Nonpartisan civic infrastructure

Initiative Foundation

Public charityFed auditsIRS 990990-T FY2023

Community Development · LITTLE FALLS, MN · EIN 36-3451562

Overview Money In Money Out People Connected Orgs Audits Positions Interview Endorsements

Federal Audit History

Single audits filed with the Federal Audit Clearinghouse

$1.3M in federal awards expended in FY2023

Year	Federal $ expended	Auditor	Opinion	Flags
2023	$1.3M	Schlenner Wenner & Co.	Unmodified (clean)	Low-risk auditee
2022	$2.8M	Schlenner Wenner & Co.	Unmodified (clean)	Low-risk auditee

Federal Programs

Top programs · FY2023

Program	Agency	Expended	Major program
Intermediary Relending Program	USDA	$746K	No
Intermediary Relending Program	USDA	$746K	No
Prime Technical Assistance	SBA	$260K	Yes
Prime Technical Assistance	SBA	$260K	Yes
Community Development Financial Institutions Rapid Response Program (cdfi Rrp)	Treasury	$221K	Yes
Community Development Financial Institutions Rapid Response Program (cdfi Rrp)	Treasury	$221K	Yes
Education Stabilization Fund via Minnesota Department of Education	Education	$79K	No
Education Stabilization Fund via Minnesota Department of Education	Education	$79K	No
Rural Business Development Grant via Rural Business-Cooperative Service	USDA	$6K	No
Rural Business Development Grant via Rural Business-Cooperative Service	USDA	$6K	No

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).