FAC Explorer

Audit 357242

FY End
2024-06-30
Total Expended
$1.27M
Findings
2
Programs
1
Organization: Douglas Housing Alternatives, Inc. (OR)
Year: 2024 Accepted: 2025-05-27
Auditor: Eisner Amper

Organization Exclusion Status:

Findings

ID Ref Severity Repeat Requirement
561636 2024-001 - - P
1138078 2024-001 - - P

Programs

ALN Program Spent Major Findings
14.181 Supportive Housing for Persons with Disabilities $1.27M Yes 1

Contacts

Name Title Type
MQ4MLFDM8LJ1 Sabrina Murray Auditee
5416732240 Adam Tretinik Auditor
No contacts on file

Notes to SEFA

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 OMB circular A-122, Cost Priciples for Non-profit Organization, wherein certain types of expenditures are not allowable or are limited as to reimbursement. De Minimis Rate Used: Y Rate Explanation: The auditee used the de minimis cost rate.

Finding Details

Finding 2024-001
Corrective Action Started or in Progress Finding No. 2024-1 Statement of Condition Management did not file the financial statements in a timely manner according to HUD regulations. Criteria The terms of the regulatory agreement require that the financial statements be filed within nine months after the fiscal year end. Cause An administrative oversight in the filing of the financial statements. Effect Management is not in compliance with the requirement to timely submit the annual financial statements to HUD. Auditor Noncompliance Code Z - Other Recommendations Management should ensure timely filing of the financial statements. Views of Responsible Officials Management agrees with the findings and will file the financial statements in a timely manner.
Finding 2024-001
Corrective Action Started or in Progress Finding No. 2024-1 Statement of Condition Management did not file the financial statements in a timely manner according to HUD regulations. Criteria The terms of the regulatory agreement require that the financial statements be filed within nine months after the fiscal year end. Cause An administrative oversight in the filing of the financial statements. Effect Management is not in compliance with the requirement to timely submit the annual financial statements to HUD. Auditor Noncompliance Code Z - Other Recommendations Management should ensure timely filing of the financial statements. Views of Responsible Officials Management agrees with the findings and will file the financial statements in a timely manner.