FAC Explorer

Audit 299164

FY End
2023-06-30
Total Expended
$1.74M
Findings
4
Programs
1
Organization: Accessible Country Trail, Inc. 042-Hd033 (OH)
Year: 2023 Accepted: 2024-03-28
Auditor: Cliftonlarsonallen LLP

Organization Exclusion Status:

Findings

ID Ref Severity Repeat Requirement
386842 2023-001 Significant Deficiency - C
386843 2023-001 Significant Deficiency - C
963284 2023-001 Significant Deficiency - C
963285 2023-001 Significant Deficiency - C

Programs

ALN Program Spent Major Findings
14.181 Supportive Housing for Persons with Disabilities $1.63M Yes 1

Contacts

Name Title Type
RXQTQMNEMMK4 Cheryl Wilson Auditee
4192446909 Ken Saggese Auditor
No contacts on file

Notes to SEFA

Accounting Policies: Basis of presentation The accompanying schedule of expenditures of federal awards (the “Schedule”) includes the federal award activity of Accessible Country Trail, Inc. under programs of the federal government for the year ended June 30, 2023. 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, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance). Because the Schedule presents only a selected portion of the operations of Accessible Country Trail, Inc., it is not intended to and does not present the financial position, changes in net assets, or cash flows of Accessible Country Trail, Inc. Summary of significant accounting policies Expenditures 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. De Minimis Rate Used: N Rate Explanation: Accessible Country Trail, Inc. has elected not to use the ten-percent de minimis indirect cost rate as allowed under the Uniform Guidance.

Finding Details

Finding 2023-001
Finding 2023-001 Criteria The finding was evaluated from the regulatory HUD guidelines. Statement of Condition The Project did not complete one of the monthly required deposit to the reserve for replacement. Cause The deposit not being completed timely was the result of an oversight. Effect or Potential Effect The reserve for replacement was underfunded by $3,450 for the year ended June 30, 2023. Reporting Views of Responsible Officials Management has completed the required deposit to the reserve for replacement of $3,450 in September 2023. Recommendation We recommend management make timely required deposits to the reserve for replacement. Response Management has completed the required deposit to the reserve for replacement of $3,450 in September 2023.
Finding 2023-001
Finding 2023-001 Criteria The finding was evaluated from the regulatory HUD guidelines. Statement of Condition The Project did not complete one of the monthly required deposit to the reserve for replacement. Cause The deposit not being completed timely was the result of an oversight. Effect or Potential Effect The reserve for replacement was underfunded by $3,450 for the year ended June 30, 2023. Reporting Views of Responsible Officials Management has completed the required deposit to the reserve for replacement of $3,450 in September 2023. Recommendation We recommend management make timely required deposits to the reserve for replacement. Response Management has completed the required deposit to the reserve for replacement of $3,450 in September 2023.
Finding 2023-001
Finding 2023-001 Criteria The finding was evaluated from the regulatory HUD guidelines. Statement of Condition The Project did not complete one of the monthly required deposit to the reserve for replacement. Cause The deposit not being completed timely was the result of an oversight. Effect or Potential Effect The reserve for replacement was underfunded by $3,450 for the year ended June 30, 2023. Reporting Views of Responsible Officials Management has completed the required deposit to the reserve for replacement of $3,450 in September 2023. Recommendation We recommend management make timely required deposits to the reserve for replacement. Response Management has completed the required deposit to the reserve for replacement of $3,450 in September 2023.
Finding 2023-001
Finding 2023-001 Criteria The finding was evaluated from the regulatory HUD guidelines. Statement of Condition The Project did not complete one of the monthly required deposit to the reserve for replacement. Cause The deposit not being completed timely was the result of an oversight. Effect or Potential Effect The reserve for replacement was underfunded by $3,450 for the year ended June 30, 2023. Reporting Views of Responsible Officials Management has completed the required deposit to the reserve for replacement of $3,450 in September 2023. Recommendation We recommend management make timely required deposits to the reserve for replacement. Response Management has completed the required deposit to the reserve for replacement of $3,450 in September 2023.