Facility Evaluation Report

On this day with Licensing Program Analyst (LPA) Rose Ruppert met with Licensee Maria Manimbo for the purpose of conducting a case management deficiency visit regarding complaint control number 22-AS-20250805140648. During the investigation the following deficiencies were observed:

A solvency audit was conducted of the facility finances for the period of July 2024 to June 2025. Per the review, the Licensee’s net profit did not take into account salary and wages in cash to the employee and was therefore determined to be unreliable. Review of the Operating costs determined the licensee did not maintain sufficient cash reserves to cover any unforeseen expense for all twelve months reviewed.

The Department reviewed the Balance Sheet (LIC 403) for June 2025. Per review, $83.99 cash was in the financial institution and $11,450 was reported in current assets. The current assets reported were personal valuables, which the Department is unable to verify. The LIC 403 Balance Sheet listed $8,420.19 in liabilities. The balance sheet analysis shows that the working capital available for June 2025 is $83.99 in assets minus $8420.19 in liabilities with a working capital loss of -$8,336.18. Negative working capital indicates a company does not have enough current assets to cover short-term financial obligations.

Bank statements were obtained for the period of July 2024 through June 2025. Per review of facility finances, withdrawals exceeded deposits by $6,361.82 in July 2024, and $9,495.47 in June 2025. In addition, it was determined the Licensee did not have a separate business account and has comingled funds with their personal bank funds. In September 2024 and June 2025, there was a negative ending balance, which indicates the facility did not have enough funds to cover its expenses.