FAC Explorer

Audit 353944

FY End
2024-06-30
Total Expended
$15.48M
Findings
4
Programs
2
Organization: Humility of Mary Housing, Inc. (OH)
Year: 2024 Accepted: 2025-04-17
Auditor: Hw&co

Organization Exclusion Status:

Findings

ID Ref Severity Repeat Requirement
555313 2024-001 Significant Deficiency - A
555314 2024-001 Significant Deficiency - A
1131755 2024-001 Significant Deficiency - A
1131756 2024-001 Significant Deficiency - A

Programs

ALN Program Spent Major Findings
14.267 Continuum of Care Program $1.06M - 0
14.157 Supportive Housing for the Elderly $983,621 Yes 1

Contacts

Name Title Type
NSEDGUK943D5 Fred Berry Auditee
2345256404 Michael Muniak 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: Humility of Mary Housing, Inc. and Affiliates had elected not to use the 10 percent de minimums cost rate as allowed by the Uniform Guidance. The accompanying schedule of expenditures of Federal awards (the “Schedule”) includes the Federal award activity of Humility of Mary Housing, Inc. and Affiliates 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 Humility of Mary Housing, Inc. and Affiliates, it is not intended to and does not present the financial position, changes in net assets, or cash flows of Humility of Mary Housing, Inc. and Affiliates.
Title: U.S. Department of Housing and Urban Development capital advance program 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: Humility of Mary Housing, Inc. and Affiliates had elected not to use the 10 percent de minimums cost rate as allowed by the Uniform Guidance. Humility of Mary Housing, Inc. and Affiliates has received U.S. Department of Housing and Urban Development capital advances under Section 202 of the National Housing Act. The capital advance balances outstanding at the beginning of the year are included in the Federal expenditures presented in the schedule. Humility of Mary Housing, Inc. and Affiliates received no additional advances during the year. The balance of the capital advances outstanding at June 30, 2024 was $13,434,200

Finding Details

Finding 2024-001
Reference Number: 2024-001 – Electronic submission of reporting package to the Federal Clearinghouse Major Programs: 14.157 Section 202 Supportive Housing for the Elderly and Rental Assistance Payments Condition: The Organization’s June 30, 2023 reporting package, including the audited financial statements, was not electronically submitted timely to the Federal Audit Clearinghouse. Criteria: The Organization is required to electronically submit the reporting package, including the audited financial statements, to the Federal Audit Clearinghouse the earlier of 30 days after the audit report date or nine months after year end. Cause: Completion of the 2023 audit was delayed due to unforeseen circumstances and an extension to the audit was not obtained. Effect: The late submission prevents Federal Agencies to obtain the necessary information to monitor the integrity of the Federal programs. Recommendation: We recommend that the Organization electronically file their reporting package, including the audited financial statements, to the Federal Audit Clearinghouse by the due date or request an extension for more time is needed. Response: Management agreed with the recommendation and plans on adhering to the deadline for future submissions.
Finding 2024-001
Reference Number: 2024-001 – Electronic submission of reporting package to the Federal Clearinghouse Major Programs: 14.157 Section 202 Supportive Housing for the Elderly and Rental Assistance Payments Condition: The Organization’s June 30, 2023 reporting package, including the audited financial statements, was not electronically submitted timely to the Federal Audit Clearinghouse. Criteria: The Organization is required to electronically submit the reporting package, including the audited financial statements, to the Federal Audit Clearinghouse the earlier of 30 days after the audit report date or nine months after year end. Cause: Completion of the 2023 audit was delayed due to unforeseen circumstances and an extension to the audit was not obtained. Effect: The late submission prevents Federal Agencies to obtain the necessary information to monitor the integrity of the Federal programs. Recommendation: We recommend that the Organization electronically file their reporting package, including the audited financial statements, to the Federal Audit Clearinghouse by the due date or request an extension for more time is needed. Response: Management agreed with the recommendation and plans on adhering to the deadline for future submissions.
Finding 2024-001
Reference Number: 2024-001 – Electronic submission of reporting package to the Federal Clearinghouse Major Programs: 14.157 Section 202 Supportive Housing for the Elderly and Rental Assistance Payments Condition: The Organization’s June 30, 2023 reporting package, including the audited financial statements, was not electronically submitted timely to the Federal Audit Clearinghouse. Criteria: The Organization is required to electronically submit the reporting package, including the audited financial statements, to the Federal Audit Clearinghouse the earlier of 30 days after the audit report date or nine months after year end. Cause: Completion of the 2023 audit was delayed due to unforeseen circumstances and an extension to the audit was not obtained. Effect: The late submission prevents Federal Agencies to obtain the necessary information to monitor the integrity of the Federal programs. Recommendation: We recommend that the Organization electronically file their reporting package, including the audited financial statements, to the Federal Audit Clearinghouse by the due date or request an extension for more time is needed. Response: Management agreed with the recommendation and plans on adhering to the deadline for future submissions.
Finding 2024-001
Reference Number: 2024-001 – Electronic submission of reporting package to the Federal Clearinghouse Major Programs: 14.157 Section 202 Supportive Housing for the Elderly and Rental Assistance Payments Condition: The Organization’s June 30, 2023 reporting package, including the audited financial statements, was not electronically submitted timely to the Federal Audit Clearinghouse. Criteria: The Organization is required to electronically submit the reporting package, including the audited financial statements, to the Federal Audit Clearinghouse the earlier of 30 days after the audit report date or nine months after year end. Cause: Completion of the 2023 audit was delayed due to unforeseen circumstances and an extension to the audit was not obtained. Effect: The late submission prevents Federal Agencies to obtain the necessary information to monitor the integrity of the Federal programs. Recommendation: We recommend that the Organization electronically file their reporting package, including the audited financial statements, to the Federal Audit Clearinghouse by the due date or request an extension for more time is needed. Response: Management agreed with the recommendation and plans on adhering to the deadline for future submissions.