FAC Explorer

Audit 415151

FY End
2026-06-30
Total Expended
$5.09M
Findings
2
Programs
1
Organization: Adelante, INC (RI)
Year: 2026 Accepted: 2026-10-21
Auditor: DAMIANO BURK & NUTTALL PC

Organization Exclusion Status:

Findings

ID Ref Severity Repeat Requirement
1240805 2026-001 Material Weakness Yes E
1240806 2026-002 Material Weakness Yes A

Programs

ALN Program Spent Major Findings
14.157 SUPPORTIVE HOUSING FOR THE ELDERLY $656,239 Yes 2

Contacts

Name Title Type
F1W9AKDZ2GD5 Frank Shea Auditee
4019412900 Victoria Sylvia Auditor
No contacts on file

Notes to SEFA

Supportive Housing for the Elderly(14.157)- Balances outstanding at the end of the audit period were $4,435,800
The accompanying schedule of expenditures of federal awards (the Schedule) includes the federal award activity of Adelante, Inc. under programs of the federal government for the year ended June 30, 2026. 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 Adelante, Inc., it is not intended to and does not present the financial position, changes in net deficit, or cash flows of Adelante, Inc.
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.
Adelante, Inc. has elected to use the 15% de minimis indirect cost rate as allowed under the Uniform Guidance.

Finding Details

Finding 2026-001
Condition: Four out of the six tenant files tested had the following items missing: copy of current lease (4), security deposit did not agree to security deposit listing (4), birth certificate (1), unit inspection (1) and pre rental application (1). Criteria: Tenant files should be maintained with all required documentation. Cause: The Corporation does not have internal controls in place to ensure that tenant files are properly maintained. Effect: The Corporation is no longer in compliance with its Project Rental Assistance Contract. Recommendation: The Corporation should design and implement internal controls to ensure that all tenant files have proper documentation. Views of Responsible Officials and Planned Corrective Actions: Management is in agreement with the auditor’s findings. Management will ensure tenant file inspections are completed on an annual basis.
Finding 2026-002
Condition: The Corporation made advances to a related party without documented authorization or approval. Criteria: Advances to related parties should be properly authorized, supported by documentation, and approved in accordance with the Corporation’s policies and applicable requirements. Cause: The Corporation does not have adequate internal controls over related-party transactions. Effect: The Corporation is no longer in compliance with its Project Rental Assistance Contract. Recommendation: The Corporation should establish and implement controls requiring documented review and approval of all related-party advances before funds are disbursed. Views of Responsible Officials and Planned Corrective Actions: Management agrees with the finding and will implement procedures to ensure all related-party advances are reviewed, documented, and approved before payment.