Federal Audit History
Single audits filed with the Federal Audit Clearinghouse$260.3M in federal awards expended in FY2025
| Year | Federal $ expended | Auditor | Opinion | Flags |
|---|
| 2025 | $260.3M | KPMG LLP | Unmodified (clean) | Low-risk auditee |
| 2024 | $195.6M | KPMG LLP | Unmodified (clean) | Low-risk auditee |
| 2023 | $193.3M | KPMG LLP | Unmodified (clean) | Low-risk auditee |
| 2022 | $197.6M | KPMG LLP | Unmodified (clean) | Low-risk auditee |
Federal Programs
Top programs · FY2025| Program | Agency | Expended | Major program | Findings |
|---|
| Federal Direct Student Loans | Education | $117.3M | Yes | 0 |
| Congressionally-Identified Projects | Commerce | $59.4M | No | 0 |
| Federal PELL Grant Program | Education | $28.3M | Yes | 0 |
| Medical Student Education | HHS | $4.7M | No | 0 |
| LUNG Diseases Research | HHS | $3.5M | Yes | 0 |
| STEM Education (formerly Education and Human Resources) | NSF | $2.8M | Yes | 0 |
| Basic and Applied Scientific Research | DoD | $2.5M | Yes | 0 |
| Department of Defense | DoD | $2.5M | Yes | 0 |
| National Bioterrorism Hospital Preparedness Program | HHS | $2.4M | No | 0 |
| Allergy and Infectious Diseases Research | HHS | $2.3M | Yes | 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).