Independence Apartments, Inc.: Single Audit Reports and Findings

Independence Apartments, Inc. filed 9 single audits between 2016 and 2024; the most recently observed auditor is FLEET FIRM (2024), and the 2024 report lists 0 findings. Data as of 2026-09-18.

Data as of Sep 18, 2026 · Source: Federal Audit Clearinghouse (public data)

Single audits by year

One row per audit year as the Federal Audit Clearinghouse accepted it. The auditor named is the one observed on that filing; Independence Apartments, Inc. is recorded in MALVERN, Arkansas under EIN 311644449, and the Clearinghouse records it as a nonprofit.

Single audits filed by Independence Apartments, Inc.
Audit yearFiscal year endFederal expendedThreshold appliedAuditor observedFindingsMW / SDFAC report
20242024-06-30$986,622$750,000FLEET FIRM02024-06-GSAFAC-0000067977
20232023-06-30$988,222$750,000FLEET FIRM02023-06-GSAFAC-0000017989
20222022-06-30$990,188$750,000FLEET FIRM02022-06-CENSUS-0000218653
20212021-06-30$988,921$750,000FLEET FIRM02021-06-CENSUS-0000218653
20202020-06-30$971,988$750,000FLEET FIRM02020-06-CENSUS-0000218653
20192019-06-30$945,661$750,000KPM CPAS, PC02019-06-CENSUS-0000218653
20182018-06-30$942,796$750,000KPM CPAS, PC02018-06-CENSUS-0000218653
20172017-06-30$944,693$750,000KPM CPAS, PC12017-06-CENSUS-0000218653
20162016-06-30$944,183$750,000KPM CPAS, PC12016-06-CENSUS-0000218653

Which federal programs did this organization report?

From the most recent accepted report. "Major" is the designation the auditor made under 2 CFR 200.518, not ours.

Federal programs on the most recent report
ALNProgramExpendedMajor
14.181SUPPORTIVE HOUSING FOR PERSONS WITH DISABILITIES$919,200Yes
14.181SUPPORTIVE HOUSING FOR PERSONS WITH DISABILITIES$67,422No

What findings did the auditor report?

The reference and the requirement letter are the ones the auditor used. The finding text itself is not reproduced here; the FAC report linked above carries it in full.

The most recent report lists no finding.

Form 990 and IRS registration

Form 990 "accounting fees" (Part IX line 11c) cover all accounting services reported by the organization and are not the price of an audit engagement.

Most recent return
990 for 2025-06
Total revenue
$126,982
Total assets
$485,384
Accounting fees (Part IX line 11c)
$9,789
Paid preparer
FLEET FIRM
IRS object id
202522679349301517
NTEE code
L20
Exempt under
501(c)(3)
Ruling year
1999
BMF release
2026-09-17

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How we computed this

Every row comes from the Federal Audit Clearinghouse record named beside it, one report per audit year, with a resubmission superseding the filing it replaces. The auditor is the one named on that filing — it is not a statement about who audits Independence Apartments, Inc. now. Form 990 figures come from the IRS e-filed return named by its object id. This page exists because the organization filed at least two single audits, or one with a finding.

Cite this page

AuditRadar. “Independence Apartments, Inc. Single Audits and Findings (AR).” https://getauditradar.com/single-audits/ar/independence-apartments-inc-311644449/. Data as of 2026-09-18.

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