Finding 499246 (2023-002)

Significant Deficiency Repeat Finding
Requirement
L
Questioned Costs
-
Year
2023
Accepted
2024-09-28
Audit: 322053
Organization: Parkview Services (WA)
Auditor: 911566381

AI Summary

  • Core Issue: The Organization has a history of late report submissions, specifically missing deadlines for SBA financial statements and HUD REAC submissions.
  • Impacted Requirements: Federal contracts mandate timely reporting, which was not adhered to, affecting funders' access to crucial financial information.
  • Recommended Follow-Up: Establish a tracking system for grant reporting deadlines to ensure timely submissions in the future.

Finding Text

Identification as a Repeat Finding: Elements of this finding are repeats of Finding 2022-002. Finding: The Organization was late in filing reports required by program contracts. Criteria: Federal contracts identify periodic reporting requirements for reports due to funders. Sample Size and Population: 1 of 5 reports required for major programs. Condition and Context: The Small Business Administration (SBA) loan agreement requires submission of financial statements within 90 days of year end. The Organization did not submit financials directly to the SBA. Additionally, the HUD REAC submission for Section 8 Housing Choice Vouchers was not filed within 90 days of year end as required by HUD in 2023 and 2024. Effect: As a result of late submissions, federal funders did not have timely access to relevant information regarding the Organization’s transactions involving federal funds. Cause: The Organization presumed its annual filing on the Federal Audit Clearinghouse would meet the SBA’s requirement. However, the filing was submitted in September 2023 and a waiver of the 90 day deadline was not requested from the SBA. The responsibility for preparing the HUD REAC submission reports transitioned between staff during the year. Recommendations: We recommend the Organization implement systems of tracking grant reporting deadlines in order to ensure that reporting deadlines are met timely. Questioned Costs: None Management Response: Management response is reported in the “Corrective Action Plan” at the end of this report. Contact Person: Marc Cote, Executive Director 206-542-6644

Corrective Action Plan

Management agrees with this finding. Management will review all new funding contracts and agreements and keep track of all reporting requirements and deadlines in order to stay in compliance. Management will document all requirements and deadlines by December 31st, 2024. The Finance Director will notify reporting staff that a report is due and confirm that it has been submitted prior to the due date.

Categories

HUD Housing Programs Reporting Matching / Level of Effort / Earmarking

Other Findings in this Audit

  • 499247 2023-002
    Significant Deficiency Repeat
  • 1075688 2023-002
    Significant Deficiency Repeat
  • 1075689 2023-002
    Significant Deficiency Repeat

Programs in Audit

ALN Program Name Expenditures
59.008 Disaster Assistance Loans $600,000
14.228 Community Development Block Grants/entitlement Grants $306,528
14.239 Home Investment Partnerships Program $140,000
14.218 Community Development Block Grants/entitlement Grants $135,000
14.871 Section 8 Housing Choice Vouchers $118,781
21.026 Homeowner Assistance Fund $112,125
14.U00 Rental Rehab Program Community Housing Improvement $57,217
14.U00 Community Housing Improvement Program $40,000
14.169 Housing Counseling Assistance Program $17,291