Building Futures

EIN: 813939129

UEI: M9YVQDH5EMZ5

8
Audit Years
4
Total Findings
1
Repeat Findings

FY 2019-06-30

Management decision deadline — for entities that funded this organization

The FAC accepted this audit on March 13, 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 September 13, 2020, which was (2166 days ago).

What is a management decision? →
2019-001
Cost Allowability
REPEAT
Condition

Payroll cost allocation should be supported by personnel activity repots or equivalent documentation which meets the Uniform Guidance standards. It was identified that the Organization?s labor costs for individuals with time allocable to multiple programs were being distributed among programs based on budgetary assumptions and not actual time spent working with the grant for the months of July 2018 through November 2018.

Corrective Action Plan

Effective November 2018, we have implanted the use time sheets that are utilized by all personnel to track time incurred on each individual program and/or administrative function. Payroll, payroll taxes and fringe benefits are allocated each pay period based upon actual time incurred.

Prior Finding References

2018-001

About Allowable Costs / Cost Principles →
2019-002
Reporting
Condition

The 2018 audited financial statement and supplemental information of the Organization were not submitted to the Federal Audit Clearinghouse (?FAC?) who operates on behalf of the Office of Management and Budget (?OMB?) by the earlier of 30 days after receipt of the auditor?s report or nine months after the end of the fiscal year as established by the FAC and OMB.

Corrective Action Plan

Importance of timely reporting and deadlines was reinforced during the year. Audit was completed and submitted to the FAC within the required submission period.

About Reporting →

FY 2018-06-30

Management decision deadline — for entities that funded this organization

The FAC accepted this audit on April 2, 2019. 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 October 2, 2019, which was (2513 days ago).

What is a management decision? →
2018-001
Cost Allowability
Condition

GSA_MIGRATION

Corrective Action Plan

GSA_MIGRATION

About Allowable Costs / Cost Principles →
2018-002
Subrecipient Monitoring
Condition

GSA_MIGRATION

Corrective Action Plan

GSA_MIGRATION

About Subrecipient Monitoring →

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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