FAC Explorer

Finding 1136186 (2022-003)

Significant Deficiency Repeat Finding
Requirement
C
Questioned Costs
$1
Year
2022
Accepted
2025-05-06
Audit: 355678
Organization: Hoover Seniors (CA)
Auditor: Cohnreznick LLP

AI Summary

  • Issue: As of December 31, 2022, there are no deposits made to the reserve for replacements, totaling $2,480.
  • Trend: This lack of deposits indicates a potential ongoing issue with funding necessary reserves.
  • Follow-up: Review the funding process for the reserve and ensure timely deposits moving forward.

Finding Text

At December 31, 2022, deposits to the reserve for replacements account in a cumulative amount of $2,480 have not been made.

Categories

Questioned Costs

Other Findings in this Audit

  • 559741 2022-003
    Significant Deficiency Repeat
  • 559742 2022-002
    Significant Deficiency Repeat
  • 559743 2022-001
    Significant Deficiency Repeat
  • 559744 2022-003
    Significant Deficiency Repeat
  • 559745 2022-002
    Significant Deficiency Repeat
  • 559746 2022-001
    Significant Deficiency Repeat
  • 559747 2022-002
    Significant Deficiency Repeat
  • 559748 2022-003
    Significant Deficiency Repeat
  • 1136183 2022-003
    Significant Deficiency Repeat
  • 1136184 2022-002
    Significant Deficiency Repeat
  • 1136185 2022-001
    Significant Deficiency Repeat
  • 1136187 2022-002
    Significant Deficiency Repeat
  • 1136188 2022-001
    Significant Deficiency Repeat
  • 1136189 2022-002
    Significant Deficiency Repeat
  • 1136190 2022-003
    Significant Deficiency Repeat

Programs in Audit

ALN Program Name Expenditures
14.239 Home Investment Partnerships Program $1.18M
14.157 Supportive Housing for the Elderly $309,161