Federal Audit History
Single audits filed with the Federal Audit Clearinghouse$11.9M in federal awards expended in FY2025
| Year | Federal $ expended | Auditor | Opinion | Flags |
|---|
| 2025 | $11.9M | Phillips CPAs and Advisors | Unmodified (clean) | Low-risk auditee |
| 2024 | $11.7M | Phillips CPAs and Advisors | Unmodified (clean) | Low-risk auditee |
| 2023 | $10.9M | Phillips CPAs and Advisors | Unmodified (clean) | Low-risk auditee |
| 2022 | $11.1M | Phillips CPAS and Advisors | Unmodified (clean) | Low-risk auditee |
Federal Programs
Top programs · FY2025| Program | Agency | Expended | Major program | Findings |
|---|
| Economic Adjustment Assistance | Commerce | $2.9M | No | 0 |
| Microloan Program | SBA | $2.9M | No | 0 |
| Appalachian Regional Development (see Individual Appalachian Programs) | ARC | $1.6M | Yes | 0 |
| Intermediary Relending Program | USDA | $1.1M | Yes | 0 |
| Community Development Financial Institutions Program | Treasury | $856K | Yes | 0 |
| Rural Microentrepreneur Assistance Program | USDA | $527K | No | 0 |
| Appalachian AREA Development | ARC | $389K | No | 0 |
| MBDA Specialty Center Program | Commerce | $379K | No | 0 |
| Community Development Financial Institutions Fund Equitable Recovery Program (cdfi Erp) | Treasury | $339K | No | 0 |
| Microloan Program | SBA | $307K | No | 0 |
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).