🌟 GRANT COMPLIANCE REVIEW
Grant Compliance Review
Know Whether Your Grant Dollars Are Being Managed as Required
A focused financial review designed to help nonprofit organizations identify grant-management, documentation, reporting, and financial compliance risks.
Starting at $750
What This Is
Understand the Financial Side of Grant Compliance
Grant funding comes with responsibilities.
Organizations must understand applicable award requirements, properly track expenditures, maintain supporting documentation, monitor budgets, and report financial activity appropriately.
The Pennies Count Grant Compliance Review provides a focused assessment of the financial management of grant funds to help nonprofit leadership identify potential areas of concern before they become larger problems.
This is not a legal compliance review.
This is not a government compliance audit.
It is a financial and grant-management diagnostic designed to identify potential risks, documentation gaps, and areas requiring additional attention.
Who It’s For
Are Your Grants Being Managed Appropriately?
The Grant Compliance Review is designed for nonprofit organizations managing grant-funded programs and activities
It's a good fit for organizations:
Managing government or foundation grants
Managing multiple grants or restricted funding sources
Preparing for grant monitoring
Preparing for a financial review
Concerned about grant expenditures
Concerned about supporting documentation
Unsure whether grant costs are being appropriately tracked
Experiencing significant grant budget-to-actual variances
Concerned about grant financial reporting
Experiencing changes in grant-management personnel
Addressing prior grant or audit findings
Wanting an independent assessment of grant financial practices
What You’ll Receive
Grant Compliance Findings in Plain English
Grant Compliance Findings Summary
A clear summary of the areas reviewed and the issues identified.
Areas of Strength
What appears to be working well within your grant-management process.
Areas Requiring Attention
Potential weaknesses, inconsistencies, or documentation gaps.
Potential Compliance Risks
Issues that may warrant additional investigation, correction, or management attention.
Priority Recommendations
The most important actions to address first.
Leadership Debrief
A 30-minute conversation to review the findings, answer questions, and discuss potential next steps..
What not included
A Grant Compliance Review Is Not a Legal Opinion
The Grant Compliance Review is a financial and grant-management diagnostic.
It is not:
A legal opinion
A formal government compliance audit
A certification of compliance
A substitute for the requirements of the awarding agency
A complete review of every grant transaction unless specifically included in the engagement scope
The review is based on the information and award documentation provided to Pennies Count and the scope agreed upon for the engagement.
If legal interpretation is required, the organization should consult qualified legal counsel.
If corrective or implementation work is needed, Pennies Count can discuss a separate engagement.
What We Review
Follow the Grant Dollars
Award Requirements
We review applicable financial requirements within the documentation provided and identify key financial obligations that should be considered.
Grant Budget & Expenditures
We examine available budget and expenditure information for significant variances or areas requiring additional review.
Cost Classification
We assess selected costs for potential classification, allowability, or allocation concerns based on the applicable award requirements.
Cost Allocation
Where applicable, we review the organization's approach to allocating shared or indirect costs to grant-funded activities.
Supporting Documentation
We assess whether selected grant expenditures appear adequately supported and traceable to the underlying financial records.
Grant Coding & Tracking
We review how grant-related activity is identified and tracked within the accounting system.
Financial Reporting
We examine available grant financial reports for consistency with the accounting records and applicable reporting requirements.
Internal Controls
We review key controls surrounding grant expenditures, approvals, documentation, tracking, and reporting.
A Grant Budget Isn't the Same as a Grant Compliance Review
An organization may have a grant that appears to be within budget, but that doesn't necessarily mean the expenditures meet the applicable grant requirements.
For example, an organization may properly record an expense in its accounting system but still need to determine whether:
The expense was allowable under the award
The cost was appropriately allocated
The expenditure was properly supported
The expense was charged to the correct grant
The organization followed its required approval process
The financial report agrees with the underlying accounting records
Grant compliance is about more than spending the money.
It's about being able to demonstrate that the money was managed appropriately.
💵 Investment
The Grant Compliance Review starts at $750
The final fee may vary based on:
Number of grants
Award complexity
Funding source
Transaction volume
Reporting requirements
Number of programs or cost centers
Scope of documentation to be reviewed
Payment is due upon completion and delivery of the final review.
For larger or more complex organizations, a customized scope and fee may apply.
How It Works
1.Request Your Review
Complete the Grant Complaince Review request form below.
2.Complete the Intake
After submitting your request, you'll receive the appropriate intake form. Tell us about your organization, your concerns, and what you want the review to address.
3.We Review Your Information
Pennies Count reviews your intake to understand your needs and determine the appropriate scope for the engagement.
4.Confirm Scope
We'll discuss the proposed scope, deliverables, timeline, and fee before the review begins.
5.Submit Your Documents
Once the engagement is confirmed, you'll receive a secure document request and upload instructions. Documents are submitted through a secure Pennies Count upload link.
6.We Conduct the Review
Pennies Count reviews the information provided within the agreed-upon scope.
7.Receive Your Findings
You'll receive your review findings and prioritized recommendations, followed by a leadership debrief to discuss the results and next steps.
Ready to Take a Closer Look at Your Grant Management?
Understanding how grant funds are tracked, documented, and reported can help your organization identify potential problems before they become larger compliance or audit issues.
Or, if you're not sure whether this is the right service:
No pressure, no commitment — just clarity on what you need and what fits your situation.