Finding #2023-003: Section 223(a)(7) HUD Insured Loan, Assistance Listing 14.135 - AAMHA Western Hills, LLC HUD Project No. 115-115888, AAMHA KPTP, LLC HUD Project No 115-35652 and Section 223(f) HUD Insured Loan, Assistance Listing 14.155 - AAMHA Calcasieu, LLC HUD Project No 115-11280 Type of Finding: Significant Deficiency
Type of Finding: Significant Deficiency over Internal Control over Federal Awards
Condition: The management company did not ensure expenses or subsidies received were recorded on the correct operating property’s books.
Criteria: The HUD regulatory agreement requires all expenses paid from the project’s bank account relate to the entity and requires all project cash receipts are deposited into the entity’s bank account.
Questioned Costs: a. $3,199 for AAMHA Western Hills, LLC
b. $24,348 for AAMHA KPTP, LLC
c. $5,869 for AAMHA Calcasieu, LLC
Effect: The Company is in violation of the terms of the HUD Regulatory Agreement governing payment of operating expenses and costs and recording cash receipts.
Cause: Oversight
Repeat Finding: Yes
Recommendation: Management should review the Regulatory Agreement to ensure they are familiar with all the terms of the agreement.
Management’s
Comment: Management is in agreement with finding and will review Regulatory agreement. Management will transfer funds to the appropriate affiliate.
Auditor’s Comment: a. AAMHA Western Hills, LLC - On April 24, 2024, $3,199 was received from an affiliate.
b. AAMHA KPTP, LLC - During 2023, $16,321 was received from affiliates. On May 10, 2023, the Project received $8,027.
c. AAMHA Calcasieu, LLC – On April 16, 2024, the Project received $5,869 from an affiliate.
Finding #2023-003: Section 223(a)(7) HUD Insured Loan, Assistance Listing 14.135 - AAMHA Western Hills, LLC HUD Project No. 115-115888, AAMHA KPTP, LLC HUD Project No 115-35652 and Section 223(f) HUD Insured Loan, Assistance Listing 14.155 - AAMHA Calcasieu, LLC HUD Project No 115-11280 Type of Finding: Significant Deficiency
Type of Finding: Significant Deficiency over Internal Control over Federal Awards
Condition: The management company did not ensure expenses or subsidies received were recorded on the correct operating property’s books.
Criteria: The HUD regulatory agreement requires all expenses paid from the project’s bank account relate to the entity and requires all project cash receipts are deposited into the entity’s bank account.
Questioned Costs: a. $3,199 for AAMHA Western Hills, LLC
b. $24,348 for AAMHA KPTP, LLC
c. $5,869 for AAMHA Calcasieu, LLC
Effect: The Company is in violation of the terms of the HUD Regulatory Agreement governing payment of operating expenses and costs and recording cash receipts.
Cause: Oversight
Repeat Finding: Yes
Recommendation: Management should review the Regulatory Agreement to ensure they are familiar with all the terms of the agreement.
Management’s
Comment: Management is in agreement with finding and will review Regulatory agreement. Management will transfer funds to the appropriate affiliate.
Auditor’s Comment: a. AAMHA Western Hills, LLC - On April 24, 2024, $3,199 was received from an affiliate.
b. AAMHA KPTP, LLC - During 2023, $16,321 was received from affiliates. On May 10, 2023, the Project received $8,027.
c. AAMHA Calcasieu, LLC – On April 16, 2024, the Project received $5,869 from an affiliate.
Finding #2023-003: Section 223(a)(7) HUD Insured Loan, Assistance Listing 14.135 - AAMHA Western Hills, LLC HUD Project No. 115-115888, AAMHA KPTP, LLC HUD Project No 115-35652 and Section 223(f) HUD Insured Loan, Assistance Listing 14.155 - AAMHA Calcasieu, LLC HUD Project No 115-11280 Type of Finding: Significant Deficiency
Type of Finding: Significant Deficiency over Internal Control over Federal Awards
Condition: The management company did not ensure expenses or subsidies received were recorded on the correct operating property’s books.
Criteria: The HUD regulatory agreement requires all expenses paid from the project’s bank account relate to the entity and requires all project cash receipts are deposited into the entity’s bank account.
Questioned Costs: a. $3,199 for AAMHA Western Hills, LLC
b. $24,348 for AAMHA KPTP, LLC
c. $5,869 for AAMHA Calcasieu, LLC
Effect: The Company is in violation of the terms of the HUD Regulatory Agreement governing payment of operating expenses and costs and recording cash receipts.
Cause: Oversight
Repeat Finding: Yes
Recommendation: Management should review the Regulatory Agreement to ensure they are familiar with all the terms of the agreement.
Management’s
Comment: Management is in agreement with finding and will review Regulatory agreement. Management will transfer funds to the appropriate affiliate.
Auditor’s Comment: a. AAMHA Western Hills, LLC - On April 24, 2024, $3,199 was received from an affiliate.
b. AAMHA KPTP, LLC - During 2023, $16,321 was received from affiliates. On May 10, 2023, the Project received $8,027.
c. AAMHA Calcasieu, LLC – On April 16, 2024, the Project received $5,869 from an affiliate.
Finding #2023-004: Inadequate internal controls over Federal Awards
Type of Finding: Other Matter
Condition: The Company is not consistently following the written policies and procedures over federal awards. The Company did not properly monitor the federal award programs available to the operating properties which resulted in lost revenue.
Criteria: Written policies, procedures and standards of conduct required by 2 Code of Federal Regulations Part 200 – Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards, Subpart D – Post Federal Award Requirements and Subpart E – Cost Principles are required.
Questioned Costs: Unknown
Effect: The Company is not in compliance with specific requirements of Uniform Guidance for non-profits. Federal programs were not utilized by the operating properties.
Cause: The Company does not have an adequate internal control system in place to properly monitor and review the federal awards.
Repeat Finding: No
Recommendation: We recommend the Company adhere to the written policies, procedures and standards of conduct. We recommend all federal programs are closely reviewed.
Management’s
Comment: Management is in agreement with finding.
Auditor’s Comment: Alamo is seeking training and support to improve internal controls and policies and procedures for oversight of federal awards. The Board of Directors is providing oversight and researching recommendations to ensure adequate internal controls are functioning. The Company is in the process of selecting a permanent Executive Director.
Finding #2023-004: Inadequate internal controls over Federal Awards
Type of Finding: Other Matter
Condition: The Company is not consistently following the written policies and procedures over federal awards. The Company did not properly monitor the federal award programs available to the operating properties which resulted in lost revenue.
Criteria: Written policies, procedures and standards of conduct required by 2 Code of Federal Regulations Part 200 – Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards, Subpart D – Post Federal Award Requirements and Subpart E – Cost Principles are required.
Questioned Costs: Unknown
Effect: The Company is not in compliance with specific requirements of Uniform Guidance for non-profits. Federal programs were not utilized by the operating properties.
Cause: The Company does not have an adequate internal control system in place to properly monitor and review the federal awards.
Repeat Finding: No
Recommendation: We recommend the Company adhere to the written policies, procedures and standards of conduct. We recommend all federal programs are closely reviewed.
Management’s
Comment: Management is in agreement with finding.
Auditor’s Comment: Alamo is seeking training and support to improve internal controls and policies and procedures for oversight of federal awards. The Board of Directors is providing oversight and researching recommendations to ensure adequate internal controls are functioning. The Company is in the process of selecting a permanent Executive Director.
Finding #2023-004: Inadequate internal controls over Federal Awards
Type of Finding: Other Matter
Condition: The Company is not consistently following the written policies and procedures over federal awards. The Company did not properly monitor the federal award programs available to the operating properties which resulted in lost revenue.
Criteria: Written policies, procedures and standards of conduct required by 2 Code of Federal Regulations Part 200 – Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards, Subpart D – Post Federal Award Requirements and Subpart E – Cost Principles are required.
Questioned Costs: Unknown
Effect: The Company is not in compliance with specific requirements of Uniform Guidance for non-profits. Federal programs were not utilized by the operating properties.
Cause: The Company does not have an adequate internal control system in place to properly monitor and review the federal awards.
Repeat Finding: No
Recommendation: We recommend the Company adhere to the written policies, procedures and standards of conduct. We recommend all federal programs are closely reviewed.
Management’s
Comment: Management is in agreement with finding.
Auditor’s Comment: Alamo is seeking training and support to improve internal controls and policies and procedures for oversight of federal awards. The Board of Directors is providing oversight and researching recommendations to ensure adequate internal controls are functioning. The Company is in the process of selecting a permanent Executive Director.
Finding #2023-004: Inadequate internal controls over Federal Awards
Type of Finding: Other Matter
Condition: The Company is not consistently following the written policies and procedures over federal awards. The Company did not properly monitor the federal award programs available to the operating properties which resulted in lost revenue.
Criteria: Written policies, procedures and standards of conduct required by 2 Code of Federal Regulations Part 200 – Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards, Subpart D – Post Federal Award Requirements and Subpart E – Cost Principles are required.
Questioned Costs: Unknown
Effect: The Company is not in compliance with specific requirements of Uniform Guidance for non-profits. Federal programs were not utilized by the operating properties.
Cause: The Company does not have an adequate internal control system in place to properly monitor and review the federal awards.
Repeat Finding: No
Recommendation: We recommend the Company adhere to the written policies, procedures and standards of conduct. We recommend all federal programs are closely reviewed.
Management’s
Comment: Management is in agreement with finding.
Auditor’s Comment: Alamo is seeking training and support to improve internal controls and policies and procedures for oversight of federal awards. The Board of Directors is providing oversight and researching recommendations to ensure adequate internal controls are functioning. The Company is in the process of selecting a permanent Executive Director.
Finding #2023-004: Inadequate internal controls over Federal Awards
Type of Finding: Other Matter
Condition: The Company is not consistently following the written policies and procedures over federal awards. The Company did not properly monitor the federal award programs available to the operating properties which resulted in lost revenue.
Criteria: Written policies, procedures and standards of conduct required by 2 Code of Federal Regulations Part 200 – Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards, Subpart D – Post Federal Award Requirements and Subpart E – Cost Principles are required.
Questioned Costs: Unknown
Effect: The Company is not in compliance with specific requirements of Uniform Guidance for non-profits. Federal programs were not utilized by the operating properties.
Cause: The Company does not have an adequate internal control system in place to properly monitor and review the federal awards.
Repeat Finding: No
Recommendation: We recommend the Company adhere to the written policies, procedures and standards of conduct. We recommend all federal programs are closely reviewed.
Management’s
Comment: Management is in agreement with finding.
Auditor’s Comment: Alamo is seeking training and support to improve internal controls and policies and procedures for oversight of federal awards. The Board of Directors is providing oversight and researching recommendations to ensure adequate internal controls are functioning. The Company is in the process of selecting a permanent Executive Director.
Finding #2023-004: Inadequate internal controls over Federal Awards
Type of Finding: Other Matter
Condition: The Company is not consistently following the written policies and procedures over federal awards. The Company did not properly monitor the federal award programs available to the operating properties which resulted in lost revenue.
Criteria: Written policies, procedures and standards of conduct required by 2 Code of Federal Regulations Part 200 – Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards, Subpart D – Post Federal Award Requirements and Subpart E – Cost Principles are required.
Questioned Costs: Unknown
Effect: The Company is not in compliance with specific requirements of Uniform Guidance for non-profits. Federal programs were not utilized by the operating properties.
Cause: The Company does not have an adequate internal control system in place to properly monitor and review the federal awards.
Repeat Finding: No
Recommendation: We recommend the Company adhere to the written policies, procedures and standards of conduct. We recommend all federal programs are closely reviewed.
Management’s
Comment: Management is in agreement with finding.
Auditor’s Comment: Alamo is seeking training and support to improve internal controls and policies and procedures for oversight of federal awards. The Board of Directors is providing oversight and researching recommendations to ensure adequate internal controls are functioning. The Company is in the process of selecting a permanent Executive Director.
Finding #2023-004: Inadequate internal controls over Federal Awards
Type of Finding: Other Matter
Condition: The Company is not consistently following the written policies and procedures over federal awards. The Company did not properly monitor the federal award programs available to the operating properties which resulted in lost revenue.
Criteria: Written policies, procedures and standards of conduct required by 2 Code of Federal Regulations Part 200 – Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards, Subpart D – Post Federal Award Requirements and Subpart E – Cost Principles are required.
Questioned Costs: Unknown
Effect: The Company is not in compliance with specific requirements of Uniform Guidance for non-profits. Federal programs were not utilized by the operating properties.
Cause: The Company does not have an adequate internal control system in place to properly monitor and review the federal awards.
Repeat Finding: No
Recommendation: We recommend the Company adhere to the written policies, procedures and standards of conduct. We recommend all federal programs are closely reviewed.
Management’s
Comment: Management is in agreement with finding.
Auditor’s Comment: Alamo is seeking training and support to improve internal controls and policies and procedures for oversight of federal awards. The Board of Directors is providing oversight and researching recommendations to ensure adequate internal controls are functioning. The Company is in the process of selecting a permanent Executive Director.
Finding #2023-004: Inadequate internal controls over Federal Awards
Type of Finding: Other Matter
Condition: The Company is not consistently following the written policies and procedures over federal awards. The Company did not properly monitor the federal award programs available to the operating properties which resulted in lost revenue.
Criteria: Written policies, procedures and standards of conduct required by 2 Code of Federal Regulations Part 200 – Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards, Subpart D – Post Federal Award Requirements and Subpart E – Cost Principles are required.
Questioned Costs: Unknown
Effect: The Company is not in compliance with specific requirements of Uniform Guidance for non-profits. Federal programs were not utilized by the operating properties.
Cause: The Company does not have an adequate internal control system in place to properly monitor and review the federal awards.
Repeat Finding: No
Recommendation: We recommend the Company adhere to the written policies, procedures and standards of conduct. We recommend all federal programs are closely reviewed.
Management’s
Comment: Management is in agreement with finding.
Auditor’s Comment: Alamo is seeking training and support to improve internal controls and policies and procedures for oversight of federal awards. The Board of Directors is providing oversight and researching recommendations to ensure adequate internal controls are functioning. The Company is in the process of selecting a permanent Executive Director.
Finding #2023-003: Section 223(a)(7) HUD Insured Loan, Assistance Listing 14.135 - AAMHA Western Hills, LLC HUD Project No. 115-115888, AAMHA KPTP, LLC HUD Project No 115-35652 and Section 223(f) HUD Insured Loan, Assistance Listing 14.155 - AAMHA Calcasieu, LLC HUD Project No 115-11280 Type of Finding: Significant Deficiency
Type of Finding: Significant Deficiency over Internal Control over Federal Awards
Condition: The management company did not ensure expenses or subsidies received were recorded on the correct operating property’s books.
Criteria: The HUD regulatory agreement requires all expenses paid from the project’s bank account relate to the entity and requires all project cash receipts are deposited into the entity’s bank account.
Questioned Costs: a. $3,199 for AAMHA Western Hills, LLC
b. $24,348 for AAMHA KPTP, LLC
c. $5,869 for AAMHA Calcasieu, LLC
Effect: The Company is in violation of the terms of the HUD Regulatory Agreement governing payment of operating expenses and costs and recording cash receipts.
Cause: Oversight
Repeat Finding: Yes
Recommendation: Management should review the Regulatory Agreement to ensure they are familiar with all the terms of the agreement.
Management’s
Comment: Management is in agreement with finding and will review Regulatory agreement. Management will transfer funds to the appropriate affiliate.
Auditor’s Comment: a. AAMHA Western Hills, LLC - On April 24, 2024, $3,199 was received from an affiliate.
b. AAMHA KPTP, LLC - During 2023, $16,321 was received from affiliates. On May 10, 2023, the Project received $8,027.
c. AAMHA Calcasieu, LLC – On April 16, 2024, the Project received $5,869 from an affiliate.
Finding #2023-003: Section 223(a)(7) HUD Insured Loan, Assistance Listing 14.135 - AAMHA Western Hills, LLC HUD Project No. 115-115888, AAMHA KPTP, LLC HUD Project No 115-35652 and Section 223(f) HUD Insured Loan, Assistance Listing 14.155 - AAMHA Calcasieu, LLC HUD Project No 115-11280 Type of Finding: Significant Deficiency
Type of Finding: Significant Deficiency over Internal Control over Federal Awards
Condition: The management company did not ensure expenses or subsidies received were recorded on the correct operating property’s books.
Criteria: The HUD regulatory agreement requires all expenses paid from the project’s bank account relate to the entity and requires all project cash receipts are deposited into the entity’s bank account.
Questioned Costs: a. $3,199 for AAMHA Western Hills, LLC
b. $24,348 for AAMHA KPTP, LLC
c. $5,869 for AAMHA Calcasieu, LLC
Effect: The Company is in violation of the terms of the HUD Regulatory Agreement governing payment of operating expenses and costs and recording cash receipts.
Cause: Oversight
Repeat Finding: Yes
Recommendation: Management should review the Regulatory Agreement to ensure they are familiar with all the terms of the agreement.
Management’s
Comment: Management is in agreement with finding and will review Regulatory agreement. Management will transfer funds to the appropriate affiliate.
Auditor’s Comment: a. AAMHA Western Hills, LLC - On April 24, 2024, $3,199 was received from an affiliate.
b. AAMHA KPTP, LLC - During 2023, $16,321 was received from affiliates. On May 10, 2023, the Project received $8,027.
c. AAMHA Calcasieu, LLC – On April 16, 2024, the Project received $5,869 from an affiliate.
Finding #2023-003: Section 223(a)(7) HUD Insured Loan, Assistance Listing 14.135 - AAMHA Western Hills, LLC HUD Project No. 115-115888, AAMHA KPTP, LLC HUD Project No 115-35652 and Section 223(f) HUD Insured Loan, Assistance Listing 14.155 - AAMHA Calcasieu, LLC HUD Project No 115-11280 Type of Finding: Significant Deficiency
Type of Finding: Significant Deficiency over Internal Control over Federal Awards
Condition: The management company did not ensure expenses or subsidies received were recorded on the correct operating property’s books.
Criteria: The HUD regulatory agreement requires all expenses paid from the project’s bank account relate to the entity and requires all project cash receipts are deposited into the entity’s bank account.
Questioned Costs: a. $3,199 for AAMHA Western Hills, LLC
b. $24,348 for AAMHA KPTP, LLC
c. $5,869 for AAMHA Calcasieu, LLC
Effect: The Company is in violation of the terms of the HUD Regulatory Agreement governing payment of operating expenses and costs and recording cash receipts.
Cause: Oversight
Repeat Finding: Yes
Recommendation: Management should review the Regulatory Agreement to ensure they are familiar with all the terms of the agreement.
Management’s
Comment: Management is in agreement with finding and will review Regulatory agreement. Management will transfer funds to the appropriate affiliate.
Auditor’s Comment: a. AAMHA Western Hills, LLC - On April 24, 2024, $3,199 was received from an affiliate.
b. AAMHA KPTP, LLC - During 2023, $16,321 was received from affiliates. On May 10, 2023, the Project received $8,027.
c. AAMHA Calcasieu, LLC – On April 16, 2024, the Project received $5,869 from an affiliate.
Finding #2023-004: Inadequate internal controls over Federal Awards
Type of Finding: Other Matter
Condition: The Company is not consistently following the written policies and procedures over federal awards. The Company did not properly monitor the federal award programs available to the operating properties which resulted in lost revenue.
Criteria: Written policies, procedures and standards of conduct required by 2 Code of Federal Regulations Part 200 – Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards, Subpart D – Post Federal Award Requirements and Subpart E – Cost Principles are required.
Questioned Costs: Unknown
Effect: The Company is not in compliance with specific requirements of Uniform Guidance for non-profits. Federal programs were not utilized by the operating properties.
Cause: The Company does not have an adequate internal control system in place to properly monitor and review the federal awards.
Repeat Finding: No
Recommendation: We recommend the Company adhere to the written policies, procedures and standards of conduct. We recommend all federal programs are closely reviewed.
Management’s
Comment: Management is in agreement with finding.
Auditor’s Comment: Alamo is seeking training and support to improve internal controls and policies and procedures for oversight of federal awards. The Board of Directors is providing oversight and researching recommendations to ensure adequate internal controls are functioning. The Company is in the process of selecting a permanent Executive Director.
Finding #2023-004: Inadequate internal controls over Federal Awards
Type of Finding: Other Matter
Condition: The Company is not consistently following the written policies and procedures over federal awards. The Company did not properly monitor the federal award programs available to the operating properties which resulted in lost revenue.
Criteria: Written policies, procedures and standards of conduct required by 2 Code of Federal Regulations Part 200 – Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards, Subpart D – Post Federal Award Requirements and Subpart E – Cost Principles are required.
Questioned Costs: Unknown
Effect: The Company is not in compliance with specific requirements of Uniform Guidance for non-profits. Federal programs were not utilized by the operating properties.
Cause: The Company does not have an adequate internal control system in place to properly monitor and review the federal awards.
Repeat Finding: No
Recommendation: We recommend the Company adhere to the written policies, procedures and standards of conduct. We recommend all federal programs are closely reviewed.
Management’s
Comment: Management is in agreement with finding.
Auditor’s Comment: Alamo is seeking training and support to improve internal controls and policies and procedures for oversight of federal awards. The Board of Directors is providing oversight and researching recommendations to ensure adequate internal controls are functioning. The Company is in the process of selecting a permanent Executive Director.
Finding #2023-004: Inadequate internal controls over Federal Awards
Type of Finding: Other Matter
Condition: The Company is not consistently following the written policies and procedures over federal awards. The Company did not properly monitor the federal award programs available to the operating properties which resulted in lost revenue.
Criteria: Written policies, procedures and standards of conduct required by 2 Code of Federal Regulations Part 200 – Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards, Subpart D – Post Federal Award Requirements and Subpart E – Cost Principles are required.
Questioned Costs: Unknown
Effect: The Company is not in compliance with specific requirements of Uniform Guidance for non-profits. Federal programs were not utilized by the operating properties.
Cause: The Company does not have an adequate internal control system in place to properly monitor and review the federal awards.
Repeat Finding: No
Recommendation: We recommend the Company adhere to the written policies, procedures and standards of conduct. We recommend all federal programs are closely reviewed.
Management’s
Comment: Management is in agreement with finding.
Auditor’s Comment: Alamo is seeking training and support to improve internal controls and policies and procedures for oversight of federal awards. The Board of Directors is providing oversight and researching recommendations to ensure adequate internal controls are functioning. The Company is in the process of selecting a permanent Executive Director.
Finding #2023-004: Inadequate internal controls over Federal Awards
Type of Finding: Other Matter
Condition: The Company is not consistently following the written policies and procedures over federal awards. The Company did not properly monitor the federal award programs available to the operating properties which resulted in lost revenue.
Criteria: Written policies, procedures and standards of conduct required by 2 Code of Federal Regulations Part 200 – Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards, Subpart D – Post Federal Award Requirements and Subpart E – Cost Principles are required.
Questioned Costs: Unknown
Effect: The Company is not in compliance with specific requirements of Uniform Guidance for non-profits. Federal programs were not utilized by the operating properties.
Cause: The Company does not have an adequate internal control system in place to properly monitor and review the federal awards.
Repeat Finding: No
Recommendation: We recommend the Company adhere to the written policies, procedures and standards of conduct. We recommend all federal programs are closely reviewed.
Management’s
Comment: Management is in agreement with finding.
Auditor’s Comment: Alamo is seeking training and support to improve internal controls and policies and procedures for oversight of federal awards. The Board of Directors is providing oversight and researching recommendations to ensure adequate internal controls are functioning. The Company is in the process of selecting a permanent Executive Director.
Finding #2023-004: Inadequate internal controls over Federal Awards
Type of Finding: Other Matter
Condition: The Company is not consistently following the written policies and procedures over federal awards. The Company did not properly monitor the federal award programs available to the operating properties which resulted in lost revenue.
Criteria: Written policies, procedures and standards of conduct required by 2 Code of Federal Regulations Part 200 – Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards, Subpart D – Post Federal Award Requirements and Subpart E – Cost Principles are required.
Questioned Costs: Unknown
Effect: The Company is not in compliance with specific requirements of Uniform Guidance for non-profits. Federal programs were not utilized by the operating properties.
Cause: The Company does not have an adequate internal control system in place to properly monitor and review the federal awards.
Repeat Finding: No
Recommendation: We recommend the Company adhere to the written policies, procedures and standards of conduct. We recommend all federal programs are closely reviewed.
Management’s
Comment: Management is in agreement with finding.
Auditor’s Comment: Alamo is seeking training and support to improve internal controls and policies and procedures for oversight of federal awards. The Board of Directors is providing oversight and researching recommendations to ensure adequate internal controls are functioning. The Company is in the process of selecting a permanent Executive Director.
Finding #2023-004: Inadequate internal controls over Federal Awards
Type of Finding: Other Matter
Condition: The Company is not consistently following the written policies and procedures over federal awards. The Company did not properly monitor the federal award programs available to the operating properties which resulted in lost revenue.
Criteria: Written policies, procedures and standards of conduct required by 2 Code of Federal Regulations Part 200 – Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards, Subpart D – Post Federal Award Requirements and Subpart E – Cost Principles are required.
Questioned Costs: Unknown
Effect: The Company is not in compliance with specific requirements of Uniform Guidance for non-profits. Federal programs were not utilized by the operating properties.
Cause: The Company does not have an adequate internal control system in place to properly monitor and review the federal awards.
Repeat Finding: No
Recommendation: We recommend the Company adhere to the written policies, procedures and standards of conduct. We recommend all federal programs are closely reviewed.
Management’s
Comment: Management is in agreement with finding.
Auditor’s Comment: Alamo is seeking training and support to improve internal controls and policies and procedures for oversight of federal awards. The Board of Directors is providing oversight and researching recommendations to ensure adequate internal controls are functioning. The Company is in the process of selecting a permanent Executive Director.
Finding #2023-004: Inadequate internal controls over Federal Awards
Type of Finding: Other Matter
Condition: The Company is not consistently following the written policies and procedures over federal awards. The Company did not properly monitor the federal award programs available to the operating properties which resulted in lost revenue.
Criteria: Written policies, procedures and standards of conduct required by 2 Code of Federal Regulations Part 200 – Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards, Subpart D – Post Federal Award Requirements and Subpart E – Cost Principles are required.
Questioned Costs: Unknown
Effect: The Company is not in compliance with specific requirements of Uniform Guidance for non-profits. Federal programs were not utilized by the operating properties.
Cause: The Company does not have an adequate internal control system in place to properly monitor and review the federal awards.
Repeat Finding: No
Recommendation: We recommend the Company adhere to the written policies, procedures and standards of conduct. We recommend all federal programs are closely reviewed.
Management’s
Comment: Management is in agreement with finding.
Auditor’s Comment: Alamo is seeking training and support to improve internal controls and policies and procedures for oversight of federal awards. The Board of Directors is providing oversight and researching recommendations to ensure adequate internal controls are functioning. The Company is in the process of selecting a permanent Executive Director.
Finding #2023-004: Inadequate internal controls over Federal Awards
Type of Finding: Other Matter
Condition: The Company is not consistently following the written policies and procedures over federal awards. The Company did not properly monitor the federal award programs available to the operating properties which resulted in lost revenue.
Criteria: Written policies, procedures and standards of conduct required by 2 Code of Federal Regulations Part 200 – Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards, Subpart D – Post Federal Award Requirements and Subpart E – Cost Principles are required.
Questioned Costs: Unknown
Effect: The Company is not in compliance with specific requirements of Uniform Guidance for non-profits. Federal programs were not utilized by the operating properties.
Cause: The Company does not have an adequate internal control system in place to properly monitor and review the federal awards.
Repeat Finding: No
Recommendation: We recommend the Company adhere to the written policies, procedures and standards of conduct. We recommend all federal programs are closely reviewed.
Management’s
Comment: Management is in agreement with finding.
Auditor’s Comment: Alamo is seeking training and support to improve internal controls and policies and procedures for oversight of federal awards. The Board of Directors is providing oversight and researching recommendations to ensure adequate internal controls are functioning. The Company is in the process of selecting a permanent Executive Director.