FAC Explorer

Audit 32865

FY End
2022-12-31
Total Expended
$4.86M
Findings
2
Programs
2
Organization: Ebenezer Towers (PA)
Year: 2022 Accepted: 2023-07-26
Auditor: Tyler Collier Associates LLC

Organization Exclusion Status:

Findings

ID Ref Severity Repeat Requirement
29915 2022-001 Significant Deficiency - A
606357 2022-001 Significant Deficiency - A

Programs

ALN Program Spent Major Findings
14.157 Supportive Housing for the Elderly $3.98M Yes 1
14.195 Section 8 Housing Assistance Payments Program $886,644 - 0

Contacts

Name Title Type
HPJ5LGGZMVP6 Chanel Williamson Auditee
4127164453 Terry Collier Auditor
No contacts on file

Notes to SEFA

Title: Loan/loan guarantee outstanding balances Accounting Policies: NOTE A-- BASIS OF PRESENTATIONThe accompanying schedule of expenditures of federal awards includes the federal grantactivity of Ebenezer Towers and is presented on the accrual basis of accounting. The information in this schedule is presented in accordance with Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Costs Principles, and AuditRequirements for Federal Awards (Uniform Guidance) of States, Local Governments, and Non-Profit Organizations' requirements of OMB. Therefore, some amounts presented in this schedule may differ from amounts presented in, or used in the preparation of, the basicfinancial statements. De Minimis Rate Used: N Rate Explanation: The auditee did not use the de minimis cost rate. SUPPORTIVE HOUSING FOR THE ELDERLY (14.157) - Balances outstanding at the end of the audit period were 3731585.

Finding Details

Finding 2022-001
Context The Board of Ebenezer Development Corporation was concerned with community health issues and made a contributed $50,000 to a neighborhood fund to provide support to address these issues. Statement of Condition Ebenezer Development Corporation, the sponsor of Ebenezer Towers Project, distributed funds from the restricted operating account of the Project in error. Funds were available in another unrestricted account of the organization and should have been used from that account. Cause Lack of internal control over restricted accounts allowed funds to be drawn from the wrong account. Effect or Potential Effect Restricted Project funds were improperly withdrawn and will be replaced to the proper account. Identification of Repeat Finding This is not a repeat finding. Criteria This project is not permitted to make disbursements for non-housing related expenditures. Questioned Costs None Reporting Views of Responsible Officials The funds were disbursed from the project account in error and the project will be reimbursed. Recommendation The project should be reimbursed as soon as possible from the separate non project account. Auditor?s Summary of Auditees Comments & Recommendations The Board has committed to making the correction. Completion Date April 20, 2023 Response The Board President and Secretary of Ebenezer Towers met at the bank on April 20, 2023 and completed the transfer.
Finding 2022-001
Context The Board of Ebenezer Development Corporation was concerned with community health issues and made a contributed $50,000 to a neighborhood fund to provide support to address these issues. Statement of Condition Ebenezer Development Corporation, the sponsor of Ebenezer Towers Project, distributed funds from the restricted operating account of the Project in error. Funds were available in another unrestricted account of the organization and should have been used from that account. Cause Lack of internal control over restricted accounts allowed funds to be drawn from the wrong account. Effect or Potential Effect Restricted Project funds were improperly withdrawn and will be replaced to the proper account. Identification of Repeat Finding This is not a repeat finding. Criteria This project is not permitted to make disbursements for non-housing related expenditures. Questioned Costs None Reporting Views of Responsible Officials The funds were disbursed from the project account in error and the project will be reimbursed. Recommendation The project should be reimbursed as soon as possible from the separate non project account. Auditor?s Summary of Auditees Comments & Recommendations The Board has committed to making the correction. Completion Date April 20, 2023 Response The Board President and Secretary of Ebenezer Towers met at the bank on April 20, 2023 and completed the transfer.