Asbury Theological Seminary: Single Audit Reports and Findings

Asbury Theological Seminary filed 10 single audits between 2016 and 2025; the most recently observed auditor is BLUE & CO., LLC (2025), and the 2025 report lists 0 findings. Data as of 2026-09-09.

Data as of Sep 9, 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; Asbury Theological Seminary is recorded in WILMORE, Kentucky under EIN 610445823, and the Clearinghouse records it as a higher education institution.

Single audits filed by Asbury Theological Seminary
Audit yearFiscal year endFederal expendedThreshold appliedAuditor observedFindingsMW / SDFAC report
20252025-06-30$3,816,971$750,000BLUE & CO., LLC02025-06-GSAFAC-0000378239
20242024-06-30$4,693,669$750,000BLUE & CO., LLC02024-06-GSAFAC-0000066720
20232023-06-30$5,439,186$750,000BLUE & CO., LLC02023-06-GSAFAC-0000005703
20222022-06-30$6,011,653$750,000BLUE & CO., LLC1SD2022-06-CENSUS-0000091691
20212021-06-30$7,173,069$750,000BLUE & CO., LLC2SD2021-06-CENSUS-0000091691
20202020-06-30$7,393,884$750,000BLUE & CO., LLC1SD2020-06-CENSUS-0000091691
20192019-06-30$7,588,699$750,000BLUE & CO., LLC1SD2019-06-CENSUS-0000091691
20182018-06-30$10,406,183$750,000BLUE & CO., LLC02018-06-CENSUS-0000091691
20172017-06-30$11,587,358$750,000BLUE & CO., LLC02017-06-CENSUS-0000091691
20162016-06-30$12,076,863$750,000BLUE & CO., LLC02016-06-CENSUS-0000091691

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
84.268FEDERAL DIRECT STUDENT LOANS$3,816,971Yes

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.

Total revenue
$50,655,245
Total assets
$375,021,059
NTEE code
B500
Exempt under
501(c)(3)
Ruling year
1943
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 Asbury Theological Seminary 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. “Asbury Theological Seminary Single Audits and Findings (KY).” https://getauditradar.com/single-audits/ky/asbury-theological-seminary-610445823/. Data as of 2026-09-09.

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