FAC Explorer

Finding 970102 (2023-002)

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Requirement
P
Questioned Costs
$1
Year
2023
Accepted
2024-04-17
Audit: 303806
Organization: Zion Tabernacle Senior Living Center, INC (IN)
Auditor: Comer Nowling and Associates PC

AI Summary

  • Answer: Monthly deposits of $37,824 to the replacement reserve were required in 2023.
  • Trend: Consistent deposits are crucial for maintaining financial health and meeting reserve requirements.
  • List: Follow up to ensure deposits are made moving forward and review any missed contributions.

Finding Text

Monthly deposits totaling $37,824 should have been made to the replacement reserve during 2023.

Categories

Questioned Costs

Other Findings in this Audit

Programs in Audit

ALN Program Name Expenditures
14.157 Supportive Housing for the Elderly $377,293