Texas · Nonprofit · under $2M in federal spending
Austin, TX
The FY2025 single audit reports no findings. Audits on file for FY2023–FY2025: FY2023, FY2024, FY2025.
The sum of eight parts, each read from the audit. How the score works.
| Part | Rule | Points | Max |
|---|---|---|---|
| Material weaknesses | 8 points each | 0 | 24 |
| Significant deficiencies | 3 points each | 0 | 9 |
| Repeat findings | 5 points each | 0 | 15 |
| Longest repeat chain | 2 years 3, 3 years 6, 4 years 9, 5+ years 12 | 0 | 12 |
| Modified major-program opinions | qualified 8 each; any adverse or disclaimer 15 | 0 | 15 |
| Questioned costs | known amount of $25,000 or more, by share and dollars | 0 | 15 |
| Going concern | auditor included a going-concern paragraph | 0 | 5 |
| Prior-year lateness | prior-year audit late or not filed, scored only with a finding | 0 | 5 |
| Score | 0 | 100 |
$1,796,119 in federal awards spent, across 1 program. Largest funding agencies:
| Agency | Spent |
|---|---|
| Department of Housing and Urban Development | $1,796,119 |
No findings reported.
repeat findingquestioned costsother findings
PROJECT FUNDS WERE USED TO PAY EXPENSES OF ANOTHER PROJECT.
other findings
The regulatory agreement requires the project to deposit "surplus cash" into a Residual Reciepts account with 90 days after the end of the fiscal year.
questioned costsother findings
Project funds may be used only for expenses that are reasonable and necessary to the operatioin of the project as provided for in the Regulatory Agreement between HUD and the project owner.