Finding 1096337 (2024-001)

Requirement

Questioned Costs

Year

2024

Accepted

2025-01-22

Audit: 339225

Organization: Sunrise House, Inc. (MO)

Auditor: Ralph C Johnson & CO PC

AI Summary

Issue: The security deposit account is underfunded and cannot cover the liabilities.
Trend: This indicates a potential risk in managing security deposits, which could lead to financial discrepancies.
Follow-up: Review funding strategies for the security deposit account to ensure it meets liability requirements.

The security deposit account does not have enough funds to cover the security deposit liability account.

ALN	Program Name	Expenditures
14.181	Supportive Housing for Persons with Disabilities	$1.28M
14.195	Project-Based Rental Assistance (pbra)	$86,438