Finding Text
FIRST BAPTIST CHURCH CAPITOL HILL HOMES, INCORPORATED HUD Project No. 086-EH003-L7-NP-WAH Schedule of Findings For the Year Ended April 30, 2022 Finding ? Item 2022-2 Reporting under Government Auditing Standards Finding ? Item 2022-2 Major Federal Award Program Audit Department of Housing and Urban Development (HUD): Section 223 (F) Loan ? Federal Assistance Listing # 14.155 Section 8 Housing Assistance Payments ? Federal Assistance Listing # 14.195 Reporting Statement of Condition: The required Single Audits were not remitted to the Federal Audit Clearinghouse (FAC) within the earlier of 30 days after the the receipted of the auditors' reports or 9 months after the end of the audit periods for the fiscal years ended April 30, 2016 - April 30, 2020. Criteria: Non-profit grant recipients that expend $750,000 or more in federal awards in a fiscal year must have a single audit conducted in accordance with 45 CFR Part 75, Subpart F and submit the related audit reports electronically to the FAC within the specified time frame. Effect of Condition: The property is not in compliance with federal regulations relating to the reporting requirements and the submission of Single Audits to the FAC. Cause of Condition: Remitting and certifying Single Audit Reporting Packages to the Federal Audit Clearinghouse is the joint responsibility of the auditee and the independent auditor. Both parties must sign off on the submission. Neither the auditee nor the auditor initiated a submission. Recommendation: We recommend that the required delinquent submissions of Single Audits be completed as soon as possible.