FAC Explorer

Audit 25051

FY End
2022-06-30
Total Expended
$1.35M
Findings
4
Programs
2
Organization: Sunrise House, Inc. (MO)
Year: 2022 Accepted: 2023-09-05
Auditor: Ralph C Johnson & CO

Organization Exclusion Status:

Findings

ID Ref Severity Repeat Requirement
29600 2022-001 - Yes C
29601 2022-001 - Yes C
606042 2022-001 - Yes C
606043 2022-001 - Yes C

Programs

ALN Program Spent Major Findings
14.181 Supportive Housing for Persons with Disabilities $1.28M Yes 1
14.195 Section 8 Housing Assistance Payments Program $67,036 - 1

Contacts

Name Title Type
GLWHZRKWNP93 Fred Gibbs Auditee
8168414898 Ralph C Johnson Auditor
No contacts on file

Notes to SEFA

Title: Loan/loan guarantee outstanding balances Accounting Policies: NOTE A - BASIS PRESENTATIONThe above schedule of expenditures of federal awards includes the federal activity of Sunrise House, Inc., HUD Project No. 084-HD030, and is presented on the accrual basis of accounting. The information in this schedule is presented in accordance with the requirements of Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements for Federal Awards (Uniform Guidance). Therefore, some of the amounts presented in this schedule may differ from the amounts presented in, or used in the preparation of the basic financial statements.NOTE B - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIESExpenditures reported in the Schedule of Expenditures of Federal Awards are reported based upon generally accepted accounting principles of the United States of America.NOTE C - SUB-RECIPIENTSThere were no sub-recipients of Sunrise House, Inc..NOTE D - INDIRECT COST RATESunrise House, Inc. has elected not to use the 10 percent de minimis indirect cost rate as allowed under the Uniform Guidance. De Minimis Rate Used: N Rate Explanation: The auditee did not use the de minimis cost rate. SUPPORTIVE HOUSING FOR PERSONS WITH DISABILITIES (14.181) - Balances outstanding at the end of the audit period were 1284600.

Finding Details

Finding 2022-001
FINDINGS AND QUESTIONED COSTS - MAJOR FEDERAL AWARD PROGRAMS AUDIT Finding 2022-001- Residual Receipt Deposits Condition Found The $4,866 of surplus cash at June 30, 2022 was not deposited into the residual receipts account within ninety days. Criteria: According to HUD?s guidelines, a Project must deposit surplus cash due to residual receipts within ninety days after the fiscal period ends (REAC submission due date) Cause Project management did not transfer the surplus cash of $5,366 from the operating account to the residual receipts Effect: The Project held excess cash and did not make the required residual receipts deposits. Recommendation: Management?s response
Finding 2022-001
FINDINGS AND QUESTIONED COSTS - MAJOR FEDERAL AWARD PROGRAMS AUDIT Finding 2022-001- Residual Receipt Deposits Condition Found The $4,866 of surplus cash at June 30, 2022 was not deposited into the residual receipts account within ninety days. Criteria: According to HUD?s guidelines, a Project must deposit surplus cash due to residual receipts within ninety days after the fiscal period ends (REAC submission due date) Cause Project management did not transfer the surplus cash of $5,366 from the operating account to the residual receipts Effect: The Project held excess cash and did not make the required residual receipts deposits. Recommendation: Management?s response
Finding 2022-001
FINDINGS AND QUESTIONED COSTS - MAJOR FEDERAL AWARD PROGRAMS AUDIT Finding 2022-001- Residual Receipt Deposits Condition Found The $4,866 of surplus cash at June 30, 2022 was not deposited into the residual receipts account within ninety days. Criteria: According to HUD?s guidelines, a Project must deposit surplus cash due to residual receipts within ninety days after the fiscal period ends (REAC submission due date) Cause Project management did not transfer the surplus cash of $5,366 from the operating account to the residual receipts Effect: The Project held excess cash and did not make the required residual receipts deposits. Recommendation: Management?s response
Finding 2022-001
FINDINGS AND QUESTIONED COSTS - MAJOR FEDERAL AWARD PROGRAMS AUDIT Finding 2022-001- Residual Receipt Deposits Condition Found The $4,866 of surplus cash at June 30, 2022 was not deposited into the residual receipts account within ninety days. Criteria: According to HUD?s guidelines, a Project must deposit surplus cash due to residual receipts within ninety days after the fiscal period ends (REAC submission due date) Cause Project management did not transfer the surplus cash of $5,366 from the operating account to the residual receipts Effect: The Project held excess cash and did not make the required residual receipts deposits. Recommendation: Management?s response