Saint Franci Apartments Inc.Non-Profit

EIN: 640748961

UEI: MZ2VV4PDWU34

Audited by: Matthews, Cutrer & Lindsay

Oversight agency: 14 [Department of Housing and Urban Development]

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Data as of September 2, 2026

Saint Franci Apartments Inc.9 audit years1 findings

Audit Years

Total Findings

Repeat Findings

$804.1K

Federal Awards Expended (FY 2024)

FY 2024-12-31 FY 2023-12-31 FY 2022-12-31 FY 2021-12-31 FY 2020-12-31 FY 2019-12-31 FY 2018-12-31 FY 2017-12-31 FY 2016-12-31

FY 2024-12-31

LOW-RISK AUDITEE$804,120 federal awards expendedNo findings recorded this year

Management decision deadline — for entities that funded this organization

The FAC accepted this audit on June 16, 2025. 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 December 16, 2025 (262 days ago).

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FY 2023-12-31

$898,176 federal awards expended

FAC accepted this audit on April 15, 2024 — management decision was due October 15, 2024.

2023-001

Activities Allowed or Unallowed

QUESTIONED COSTSOTHER MATTERS

HUD approval was not granted for disbursements from the restricted accounts.

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Full finding narrative

HUD approval was not granted for disbursements from the restricted accounts.

Corrective Action Plan

Management agrees with the finding. Since the project does not have the funds to repay the account, the management agent will loan the funds to the property.

About Activities Allowed or Unallowed →

FY 2022-12-31

LOW-RISK AUDITEE$938,805 federal awards expendedNo findings recorded this year

FAC accepted this audit on July 10, 2023 — management decision was due January 10, 2024.

FY 2021-12-31

LOW-RISK AUDITEE$997,549 federal awards expendedNo findings recorded this year

FAC accepted this audit on March 24, 2022 — management decision was due September 24, 2022.

FY 2020-12-31

LOW-RISK AUDITEE$1,018,476 federal awards expendedNo findings recorded this year

FAC accepted this audit on March 24, 2021 — management decision was due September 24, 2021.

FY 2019-12-31

LOW-RISK AUDITEE$1,046,989 federal awards expendedNo findings recorded this year

FAC accepted this audit on April 26, 2020 — management decision was due October 26, 2020.

FY 2018-12-31

LOW-RISK AUDITEE$1,077,092 federal awards expendedNo findings recorded this year

FAC accepted this audit on March 17, 2019 — management decision was due September 17, 2019.

FY 2017-12-31

LOW-RISK AUDITEE$1,119,355 federal awards expendedNo findings recorded this year

FAC accepted this audit on March 21, 2018 — management decision was due September 21, 2018.

FY 2016-12-31

LOW-RISK AUDITEE$1,112,634 federal awards expendedNo findings recorded this year

FAC accepted this audit on April 16, 2017 — management decision was due October 16, 2017.

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.

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