PHILANDER SMITH COLLEGE: Single Audit Reports and Findings
PHILANDER SMITH COLLEGE filed 9 single audits between 2016 and 2024; the most recently observed auditor is THE WESLEY PEACHTREE GROUP, CPA'S (2024), and the 2024 report lists 56 findings, including 1 material weakness. 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; PHILANDER SMITH COLLEGE is recorded in LITTLE ROCK, Arkansas under EIN 710239729, and the Clearinghouse records it as a higher education institution.
| Audit year | Fiscal year end | Federal expended | Threshold applied | Auditor observed | Findings | MW / SD | FAC report |
|---|---|---|---|---|---|---|---|
| 2024 | 2024-06-30 | $14,465,897 | $750,000 | THE WESLEY PEACHTREE GROUP, CPA'S | 56 | MW | 2024-06-GSAFAC-0000056974 |
| 2023 | 2023-06-30 | $15,039,289 | $750,000 | THE WESLEY PEACHTREE GROUP, CPA'S | 4 | MW | 2023-06-GSAFAC-0000037284 |
| 2022 | 2022-06-30 | $17,628,552 | $750,000 | CHERRY BEKAERT LLP | 3 | SD | 2022-06-CENSUS-0000097694 |
| 2021 | 2021-06-30 | $24,255,519 | $750,000 | CHERRY BEKAERT LLP | 14 | SD | 2021-06-CENSUS-0000097694 |
| 2020 | 2020-06-30 | $16,883,009 | $750,000 | CHERRY BEKAERT LLP | 9 | SD | 2020-06-CENSUS-0000097694 |
| 2019 | 2019-06-30 | $15,375,396 | $750,000 | CHERRY BEKAERT LLP | 15 | SD | 2019-06-CENSUS-0000097694 |
| 2018 | 2018-06-30 | $14,885,091 | $750,000 | CHERRY BEKAERT LLP | 5 | SD | 2018-06-CENSUS-0000097694 |
| 2017 | 2017-06-30 | $13,026,788 | $750,000 | CHERRY BEKAERT LLP | 6 | MW / SD | 2017-06-CENSUS-0000097694 |
| 2016 | 2016-06-30 | $10,477,640 | $750,000 | CHERRY BEKAERT LLP | 15 | MW / SD | 2016-06-CENSUS-0000097694 |
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.
| ALN | Program | Expended | Major |
|---|---|---|---|
| 84.268 | FEDERAL DIRECT STUDENT LOANS | $4,861,654 | Yes |
| 84.063 | FEDERAL PELL GRANT PROGRAM | $3,975,946 | Yes |
| 84.031 | HIGHER EDUCATION_INSTITUTIONAL AID | $2,958,221 | No |
| 11.028 | CONNECTING MINORITY COMMUNITIES PILOT PROGRAM | $1,279,416 | Yes |
| 84.031 | HIGHER EDUCATION_INSTITUTIONAL AID | $640,518 | No |
| 93.658 | FOSTER CARE_TITLE IV-E | $222,374 | No |
| 84.007 | FEDERAL SUPPLEMENTAL EDUCATIONAL OPPORTUNITY GRANTS | $146,410 | Yes |
| 84.184 | SAFE AND DRUG-FREE SCHOOLS AND COMMUNITIES_NATIONAL PROGRAMS | $97,937 | No |
| 47.076 | EDUCATION AND HUMAN RESOURCES | $49,977 | No |
| 47.083 | INTEGRATIVE ACTIVITIES | $43,377 | No |
| 47.083 | INTEGRATIVE ACTIVITIES | $42,400 | No |
| 93.307 | MINORITY HEALTH AND HEALTH DISPARITIES RESEARCH | $34,071 | No |
| 47.083 | INTEGRATIVE ACTIVITIES | $28,891 | No |
| 47.083 | INTEGRATIVE ACTIVITIES | $27,929 | No |
| 84.033 | FEDERAL WORK-STUDY PROGRAM | $21,362 | Yes |
| 12.903 | GENCYBER GRANTS PROGRAM | $16,783 | No |
| 11.307 | ECONOMIC ADJUSTMENT ASSISTANCE | $15,000 | No |
| 47.083 | INTEGRATIVE ACTIVITIES | $3,631 | No |
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.
| Reference | Requirement | Severity | Repeat |
|---|---|---|---|
| 2024-004 | CELN | Material weakness / Questioned costs | Yes |
| 2024-005 | CELN | Material weakness | Yes |
| 2024-006 | CELN | Material weakness | Yes |
| 2024-007 | CELN | Material weakness | No |
| 2024-008 | CELN | Material weakness | Yes |
| 2024-009 | CELN | Material weakness / Questioned costs | Yes |
| 2024-010 | CELN | Material weakness / Questioned costs | Yes |
| 2024-011 | CELN | Material weakness | No |
| 2024-012 | CELN | Material weakness | No |
| 2024-013 | CELN | Material weakness | No |
| 2024-014 | CELN | Material weakness | No |
| 2024-015 | CELN | Material weakness | No |
| 2024-016 | CELN | Material weakness / Questioned costs | No |
| 2024-017 | CELN | Material weakness / Questioned costs | No |
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.
- Total revenue
- $25,344,806
- Total assets
- $67,926,013
- NTEE code
- B420
- Exempt under
- 501(c)(3)
- Ruling year
- 1944
- BMF release
- 2026-09-17
Read next
- CPA firms that audit Arkansas nonprofits
- Arkansas single audit statistics
- Arkansas nonprofit audit requirements
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 PHILANDER SMITH COLLEGE 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. “PHILANDER SMITH COLLEGE Single Audits and Findings (AR).” https://getauditradar.com/single-audits/ar/philander-smith-college-710239729/. Data as of 2026-09-18.