Single audits filed with the Federal Audit Clearinghouse
$34.9M in federal awards expended in FY2025
Year
Federal $ expended
Auditor
Opinion
Flags
2025
$34.9M
Mauldin & Jenkins, LLC
Unmodified (clean)
Material weakness
2024
$14.3M
Banks, Finley, White & Co.
Unmodified (clean)
2023
$24.3M
Banks, Finley, White & Co.
Unmodified (clean)
2022
$22.5M
Banks, Finley, White & CO
Unmodified (clean)
Federal Programs
Top programs · FY2025
Program
Agency
Expended
Major program
Findings
Community Facilities Loans and Grants
USDA
$9.3M
Yes
0
Community Facilities Loans and Grants
USDA
$6.4M
Yes
0
Federal Direct Student Loans
Education
$4.8M
No
0
Federal PELL Grant Program
Education
$3.1M
No
0
Community Facilities Loans and Grants
USDA
$2.9M
Yes
0
Community Facilities Loans and Grants
USDA
$2.8M
Yes
0
Higher Education Institutional Aid
Education
$2.5M
Yes
1
Community Facilities Loans and Grants
USDA
$1.5M
Yes
0
National Institute of Standards and Technology Construction Grant Program
Commerce
$656K
No
0
Federal Supplemental Educational Opportunity Grants
Education
$315K
No
0
Audit Findings
FY2025 · auditor's own text
2025-003Procurement & suspensionMaterial weakness
Federal Program: Higher Education Institutional Aid (Title III)
Assistance Listing Number: 84.031
Compliance Requirement: Procurement, Suspension and Debarment
Criteria: Per 2 CFR § 180.220 and 2 CFR § 200.318, non-federal entities are required to have written procurement
policie…
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).