Item FA 2025-001 (2022-001) Material Weakness - Controls over Sub-Recipients: Statement of Condition: The Organization is new to Single Audit requirements. They did not realize when giving funds to sub-recipients, the Organization is required to monitor the funding is being us…
Source: Federal Audit Clearinghouse single audits (required of organizations expending $1,000,000+ in federal awards per year for fiscal years beginning on or after Oct 1, 2024; $750,000 before).