Audit 342298

FY End

2024-06-30

Total Expended

$1.98M

Findings

4

Programs

1

Organization: Woodside Village, Inc. 042-Hd112 (OH)

Year: 2024 Accepted: 2025-02-12

Auditor: Cliftonlarsonallen LLP

Organization Exclusion Status:

Checking exclusion status...

ID	Ref	Severity	Repeat	Requirement
523043	2024-002	Significant Deficiency	-	N
523044	2024-002	Significant Deficiency	-	N
1099485	2024-002	Significant Deficiency	-	N
1099486	2024-002	Significant Deficiency	-	N

ALN	Program	Spent	Major	Findings
14.181	Supportive Housing for Persons with Disabilities	$1.91M	Yes	1

Contacts

Name	Title	Type
LT3US3FMLKB5	Cheryl Wilson	Auditee
4192449609	Ken Saggese	Auditor
No contacts on file

Notes to SEFA

Title: BASIS OF PRESENTATION Accounting Policies: Expenditures reported on the Schedule are reported on the accrual basis of accounting. Such expenditures are recognized following the cost principles contained in the Uniform Guidance, wherein certain types of expenditures are not allowable or are limited as to reimbursement. De Minimis Rate Used: N Rate Explanation: Woodside Village, Inc. has elected not to use the 10% de minimis indirect cost rate as allowed under the Uniform Guidance. The accompanying schedule of expenditures of federal awards (the Schedule) includes the federal award activity of Woodside Village under programs of the federal government for the year ended June 30, 2024. 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 (Uniform Guidance). Because the Schedule presents only a selected portion of the operations of Woodside Village, it is not intended to and does not present the financial position, changes in net assets, or cash flows of Woodside Village.

Finding Details

Finding 2024-002

Federal Agency: U.S. Department of Housing and Urban Development Federal Program Name: Supportive Housing for Persons with Disabilities Assistance Listing Number: 14.181 Award Period: July 1, 2023 to June 30, 2024 Type of Finding: • Significant Deficiency in Internal Control over Compliance Criteria or specific requirement: Per HUD requirements, a mandated amount is required to be deposited into the R4R account each month. The entity did not complete all 12 monthly deposits accordingly. Condition: During our testing, we noted that Woodside Village failed to make the correct number of monthly deposits into the Replacement for Reserve account resulting in underfunding Questioned costs: None Context: During our testing we noted that the entity underfunded Replacement Reserve Account by $400 due to a missed deposit. Cause: The deposit was not made due to an oversight. Effect: Replacement Reserve is underfunded and not in compliance with HUD. Repeat Finding: No Recommendation: CLA recommends performing training regarding HUD requirements surrounding Residual Receipts Provisions and introduce policies and procedures to prevent requirement oversight. Views of responsible officials: There is no disagreement with the audit finding.

Finding 2024-002

Federal Agency: U.S. Department of Housing and Urban Development Federal Program Name: Supportive Housing for Persons with Disabilities Assistance Listing Number: 14.181 Award Period: July 1, 2023 to June 30, 2024 Type of Finding: • Significant Deficiency in Internal Control over Compliance Criteria or specific requirement: Per HUD requirements, a mandated amount is required to be deposited into the R4R account each month. The entity did not complete all 12 monthly deposits accordingly. Condition: During our testing, we noted that Woodside Village failed to make the correct number of monthly deposits into the Replacement for Reserve account resulting in underfunding Questioned costs: None Context: During our testing we noted that the entity underfunded Replacement Reserve Account by $400 due to a missed deposit. Cause: The deposit was not made due to an oversight. Effect: Replacement Reserve is underfunded and not in compliance with HUD. Repeat Finding: No Recommendation: CLA recommends performing training regarding HUD requirements surrounding Residual Receipts Provisions and introduce policies and procedures to prevent requirement oversight. Views of responsible officials: There is no disagreement with the audit finding.

Finding 2024-002

Federal Agency: U.S. Department of Housing and Urban Development Federal Program Name: Supportive Housing for Persons with Disabilities Assistance Listing Number: 14.181 Award Period: July 1, 2023 to June 30, 2024 Type of Finding: • Significant Deficiency in Internal Control over Compliance Criteria or specific requirement: Per HUD requirements, a mandated amount is required to be deposited into the R4R account each month. The entity did not complete all 12 monthly deposits accordingly. Condition: During our testing, we noted that Woodside Village failed to make the correct number of monthly deposits into the Replacement for Reserve account resulting in underfunding Questioned costs: None Context: During our testing we noted that the entity underfunded Replacement Reserve Account by $400 due to a missed deposit. Cause: The deposit was not made due to an oversight. Effect: Replacement Reserve is underfunded and not in compliance with HUD. Repeat Finding: No Recommendation: CLA recommends performing training regarding HUD requirements surrounding Residual Receipts Provisions and introduce policies and procedures to prevent requirement oversight. Views of responsible officials: There is no disagreement with the audit finding.

Finding 2024-002

Federal Agency: U.S. Department of Housing and Urban Development Federal Program Name: Supportive Housing for Persons with Disabilities Assistance Listing Number: 14.181 Award Period: July 1, 2023 to June 30, 2024 Type of Finding: • Significant Deficiency in Internal Control over Compliance Criteria or specific requirement: Per HUD requirements, a mandated amount is required to be deposited into the R4R account each month. The entity did not complete all 12 monthly deposits accordingly. Condition: During our testing, we noted that Woodside Village failed to make the correct number of monthly deposits into the Replacement for Reserve account resulting in underfunding Questioned costs: None Context: During our testing we noted that the entity underfunded Replacement Reserve Account by $400 due to a missed deposit. Cause: The deposit was not made due to an oversight. Effect: Replacement Reserve is underfunded and not in compliance with HUD. Repeat Finding: No Recommendation: CLA recommends performing training regarding HUD requirements surrounding Residual Receipts Provisions and introduce policies and procedures to prevent requirement oversight. Views of responsible officials: There is no disagreement with the audit finding.