EIN: 721257567
UEI: FBUPLRN81C95
Audited by: Maddox & Associates, APC
Oversight agency: 14 [Department of Housing and Urban Development]
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Data as of August 31, 2026
Management decision deadline — for entities that funded this organization
The FAC accepted this audit on January 20, 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 20, 2026 (43 days ago).
What is a management decision? →The project did not remit excess Residual Receipts to HUD.
Show full finding ▾Hide full finding ▴The project did not remit excess Residual Receipts to HUD.
Management Agrees with the finding. The excess funds were accrued to submit to HUD.
Surplus cash was not deposited into the Residual Receipts account within 90 days.
Show full finding ▾Hide full finding ▴Surplus cash was not deposited into the Residual Receipts account within 90 days.
Management Agrees with the finding. The residual receipts account deficiency was funded on March 31, 2025 in the amount of $80,478. Management will ensure that the residual receipts account are properly funded in the future.
FAC accepted this audit on October 10, 2024 — management decision was due April 10, 2025.
Surplus cash was not deposited into the Residual Receipts account.
Show full finding ▾Hide full finding ▴Surplus cash was not deposited into the Residual Receipts account.
Management Agrees with the finding. The residual receipts account deficiency was funded on July 29, 2024 in the amount of $11,377. Management will ensure that the residual receipts account are properly funded in the future.
FAC accepted this audit on January 30, 2024 — management decision was due July 30, 2024.
FAC accepted this audit on December 26, 2022 — management decision was due June 26, 2023.
The project paid expenses on behalf of another project in the amount of $6,570. Cause: Management processed an invoice for a related project out of the project?s accounts in error. Effect or Potential Effect: The property has a receivable from the related project in the amount of $6,570. Auditor Non-Compliance Code: G Questioned Costs: $6,570 Reporting Views of Responsible Officials: Management agrees with the finding. The related project will reimburse the Project for the costs in the amount of $6,570. Context: The project paid expenses on behalf of another project in the amount of $6,570. Recommendation: The related project should reimburse the Project for the costs paid. Auditor's Summary of the Auditee's Comments on the Findings and Recommendations: Management agrees with the finding. The related project will reimburse the Project for the costs in the amount of $6,570. Response Indicator: Agree Completion Date: August 11, 2022 Response: Management agrees with the finding. The related project will reimburse the Project for the costs in the amount of $6,570.
Show full finding ▾Hide full finding ▴Finding Reference Number: 2022-001 Type of Finding: FA Finding Resolution Status: In Process Information on Universe Population Size: The finding was not a result of a sampling procedure. Sample Size Information: The finding was not a result of a sampling procedure. Identification of Repeat Finding and Finding Reference Number: This is not a repeat finding. Criteria: Project funds may be used only for expenses that are reasonable and necessary to the operation of the project as provided for in the Regulatory Agreement between HUD and the project owner. Statement of Condition: The project paid expenses on behalf of another project in the amount of $6,570. Cause: Management processed an invoice for a related project out of the project?s accounts in error. Effect or Potential Effect: The property has a receivable from the related project in the amount of $6,570. Auditor Non-Compliance Code: G Questioned Costs: $6,570 Reporting Views of Responsible Officials: Management agrees with the finding. The related project will reimburse the Project for the costs in the amount of $6,570. Context: The project paid expenses on behalf of another project in the amount of $6,570. Recommendation: The related project should reimburse the Project for the costs paid. Auditor's Summary of the Auditee's Comments on the Findings and Recommendations: Management agrees with the finding. The related project will reimburse the Project for the costs in the amount of $6,570. Response Indicator: Agree Completion Date: August 11, 2022 Response: Management agrees with the finding. The related project will reimburse the Project for the costs in the amount of $6,570.
Finding Reference Number: 2022-001 Concur or Do Not Concur: Concur Agree or Disagree with Auditor Recommendations: Agree Actions Taken or Planned on the Finding: Management agrees with the finding. The related project will reimburse the Project for the costs in the amount of $6,570. Completion Date: August 11, 2022
FAC accepted this audit on October 17, 2021 — management decision was due April 17, 2022.
FAC accepted this audit on November 8, 2020 — management decision was due May 8, 2021.
FAC accepted this audit on October 28, 2019 — management decision was due April 28, 2020.
FAC accepted this audit on November 5, 2018 — management decision was due May 5, 2019.
FAC accepted this audit on December 3, 2017 — management decision was due June 3, 2018.
GSA_MIGRATION
Show full finding ▾Hide full finding ▴FAC accepted this audit on November 21, 2016 — management decision was due May 21, 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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