PUBLIC EQUITY: Single Audit Reports and Findings
PUBLIC EQUITY filed 2 single audits between 2023 and 2024; the most recently observed auditor is Lafayette Linear, CPA, LLC (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; PUBLIC EQUITY is recorded in HOMEWOOD, Illinois under EIN 842537927, 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 | $2,129,156 | $75,000 | Lafayette Linear, CPA, LLC | 0 | — | 2024-12-GSAFAC-0000399806 |
| 2023 | 2023-12-31 | $1,408,210 | $750,000 | Lafayette Linear, CPA, LLC | 0 | — | 2023-12-GSAFAC-0000354830 |
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 |
|---|---|---|---|
| 21.528 | AMERICAN RECOVERY AND REINVESTMENT | $1,324,962 | Yes |
| 21.027 | CORONAVIRUS STATE AND LOCAL FISCAL RECOVERY FUNDS | $316,100 | No |
| 21.027 | CORONAVIRUS STATE AND LOCAL FISCAL RECOVERY FUNDS | $267,779 | No |
| 21.027 | CORONAVIRUS STATE AND LOCAL FISCAL RECOVERY FUNDS | $170,106 | No |
| 21.027 | CORONAVIRUS STATE AND LOCAL FISCAL RECOVERY FUNDS | $50,209 | 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.
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
- $2,339,331
- Total assets
- $412,093
- Accounting fees (Part IX line 11c)
- $13,900
- Paid preparer
- OSAGHAE & ASSOCIATES LTD CPAs
- IRS object id
- 202610729349301201
- NTEE code
- I20
- Exempt under
- 501(c)(3)
- Ruling year
- 2020
- BMF release
- 2026-09-17
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 PUBLIC EQUITY 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. “PUBLIC EQUITY Single Audits and Findings (IL).” https://getauditradar.com/single-audits/il/public-equity-842537927/. Data as of 2026-09-18.