EIN: 630852988
UEI: DPB9M7PYTNB1
Data as of August 23, 2026
Management decision deadline — for entities that funded this organization
The FAC accepted this audit on March 23, 2020. 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 September 23, 2020 (2160 days ago).
What is a management decision? →Criteria In accordance with HUD Audit Guide and Compliance Supplement from OMB projects shall establish a residual receipts account and make deposits into the account in accordance with HUD requirements within 90 days after the close of the fiscal year. Further these funds are required to be maintained in a separate bank account from operations. Condition During the audit, we noted the residual receipts account (surplus cash) had been transferred from its separate bank account on July 2018 to the operating account as part of the transition of management. However, a new residual receipts account was not established until October 2019. Cause Entity changed management company resulted in transfer of cash but due to other issue related to cash flow resulting from the transfer the funds were not available to re-establish the reserve until after fiscal year end in October 2019. Effect The Entity was in violation of the Federal Regulation relating to residual receipts and surplus cash deposits. Questioned Costs $43,736. Context The Entity is changing several key areas that resulted in the lapse in internal controls. The changes should correct the repeat finding. Recommendation The issue has been resolved after fiscal year end the auditor did verify deposit into separate account in October 2019 for the full amount of $43,736. Reporting View of Entity We agree with the finding.
Show full finding ▾Hide full finding ▴Criteria In accordance with HUD Audit Guide and Compliance Supplement from OMB projects shall establish a residual receipts account and make deposits into the account in accordance with HUD requirements within 90 days after the close of the fiscal year. Further these funds are required to be maintained in a separate bank account from operations. Condition During the audit, we noted the residual receipts account (surplus cash) had been transferred from its separate bank account on July 2018 to the operating account as part of the transition of management. However, a new residual receipts account was not established until October 2019. Cause Entity changed management company resulted in transfer of cash but due to other issue related to cash flow resulting from the transfer the funds were not available to re-establish the reserve until after fiscal year end in October 2019. Effect The Entity was in violation of the Federal Regulation relating to residual receipts and surplus cash deposits. Questioned Costs $43,736. Context The Entity is changing several key areas that resulted in the lapse in internal controls. The changes should correct the repeat finding. Recommendation The issue has been resolved after fiscal year end the auditor did verify deposit into separate account in October 2019 for the full amount of $43,736. Reporting View of Entity We agree with the finding.
This issue was corrected on October 9, 2019. The full amount of $43,736 was deposited in to a separate bank account.
FAC accepted this audit on December 12, 2018 — management decision was due June 12, 2019.
GSA_MIGRATION
Show full finding ▾Hide full finding ▴GSA_MIGRATION
GSA_MIGRATION
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.