Federal Audit History
Single audits filed with the Federal Audit Clearinghouse$10.3M in federal awards expended in FY2025
| Year | Federal $ expended | Auditor | Opinion | Flags |
|---|
| 2025 | $10.3M | Ncheng LLP | Unmodified (clean) | Low-risk auditee |
| 2024 | $7.8M | NCheng LLP | Unmodified (clean) | Low-risk auditee |
| 2023 | $8.2M | NCheng LLP | Unmodified (clean) | Low-risk auditee |
| 2022 | $8.7M | Ncheng LLP | Unmodified (clean) | Low-risk auditee |
Federal Programs
Top programs · FY2025| Program | Agency | Expended | Major program | Findings |
|---|
| Community Development Financial Institutions Fund Equitable Recovery Program (cdfi Erp) | Treasury | $3.0M | Yes | 0 |
| Microloan Program | SBA | $2.8M | No | 0 |
| Economic Adjustment Assistance | Commerce | $1.9M | No | 0 |
| MBDA Capital Readiness Program | Commerce | $908K | Yes | 0 |
| Microloan Program | SBA | $509K | No | 0 |
| Refugee and Entrant Assistance Discretionary Grants | HHS | $432K | No | 0 |
| MBDA Business Center Program | Commerce | $415K | No | 0 |
| Women's Business Ownership Assistance | SBA | $296K | No | 0 |
| Prime Technical Assistance | SBA | $64K | No | 0 |
| State Small Business Credit Initiative Technical Assistance Grant Program via New York State Urban Development Corporation | Treasury | $56K | No | 0 |
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).