Drexel Foundation for Educational Excellence, Inc. d/b/a Thea Bowman Leadership Academy: Single Audit Reports and Findings

Drexel Foundation for Educational Excellence, Inc. d/b/a Thea Bowman Leadership Academy filed 10 single audits between 2016 and 2025; the most recently observed auditor is Donovan PC (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; Drexel Foundation for Educational Excellence, Inc. d/b/a Thea Bowman Leadership Academy is recorded in GARY, Indiana under EIN 352125768, and the Clearinghouse records it as a nonprofit.

Single audits filed by Drexel Foundation for Educational Excellence, Inc. d/b/a Thea Bowman Leadership Academy
Audit yearFiscal year endFederal expendedThreshold appliedAuditor observedFindingsMW / SDFAC report
20252025-06-30$9,765,977$750,000Donovan PC02025-06-GSAFAC-0000406144
20242024-06-30$6,659,842$750,000Donovan PC02024-06-GSAFAC-0000346464
20232023-06-30$7,550,110$750,000Donovan PC5SD2023-06-GSAFAC-0000024499
20222022-06-30$4,737,220$750,000Donovan PC02022-06-CENSUS-0000223401
20212021-06-30$2,744,683$750,000Donovan PC02021-06-CENSUS-0000223401
20202020-06-30$2,582,004$750,000Donovan PC1SD2020-06-CENSUS-0000223401
20192019-06-30$2,599,118$750,000Donovan PC2MW2019-06-CENSUS-0000223401
20182018-06-30$3,173,835$750,000Donovan PC02018-06-CENSUS-0000223401
20172017-06-30$1,839,602$750,000Donovan PC02017-06-CENSUS-0000223401
20162016-06-30$1,782,897$750,000Donovan PC1SD2016-06-CENSUS-0000223401

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
84.425EDUCATION STABILIZATION FUND$7,089,898Yes
84.010TITLE I GRANTS TO LOCAL EDUCATIONAL AGENCIES$1,171,154No
10.555NATIONAL SCHOOL LUNCH PROGRAM$507,132No
84.010TITLE I GRANTS TO LOCAL EDUCATIONAL AGENCIES$365,344No
10.553SCHOOL BREAKFAST PROGRAM$221,800No
84.027SPECIAL EDUCATION_GRANTS TO STATES$128,327No
84.424STUDENT SUPPORT AND ACADEMIC ENRICHMENT PROGRAM$105,827No
84.367IMPROVING TEACHER QUALITY STATE GRANTS$97,654No
84.367IMPROVING TEACHER QUALITY STATE GRANTS$53,481No
84.424STUDENT SUPPORT AND ACADEMIC ENRICHMENT PROGRAM$20,284No
84.424STUDENT SUPPORT AND ACADEMIC ENRICHMENT PROGRAM$5,076No

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 2025-06
Total revenue
$18,709,139
Total assets
$27,454,264
Accounting fees (Part IX line 11c)
$183,460
Paid preparer
DONOVAN PC
IRS object id
202621289349302342
NTEE code
B20
Exempt under
501(c)(3)
Ruling year
2001
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 Drexel Foundation for Educational Excellence, Inc. d/b/a Thea Bowman Leadership Academy 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. “Drexel Foundation for Educational Excell Single Audits.” https://getauditradar.com/single-audits/in/drexel-foundation-for-educational-excellence-inc-d-b-a-thea-bowman-leadership-352125768/. Data as of 2026-09-18.

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