EIN: 726000673
UEI: M42NURFFHH67
Audited by: WILLIAM R. HULSEY, CPA (APAC)
Oversight agency: 93 [Department of Health and Human Services]
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Data as of September 7, 2026
Management decision deadline — for entities that funded this organization
The FAC accepted this audit on July 9, 2023. 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 January 9, 2024 (974 days ago).
What is a management decision? →FAC accepted this audit on October 31, 2022 — management decision was due May 1, 2023.
Monthly transfers to fund the debt service fund and the reserve fund were not made. Criteria: Per the terms and conditions of the debt issuance, a monthly transfer from the operating account into a debt service fund and into a reserve fund are required. Cause: Although the payment for debt service is automatically drafted, Management did not separate the monthly transfer into an isolated account. Effect: Without the required separate funds, management cannot show compliance with funding the reserve or debt service fund. Management?s Response: All monthly payments have been made as required and in a timely manner. Management will setup the two separate funds to clearly show the transfers have been made effective immediately.
Show full finding ▾Hide full finding ▴2021-002 Rural Development Debt Service Fund Transfers Were Not Made Condition: Monthly transfers to fund the debt service fund and the reserve fund were not made. Criteria: Per the terms and conditions of the debt issuance, a monthly transfer from the operating account into a debt service fund and into a reserve fund are required. Cause: Although the payment for debt service is automatically drafted, Management did not separate the monthly transfer into an isolated account. Effect: Without the required separate funds, management cannot show compliance with funding the reserve or debt service fund. Management?s Response: All monthly payments have been made as required and in a timely manner. Management will setup the two separate funds to clearly show the transfers have been made effective immediately.
Management?s Response: All monthly payments have been made as required and in a timely manner. Management will setup the two separate funds to clearly show the transfers have been made effective immediately.
FAC accepted this audit on February 26, 2023 — management decision was due August 26, 2023.
Monthly transfers to fund the debt service fund and the reserve fund were not made. Criteria: Per the terms and conditions of the debt issuance, a monthly transfer from the operating account into a debt service fund and into a reserve fund are required. Cause: Although the payment for debt service is automatically drafted, Management did not separate the monthly transfer into an isolated account. Effect: Without the required separate funds, management cannot show compliance with funding the reserve or debt service fund. Management?s Response: All monthly payments have been made as required and in a timely manner. Management will setup the two separate funds to clearly show the transfers have been made effective immediately.
Show full finding ▾Hide full finding ▴2021-002 Rural Development Debt Service Fund Transfers Were Not Made Condition: Monthly transfers to fund the debt service fund and the reserve fund were not made. Criteria: Per the terms and conditions of the debt issuance, a monthly transfer from the operating account into a debt service fund and into a reserve fund are required. Cause: Although the payment for debt service is automatically drafted, Management did not separate the monthly transfer into an isolated account. Effect: Without the required separate funds, management cannot show compliance with funding the reserve or debt service fund. Management?s Response: All monthly payments have been made as required and in a timely manner. Management will setup the two separate funds to clearly show the transfers have been made effective immediately.
Management?s Response: All monthly payments have been made as required and in a timely manner. Management will setup the two separate funds to clearly show the transfers have been made effective immediately.
FAC accepted this audit on September 1, 2020 — management decision was due March 1, 2021.
FAC accepted this audit on June 26, 2019 — management decision was due December 26, 2019.
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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