Single audits filed with the Federal Audit Clearinghouse
$6.4M in federal awards expended in FY2023
Year
Federal $ expended
Auditor
Opinion
Flags
2023
$6.4M
BDO Usa, PC
Unmodified (clean)
Going concern
2022
$9.9M
BDO Usa, PC
Unmodified (clean)
Going concernLow-risk auditee
Federal Programs
Top programs · FY2023
Program
Agency
Expended
Major program
Findings
Federal Direct Student Loans
Education
$4.8M
Yes
4
Federal Direct Student Loans
Education
$4.8M
Yes
4
Federal PELL Grant Program
Education
$1.2M
Yes
3
Federal PELL Grant Program
Education
$1.2M
Yes
3
Fund for the Improvement of Postsecondary Education
Education
$151K
No
0
Fund for the Improvement of Postsecondary Education
Education
$151K
No
0
Federal Work-Study Program
Education
$151K
Yes
2
Federal Work-Study Program
Education
$151K
Yes
2
Federal Supplemental Educational Opportunity Grants
Education
$104K
Yes
3
Federal Supplemental Educational Opportunity Grants
Education
$104K
Yes
3
Audit Findings
FY2023 · auditor's own text
2023-005Reporting
Federal Program Information: Student Financial Assistance Cluster (ALN: Various)
Criteria or Specific Requirement: L. Special Reporting – Fiscal Operations Report and Application to Participate (“FISAP”) - An institution is required to submit the FISAP annually by October 1st, …
2023-005Reporting
Federal Program Information: Student Financial Assistance Cluster (ALN: Various)
Criteria or Specific Requirement: L. Special Reporting – Fiscal Operations Report and Application to Participate (“FISAP”) - An institution is required to submit the FISAP annually by October 1st, …
2023-002Cash management
Federal Program Information: Federal Supplemental Educational Opportunity Grants (ALN 84.007), Federal Direct Student Loans (ALN 84.268)
Criteria or Specific Requirement: Cash Management - Institutions are permitted to draw down Title IV funds prior to disbursing funds to eligi…
2023-005Reporting
Federal Program Information: Student Financial Assistance Cluster (ALN: Various)
Criteria or Specific Requirement: L. Special Reporting – Fiscal Operations Report and Application to Participate (“FISAP”) - An institution is required to submit the FISAP annually by October 1st, …
2023-005Reporting
Federal Program Information: Student Financial Assistance Cluster (ALN: Various)
Criteria or Specific Requirement: L. Special Reporting – Fiscal Operations Report and Application to Participate (“FISAP”) - An institution is required to submit the FISAP annually by October 1st, …
2023-004ReportingMaterial weakness
Federal Program Information: Student Financial Assistance Cluster (ALN: Various)
Criteria or Specific Requirement: In accordance with 2 CFR 200.512(a)(1), an institution’s audit must be completed and its data collection form and reporting package must be submitted within the ea…
2023-004ReportingMaterial weakness
Federal Program Information: Student Financial Assistance Cluster (ALN: Various)
Criteria or Specific Requirement: In accordance with 2 CFR 200.512(a)(1), an institution’s audit must be completed and its data collection form and reporting package must be submitted within the ea…
2023-004ReportingMaterial weakness
Federal Program Information: Student Financial Assistance Cluster (ALN: Various)
Criteria or Specific Requirement: In accordance with 2 CFR 200.512(a)(1), an institution’s audit must be completed and its data collection form and reporting package must be submitted within the ea…
2023-002Cash management
Federal Program Information: Federal Supplemental Educational Opportunity Grants (ALN 84.007), Federal Direct Student Loans (ALN 84.268)
Criteria or Specific Requirement: Cash Management - Institutions are permitted to draw down Title IV funds prior to disbursing funds to eligi…
Federal Program Information: Federal Pell Grant Program (ALN 84.063), Federal Direct Student Loans (ALN 84.268)
Criteria or Specific Requirement: N. Special Tests and Provisions – Enrollment Reporting – Institutions are required to report enrollment information under the Pell g…
2023-005Reporting
Federal Program Information: Student Financial Assistance Cluster (ALN: Various)
Criteria or Specific Requirement: L. Special Reporting – Fiscal Operations Report and Application to Participate (“FISAP”) - An institution is required to submit the FISAP annually by October 1st, …
2023-005Reporting
Federal Program Information: Student Financial Assistance Cluster (ALN: Various)
Criteria or Specific Requirement: L. Special Reporting – Fiscal Operations Report and Application to Participate (“FISAP”) - An institution is required to submit the FISAP annually by October 1st, …
Federal Program Information: Federal Pell Grant Program (ALN 84.063), Federal Direct Student Loans (ALN 84.268)
Criteria or Specific Requirement: N. Special Tests and Provisions – Enrollment Reporting – Institutions are required to report enrollment information under the Pell g…
2023-004ReportingMaterial weakness
Federal Program Information: Student Financial Assistance Cluster (ALN: Various)
Criteria or Specific Requirement: In accordance with 2 CFR 200.512(a)(1), an institution’s audit must be completed and its data collection form and reporting package must be submitted within the ea…
2023-005Reporting
Federal Program Information: Student Financial Assistance Cluster (ALN: Various)
Criteria or Specific Requirement: L. Special Reporting – Fiscal Operations Report and Application to Participate (“FISAP”) - An institution is required to submit the FISAP annually by October 1st, …
2023-004ReportingMaterial weakness
Federal Program Information: Student Financial Assistance Cluster (ALN: Various)
Criteria or Specific Requirement: In accordance with 2 CFR 200.512(a)(1), an institution’s audit must be completed and its data collection form and reporting package must be submitted within the ea…
2023-005Reporting
Federal Program Information: Student Financial Assistance Cluster (ALN: Various)
Criteria or Specific Requirement: L. Special Reporting – Fiscal Operations Report and Application to Participate (“FISAP”) - An institution is required to submit the FISAP annually by October 1st, …
2023-004ReportingMaterial weakness
Federal Program Information: Student Financial Assistance Cluster (ALN: Various)
Criteria or Specific Requirement: In accordance with 2 CFR 200.512(a)(1), an institution’s audit must be completed and its data collection form and reporting package must be submitted within the ea…
2023-002Cash management
Federal Program Information: Federal Supplemental Educational Opportunity Grants (ALN 84.007), Federal Direct Student Loans (ALN 84.268)
Criteria or Specific Requirement: Cash Management - Institutions are permitted to draw down Title IV funds prior to disbursing funds to eligi…
2023-005Reporting
Federal Program Information: Student Financial Assistance Cluster (ALN: Various)
Criteria or Specific Requirement: L. Special Reporting – Fiscal Operations Report and Application to Participate (“FISAP”) - An institution is required to submit the FISAP annually by October 1st, …
Federal Program Information: Federal Pell Grant Program (ALN 84.063), Federal Direct Student Loans (ALN 84.268)
Criteria or Specific Requirement: N. Special Tests and Provisions – Enrollment Reporting – Institutions are required to report enrollment information under the Pell g…
2023-004ReportingMaterial weakness
Federal Program Information: Student Financial Assistance Cluster (ALN: Various)
Criteria or Specific Requirement: In accordance with 2 CFR 200.512(a)(1), an institution’s audit must be completed and its data collection form and reporting package must be submitted within the ea…
2023-005Reporting
Federal Program Information: Student Financial Assistance Cluster (ALN: Various)
Criteria or Specific Requirement: L. Special Reporting – Fiscal Operations Report and Application to Participate (“FISAP”) - An institution is required to submit the FISAP annually by October 1st, …
2023-004ReportingMaterial weakness
Federal Program Information: Student Financial Assistance Cluster (ALN: Various)
Criteria or Specific Requirement: In accordance with 2 CFR 200.512(a)(1), an institution’s audit must be completed and its data collection form and reporting package must be submitted within the ea…
2023-002Cash management
Federal Program Information: Federal Supplemental Educational Opportunity Grants (ALN 84.007), Federal Direct Student Loans (ALN 84.268)
Criteria or Specific Requirement: Cash Management - Institutions are permitted to draw down Title IV funds prior to disbursing funds to eligi…
Source: Federal Audit Clearinghouse single audits (required of organizations expending $1,000,000+ in federal awards per year for fiscal years beginning on or after Oct 1, 2024; $750,000 before).