IMPACT DEVELOPMENT FUND: Single Audit Reports and Findings

IMPACT DEVELOPMENT FUND filed 8 single audits between 2016 and 2025; the most recently observed auditor is Armanino (2025), and the 2025 report lists 0 findings. Data as of 2026-09-16.

Data as of Sep 16, 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; IMPACT DEVELOPMENT FUND is recorded in LOVELAND, Colorado under EIN 841505466, and the Clearinghouse records it as a nonprofit.

Single audits filed by IMPACT DEVELOPMENT FUND
Audit yearFiscal year endFederal expendedThreshold appliedAuditor observedFindingsMW / SDFAC report
20252025-12-31$11,141,420$1,000,000Armanino02025-12-GSAFAC-0000417132
20242024-12-31$9,824,177$750,000Armanino02024-12-GSAFAC-0000367322
20232023-12-31$8,010,861$750,000ARMANINO LLP02023-12-GSAFAC-0000040441
20222022-12-31$3,617,113$750,000ARMANINO LLP02022-12-CENSUS-0000216152
20212021-12-31$3,571,267$750,000ARMANINO LLP02021-12-CENSUS-0000216152
20202020-12-31$3,152,972$750,000KUNDINGER, CORDER & ENGLE, P.C.02020-12-CENSUS-0000216152
20192019-12-31$2,524,349$750,000KUNDINGER, CORDER & ENGLE, P.C.02019-12-CENSUS-0000216152
20162016-12-31$1,137,754$750,000KUNDINGER, CORDER & ENGLE, P.C.02016-12-CENSUS-0000216152

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
21.011CAPITAL MAGNET FUND$5,851,414Yes
21.011CAPITAL MAGNET FUND$1,501,390Yes
21.020COMMUNITY DEVELOPMENT FINANCIAL INSTITUTIONS PROGRAM$1,250,000No
21.020COMMUNITY DEVELOPMENT FINANCIAL INSTITUTIONS PROGRAM$1,137,754No
21.020COMMUNITY DEVELOPMENT FINANCIAL INSTITUTIONS PROGRAM$611,500No
21.033COMMUNITY DEVELOPMENT FINANCIAL INSTITUTIONS FUND EQUITABLE RECOVERY PROGRAM (CDFI ERP)$470,862No
21.020COMMUNITY DEVELOPMENT FINANCIAL INSTITUTIONS PROGRAM$318,500No

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 2024-12
Total revenue
$35,219,885
Total assets
$152,478,404
Accounting fees (Part IX line 11c)
$48,000
Paid preparer
ARMANINO ADVISORY LLC
IRS object id
202503189349308435
NTEE code
L120
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 IMPACT DEVELOPMENT FUND 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. “IMPACT DEVELOPMENT FUND Single Audits and Findings (CO).” https://getauditradar.com/single-audits/co/impact-development-fund-841505466/. Data as of 2026-09-16.

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