Clovernook Housing Network Corporation

EIN: 204394752

UEI: QR8KU5U321L4

Data as of August 21, 2026

Clovernook Housing Network Corporation8 audit years2 findings
8
Audit Years
2
Total Findings
0
Repeat Findings

FY 2022-12-31

Management decision deadline — for entities that funded this organization

The FAC accepted this audit on April 5, 2023. 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 October 5, 2023 (1051 days ago).

What is a management decision? →
2022-001
Reporting
MATERIAL WEAKNESS

Significant audit adjustment was necessary to be recorded. Criteria: Internal controls and appropriate policies and procedures should be in place to review, detect and/or correct material misstatements to the financial statements. Cause: Adequate year-end financial review closing process to identify material misstatements in the financial statements were not established or implemented. Effect: Financial statement amounts could be materially misstated. Recommendation: Clovernook Housing Network Corporation should establish a policy to have a key board member with appropriate knowledge of generally accepted accounting principles review account balances and financial statements as part of the year-end closing.

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Full finding narrative

2022-001: Account reconciliation and financial review. Condition: Significant audit adjustment was necessary to be recorded. Criteria: Internal controls and appropriate policies and procedures should be in place to review, detect and/or correct material misstatements to the financial statements. Cause: Adequate year-end financial review closing process to identify material misstatements in the financial statements were not established or implemented. Effect: Financial statement amounts could be materially misstated. Recommendation: Clovernook Housing Network Corporation should establish a policy to have a key board member with appropriate knowledge of generally accepted accounting principles review account balances and financial statements as part of the year-end closing.

Corrective Action Plan

Management concurs with the reported finding. Clovernook Housing Network Corporation will establish a policy to have a key board member with appropriate knowledge of generally accepted accounting principles review account balances and financial statements as part of the year-end closing by their May 2023 board meeting.

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FY 2019-12-31

FAC accepted this audit on April 1, 2020 — management decision was due October 1, 2020.

2019-001
Other

The data collection form and reporting package was not submitted by the earlier of 30 days after the reports were received from the auditors or nine months after the end of the audit period. Cause: We noted during our testing of compliance that the data collection form and reporting package were not submitted to the Federal Audit Clearinghouse (FAC). Effect: Clovernook Housing Network Corporation is not in compliance with 2 CFR Section 200.512(a). Perspective Information: Clovernook Housing Network Corporation did not have an internal control in place to ensure the submission of the data collection form and reporting package. The individuals within management responsible for the submission left the employment of Clovernook Housing Network Corporation and their replacements were not aware of the requirement for submission. Recommendations: Submit the late data collection form and reporting package. In addition, strengthen procedures to ensure the submission of the data collection form and reporting package to FAC by the reporting deadline. View of Responsible Officials: The data collection form and reporting packages were submitted on February 27, 2020 and procedures were put into place to ensure timely future submission.

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Full finding narrative

Finding No. 2019-001: Section 811 CFDA 14.181 Supportive Housing for Persons with Disabilities Criteria: 2 CFR Section 200.512(a) requires the data collection form and reporting package be submitted the earlier of 30 days after the reports are received from the auditors or nine months after the end of the audit period. Condition: The data collection form and reporting package was not submitted by the earlier of 30 days after the reports were received from the auditors or nine months after the end of the audit period. Cause: We noted during our testing of compliance that the data collection form and reporting package were not submitted to the Federal Audit Clearinghouse (FAC). Effect: Clovernook Housing Network Corporation is not in compliance with 2 CFR Section 200.512(a). Perspective Information: Clovernook Housing Network Corporation did not have an internal control in place to ensure the submission of the data collection form and reporting package. The individuals within management responsible for the submission left the employment of Clovernook Housing Network Corporation and their replacements were not aware of the requirement for submission. Recommendations: Submit the late data collection form and reporting package. In addition, strengthen procedures to ensure the submission of the data collection form and reporting package to FAC by the reporting deadline. View of Responsible Officials: The data collection form and reporting packages were submitted on February 27, 2020 and procedures were put into place to ensure timely future submission.

Corrective Action Plan

Finding No. 2019-001: Section 811 CFDA 14.181 Supportive Housing for Persons with Disabilities Criteria: 2 CFR Section 200.512(a) requires the data collection form and reporting package be submitted the earlier of 30 days after the reports are received from the auditors or nine months after the end of the audit period. Condition: The data collection form and reporting package was not submitted by the earlier of 30 days after the reports were received from the auditors or nine months after the end of the audit period. Cause: We noted during our testing of compliance that the data collection form and reporting package were not submitted to the Federal Audit Clearinghouse (FAC). Effect: Clovernook Housing Network Corporation is not in compliance with 2 CFR Section 200.512(a). Perspective Information: Clovernook Housing Network Corporation did not have an internal control in place to ensure the submission of the data collection form and reporting package. The individuals within management responsible for the submission left the employment of Clovernook Housing Network Corporation and their replacements were not aware of the requirement for submission. Recommendations: Submit the late data collection form and reporting package. In addition, strengthen procedures to ensure the submission of the data collection form and reporting package to FAC by the reporting deadline. View of Responsible Officials: The data collection form and reporting packages were submitted on February 27, 2020 and procedures were put into place to ensure timely future submission.

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