South Vermillion Community School Corporation: Single Audit Reports and Findings

South Vermillion Community School Corporation's most recent single audit in the Federal Audit Clearinghouse covers fiscal year 2024, accepted March 6, 2025; the auditor observed on that filing is Indiana State Board of Accounts. It reported 2 findings, with an adverse opinion on the financial statements. 5 filings from 2016 to 2024 are on record. 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; South Vermillion Community School Corporation is recorded in CLINTON, Indiana under EIN 356007170, 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 South Vermillion Community School Corporation
Audit yearFiscal year endFederal expendedThreshold appliedAuditor observedOpinionFindingsMW / SDFAC report
20242024-06-30$5,319,058$750,000Indiana State Board of AccountsAdverse / Not on a GAAP basis2—2024-06-GSAFAC-0000356396
20222022-06-30$7,295,650$750,000Indiana State Board of AccountsAdverse / Not on a GAAP basis2MW2022-06-CENSUS-0000188248
20202020-06-30$3,054,643$750,000Indiana State Board of AccountsAdverse / Not on a GAAP basis4MW2020-06-CENSUS-0000188248
20182018-06-30$3,458,919$750,000Indiana State Board of AccountsNot on a GAAP basis5MW2018-06-CENSUS-0000188248
20162016-06-30$3,261,690$750,000Indiana State Board of AccountsAdverse8MW / SD2016-06-CENSUS-0000188248

When is the next single audit due?

If South Vermillion Community 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
10.555NATIONAL SCHOOL LUNCH PROGRAM 2023$746,859Yes
10.555NATIONAL SCHOOL LUNCH PROGRAM 2024$571,854Yes
84.425EDUCATION STABILIZATION FUND 2023$483,046Yes
84.027SPECIAL EDUCATION GRANTS TO STATES 2024$482,857No
84.027SPECIAL EDUCATION GRANTS TO STATES 2023$373,156No
84.010TITLE I GRANTS TO LOCAL EDUCATIONAL AGENCIES 2024$363,174No
84.010TITLE I GRANTS TO LOCAL EDUCATIONAL AGENCIES 2023$349,132No
84.048CAREER AND TECHNICAL EDUCATION -- BASIC GRANTS TO STATES 2024$248,251No
84.425EDUCATION STABILIZATION FUND 2024$229,956Yes
10.553SCHOOL BREAKFAST PROGRAM 2023$211,646Yes
84.002ADULT EDUCATION - BASIC GRANTS TO STATES 2024$182,991No
10.553SCHOOL BREAKFAST PROGRAM 2024$168,968Yes
84.002ADULT EDUCATION - BASIC GRANTS TO STATES 2023$164,998No
84.425EDUCATION STABILIZATION FUND 2024$152,518Yes
84.048CAREER AND TECHNICAL EDUCATION -- BASIC GRANTS TO STATES 2023$145,140No
84.027SPECIAL EDUCATION GRANTS TO STATES 2023$93,352No
84.425EDUCATION STABILIZATION FUND 2023$88,098Yes
84.367SUPPORTING EFFECTIVE INSTRUCTION STATE GRANTS (FORMERLY IMPROVING TEACHER QUALITY STATE GRANTS) 2023$63,853No
84.367SUPPORTING EFFECTIVE INSTRUCTION STATE GRANTS (FORMERLY IMPROVING TEACHER QUALITY STATE GRANTS) 2024$54,164No
84.424STUDENT SUPPORT AND ACADEMIC ENRICHMENT PROGRAM 2023$31,831No
84.173SPECIAL EDUCATION PRESCHOOL GRANTS 2024$24,848No
84.424STUDENT SUPPORT AND ACADEMIC ENRICHMENT PROGRAM 2024$17,540No
84.173SPECIAL EDUCATION PRESCHOOL GRANTS 2023$16,289No
84.425EDUCATION STABILIZATION FUND 2024$13,631Yes
84.425EDUCATION STABILIZATION FUND 2023$12,683Yes

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
2024-001Reporting (L)Material weaknessNo
2024-002Procurement and suspension and debarment (I)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 South Vermillion Community 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. “South Vermillion Community School Corporation Single Audit FY2024.” https://getauditradar.com/single-audits/in/south-vermillion-community-school-corporation-356007170/. Data as of 2026-11-06.