FAC Explorer

Audit 331612

FY End
2024-06-30
Total Expended
$6.71M
Findings
8
Programs
3
Organization: Riley House Non-Profi Housing Corporation (MA)
Year: 2024 Accepted: 2024-12-10
Auditor: Nesseralla & Company LLC

Organization Exclusion Status:

Findings

ID Ref Severity Repeat Requirement
513706 2024-002 Material Weakness - L
513707 2024-002 Material Weakness - L
513708 2024-002 Material Weakness - L
513709 2024-002 Material Weakness - L
1090148 2024-002 Material Weakness - L
1090149 2024-002 Material Weakness - L
1090150 2024-002 Material Weakness - L
1090151 2024-002 Material Weakness - L

Programs

ALN Program Spent Major Findings
14.157 Supportive Housing for the Elderly $5.45M Yes 1
14.218 Community Development Block Grants/entitlement Grants $410,000 - 1
14.239 Home Investment Partnerships Program $350,000 Yes 1

Contacts

Name Title Type
M51FFEPRKGA4 Brianne Hoelschen Auditee
6172095222 Michael Nesseralla, CPA Auditor
No contacts on file

Notes to SEFA

Title: Loans and Loan Guarantees Accounting Policies: The accompanying schedule of expenditures of federal awards includes the federal award activity of Riley House Non-Profit Housing Corporation (Project No. 023-EE-111) and is presented on the accrual basis of accounting. The information in this schedule is presented in accordance with the requirements of Title 2 U.S. Code of Federal Regulations (CFR) Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance). Therefore, some amounts presented in this schedule may differ from amounts presented in, or used in the preparation of, the basic financial statements. De Minimis Rate Used: N Rate Explanation: No indirect costs charged. The following table presents loan balances by Federal program included in the accompanying schedule of expenditures of federal awards: See the Notes to the SEFA for chart/table
Title: Subrecipients Accounting Policies: The accompanying schedule of expenditures of federal awards includes the federal award activity of Riley House Non-Profit Housing Corporation (Project No. 023-EE-111) and is presented on the accrual basis of accounting. The information in this schedule is presented in accordance with the requirements of Title 2 U.S. Code of Federal Regulations (CFR) Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance). Therefore, some amounts presented in this schedule may differ from amounts presented in, or used in the preparation of, the basic financial statements. De Minimis Rate Used: N Rate Explanation: No indirect costs charged. For the year ended June 30, 2024, no awards were passed through to subrecipients.

Finding Details

Finding 2024-002
Material Weakness in Internal Control Over Compliance Information on the Federal Programs:  Assistance Listing Number 14.157 – Section 202 Supportive Housing for the Elderly, U.S. Department of Housing and Urban Development  Assistance Listing Number 14.218 – Community Development Block Grants/Entitlement Grants, U.S. Department of Housing and Urban Development  Assistance Listing Number 14.239 – HOME Investments Partnership Program, U.S. Department of Housing and Urban Development Criteria: The regulations in 2 CFR 200.510 requires the auditee to prepare a schedule of expenditures of Federal awards which includes the Federal awards expended for each individual Federal program and in total. Condition: For the year June 30, 2024, the unadjusted schedule of expenditures of Federal awards did not report the correct Federal awards expended for each individual Federal program or in total. Cause: Management does not have internal control over preparation of the schedule of expenditures of Federal awards or reconciliation of the reported expenditures to source documentation. Effect or Potential Effect: Material misstatements of the schedule of expenditures of Federal awards could be undetected and determination of major program(s) could be based on inaccurate information. Questioned Costs: None Context: This finding relates to all aspects of the schedule of expenditures of federal awards. Recommendation: We recommend that management develop and implement internal controls over the preparation of the schedule of expenditures of Federal awards. At a minimum, they should require identification of Federal award source documentation and documentation of how the expenditure amount reported for each was calculated. Views of Responsible Official: Management will develop internal controls and oversight over the schedule of expenditures of Federal awards.
Finding 2024-002
Material Weakness in Internal Control Over Compliance Information on the Federal Programs:  Assistance Listing Number 14.157 – Section 202 Supportive Housing for the Elderly, U.S. Department of Housing and Urban Development  Assistance Listing Number 14.218 – Community Development Block Grants/Entitlement Grants, U.S. Department of Housing and Urban Development  Assistance Listing Number 14.239 – HOME Investments Partnership Program, U.S. Department of Housing and Urban Development Criteria: The regulations in 2 CFR 200.510 requires the auditee to prepare a schedule of expenditures of Federal awards which includes the Federal awards expended for each individual Federal program and in total. Condition: For the year June 30, 2024, the unadjusted schedule of expenditures of Federal awards did not report the correct Federal awards expended for each individual Federal program or in total. Cause: Management does not have internal control over preparation of the schedule of expenditures of Federal awards or reconciliation of the reported expenditures to source documentation. Effect or Potential Effect: Material misstatements of the schedule of expenditures of Federal awards could be undetected and determination of major program(s) could be based on inaccurate information. Questioned Costs: None Context: This finding relates to all aspects of the schedule of expenditures of federal awards. Recommendation: We recommend that management develop and implement internal controls over the preparation of the schedule of expenditures of Federal awards. At a minimum, they should require identification of Federal award source documentation and documentation of how the expenditure amount reported for each was calculated. Views of Responsible Official: Management will develop internal controls and oversight over the schedule of expenditures of Federal awards.
Finding 2024-002
Material Weakness in Internal Control Over Compliance Information on the Federal Programs:  Assistance Listing Number 14.157 – Section 202 Supportive Housing for the Elderly, U.S. Department of Housing and Urban Development  Assistance Listing Number 14.218 – Community Development Block Grants/Entitlement Grants, U.S. Department of Housing and Urban Development  Assistance Listing Number 14.239 – HOME Investments Partnership Program, U.S. Department of Housing and Urban Development Criteria: The regulations in 2 CFR 200.510 requires the auditee to prepare a schedule of expenditures of Federal awards which includes the Federal awards expended for each individual Federal program and in total. Condition: For the year June 30, 2024, the unadjusted schedule of expenditures of Federal awards did not report the correct Federal awards expended for each individual Federal program or in total. Cause: Management does not have internal control over preparation of the schedule of expenditures of Federal awards or reconciliation of the reported expenditures to source documentation. Effect or Potential Effect: Material misstatements of the schedule of expenditures of Federal awards could be undetected and determination of major program(s) could be based on inaccurate information. Questioned Costs: None Context: This finding relates to all aspects of the schedule of expenditures of federal awards. Recommendation: We recommend that management develop and implement internal controls over the preparation of the schedule of expenditures of Federal awards. At a minimum, they should require identification of Federal award source documentation and documentation of how the expenditure amount reported for each was calculated. Views of Responsible Official: Management will develop internal controls and oversight over the schedule of expenditures of Federal awards.
Finding 2024-002
Material Weakness in Internal Control Over Compliance Information on the Federal Programs:  Assistance Listing Number 14.157 – Section 202 Supportive Housing for the Elderly, U.S. Department of Housing and Urban Development  Assistance Listing Number 14.218 – Community Development Block Grants/Entitlement Grants, U.S. Department of Housing and Urban Development  Assistance Listing Number 14.239 – HOME Investments Partnership Program, U.S. Department of Housing and Urban Development Criteria: The regulations in 2 CFR 200.510 requires the auditee to prepare a schedule of expenditures of Federal awards which includes the Federal awards expended for each individual Federal program and in total. Condition: For the year June 30, 2024, the unadjusted schedule of expenditures of Federal awards did not report the correct Federal awards expended for each individual Federal program or in total. Cause: Management does not have internal control over preparation of the schedule of expenditures of Federal awards or reconciliation of the reported expenditures to source documentation. Effect or Potential Effect: Material misstatements of the schedule of expenditures of Federal awards could be undetected and determination of major program(s) could be based on inaccurate information. Questioned Costs: None Context: This finding relates to all aspects of the schedule of expenditures of federal awards. Recommendation: We recommend that management develop and implement internal controls over the preparation of the schedule of expenditures of Federal awards. At a minimum, they should require identification of Federal award source documentation and documentation of how the expenditure amount reported for each was calculated. Views of Responsible Official: Management will develop internal controls and oversight over the schedule of expenditures of Federal awards.
Finding 2024-002
Material Weakness in Internal Control Over Compliance Information on the Federal Programs:  Assistance Listing Number 14.157 – Section 202 Supportive Housing for the Elderly, U.S. Department of Housing and Urban Development  Assistance Listing Number 14.218 – Community Development Block Grants/Entitlement Grants, U.S. Department of Housing and Urban Development  Assistance Listing Number 14.239 – HOME Investments Partnership Program, U.S. Department of Housing and Urban Development Criteria: The regulations in 2 CFR 200.510 requires the auditee to prepare a schedule of expenditures of Federal awards which includes the Federal awards expended for each individual Federal program and in total. Condition: For the year June 30, 2024, the unadjusted schedule of expenditures of Federal awards did not report the correct Federal awards expended for each individual Federal program or in total. Cause: Management does not have internal control over preparation of the schedule of expenditures of Federal awards or reconciliation of the reported expenditures to source documentation. Effect or Potential Effect: Material misstatements of the schedule of expenditures of Federal awards could be undetected and determination of major program(s) could be based on inaccurate information. Questioned Costs: None Context: This finding relates to all aspects of the schedule of expenditures of federal awards. Recommendation: We recommend that management develop and implement internal controls over the preparation of the schedule of expenditures of Federal awards. At a minimum, they should require identification of Federal award source documentation and documentation of how the expenditure amount reported for each was calculated. Views of Responsible Official: Management will develop internal controls and oversight over the schedule of expenditures of Federal awards.
Finding 2024-002
Material Weakness in Internal Control Over Compliance Information on the Federal Programs:  Assistance Listing Number 14.157 – Section 202 Supportive Housing for the Elderly, U.S. Department of Housing and Urban Development  Assistance Listing Number 14.218 – Community Development Block Grants/Entitlement Grants, U.S. Department of Housing and Urban Development  Assistance Listing Number 14.239 – HOME Investments Partnership Program, U.S. Department of Housing and Urban Development Criteria: The regulations in 2 CFR 200.510 requires the auditee to prepare a schedule of expenditures of Federal awards which includes the Federal awards expended for each individual Federal program and in total. Condition: For the year June 30, 2024, the unadjusted schedule of expenditures of Federal awards did not report the correct Federal awards expended for each individual Federal program or in total. Cause: Management does not have internal control over preparation of the schedule of expenditures of Federal awards or reconciliation of the reported expenditures to source documentation. Effect or Potential Effect: Material misstatements of the schedule of expenditures of Federal awards could be undetected and determination of major program(s) could be based on inaccurate information. Questioned Costs: None Context: This finding relates to all aspects of the schedule of expenditures of federal awards. Recommendation: We recommend that management develop and implement internal controls over the preparation of the schedule of expenditures of Federal awards. At a minimum, they should require identification of Federal award source documentation and documentation of how the expenditure amount reported for each was calculated. Views of Responsible Official: Management will develop internal controls and oversight over the schedule of expenditures of Federal awards.
Finding 2024-002
Material Weakness in Internal Control Over Compliance Information on the Federal Programs:  Assistance Listing Number 14.157 – Section 202 Supportive Housing for the Elderly, U.S. Department of Housing and Urban Development  Assistance Listing Number 14.218 – Community Development Block Grants/Entitlement Grants, U.S. Department of Housing and Urban Development  Assistance Listing Number 14.239 – HOME Investments Partnership Program, U.S. Department of Housing and Urban Development Criteria: The regulations in 2 CFR 200.510 requires the auditee to prepare a schedule of expenditures of Federal awards which includes the Federal awards expended for each individual Federal program and in total. Condition: For the year June 30, 2024, the unadjusted schedule of expenditures of Federal awards did not report the correct Federal awards expended for each individual Federal program or in total. Cause: Management does not have internal control over preparation of the schedule of expenditures of Federal awards or reconciliation of the reported expenditures to source documentation. Effect or Potential Effect: Material misstatements of the schedule of expenditures of Federal awards could be undetected and determination of major program(s) could be based on inaccurate information. Questioned Costs: None Context: This finding relates to all aspects of the schedule of expenditures of federal awards. Recommendation: We recommend that management develop and implement internal controls over the preparation of the schedule of expenditures of Federal awards. At a minimum, they should require identification of Federal award source documentation and documentation of how the expenditure amount reported for each was calculated. Views of Responsible Official: Management will develop internal controls and oversight over the schedule of expenditures of Federal awards.
Finding 2024-002
Material Weakness in Internal Control Over Compliance Information on the Federal Programs:  Assistance Listing Number 14.157 – Section 202 Supportive Housing for the Elderly, U.S. Department of Housing and Urban Development  Assistance Listing Number 14.218 – Community Development Block Grants/Entitlement Grants, U.S. Department of Housing and Urban Development  Assistance Listing Number 14.239 – HOME Investments Partnership Program, U.S. Department of Housing and Urban Development Criteria: The regulations in 2 CFR 200.510 requires the auditee to prepare a schedule of expenditures of Federal awards which includes the Federal awards expended for each individual Federal program and in total. Condition: For the year June 30, 2024, the unadjusted schedule of expenditures of Federal awards did not report the correct Federal awards expended for each individual Federal program or in total. Cause: Management does not have internal control over preparation of the schedule of expenditures of Federal awards or reconciliation of the reported expenditures to source documentation. Effect or Potential Effect: Material misstatements of the schedule of expenditures of Federal awards could be undetected and determination of major program(s) could be based on inaccurate information. Questioned Costs: None Context: This finding relates to all aspects of the schedule of expenditures of federal awards. Recommendation: We recommend that management develop and implement internal controls over the preparation of the schedule of expenditures of Federal awards. At a minimum, they should require identification of Federal award source documentation and documentation of how the expenditure amount reported for each was calculated. Views of Responsible Official: Management will develop internal controls and oversight over the schedule of expenditures of Federal awards.