FAC Explorer

Finding 1079730 (2024-001)

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Requirement
P
Questioned Costs
$1
Year
2024
Accepted
2024-10-21
Audit: 325377
Organization: Prince Hall Plaza (IN)
Auditor: Comer Nowling and Associates PC

AI Summary

  • Answer: The financial statements for the year ending June 30, 2024, were not submitted on time.
  • Trend: This delay indicates a potential pattern of late filings, which could lead to compliance issues.
  • List: Follow up by ensuring timely submissions in the future and reviewing processes to prevent delays.

Finding Text

The audited financial statements for the fiscal year-end June 30, 2024 were not filed into the REAC system within 90 days after the year-end.

Categories

Questioned Costs

Other Findings in this Audit

Programs in Audit

ALN Program Name Expenditures
14.134 Mortgage Insurance_rental Housing $2.47M
14.195 Section 8 Housing Assistance Payments Program $723,789