| Year | Federal $ expended | Auditor | Opinion | Flags |
|---|---|---|---|---|
| 2025 | $53.4M | RSM Us LLP | Unmodified (clean) | Low-risk auditee |
| 2024 | $68.4M | RSM Us LLP | Unmodified (clean) | Low-risk auditee |
| 2023 | $97.8M | RSM Us LLP | Unmodified (clean) | Low-risk auditee |
| 2022 | $57.5M | RSM Us LLP | Unmodified (clean) | Low-risk auditee |
| Program | Agency | Expended | Major program | Findings |
|---|---|---|---|---|
| Community Development Financial Institutions BOND Guarantee Program | Treasury | $18.0M | No | 0 |
| Credit Enhancement for Charter School Facilities | Education | $10.8M | No | 0 |
| Credit Enhancement for Charter School Facilities | Education | $9.6M | No | 0 |
| Capital Magnet Fund | Treasury | $5.0M | Yes | 0 |
| Capital Magnet Fund | Treasury | $5.0M | Yes | 0 |
| Credit Enhancement for Charter School Facilities via Low Income Investment Fund | Education | $2.3M | No | 0 |
| Capital Magnet Fund | Treasury | $2.0M | Yes | 0 |
| Economic Development Initiative, Community Project Funding, and Miscellaneous Grants via Enterprise Community Partners | HUD | $267K | Yes | 1 |
| Community Development Financial Institutions Fund Equitable Recovery Program (cdfi Erp) | Treasury | $165K | No | 0 |
| Community Development Block Grants/entitlement Grants via City of Detroit | HUD | $82K | No | 0 |