grantcheck

Colorado · Nonprofit · $2M-$10M in federal spending

CARE HOUSING INC.

Fort Collins, CO

The FY2024 single audit reports 1 finding: 1 material weakness.

Score: 21 of 100 (FY2024 audit)

The sum of eight parts, each read from the audit. How the score works.

PartRulePointsMax
Material weaknesses8 points each824
Significant deficiencies3 points each09
Repeat findings5 points each015
Longest repeat chain2 years 3, 3 years 6, 4 years 9, 5+ years 12012
Modified major-program opinionsqualified 8 each; any adverse or disclaimer 15815
Questioned costsknown amount of $25,000 or more, by share and dollars015
Going concernauditor included a going-concern paragraph05
Prior-year latenessprior-year audit late or not filed, scored only with a finding55
Score21100

Federal funding, FY2024

$3,322,300 in federal awards spent, across 1 program. Largest funding agencies:

AgencySpent
Department of the Treasury$3,322,300

FY2024 audit

FAC record
2024-12-GSAFAC-0000401808
Fiscal year end
December 31, 2024
Accepted by FAC
February 19, 2026; submitted 142 days after its due date (September 30, 2025)
Federal spending
$3,322,300 · 1 program
Major programs
1; qualified opinion on 1
Score
21 of 100

Finding 2024-003

material weaknessmodified opinion

Program
CORONAVIRUS STATE AND LOCAL FISCAL RECOVERY FUNDS (21.027)
Compliance requirement
Procurement and suspension and debarment
FAC record
FY2024 audit on fac.gov
Finding text from the filing

Department of the Treasury Federal Financial Assistance Listing/ALN 21.027 Coronavirus State and Local Fiscal Recovery Funds

Procurement, Suspension, and Debarment Material Noncompliance and Material Weakness in Internal Control over Compliance

Criteria – Uniform Guidance and 2 CFR sections 200.318 through 200.326 set forth the procurement standards non-federal entities other than states must follow when operating federal programs and the procurement policies required.

Condition – The Organization does not have a procurement policy that conforms to applicable standards under Uniform Guidance and 2 CFR sections 200.318 through 200.326. In addition, it was noted that there was no documentation to support suspension and debarment verification. Additionally, the Organization did not have proper procedures to ensure contracts include all required provisions.

Cause – The Organization did not have proper procedures to ensure a procurement policy in accordance with Uniform Guidance was followed and controls were not adequately designed to ensure compliance with all the requirements for procurement, suspension, and debarment.

Effect – The Organization did not comply with Uniform Guidance relating to Procurement.

Questioned Costs – None reported.

Context/Sampling – Overall procurement policy and two contracts out of a population of six total contracts.

Repeat Finding from Prior Year(s) – No

Recommendation – We recommend the Organization revise their procurement policy to follow Uniform Guidance and to follow those applicable procurement policies for applicable contracts. We also recommend the Organization review all contracts to ensure they include all required provisions as outlined by Uniform Guidance.

Views of Responsible Officials – There is no disagreement with the finding.