FAC Explorer

Finding 1238493 (2025-008)

Material Weakness Repeat Finding
Requirement
N
Questioned Costs
-
Year
2025
Accepted
2026-09-30
Audit: 413372
Organization: Ridgeview Terrace, Inc. (OH)
Auditor: KEVIN L PENN INC

AI Summary

  • Answer: $1,740.00 has been added to the Replacement Reserve Account this year.
  • Trend: This indicates ongoing contributions to the reserve, which is essential for future maintenance and repairs.
  • List: Monitor future deposits to ensure the reserve remains adequately funded.

Finding Text

$1,740.00 has been deposited into the Replacement Reserve Account since January 1, 2023.

Corrective Action Plan

2. Current Findings on the Schedule of Finding, Questioned Cost and Recommendation

Categories

No categories assigned yet.

Other Findings in this Audit

  • 1238491 2025-006
    Material Weakness Repeat
  • 1238492 2025-007
    Material Weakness Repeat

Programs in Audit

ALN Program Name Expenditures
14.157 SUPPORTIVE HOUSING FOR THE ELDERLY $4.15M