FAC Explorer

Audit 27311

FY End
2022-12-31
Total Expended
$809,062
Findings
2
Programs
3
Organization: Accessible Space North, Inc. (MN)
Year: 2022 Accepted: 2023-06-11
Auditor: Hinrichs & Associates LTD

Organization Exclusion Status:

Findings

ID Ref Severity Repeat Requirement
26118 2022-001 - - B
602560 2022-001 - - B

Programs

ALN Program Spent Major Findings
14.155 Section 223(f) Insured Mortgage $713,009 Yes 1
14.157 Prac Assistance $71,053 - 0
14.218 Community Development Block Grants/entitlement Grants $25,000 - 0

Contacts

Name Title Type
CRVGDX8WLLV5 Chuck Reuter Auditee
6516457271 Bob Baker Auditor
No contacts on file

Notes to SEFA

Title: Loan/loan guarantee outstanding balances Accounting Policies: NOTE B SUMMARY OF SIGNIFICANT ACCOUNTING POLICIESExpenditures reported on the Schedule are reported on the accrual basis of accounting. Such expenditures are recognized following the cost principles contained in the Uniform Guidance, wherein certain types of expenditures are not allowable or are limited as to reimbursement. Accessible Space North, Inc. has elected not to use the 10-percent de minimis indirect cost rate allowed under the Uniform Guidance. De Minimis Rate Used: N Rate Explanation: The auditee did not use the de minimis cost rate. SECTION 223(F) INSURED MORTGAGE (14.155) - Balances outstanding at the end of the audit period were 700112.

Finding Details

Finding 2022-001
ACCESSIBLE SPACE NORTH, INC. HUD PROJECT NO. 092-11429 SCHEDULE OF FINDINGS AND QUESTIONED COSTS (CONTINUED) YEAR ENDED DECEMBER 31, 2022 C. Findings and Questioned Costs - Major Federal Award Programs Audit Questioned Costs DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT FINDING 2022-001: SECTION 223(f), ASSISTANCE LISTING NUMBER 14.155 Condition: The Project paid the expense of another project under common management. Criteria: The Project should not pay the expense of another project. Effect: The amount of expenses incorrectly paid was $3,663. Context: The Accounts and Note Receivable account was tested at December 31, 2022. No sample was tested. Questioned Costs $3,663 Cause: The Project mistakenly paid an invoice of another project under common management. Recommendation: The Project should carefully review invoices before payment to make sure it pays the correct amount. Views of Responsible Officials and Planned Corrective Actions: The Project agrees with the finding. The accounts payable staff will be reminded to be careful when entering invoices for payment. Total-Department of Housing and Urban Development $3,663 Non-compliance code - R
Finding 2022-001
ACCESSIBLE SPACE NORTH, INC. HUD PROJECT NO. 092-11429 SCHEDULE OF FINDINGS AND QUESTIONED COSTS (CONTINUED) YEAR ENDED DECEMBER 31, 2022 C. Findings and Questioned Costs - Major Federal Award Programs Audit Questioned Costs DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT FINDING 2022-001: SECTION 223(f), ASSISTANCE LISTING NUMBER 14.155 Condition: The Project paid the expense of another project under common management. Criteria: The Project should not pay the expense of another project. Effect: The amount of expenses incorrectly paid was $3,663. Context: The Accounts and Note Receivable account was tested at December 31, 2022. No sample was tested. Questioned Costs $3,663 Cause: The Project mistakenly paid an invoice of another project under common management. Recommendation: The Project should carefully review invoices before payment to make sure it pays the correct amount. Views of Responsible Officials and Planned Corrective Actions: The Project agrees with the finding. The accounts payable staff will be reminded to be careful when entering invoices for payment. Total-Department of Housing and Urban Development $3,663 Non-compliance code - R