I&F INCORPORATED NFP: Single Audit Reports and Findings
I&F INCORPORATED NFP filed 2 single audits between 2023 and 2024; the most recently observed auditor is RINGOLD FINANCIAL MANAGEMENT SERVICES (2024), and the 2024 report lists 60 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; I&F INCORPORATED NFP is recorded in MATTESON, Illinois under EIN 874280749, and the Clearinghouse records it as a nonprofit.
| Audit year | Fiscal year end | Federal expended | Threshold applied | Auditor observed | Findings | MW / SD | FAC report |
|---|---|---|---|---|---|---|---|
| 2024 | 2024-12-31 | $2,450,458 | $750,000 | RINGOLD FINANCIAL MANAGEMENT SERVICES | 60 | MW / SD | 2024-12-GSAFAC-0000426219 |
| 2023 | 2023-12-31 | $1,073,167 | $750,000 | ICL, LLC | 1 | MW | 2023-12-GSAFAC-0000350980 |
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 |
|---|---|---|---|
| 21.027 | Coronavirus State and Local Fiscal Recovery Funds | $506,760 | Yes |
| 21.027 | Coronavirus State and Local Fiscal Recovery Funds | $492,677 | Yes |
| 21.027 | Coronavirus State and Local Fiscal Recovery Funds | $208,402 | Yes |
| 21.027 | Coronavirus State and Local Fiscal Recovery Funds | $201,505 | Yes |
| 21.027 | Coronavirus State and Local Fiscal Recovery Funds | $169,996 | Yes |
| 21.027 | Coronavirus State and Local Fiscal Recovery Funds | $164,113 | Yes |
| 21.027 | Coronavirus State and Local Fiscal Recovery Funds | $148,431 | Yes |
| 21.027 | Coronavirus State and Local Fiscal Recovery Funds | $139,115 | Yes |
| 21.027 | Coronavirus State and Local Fiscal Recovery Funds | $118,857 | Yes |
| 21.027 | Coronavirus State and Local Fiscal Recovery Funds | $106,924 | Yes |
| 21.027 | Coronavirus State and Local Fiscal Recovery Funds | $100,696 | Yes |
| 21.027 | Coronavirus State and Local Fiscal Recovery Funds | $92,982 | Yes |
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 | L | Other | No |
| 2024-005 | L | Other | No |
| 2024-006 | L | Other | No |
| 2024-007 | B | Significant deficiency / Questioned costs | No |
| 2024-008 | B | Material weakness / Questioned costs | Yes |
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 2023-12
- Accounting fees (Part IX line 11c)
- $0
- Paid preparer
- ICL LLC
- IRS object id
- 202530879349300628
Read next
- CPA firms that audit Illinois nonprofits
- Illinois single audit statistics
- Illinois 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 I&F INCORPORATED NFP 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. “I&F INCORPORATED NFP Single Audits and Findings (IL).” https://getauditradar.com/single-audits/il/i-and-f-incorporated-nfp-874280749/. Data as of 2026-09-18.