGRATION

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GSA_MIGRATION

Corrective Action Plan

GSA_MIGRATION

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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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