The Colleges of Law: Single Audit Reports and Findings

The Colleges of Law filed 10 single audits between 2016 and 2025; the most recently observed auditor is RSM US LLP (2025), and the 2025 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; The Colleges of Law is recorded in CHICAGO, Illinois under EIN 952592468, and the Clearinghouse records it as a higher education institution.

Single audits filed by The Colleges of Law
Audit yearFiscal year endFederal expendedThreshold appliedAuditor observedFindingsMW / SDFAC report
20252025-05-31$8,907,889$750,000RSM US LLP02025-05-GSAFAC-0000387781
20242024-05-31$8,299,035$750,000RSM US LLP1SD2024-05-GSAFAC-0000068907
20232023-05-31$7,115,814$750,000RSM US LLP02023-05-GSAFAC-0000025473
20222022-05-31$7,234,381$750,000RSM US LLP02022-05-CENSUS-0000245459
20212021-05-31$6,825,469$750,000RSM US LLP32021-05-CENSUS-0000245459
20202020-05-31$5,712,927$750,000RSM US LLP02020-05-CENSUS-0000245459
20192019-05-31$4,115,813$750,000RSM US LLP1SD2019-05-CENSUS-0000245459
20182018-05-31$4,302,999$750,000RSM US LLP12018-05-CENSUS-0000245459
20172017-05-31$4,747,113$750,000RSM US LLP12017-05-CENSUS-0000245459
20162016-05-31$2,055,835$750,000RSM US LLP12016-05-CENSUS-0000245459

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
84.268FEDERAL DIRECT STUDENT LOANS$8,847,143Yes
84.033FEDERAL WORK-STUDY PROGRAM$41,319Yes
84.063FEDERAL PELL GRANT PROGRAM$19,427Yes

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.

Total revenue
$7,781,540
Total assets
$13,147,764
Exempt under
501(c)(3)
Ruling year
1970
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 The Colleges of Law 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. “The Colleges of Law Single Audits and Findings (IL).” https://getauditradar.com/single-audits/il/the-colleges-of-law-952592468/. Data as of 2026-09-18.

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