EIN: 391240728
UEI: L37WKN63B247
Audited by: Williams CPA, LLC.
Oversight agency: 14 [Department of Housing and Urban Development]
Data as of August 28, 2026
Management decision deadline — for entities that funded this organization
The FAC accepted this audit on January 21, 2026. 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 July 21, 2026 (38 days ago).
What is a management decision? →Criteria – The inability to report financial data reliably in accordance with accounting principles generally accepted in the United States of (GAAP) is considered to be an internal control deficiency. Condition – The Company’s internal control over financial reporting extends through completion of the general ledger, but not to preparation of GAAP compliant financial statements and notes. As auditors, we were requested to draft the financial statements, and the accompanying notes to the financial statements. The auditors believe, in the auditors’ judgment, the Company does possess the necessary expertise to prepare the financial statements but has chosen to engage the auditors to perform this component service. Cause – Management and those charged with governance have accepted this condition because of cost. Effect – As a result of not having an individual on staff to prepare GAAP basis financial statements, the Company has an internal control deficiency. Recommendation – We recommend that management and those charged with governance continue to oversee and accept responsibility for the financial statement preparation services.
Show full finding ▾Hide full finding ▴Criteria – The inability to report financial data reliably in accordance with accounting principles generally accepted in the United States of (GAAP) is considered to be an internal control deficiency. Condition – The Company’s internal control over financial reporting extends through completion of the general ledger, but not to preparation of GAAP compliant financial statements and notes. As auditors, we were requested to draft the financial statements, and the accompanying notes to the financial statements. The auditors believe, in the auditors’ judgment, the Company does possess the necessary expertise to prepare the financial statements but has chosen to engage the auditors to perform this component service. Cause – Management and those charged with governance have accepted this condition because of cost. Effect – As a result of not having an individual on staff to prepare GAAP basis financial statements, the Company has an internal control deficiency. Recommendation – We recommend that management and those charged with governance continue to oversee and accept responsibility for the financial statement preparation services.
The Company does not have the resources and/or staff to prepare the financial statements and the related notes but will continue to oversee the auditor’s services and review and approve the financial statements and the related notes.
2023-001
Criteria – Recording of transactions in accordance with GAAP. Condition – Material audit adjustments were required to prevent the Organization’s financial statements from being materially misstated. Cause – Three casualty events and some uncertainty about final cost and insurance recovery contributed to incomplete event recordings. Effect – These material adjustments could have resulted in a material misstatement of the Organization’s financial statements. Recommendation – We recommend the Organization review the current year audit adjustments and attempt to adjust accounts to actual in the future.
Show full finding ▾Hide full finding ▴Criteria – Recording of transactions in accordance with GAAP. Condition – Material audit adjustments were required to prevent the Organization’s financial statements from being materially misstated. Cause – Three casualty events and some uncertainty about final cost and insurance recovery contributed to incomplete event recordings. Effect – These material adjustments could have resulted in a material misstatement of the Organization’s financial statements. Recommendation – We recommend the Organization review the current year audit adjustments and attempt to adjust accounts to actual in the future.
The Company will review the current year audit adjustments with our auditor for a clear understanding of why they were made to eliminate adjustments in future year audits. The management company will make a stronger effort to review and reconcile accounts on a monthly basis to ensure the accuracy of the records.
FAC accepted this audit on January 2, 2025 — management decision was due July 2, 2025.
Criteria – The inability to report financial data reliably in accordance with accounting principles generally accepted in the United States of (GAAP) is considered to be an internal control deficiency. Condition – The Company’s internal control over financial reporting extends through completion of the general ledger, but not to preparation of GAAP compliant financial statements and notes. As auditors, we were requested to draft the financial statements, and the accompanying notes to the financial statements. The auditors believe, in the auditors’ judgment, the Company does possess the necessary expertise to prepare the financial statements but has chosen to engage the auditors to perform this component service.
Show full finding ▾Hide full finding ▴Criteria – The inability to report financial data reliably in accordance with accounting principles generally accepted in the United States of (GAAP) is considered to be an internal control deficiency. Condition – The Company’s internal control over financial reporting extends through completion of the general ledger, but not to preparation of GAAP compliant financial statements and notes. As auditors, we were requested to draft the financial statements, and the accompanying notes to the financial statements. The auditors believe, in the auditors’ judgment, the Company does possess the necessary expertise to prepare the financial statements but has chosen to engage the auditors to perform this component service.
The Company does not have the resources and/or staff to prepare the financial statements and the related notes but will continue to oversee the auditor’s services and review and approve the financial statements and the related notes.
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