Finding 522660 (2024-001)

Requirement

Questioned Costs

Year

2024

Accepted

2025-02-10

Audit: 341927

Organization: Whispering Hope, Inc. (LA)

Auditor: Maddox & Associates Apc

AI Summary

Answer: Financial statements were submitted late, missing the 90-day deadline set by HUD.
Trend: This delay could indicate a pattern of non-compliance with reporting requirements.
List: Follow up by reviewing submission processes and implementing reminders for deadlines.

FINANCIAL STATEMENTS WERE NOT FILED WITH HUD BY THE 90 DAY DEADLINE.

MANAGEMENT AGREES WITH THE FINDING. THE FINANCIAL STATEMENTS WERE SUBMITTED TO HUD ON OCTOBER 3, 2023.

ALN	Program Name	Expenditures
14.157	Supportive Housing for the Elderly	$4.45M
14.239	Home Investment Partnerships Program	$52,940