DRAYTON VILLAGE, INC.

EIN: 043786216

UEI: N2MUDK4Z7NN4

Data as of August 27, 2026

DRAYTON VILLAGE, INC.10 audit years1 findings
10
Audit Years
1
Total Findings
0
Repeat Findings

FY 2021-06-30

Management decision deadline — for entities that funded this organization

The FAC accepted this audit on September 29, 2021. Under 2 CFR 200.521(d), a pass-through entity that provided federal funds to this organization for this audit period must issue a management decision on these findings by March 29, 2022 (1612 days ago).

What is a management decision? →
2021-001
Special Tests & Provisions
QUESTIONED COSTS

Section III-Federal Award Findings and Questioned Costs CFDA title and number (federal award identification and year): Supportive Housing for the Elderly, CFDA No. 14.157 Auditor non-compliance code: B - Failure to make required residual receipt deposit Finding resolution status: Resolved Universe population size: The universe population size is not applicable to the finding. Sample size information: The sample size is not applicable to the finding. Statistically valid sample: Not applicable. Name of Federal Agency: U.S. Department of Housing and Urban Development Pass-through entity: N/A Questioned costs: $2,172 Statement of condition #2021-001 (CFDA 14.157): The Corporation's required deposit into the residual receipts account per the June 30, 2020 Computation of Surplus Cash, Distributions and Residual Receipts was not deposited within 90 days of the fiscal year end. Criteria: Pursuant to the HUD regulations, surplus cash is required to be deposited into a separate residual receipts fund within 90 days after the fiscal period end. Effect: The Corporation is not in compliance with the terms of the Section 202 Regulatory Agreement. Cause: This was an oversight by Management. Recommendation: Management should make all required residual receipts deposits per the annual Computation of Surplus Cash, Distributions and Residual Receipts within 90 days after the fiscal year end. Completion date: April 19, 2021 Management response: Agree. Management deposited $2,172 into the residual receipts fund on April 19, 2021.

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Full finding narrative

Section III-Federal Award Findings and Questioned Costs CFDA title and number (federal award identification and year): Supportive Housing for the Elderly, CFDA No. 14.157 Auditor non-compliance code: B - Failure to make required residual receipt deposit Finding resolution status: Resolved Universe population size: The universe population size is not applicable to the finding. Sample size information: The sample size is not applicable to the finding. Statistically valid sample: Not applicable. Name of Federal Agency: U.S. Department of Housing and Urban Development Pass-through entity: N/A Questioned costs: $2,172 Statement of condition #2021-001 (CFDA 14.157): The Corporation's required deposit into the residual receipts account per the June 30, 2020 Computation of Surplus Cash, Distributions and Residual Receipts was not deposited within 90 days of the fiscal year end. Criteria: Pursuant to the HUD regulations, surplus cash is required to be deposited into a separate residual receipts fund within 90 days after the fiscal period end. Effect: The Corporation is not in compliance with the terms of the Section 202 Regulatory Agreement. Cause: This was an oversight by Management. Recommendation: Management should make all required residual receipts deposits per the annual Computation of Surplus Cash, Distributions and Residual Receipts within 90 days after the fiscal year end. Completion date: April 19, 2021 Management response: Agree. Management deposited $2,172 into the residual receipts fund on April 19, 2021.

Corrective Action Plan

Name of auditee: Drayton Village, Inc. HUD auditee identification number: 054-EE054-WAH Name of audit firm: Dauby O'Connor & Zaleski, LLC Period covered by the audit: Year ended June 30, 2021 CAP prepared by Name: Westley Partin Position: Controller Telephone number: 864-438-5085 Current Findings on the Schedule of Findings, Questioned Costs, and Recommendations Statement of condition #2021-001 (CFDA 14.157): The Corporation's required deposit into the residual receipts account per the June 30, 2020 Computation of Surplus Cash, Distributions and Residual Receipts was not deposited within 90 days of the fiscal year end. Management should make all required residual receipts deposits per the annual Computation of Surplus Cash, Distributions and Residual Receipts within 90 days after the fiscal year end. Management response: Agree. Management deposited $2,172 into the residual receipts fund on April 19, 2021.

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