Audit 325507

FY End
2024-06-30
Total Expended
$3.04M
Findings
2
Programs
1
Year: 2024 Accepted: 2024-10-22

Organization Exclusion Status:

Checking exclusion status...

Findings

ID Ref Severity Repeat Requirement
503357 2024-001 - - P
1079799 2024-001 - - P

Programs

ALN Program Spent Major Findings
14.157 Supportive Housing for the Elderly $75,282 - 0

Contacts

Name Title Type
NKUNNJCJDS43 Carson Hayes Auditee
8128765478 Gregory Nowling Auditor
No contacts on file

Notes to SEFA

Title: Summary of Significant Accounting Policies Accounting Policies: Reported on the accrual basis of accounting. De Minimis Rate Used: N Rate Explanation: 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. Expenditures reported on the Schedule of Expenditures of Federal Awards are reported on the accrual basis of accounting. Such expenditures are recognized following the cost principles contained in Title 2 U.S. Code of Federal Regulations (CFR) Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards, wherein certain types of expenditures are not allowable or are limited to reimbursement. Pass-through identifying numbers are presented where available.

Finding Details

The Project’s reserve for replacement is under-funded by $2,000 and is out of compliance with the Regulatory Agreement.
The Project’s reserve for replacement is under-funded by $2,000 and is out of compliance with the Regulatory Agreement.