Town of Frankton: Single Audit Reports and Findings
Town of Frankton filed 3 single audits between 2021 and 2024; the most recently observed auditor is INDIANA STATE BOARD OF ACCOUNTS (2024), and the 2024 report lists 2 findings, including 1 material weakness. 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; Town of Frankton is recorded in FRANKTON, Indiana under EIN 351116739, and the Clearinghouse records it as a local government.
| Audit year | Fiscal year end | Federal expended | Threshold applied | Auditor observed | Findings | MW / SD | FAC report |
|---|---|---|---|---|---|---|---|
| 2024 | 2024-12-31 | $5,155,682 | $750,000 | INDIANA STATE BOARD OF ACCOUNTS | 2 | MW | 2024-12-GSAFAC-0000378701 |
| 2023 | 2023-12-31 | $8,356,096 | $750,000 | INDIANA STATE BOARD OF ACCOUNTS | 5 | MW | 2023-12-GSAFAC-0000050896 |
| 2021 | 2021-12-31 | $1,795,332 | $750,000 | INDIANA STATE BOARD OF ACCOUNTS | 1 | MW | 2021-12-CENSUS-0000254031 |
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.
| ALN | Program | Expended | Major |
|---|---|---|---|
| 10.760 | WATER AND WASTE DISPOSAL SYSTEMS FOR RURAL COMMUNITIES | $4,930,996 | Yes |
| 21.027 | CORONAVIRUS STATE AND LOCAL FISCAL RECOVERY FUNDS | $137,556 | No |
| 66.468 | DRINKING WATER STATE REVOLVING FUND | $87,130 | No |
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.
| Reference | Requirement | Severity | Repeat |
|---|---|---|---|
| 2024-003 | I | Material weakness | Yes |
| 2024-004 | L | Material weakness | 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 Town of Frankton 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. “Town of Frankton Single Audits and Findings (IN).” https://getauditradar.com/single-audits/in/town-of-frankton-351116739/. Data as of 2026-09-18.