EIN: 431843383
UEI: C8KWQBTSN6E7
Data as of August 23, 2026
Management decision deadline — for entities that funded this organization
The FAC accepted this audit on January 9, 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 9, 2026 (45 days ago).
What is a management decision? →The Organization did not obtain a fidelity bond or employee dishonesty coverage policy during the year ended September 30, 2025.
Show full finding ▾Hide full finding ▴The Organization did not obtain a fidelity bond or employee dishonesty coverage policy during the year ended September 30, 2025.
Management is in process with the insurance company to obtain a fidelity bond or employee dishonesty coverage policy in order to meet the requirements of the Regulatory Agreement.
The Organization did not make the required monthly deposits into its reserve for replacement account. Only three deposits were made during the year totaling $1,731 resulting in a shortage of funds deposited of $5,193.
Show full finding ▾Hide full finding ▴The Organization did not make the required monthly deposits into its reserve for replacement account. Only three deposits were made during the year totaling $1,731 resulting in a shortage of funds deposited of $5,193.
Management should insure the required monthly deposits into the reserve for replacement account are made in a timely manner.
FAC accepted this audit on June 27, 2025 — management decision was due December 27, 2025.
The Organization’s audited financial statements for the fiscal year-ended September 30, 2024, were not filed into the REAC system within 90-days after year-end.
Show full finding ▾Hide full finding ▴The Organization’s audited financial statements for the fiscal year-ended September 30, 2024, were not filed into the REAC system within 90-days after year-end.
Management will insure the audited financial statement are filed into the REAC system within 90-days after year-end.
FAC accepted this audit on March 8, 2023 — management decision was due September 8, 2023.
Flinn Place, Inc. did not make required monthly deposits into its reserve for replacement account. Only three deposits were made during the year totaling $4,416 resulting in a shortage of funds deposited of $2,208. Effect: Balance in reserve account was underfunded monthly. Cause: The monthly deposits were not made in part due to cash flows resulting from a voucher payment for August 2022, which was normally received at the beginning of the month, not being received until September 6, 2022 and the requirement to start a residual receipts account totaling $2,685 during the year based on excess cash from fiscal year 2021. Recommendation: We recommend the Organization build an operating reserve to enable them to continue operations as well as make monthly payments into the reserve account should unusual circumstances arise. Views of responsible officials and planned corrective actions: Flinn Place, Inc. agrees with this finding. Please refer to the corrective action plan on page 35.
Show full finding ▾Hide full finding ▴US Department of Housing and Urban Development Program name: Section 202, Capital advances and Mortgage Assistance AL # 14.157 Property ID: 800112281 Finding 2022-001 Special tests and provisions Criteria: Letter dated August 16, 2021 regarding Operating Budget for FY 2021-2022 stated that the monthly deposit for the reserve for replacement account will be $552 totaling $6,624 for the year. (This is a repeat finding.) Condition: Flinn Place, Inc. did not make required monthly deposits into its reserve for replacement account. Only three deposits were made during the year totaling $4,416 resulting in a shortage of funds deposited of $2,208. Effect: Balance in reserve account was underfunded monthly. Cause: The monthly deposits were not made in part due to cash flows resulting from a voucher payment for August 2022, which was normally received at the beginning of the month, not being received until September 6, 2022 and the requirement to start a residual receipts account totaling $2,685 during the year based on excess cash from fiscal year 2021. Recommendation: We recommend the Organization build an operating reserve to enable them to continue operations as well as make monthly payments into the reserve account should unusual circumstances arise. Views of responsible officials and planned corrective actions: Flinn Place, Inc. agrees with this finding. Please refer to the corrective action plan on page 35.
The following corrective action is regarding the reserve for replacements required deposits not deposited monthly as stated in the operation budget for FY 2021-2022. The required $552 monthly payments as stated in the operating budget for FY 2022-2023 will be deposited monthly. Flinn Place, Inc. will continue to build an operating reserve to enable us to continue required operations should unusual circumstances arise again. Proposed completion date December 16, 2022.
2021-001
FAC accepted this audit on February 9, 2022 — management decision was due August 9, 2022.
Flinn Place, Inc. did not make required monthly deposits into its reserve for replacement account. A deposit with the total yearly required amount and additional amounts were deposited September 30, 2021, the last day of the fiscal year. Effect: Balance in reserve account was underfunded monthly. Cause: Voucher payment for November 2020 was not received until January 2021 and client did not make deposits into reserve account due to not knowing when those funds would be received. Recommendation: We recommend the Organization build an operating reserve to enable them to continue operations as well as make monthly payments into the reserve account should unusual circumstances arise. Views of responsible officials and planned corrective actions: Flinn Place, Inc. agrees with this finding.
Show full finding ▾Hide full finding ▴Criteria: Letter dated August 16, 2021 regarding Operating Budget for FY 2021-2022 stated that the monthly deposit for the reserve for replacement account will be $552. Condition: Flinn Place, Inc. did not make required monthly deposits into its reserve for replacement account. A deposit with the total yearly required amount and additional amounts were deposited September 30, 2021, the last day of the fiscal year. Effect: Balance in reserve account was underfunded monthly. Cause: Voucher payment for November 2020 was not received until January 2021 and client did not make deposits into reserve account due to not knowing when those funds would be received. Recommendation: We recommend the Organization build an operating reserve to enable them to continue operations as well as make monthly payments into the reserve account should unusual circumstances arise. Views of responsible officials and planned corrective actions: Flinn Place, Inc. agrees with this finding.
Corrective Action For the Fiscal Year Ended June 30, 2021 Section II ? Financial Statement Findings None Reported Section III ? Federal Award Findings and Questioned Costs Finding 2021 ? 001: Special tests and provisions Name of Contact person: Alma Dvorak, Property Manager Corrective Action: The following corrective action is regarding the reserve for replacements required deposits not deposited monthly as stated in the Operating Budget for FY 2020-21. The required $552 monthly payments as stated in the Operating Budget 2021-22 will be deposited monthly unless unusual circumstances arise. Proposed Completion Date: January 21, 2022
FAC accepted this audit on January 23, 2020 — management decision was due July 23, 2020.
The organization withdrew funds from the tenant security deposits account during the year to cover cash shortfalls. Criteria: Per HUD handbook 2000.4 Chapter 3-5-L Compliance requirements over security deposits: Funds collected as a security deposit shall be kept in the name of the project, separate and apart from all other funds of the project in a trust account. The amount of this account shall at all times equal or exceed the aggregate of all outstanding obligations under that account. Funds must not be commingled with funds from any other projects. All disbursements from the security deposit account must be only for refunds to tenants and for payment of expenses incurred by or on behalf of the tenant, not to exceed the amount to which the tenant is entitled. Cause of condition: The organization was having cash flow issues during one month and needed additional funds to cover operating expenses. Effect: The organization transferred funds out of the security deposit account one time during the fiscal year to pay project bills due to cash flow issues. This resulted in the security deposit account being less than the amounts entitled to the tenants throughout the year. The withdrawals were replaced during the same month resulting in an appropriate balance as of September 30, 2019. Questioned Cost: None Recommendation: The organization should try build up their cash account to ensure the ability to pay their bills without needing to use the security deposit or replacement reserve accounts. Management response: Management miscalculated the cost of accounts payable for the month of April by not including payroll which caused the shortage of funds. In order to avoid further costs of late fees the transfer of funds was done. The board of directors was made aware of the error and informed it would be a finding during our upcoming audit.
Show full finding ▾Hide full finding ▴2019-001 ? Compliance requirement over Security Deposits Federal Program: CFDA #14.157 Section 202, Capital Advances and Mortgage Assistance Condition: The organization withdrew funds from the tenant security deposits account during the year to cover cash shortfalls. Criteria: Per HUD handbook 2000.4 Chapter 3-5-L Compliance requirements over security deposits: Funds collected as a security deposit shall be kept in the name of the project, separate and apart from all other funds of the project in a trust account. The amount of this account shall at all times equal or exceed the aggregate of all outstanding obligations under that account. Funds must not be commingled with funds from any other projects. All disbursements from the security deposit account must be only for refunds to tenants and for payment of expenses incurred by or on behalf of the tenant, not to exceed the amount to which the tenant is entitled. Cause of condition: The organization was having cash flow issues during one month and needed additional funds to cover operating expenses. Effect: The organization transferred funds out of the security deposit account one time during the fiscal year to pay project bills due to cash flow issues. This resulted in the security deposit account being less than the amounts entitled to the tenants throughout the year. The withdrawals were replaced during the same month resulting in an appropriate balance as of September 30, 2019. Questioned Cost: None Recommendation: The organization should try build up their cash account to ensure the ability to pay their bills without needing to use the security deposit or replacement reserve accounts. Management response: Management miscalculated the cost of accounts payable for the month of April by not including payroll which caused the shortage of funds. In order to avoid further costs of late fees the transfer of funds was done. The board of directors was made aware of the error and informed it would be a finding during our upcoming audit.
2019-001 ? Compliance requirement over Security Deposits Federal Program: CFDA #14.157 Section 202, Capital Advances and Mortgage Assistance Management will minimize costs for property maintenance and community activities as needed in order to set aside funds monthly for possible shortfalls that may occur due to vacancies and/or unexpected renovation requirements. Management will also continue to fund the Reserve account as required in order to have emergency funds if needed.
FAC accepted this audit on February 8, 2018 — management decision was due August 8, 2018.
GSA_MIGRATION
Show full finding ▾Hide full finding ▴GSA_MIGRATION
GSA_MIGRATION
GSA_MIGRATION
Show full finding ▾Hide full finding ▴GSA_MIGRATION
GSA_MIGRATION
FAC accepted this audit on April 25, 2017 — management decision was due October 25, 2017.
GSA_MIGRATION
Show full finding ▾Hide full finding ▴GSA_MIGRATION
GSA_MIGRATION
2015-001
GSA_MIGRATION
Show full finding ▾Hide full finding ▴Data source: This information comes from the Federal Audit Clearinghouse, the official repository of Single Audit data. All data is public domain. Verify this organization's audit history at fac.gov.
Track your findings and corrective action plans across audit cycles.
Start tracking findings →Monitor subrecipient audit findings and compliance status.
Start monitoring →© 2026 Single Audit Intelligence. All data is public domain.