Federal Audit History
Single audits filed with the Federal Audit Clearinghouse$3.0M in federal awards expended in FY2025
| Year | Federal $ expended | Auditor | Opinion | Flags |
|---|
| 2025 | $3.0M | Mauldin & Jenkins | Unmodified (clean) | Low-risk auditee |
| 2024 | $4.1M | Romeo, Wiggins & Company, L.L.P. | Unmodified (clean) | Low-risk auditee |
| 2023 | $10.7M | Romeo, Wiggins & Company, L.L.P. | Unmodified (clean) | Low-risk auditee |
| 2022 | $6.5M | Romeo, Wiggins & Company, LLP | Unmodified (clean) | Low-risk auditee |
Federal Programs
Top programs · FY2025| Program | Agency | Expended | Major program | Findings |
|---|
| Intermediary Relending Program | USDA | $1.5M | No | 0 |
| Rural Microentrepreneur Assistance Program | USDA | $841K | Yes | 0 |
| Intermediary Loan Program | SBA | $470K | No | 0 |
| Women's Business Ownership Assistance | SBA | $119K | No | 0 |
| Community Development Block Grants/entitlement Grants via City of Ashville | HUD | $110K | No | 0 |
| Minority Business Resource Development | Commerce | $39K | No | 0 |
| Rural Microentrepreneur Assistance Program | USDA | $11K | Yes | 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).