FAC Explorer

Audit 322053

FY End
2023-12-31
Total Expended
$7.19M
Findings
4
Programs
9
Organization: Parkview Services (WA)
Year: 2023 Accepted: 2024-09-28
Auditor: 911566381

Organization Exclusion Status:

Findings

ID Ref Severity Repeat Requirement
499246 2023-002 Significant Deficiency Yes L
499247 2023-002 Significant Deficiency Yes L
1075688 2023-002 Significant Deficiency Yes L
1075689 2023-002 Significant Deficiency Yes L

Programs

ALN Program Spent Major Findings
59.008 Disaster Assistance Loans $600,000 Yes 1
14.228 Community Development Block Grants/entitlement Grants $306,528 Yes 0
14.239 Home Investment Partnerships Program $140,000 - 0
14.218 Community Development Block Grants/entitlement Grants $135,000 Yes 0
14.871 Section 8 Housing Choice Vouchers $118,781 - 1
21.026 Homeowner Assistance Fund $112,125 Yes 0
14.U00 Rental Rehab Program Community Housing Improvement $57,217 - 0
14.U00 Community Housing Improvement Program $40,000 - 0
14.169 Housing Counseling Assistance Program $17,291 - 0

Contacts

Name Title Type
J61WAQ3T1UE9 Marc Cote Auditee
2065426610 Leslie Sesser Auditor
No contacts on file

Notes to SEFA

Title: Basis of Presentation 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 OMB Super Circular, Cost Principles for Non-profit Organizations, wherein certain types of expenditures are not allowable or are limited as to reimbursement. Pass-through entity identifying numbers are presented where available. De Minimis Rate Used: Y Rate Explanation: Parkview Services has not elected to use the 10% de minimis indirect cost rate. The accompanying schedule of expenditures of federal awards (the Schedule) includes the federal grant activity of Parkview Services under programs of the federal government for the year ended December 31, 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. Because the schedule presents only a selected portion of the operations of Parkview Services, it is not intended to and does not present the financial position, changes in net assets, functional expenses or cash flows of Parkview Services.
Title: Loans Outstanding 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 OMB Super Circular, Cost Principles for Non-profit Organizations, wherein certain types of expenditures are not allowable or are limited as to reimbursement. Pass-through entity identifying numbers are presented where available. De Minimis Rate Used: Y Rate Explanation: Parkview Services has not elected to use the 10% de minimis indirect cost rate. Parkview Services had the following forgivable loans outstanding at December 31, 2023: Parkview Services had the following non-forgivable loans outstanding at December 31, 2023:

Finding Details

Finding 2023-002
Identification as a Repeat Finding: Elements of this finding are repeats of Finding 2022-002. Finding: The Organization was late in filing reports required by program contracts. Criteria: Federal contracts identify periodic reporting requirements for reports due to funders. Sample Size and Population: 1 of 5 reports required for major programs. Condition and Context: The Small Business Administration (SBA) loan agreement requires submission of financial statements within 90 days of year end. The Organization did not submit financials directly to the SBA. Additionally, the HUD REAC submission for Section 8 Housing Choice Vouchers was not filed within 90 days of year end as required by HUD in 2023 and 2024. Effect: As a result of late submissions, federal funders did not have timely access to relevant information regarding the Organization’s transactions involving federal funds. Cause: The Organization presumed its annual filing on the Federal Audit Clearinghouse would meet the SBA’s requirement. However, the filing was submitted in September 2023 and a waiver of the 90 day deadline was not requested from the SBA. The responsibility for preparing the HUD REAC submission reports transitioned between staff during the year. Recommendations: We recommend the Organization implement systems of tracking grant reporting deadlines in order to ensure that reporting deadlines are met timely. Questioned Costs: None Management Response: Management response is reported in the “Corrective Action Plan” at the end of this report. Contact Person: Marc Cote, Executive Director 206-542-6644
Finding 2023-002
Identification as a Repeat Finding: Elements of this finding are repeats of Finding 2022-002. Finding: The Organization was late in filing reports required by program contracts. Criteria: Federal contracts identify periodic reporting requirements for reports due to funders. Sample Size and Population: 1 of 5 reports required for major programs. Condition and Context: The Small Business Administration (SBA) loan agreement requires submission of financial statements within 90 days of year end. The Organization did not submit financials directly to the SBA. Additionally, the HUD REAC submission for Section 8 Housing Choice Vouchers was not filed within 90 days of year end as required by HUD in 2023 and 2024. Effect: As a result of late submissions, federal funders did not have timely access to relevant information regarding the Organization’s transactions involving federal funds. Cause: The Organization presumed its annual filing on the Federal Audit Clearinghouse would meet the SBA’s requirement. However, the filing was submitted in September 2023 and a waiver of the 90 day deadline was not requested from the SBA. The responsibility for preparing the HUD REAC submission reports transitioned between staff during the year. Recommendations: We recommend the Organization implement systems of tracking grant reporting deadlines in order to ensure that reporting deadlines are met timely. Questioned Costs: None Management Response: Management response is reported in the “Corrective Action Plan” at the end of this report. Contact Person: Marc Cote, Executive Director 206-542-6644
Finding 2023-002
Identification as a Repeat Finding: Elements of this finding are repeats of Finding 2022-002. Finding: The Organization was late in filing reports required by program contracts. Criteria: Federal contracts identify periodic reporting requirements for reports due to funders. Sample Size and Population: 1 of 5 reports required for major programs. Condition and Context: The Small Business Administration (SBA) loan agreement requires submission of financial statements within 90 days of year end. The Organization did not submit financials directly to the SBA. Additionally, the HUD REAC submission for Section 8 Housing Choice Vouchers was not filed within 90 days of year end as required by HUD in 2023 and 2024. Effect: As a result of late submissions, federal funders did not have timely access to relevant information regarding the Organization’s transactions involving federal funds. Cause: The Organization presumed its annual filing on the Federal Audit Clearinghouse would meet the SBA’s requirement. However, the filing was submitted in September 2023 and a waiver of the 90 day deadline was not requested from the SBA. The responsibility for preparing the HUD REAC submission reports transitioned between staff during the year. Recommendations: We recommend the Organization implement systems of tracking grant reporting deadlines in order to ensure that reporting deadlines are met timely. Questioned Costs: None Management Response: Management response is reported in the “Corrective Action Plan” at the end of this report. Contact Person: Marc Cote, Executive Director 206-542-6644
Finding 2023-002
Identification as a Repeat Finding: Elements of this finding are repeats of Finding 2022-002. Finding: The Organization was late in filing reports required by program contracts. Criteria: Federal contracts identify periodic reporting requirements for reports due to funders. Sample Size and Population: 1 of 5 reports required for major programs. Condition and Context: The Small Business Administration (SBA) loan agreement requires submission of financial statements within 90 days of year end. The Organization did not submit financials directly to the SBA. Additionally, the HUD REAC submission for Section 8 Housing Choice Vouchers was not filed within 90 days of year end as required by HUD in 2023 and 2024. Effect: As a result of late submissions, federal funders did not have timely access to relevant information regarding the Organization’s transactions involving federal funds. Cause: The Organization presumed its annual filing on the Federal Audit Clearinghouse would meet the SBA’s requirement. However, the filing was submitted in September 2023 and a waiver of the 90 day deadline was not requested from the SBA. The responsibility for preparing the HUD REAC submission reports transitioned between staff during the year. Recommendations: We recommend the Organization implement systems of tracking grant reporting deadlines in order to ensure that reporting deadlines are met timely. Questioned Costs: None Management Response: Management response is reported in the “Corrective Action Plan” at the end of this report. Contact Person: Marc Cote, Executive Director 206-542-6644