Does a Georgia Nonprofit Need an Audit?
Georgia requires a charitable organization that received or collected more than $1,000,000 during its preceding fiscal year to submit with its registration a certified financial statement prepared by an independent certified public accountant in accordance with generally accepted accounting principles.
Data as of Sep 21, 2026 · Source: Federal Audit Clearinghouse (public data)
Does a Georgia nonprofit need an audit?
Georgia requires a charitable organization that received or collected more than $1,000,000 during its preceding fiscal year to submit with its registration a certified financial statement prepared by an independent certified public accountant in accordance with generally accepted accounting principles.
| Topic | Applies to | Rule | Threshold | Source | Last verified |
|---|---|---|---|---|---|
| State law | more than $1,000,000 received or collected during the preceding fiscal year | If the organization received or collected more than $1,000,000.00 during the preceding fiscal year, submit a certified financial statement prepared by an independent certified public accountant for that year, which is prepared in accordance with generally accepted accounting principles. Certified financial statement is defined under Rule 590-9-1-.01: ... financial statements, including a balance sheet, income statement, and statement of cash flows, or the equivalent in the case of a not-for-profit entity, and all notes to the financial statements, audited by an independent certified public accountant in accordance with generally accepted auditing standards. | $1,000,000 | Georgia Secretary of State, How-To Guide: Charities (Internet Archive snapshot 2026-01-30) | Last verified: 2026-09-21 |
Common questions
Does a Georgia nonprofit need an audit?
Georgia requires a charitable organization that received or collected more than $1,000,000 during its preceding fiscal year to submit with its registration a certified financial statement prepared by an independent certified public accountant in accordance with generally accepted accounting principles.
How does this differ from the federal single audit?
The federal single audit applies when a nonprofit spends $1,000,000 or more in federal awards in a fiscal year beginning on or after October 1, 2024 ($750,000 for earlier fiscal years). State rules are separate and are listed on this page.