Audit Questions
What is the name of the document submitted online through the Federal Audit Clearinghouse at the completion of a single audit?
Data Collection Form
What metric is used to sort the “Three Largest Program Services” in Part III?
Expenses
What is the name of the client-prepared document including all federal funds spent during the year?
Schedule of Expenditures of Federal Awards (SEFA)
What year was CSH founded?
1938
How many teaspoons are in a tablespoon?
3
Are PPP loans required to be included on the SEFA?
No
What is the requirement for independent contractors to be included on Part VII.B?
5 highest paid over $100,000
True or False: Donor names and addresses are included on the public disclosure copy of the 990-PF
True
What is CSH's mission statement?
Bettering the lives of our clients, our people, and our communities.
How many feet are in a mile?
5,280
When is the In-Kind Donations standard (2020-07) effective?
Periods beginning after June 15, 2021; Year Ends: 6/30/22, 12/31/22
Which schedule do you use in tandem with Part XI – reconciliation of net assets?
Sch D
What is the name of the document published annually by the Office of Management and Budget listing compliance requirements?
The Compliance Supplement
What are the REAL values?
Respect
Excellence
Accountability
Leadership
How many Fahrenheit is equivalent to 0 degree Celsius?
32 degrees
What is the government-wide framework for grant management?
The Uniform Guidance (Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards)
Name one type of relationship on Schedule R that should be listed on parts 1-4
Disregarded entities, parent, subsidiary, brother/sister, supporting/supported org,
Sponsoring org of VEBA, contributing employer of VEBA.
What is the excise tax % for investment income for private foundations for tax years starting after December 20, 2019?
1.39%
What are the four CSH Way pillars?
Trust
Guidance
Outcomes
Vision
What is a light-year? BONUS: Approximately what is its distance in miles?
A light-year is the distance light travels in one Earth year.
Approximately 6 trillion miles
Name 3 of the 12 compliance requirements
1. Activities Allowed or Unallowed 2. Allowable Costs Principles 3. Cash Management 4. Eligibility 5. Equipment/Real Property Management 6. Matching, Level of Effort, Earmarking 7. Period of Performance 8. Procurement Suspension & Debarment 9. Program Income 10. Reporting 11. Subrecipient Monitoring 12. Special tests and Provisions
Name an activity that would create Unrelated Business Income
Advertising, debt-financed rent, dual use facilities, investment in S-Corp/Pship, sales of products/inventory, sales of insurance
Private non-operating foundations generally must make an annual distribution equal to roughly ___ of its prior year’s average net investment assets.
5%
Name all of our locations (and no, your house doesn't count!)
Cincinnati
Columbus
Cleveland
Miami Valley
Northern Kentucky
Springfield
Toledo
East Lansing
West Chester
In computing, a nibble is how many bits?
Four bits