Spencer-Owen Community School Corporation: Single Audit Reports and Findings
Spencer-Owen Community School Corporation's most recent single audit in the Federal Audit Clearinghouse covers fiscal year 2024, accepted March 27, 2025; the auditor observed on that filing is Indiana State Board of Accounts. It reported 1 finding, 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; Spencer-Owen Community School Corporation is recorded in SPENCER, Indiana under EIN 351099629, 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.
| Audit year | Fiscal year end | Federal expended | Threshold applied | Auditor observed | Opinion | Findings | MW / SD | FAC report |
|---|---|---|---|---|---|---|---|---|
| 2024 | 2024-06-30 | $8,604,657 | $750,000 | Indiana State Board of Accounts | Adverse / Not on a GAAP basis | 1 | SD | 2024-06-GSAFAC-0000359633 |
| 2022 | 2022-06-30 | $8,836,623 | $750,000 | Indiana State Board of Accounts | Adverse / Not on a GAAP basis | 2 | MW | 2022-06-CENSUS-0000190995 |
| 2020 | 2020-06-30 | $5,427,078 | $750,000 | Indiana State Board of Accounts | Adverse / Not on a GAAP basis | 0 | — | 2020-06-CENSUS-0000190995 |
| 2018 | 2018-06-30 | $4,828,616 | $750,000 | Indiana State Board of Accounts | Not on a GAAP basis | 6 | MW | 2018-06-CENSUS-0000190995 |
| 2016 | 2016-06-30 | $4,392,307 | $750,000 | Indiana State Board of Accounts | Adverse | 4 | MW | 2016-06-CENSUS-0000190995 |
When is the next single audit due?
If Spencer-Owen 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.
| ALN | Program | Expended | Major |
|---|---|---|---|
| 84.425 | EDUCATION STABILIZATION FUND 2024 | $1,253,107 | Yes |
| 84.425 | EDUCATION STABILIZATION FUND 2023 | $1,095,960 | Yes |
| 10.555 | NATIONAL SCHOOL LUNCH PROGRAM 2023 | $961,433 | Yes |
| 10.555 | NATIONAL SCHOOL LUNCH PROGRAM 2024 | $870,955 | Yes |
| 84.027 | SPECIAL EDUCATION GRANTS TO STATES 2024 | $740,234 | No |
| 84.010 | TITLE I GRANTS TO LOCAL EDUCATIONAL AGENCIES 2023 | $635,284 | Yes |
| 84.425 | EDUCATION STABILIZATION FUND 2023 | $545,207 | Yes |
| 84.027 | SPECIAL EDUCATION GRANTS TO STATES 2023 | $496,047 | No |
| 84.010 | TITLE I GRANTS TO LOCAL EDUCATIONAL AGENCIES 2024 | $391,172 | Yes |
| 10.553 | SCHOOL BREAKFAST PROGRAM 2023 | $322,228 | Yes |
| 10.553 | SCHOOL BREAKFAST PROGRAM 2024 | $260,781 | Yes |
| 84.425 | EDUCATION STABILIZATION FUND 2024 | $203,842 | Yes |
| 93.778 | MEDICAL ASSISTANCE PROGRAM 2024 | $194,008 | No |
| 93.778 | MEDICAL ASSISTANCE PROGRAM 2023 | $185,729 | No |
| 84.367 | SUPPORTING EFFECTIVE INSTRUCTION STATE GRANTS (FORMERLY IMPROVING TEACHER QUALITY STATE GRANTS) 2023 | $114,735 | No |
| 84.367 | SUPPORTING EFFECTIVE INSTRUCTION STATE GRANTS (FORMERLY IMPROVING TEACHER QUALITY STATE GRANTS) 2024 | $79,826 | No |
| 84.425 | EDUCATION STABILIZATION FUND 2023 | $65,513 | Yes |
| 84.027 | SPECIAL EDUCATION GRANTS TO STATES 2023 | $38,111 | No |
| 84.173 | SPECIAL EDUCATION PRESCHOOL GRANTS 2024 | $36,016 | No |
| 84.424 | STUDENT SUPPORT AND ACADEMIC ENRICHMENT PROGRAM 2023 | $32,577 | No |
| 84.027 | SPECIAL EDUCATION GRANTS TO STATES 2024 | $20,811 | No |
| 84.424 | STUDENT SUPPORT AND ACADEMIC ENRICHMENT PROGRAM 2024 | $16,946 | No |
| 84.425 | EDUCATION STABILIZATION FUND 2024 | $16,416 | Yes |
| 84.196 | EDUCATION FOR HOMELESS CHILDREN AND YOUTH 2023 | $9,431 | No |
| 84.425 | EDUCATION STABILIZATION FUND 2023 | $9,361 | Yes |
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.
| Reference | Requirement | Severity | Repeat |
|---|---|---|---|
| 2024-001 | Eligibility (E) | Significant deficiency | No |
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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 Spencer-Owen 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. “Spencer-Owen Community School Corporation Single Audit FY2024.” https://getauditradar.com/single-audits/in/spencer-owen-community-school-corporation-351099629/. Data as of 2026-11-06.