Finding 555314 (2024-001)

Reference Number: 2024-001 – Electronic submission of reporting package to the Federal Clearinghouse Major Programs: 14.157 Section 202 Supportive Housing for the Elderly and Rental Assistance Payments Condition: The Organization’s June 30, 2023 reporting package, including the audited financial statements, was not electronically submitted timely to the Federal Audit Clearinghouse. Criteria: The Organization is required to electronically submit the reporting package, including the audited financial statements, to the Federal Audit Clearinghouse the earlier of 30 days after the audit report date or nine months after year end. Cause: Completion of the 2023 audit was delayed due to unforeseen circumstances and an extension to the audit was not obtained. Effect: The late submission prevents Federal Agencies to obtain the necessary information to monitor the integrity of the Federal programs. Recommendation: We recommend that the Organization electronically file their reporting package, including the audited financial statements, to the Federal Audit Clearinghouse by the due date or request an extension for more time is needed. Response: Management agreed with the recommendation and plans on adhering to the deadline for future submissions.