Nonpartisan civic infrastructure
AllCiv·Legis1
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Local Initiatives Support Corporation

Public charityFed auditsIRS 990
DBA: % LILY LIM
Community Development · NEW YORK, NY · EIN 13-3030229

Federal Audit History

Single audits filed with the Federal Audit Clearinghouse
$167.8M in federal awards expended in FY2025
YearFederal $ expendedAuditorOpinionFlags
2025$167.8MCohnreznick LLPUnmodified (clean)Low-risk auditee
2024$170.0MCohnreznick LLPUnmodified (clean)Low-risk auditee
2023$210.8MCohnreznick LLPUnmodified (clean)Low-risk auditee
2022$147.6MCohnreznick LLPUnmodified (clean)Low-risk auditee

Federal Programs

Top programs · FY2025
ProgramAgencyExpendedMajor programFindings
Credit Enhancement for Charter School FacilitiesEducation$63.6MYes0
Community Development Financial Institutions BOND Guarantee ProgramTreasury$38.0MNo0
Section 4 Capacity Building for Community Development and Affordable HousingHUD$12.8MNo0
Capital Magnet FundTreasury$7.0MYes0
Capital Magnet FundTreasury$5.7MYes0
Coronavirus State and Local Fiscal Recovery Funds
via State of Connecticut
Treasury$4.8MNo0
Coronavirus State and Local Fiscal Recovery Funds
via Ohio Department of Development
Treasury$4.6MNo0
Americorps State and National 94.006AmeriCorps$2.6MNo0
Community Compass Technical Assistance and Capacity BuildingHUD$2.4MNo0
Reentry Employment OpportunitiesLabor$2.2MNo0
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).