FAC Explorer

Finding 497365 (2023-001)

Significant Deficiency
Requirement
L
Questioned Costs
-
Year
2023
Accepted
2024-09-19
Audit: 320110
Organization: New Vision House of Hope, Inc. (MD)
Auditor: Simmons CPA PC

AI Summary

  • Issue: Financial statements were not prepared or submitted on time.
  • Trend: This delay affects compliance with submission deadlines, specifically the May 31, 2023 due date.
  • Follow-up: Ensure timely preparation and submission of financial documents to avoid future compliance issues.

Finding Text

The August 31,2023 Financial statements were not prepared nor submitted in a timely manner, therefore the Data Collection Form and accompanying reporting package were not submitted by the stipulated due date of May 31, 2023, to the Federal Audit Clearinghouse.

Corrective Action Plan

To ensure Financial Statements are prepared in a timely manner for the annual single audit and submission of the Data Collection Forms, NVHOH will meet with L TH Accounting Services on a monthly basis.

Categories

Reporting

Other Findings in this Audit

  • 1073807 2023-001
    Significant Deficiency

Programs in Audit

ALN Program Name Expenditures
64.033 Va Supportive Services for Veteran Families Program $1.40M
17.805 Homeless Veterans Reintegration Project $371,809
93.914 Hiv Emergency Relief Project Grants $316,245
93.686 Ending the Hiv Epidemic: A Plan for America — Ryan White Hiv/aids Program Parts A and B (b) $100,032
93.917 Hiv Care Formula Grants $26,092