Cannelton City School Corporation: Single Audit Reports and Findings

Cannelton City School Corporation's most recent single audit in the Federal Audit Clearinghouse covers fiscal year 2024, accepted March 24, 2025; the auditor observed on that filing is Indiana State Board of Accounts. It reported 7 findings, including a material weakness, with an adverse opinion on the financial statements. Data as of 2026-11-06.

Data as of Nov 6, 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; Cannelton City School Corporation is recorded in CANNELTON, Indiana under EIN 356002225, and the Clearinghouse records it as a local government. Each report opens on the Clearinghouse itself; how to search the Federal Audit Clearinghouse explains the rest of the reporting package.

Single audits filed by Cannelton City School Corporation
Audit yearFiscal year endFederal expendedThreshold appliedAuditor observedOpinionFindingsMW / SDFAC report
20242024-06-30$1,555,270$750,000Indiana State Board of AccountsAdverse / Not on a GAAP basis7MW2024-06-GSAFAC-0000360287
20222022-06-30$1,971,033$750,000Indiana State Board of AccountsAdverse / Not on a GAAP basis3MW2022-06-CENSUS-0000257082

When is the next single audit due?

If Cannelton City School Corporation is again required to have a single audit for the fiscal year ending Jun 30, 2025, the reporting package is due to the Federal Audit Clearinghouse by Mar 30, 2026 at the latest.

No filing for that fiscal year appears in the Clearinghouse data as of Nov 6, 2026. The data does not show why: an organization below the threshold is not required to file, and a filing can be accepted after the due date.

Whether an audit is required depends on federal awards expended in that year (the single audit threshold). The rule, 2 CFR 200.512(a): the reporting package is due within 30 calendar days after the auditee receives the auditor's report or nine months after the end of the audit period, whichever is earlier; the date above is the nine-month date, moved to Monday when it falls on a weekend. Last verified: 2026-11-15.

Indiana also publishes audit reports of local governments: Indiana State Board of Accounts. Last verified: 2026-11-15.

Which federal programs did this organization report?

From the most recent accepted report, as listed on its schedule of expenditures of federal awards (SEFA). "Major" is the designation the auditor made under 2 CFR 200.518, not ours.

Federal programs on the most recent report
ALNProgramExpendedMajor
84.425EDUCATION STABILIZATION FUND 2023$306,447Yes
84.010TITLE I GRANTS TO LOCAL EDUCATIONAL AGENCIES 2024$158,170No
84.010TITLE I GRANTS TO LOCAL EDUCATIONAL AGENCIES 2023$142,251No
84.425EDUCATION STABILIZATION FUND 2023$137,049Yes
10.555NATIONAL SCHOOL LUNCH PROGRAM 2023$133,028Yes
10.555NATIONAL SCHOOL LUNCH PROGRAM 2024$117,724Yes
84.425EDUCATION STABILIZATION FUND 2024$106,046Yes
84.027SPECIAL EDUCATION GRANTS TO STATES 2024$70,777No
84.027SPECIAL EDUCATION GRANTS TO STATES 2023$65,540No
84.424STUDENT SUPPORT AND ACADEMIC ENRICHMENT PROGRAM 2024$58,811No
10.553SCHOOL BREAKFAST PROGRAM 2024$48,082Yes
10.553SCHOOL BREAKFAST PROGRAM 2023$47,913Yes
10.579CHILD NUTRITION DISCRETIONARY GRANTS LIMITED AVAILABILITY 2023$24,809No
84.425EDUCATION STABILIZATION FUND 2024$23,094Yes
84.367SUPPORTING EFFECTIVE INSTRUCTION STATE GRANTS (FORMERLY IMPROVING TEACHER QUALITY STATE GRANTS) 2024$17,589No
84.367SUPPORTING EFFECTIVE INSTRUCTION STATE GRANTS (FORMERLY IMPROVING TEACHER QUALITY STATE GRANTS) 2023$15,546No
84.424STUDENT SUPPORT AND ACADEMIC ENRICHMENT PROGRAM 2023$10,254No
84.425EDUCATION STABILIZATION FUND 2023$10,094Yes
10.556SPECIAL MILK PROGRAM FOR CHILDREN 2024$9,842Yes
84.425EDUCATION STABILIZATION FUND 2024$9,182Yes
84.027SPECIAL EDUCATION GRANTS TO STATES 2023$9,174No
84.196EDUCATION FOR HOMELESS CHILDREN AND YOUTH 2023$9,000No
84.358RURAL EDUCATION 2024$7,514No
84.358RURAL EDUCATION 2023$6,514No
84.425EDUCATION STABILIZATION FUND 2023$2,333Yes

What findings did the auditor report?

The reference is the auditor’s; the requirement is the Compliance Supplement category the auditor selected. The finding text itself is not reproduced here; the FAC report linked above carries it in full. What the two severity levels mean: material weakness vs significant deficiency.

Findings on the most recent report
ReferenceRequirementSeverityRepeat
2024-003Reporting (L); Special tests and provisions (N)Material weaknessNo
2024-004Activities allowed or unallowed (A); Allowable costs / cost principles (B)Material weakness / Questioned costsNo
2024-005Procurement and suspension and debarment (I)Material weaknessNo
2024-006Activities allowed or unallowed (A)Material weaknessNo
2024-007Allowable costs / cost principles (B)Material weakness / Questioned costsNo
2024-008Reporting (L)Material weaknessYes
2024-009Special tests and provisions (N)Material weaknessYes

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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 Cannelton City School Corporation 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. “Cannelton City School Corporation, Indiana Single Audit FY2024.” https://getauditradar.com/single-audits/in/cannelton-city-school-corporation-356002225/. Data as of 2026-11-06.