Texas · Nonprofit · under $2M in federal spending
Sunset Hills Apartments, Inc.
Beaumont, TX
The FY2025 single audit reports no findings. Audits on file for FY2023–FY2025: FY2023, FY2024, FY2025.
Score: 0 of 100 (FY2025 audit)
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 |
Federal funding, FY2025
$1,768,059 in federal awards spent, across 4 programs. Largest funding agencies:
| Agency | Spent |
|---|
| Department of Housing and Urban Development | $1,768,059 |
FY2025 audit
- FAC record
- 2025-12-GSAFAC-0000416558
- Fiscal year end
- December 31, 2025
- Accepted by FAC
- April 24, 2026
- Federal spending
- $1,768,059 · 4 programs
- Major programs
- 1
- Score
- 0 of 100
No findings reported.
FY2024 audit
- FAC record
- 2024-12-GSAFAC-0000367214
- Fiscal year end
- December 31, 2024
- Accepted by FAC
- April 23, 2025
- Federal spending
- $1,750,018 · 4 programs
- Major programs
- 1
- Score
- 3 of 100
Finding 2024-001
significant deficiency
- Program
- OPERATING ASSISTANCE FOR TROUBLED MULTIFAMILY HOUSING PROJECTS (14.164)
- Compliance requirement
- Other
- FAC record
- FY2024 audit on fac.gov
Finding text from the filing
Finding No. 2024-1
Statement of Condition:
HUD requires that the financial statements be electronically submitted to HUD’s Real
Estate Assessment Center within 90 days of fiscal year- end.
Criteria:
The financial statements for the year ended December 31, 2023 were not filed
electronically with HUD’s Real Estate Assessment Center within 90 days of fiscal yearend.
Questioned Cost:
None.
Cause:
During a portion of the year ended December 31, 2023, the books were not kept complete
in a condition that easily permitted an audit and meet the HUD annual reporting
deadlines.
Effect:
Management is not in compliance with the requirement to timely submit the financial
statements to HUD’s Real Estate Assessment Center.
Recommendations:
Management should institute procedures to ensure that the financial statements are filed
with HUD’s Real Estate Assessment Center within 90 days of year-end.
Auditor Noncompliance Code:
Z – Other
Auditee’s Summary Comments:
Management agrees with the finding and will implement procedures to ensure the
financial statements are filed timely.
FY2023 audit
- FAC record
- 2023-12-GSAFAC-0000041637
- Fiscal year end
- December 31, 2023
- Accepted by FAC
- June 17, 2024
- Federal spending
- $1,744,633 · 4 programs
- Major programs
- 1
- Score
- 0 of 100
No findings reported.