FAC Explorer

Audit 337418

FY End
2021-06-30
Total Expended
$777,265
Findings
2
Programs
1
Organization: George Galen Wheeler House INC (RI)
Year: 2021 Accepted: 2025-01-13
Auditor: Damiano Burk & Nuttall PC

Organization Exclusion Status:

Findings

ID Ref Severity Repeat Requirement
518970 2021-001 Significant Deficiency - C
1095412 2021-001 Significant Deficiency - C

Programs

ALN Program Spent Major Findings
14.181 Supportive Housing for Persons with Disabilities $52,965 Yes 0

Contacts

Name Title Type
J62FHLRKWM22 Laura Jaworski Auditee
4014633324 Victoria Sylvia Auditor
No contacts on file

Notes to SEFA

Title: Note to the Schedule of Expenditures of Federal Awards Accounting Policies: The accompanying schedule of expenditures of federal awards includes the federal grant activity of George Galen Wheeler House, Inc. and is presented on the accrual basis of accounting. The information in the 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 . Therefore, some amounts presented in the Schedule may differ from amounts presented in, or used in the preparation of the basic financial statements. The Section 811 program amount is reported as a capital advance for the duration of the compliance period. De Minimis Rate Used: Y Rate Explanation: The Auditee elected to use the de minimis cost rate The accompanying schedule of expenditures of federal awards includes the federal grant activity of George Galen Wheeler House, Inc. and is presented on the accrual basis of accounting. The information in the 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 . Therefore, some amounts presented in the Schedule may differ from amounts presented in, or used in the preparation of the basic financial statements. The Section 811 program amount is reported as a capital advance for the duration of the compliance period.

Finding Details

Finding 2021-001
Finding 2021-001 Condition: The Corporation did not deposit surplus cash at June 30, 2020 to the residual receipts reserve. Recommendation: The Corporation should make the delinquent deposit. Additionally, the Corporation should implement internal control sufficient to ensure that such deposits are made timely, if required. Management Response: Management is in agreement with the finding and is in the process of transferring the delinquent amount and implementing internal controls to prevent recurrence. Cause: Internal controls over time remission of surplus cash were not effective to identify that the deposit was not made. Criteria: The Corporation is required to deposit surplus cash to the residual receipts reserve in accordance with its regulatory agreement. Effect: The Corporation is not in compliance with its regulatory agreement. Recommendation: The Corporation should make the delinquent deposit. Additionally, the Corporation should implement internal control sufficient to ensure that such deposits are made timely, if required. Management Response: Management is in agreement with the finding and is in the process of transferring the delinquent amount and implementing internal controls to prevent recurrence.
Finding 2021-001
Finding 2021-001 Condition: The Corporation did not deposit surplus cash at June 30, 2020 to the residual receipts reserve. Recommendation: The Corporation should make the delinquent deposit. Additionally, the Corporation should implement internal control sufficient to ensure that such deposits are made timely, if required. Management Response: Management is in agreement with the finding and is in the process of transferring the delinquent amount and implementing internal controls to prevent recurrence. Cause: Internal controls over time remission of surplus cash were not effective to identify that the deposit was not made. Criteria: The Corporation is required to deposit surplus cash to the residual receipts reserve in accordance with its regulatory agreement. Effect: The Corporation is not in compliance with its regulatory agreement. Recommendation: The Corporation should make the delinquent deposit. Additionally, the Corporation should implement internal control sufficient to ensure that such deposits are made timely, if required. Management Response: Management is in agreement with the finding and is in the process of transferring the delinquent amount and implementing internal controls to prevent recurrence.