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Franklin College of Indiana

Public charityFed auditsIRS 990990-T FY2023
Other · FRANKLIN, IN · EIN 35-0868086

Federal Audit History

Single audits filed with the Federal Audit Clearinghouse
$10.3M in federal awards expended in FY2025
YearFederal $ expendedAuditorOpinionFlags
2025$10.3MCrowe LLPUnmodified (clean)Low-risk auditee
2024$10.5MCrowe LLPUnmodified (clean)Low-risk auditee
2023$11.0MCrowe LLPUnmodified (clean)Low-risk auditee
2022$13.2MCrowe LLPUnmodified (clean)Low-risk auditee

Federal Programs

Top programs · FY2025
ProgramAgencyExpendedMajor programFindings
Federal Direct Student LoansEducation$7.4MYes0
Federal PELL Grant ProgramEducation$2.2MYes0
Federal Perkins Loan Program_federal Capital ContributionsEducation$263KYes0
Federal Work-Study ProgramEducation$122KYes0
Federal Supplemental Educational Opportunity GrantsEducation$113KYes0
Substance Abuse and Mental Health Services Projects of Regional and National SignificanceAgency 92$69KNo0
Wildlife Restoration and Basic Hunter Education and Safety
via Indiana Department of Natural Resources
Interior$64KNo0
Wildlife Restoration and Basic Hunter Education and Safety
via Ball State University
Interior$12KNo0
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).