EIN: 990308739
UEI: RTE9LX2HNM38
Management decision deadline — for entities that funded this organization
The FAC accepted this audit on July 8, 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 January 8, 2021, which was (2049 days ago).
What is a management decision? →2019-001 Completeness of Federal Expenditures Reported - Material Weakness Federal agency: Department of Housing and Urban Development CFDA No: 14.218 Program: Community Development Block Grants/ Entitlement Grants - Loans Criteria: The Uniform Guidance requires federal expenditures to be recorded properly and timely to ensure accuracy and completeness of the expenditure amounts reported on the Schedule of Expenditures of Federal Awards (SEFA). Condition:MHAH reported a total outstanding balance of $3,028,000 of federal awards for the Community Development Block Grants/ Entitlement Grants - Loans for the year ended December 31, 2019. During our testing of this program, we noted the following condition: ? $2,000,000 of the $3,028,000 was not reported as federal expenditures on the prior year?s SEFA. However, the $2,000,000 loan balance is properly recorded on MHAH?s consolidated financial statements. Cause: MHAH did not initially report the loans as federal expenditures on the SEFA in the year the loans were originated. This omission carried forward since that year. Effect: Federal expenditures related to the Community Development Block Grants/ Entitlement Grants - Loans were understated on the SEFA by $2,000,000 in prior years. Identification as a Repeat Finding, if applicable: Not applicable Recommendation MHAH should ensure that proper accounting procedures are being adhered to by personnel involved in the financial reporting process to ensure expenditures are reported in the proper period. Views of Responsible Officials and Planned Corrective Action MHAH agrees with the finding and the recommendation. See Part VI Corrective Action Plan.
2019-01 Community Development Block Grants / Entitlement Grants Loans - CFDA 14.218 Recommendation MHAH should ensure that proper accounting procedures are being adhered to by personnel involved in the financial reporting process to ensure expenditures are reported in the proper period. Action Taken: MHAH has implemented reviews for any grants received to determine if it is federally funded and have continuing compliance requirements. These grants will be reported on the Schedule of Expenditures of Federal Awards. Contact person: David Nakamura (808-550-0804) Anticipation Completion Date: Completed
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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