Nonpartisan civic infrastructure
AllCiv·Legis1
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Locus Impact Fund

Public charityFed auditsIRS 990
Community Development · CHRISTIANSBRG, VA · EIN 54-1754009

Federal Audit History

Single audits filed with the Federal Audit Clearinghouse
$9.5M in federal awards expended in FY2025
YearFederal $ expendedAuditorOpinionFlags
2025$9.5MBrown, Edwards & Company, LLPUnmodified (clean)Low-risk auditee
2024$4.8MBrown, Edwards & Company, LLPUnmodified (clean)
2023$2.5MBrown, Edwards & Company, LLPUnmodified (clean)Material weakness
2022$7.1MBrown, Edwards & Company, LLPUnmodified (clean)Material weakness

Federal Programs

Top programs · FY2025
ProgramAgencyExpendedMajor programFindings
Community Development Financial Institutions ProgramTreasury$3.9MYes0
Capital Magnet FundTreasury$2.8MNo0
Regional Food Business CentersUSDA$1.3MYes0
Community Development Financial Institutions Fund Equitable Recovery Program (cdfi Erp)Treasury$1.3MNo0
Small Business Development CentersSBA$159KNo0
Regional Food Business CentersUSDA$18KYes0
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).