Finding 1165748 (2025-001)

Material Weakness Repeat Finding

Requirement

Questioned Costs

Year

2025

Accepted

2025-12-19

Audit: 376537

Organization: Village of Hope, Inc. (TN)

Auditor: TARWATER & COMPANY PC

AI Summary

Issue: There was an unauthorized withdrawal of $5,600 from the replacement reserve.
Trend: Management acknowledges the issue and is actively addressing it.
Follow-up: Monitor the situation to ensure resolution and compliance moving forward.

Finding Text

S3900-010 Finding Reference Number 2022-01 S3900-020 Status Indicator Not cleared S3900-030 Statement of Condition for Previous Finding Unauthorized withdrawal from replacement reserve of $5,600. S3900-040 Previous Response for Finding Concur S3900-050 Narrative Management is aware of this matter and it is ongoing.

Corrective Action Plan

Management agrees with the finding will take action to implement the recommendation as soon as cash flow allows.

Other Findings in this Audit

1165747 2025-001

Material Weakness Repeat
1165749 2025-002

Material Weakness Repeat
1165750 2025-002

Material Weakness Repeat

Programs in Audit

ALN	Program Name	Expenditures
14.181	SUPPORTIVE HOUSING FOR PERSONS WITH DISABILITIES	$69,484