St. George's Senior Housing, Inc.: single-audit findings

St. George's Senior Housing, Inc.

Austin, TX

The FY2023 single audit reports 1 finding: 1 material weakness, 1 repeat, 1 with questioned costs.

No FY2024 single audit on file as of October 30, 2026. For the fiscal year ending September 30, 2024, it was due June 30, 2025, 487 days earlier. It is expected because the FY2023 audit reported $814,767 in federal spending; an organization whose federal spending fell below the threshold would not need one.

Score: 16 of 100 (FY2023 audit)

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

Part	Rule	Points	Max
Material weaknesses	8 points each	8	24
Significant deficiencies	3 points each	0	9
Repeat findings	5 points each	5	15
Longest repeat chain	2 years 3, 3 years 6, 4 years 9, 5+ years 12	3	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		16	100

Federal funding, FY2023

$814,767 in federal awards spent, across 3 programs. Largest funding agencies:

Agency	Spent
Department of Housing and Urban Development	$814,767

FY2023 audit

FAC record: 2023-09-GSAFAC-0000020732
Fiscal year end: September 30, 2023
Accepted by FAC: June 30, 2024
Federal spending: $814,767 · 3 programs
Major programs: 2
Questioned costs: $2,941 known
Score: 16 of 100

Finding 2023-001

material weaknessrepeat findingquestioned costs

Program: SECTION 8 HOUSING ASSISTANCE PAYMENTS PROGRAM (14.195); SUPPORTIVE HOUSING FOR THE ELDERLY (14.157)
Compliance requirement: Cash management
Repeat: Chain of 2 audit years; prior finding 2022-001
Questioned costs: $2,941 (known)
FAC record: FY2023 audit on fac.gov

Finding text from the filing

Finding #2023-001: Section 202 Supportive Housing for the Elderly, Assistance Listing 14.157 and Section 8 Housing Assistance Payments Program, Assistance Listing 14.195 Type of Finding: Material Weakness Condition: The Company did not make the correct monthly deposit amount to the replacement reserve for 10 months and the Company did not obtain HUD’s approval for a withdrawal from the replacement reserve account. Criteria: The HUD regulatory agreement requires monthly deposits into the replacement reserve account and requires HUD’s approval for any withdrawals from the replacement reserve. Questioned cost: $2,941 Effect: Replacement reserve account is underfunded and the Company is in violation of its Regulatory Agreement. Cause: Oversight Repeat Finding: Yes Recommendation: 2023-001a: The Company should closely monitor the replacement reserve account to ensure compliance with the Regulatory Agreement. 2023-001b: We recommend the Company deposit $2,941 into the replacement reserve account. Management’s View: Management is in agreement with the finding. The corrective action plan is included in the audit report. Auditor’s Comment: On December 19, 2023, the Company deposited $2,941 into the replacement reserve account. Finding #2023-001 cleared.