LOCAL INITIATIVES SUPPORT CORPORATION: Single Audit Reports and Findings

LOCAL INITIATIVES SUPPORT CORPORATION filed 10 single audits between 2016 and 2025; the most recently observed auditor is CohnReznick LLP (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; LOCAL INITIATIVES SUPPORT CORPORATION is recorded in NEW YORK, Maryland under EIN 133030229, and the Clearinghouse records it as a nonprofit.

Single audits filed by LOCAL INITIATIVES SUPPORT CORPORATION
Audit yearFiscal year endFederal expendedThreshold appliedAuditor observedFindingsMW / SDFAC report
20252025-12-31$167,791,144$3,000,000CohnReznick LLP02025-12-GSAFAC-0000420682
20242024-12-31$169,953,327$3,000,000CohnReznick LLP02024-12-GSAFAC-0000372947
20232023-12-31$210,828,454$3,000,000COHNREZNICK LLP02023-12-GSAFAC-0000044429
20222022-12-31$147,598,623$3,000,000COHNREZNICK LLP02022-12-CENSUS-0000012660
20212021-12-31$149,192,384$3,000,000COHNREZNICK LLP02021-12-CENSUS-0000012660
20202020-12-31$242,554,106$3,000,000COHNREZNICK LLP02020-12-CENSUS-0000012660
20192019-12-31$141,288,030$3,000,000COHNREZNICK LLP02019-12-CENSUS-0000012660
20182018-12-31$125,835,000$3,000,000COHNREZNICK LLP02018-12-CENSUS-0000012660
20172017-12-31$115,882,465$3,000,000COHNREZNICK LLP02017-12-CENSUS-0000012660
20162016-12-31$119,838,238$3,000,000COHNREZNICK LLP02016-12-CENSUS-0000012660

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
84.354ACREDIT ENHANCEMENT FOR CHARTER SCHOOL FACILITIES$63,623,179Yes
21.014COMMUNITY DEVELOPMENT FINANCIAL INSTITUTIONS BOND GUARANTEE PROGRAM$37,979,991No
14.252SECTION 4 CAPACITY BUILDING FOR COMMUNITY DEVELOPMENT AND AFFORDABLE HOUSING$12,770,516No
21.011CAPITAL MAGNET FUND$6,975,169Yes
21.011CAPITAL MAGNET FUND$5,683,398Yes
21.027CORONAVIRUS STATE AND LOCAL FISCAL RECOVERY FUNDS$4,780,691No
21.027CORONAVIRUS STATE AND LOCAL FISCAL RECOVERY FUNDS$4,632,499No
94.006AMERICORPS STATE AND NATIONAL 94.006$2,643,377No
14.259COMMUNITY COMPASS TECHNICAL ASSISTANCE AND CAPACITY BUILDING$2,358,760No
17.270REENTRY EMPLOYMENT OPPORTUNITIES$2,201,592No
21.027CORONAVIRUS STATE AND LOCAL FISCAL RECOVERY FUNDS$2,142,041No
10.561STATE ADMINISTRATIVE MATCHING GRANTS FOR THE SUPPLEMENTAL NUTRITION ASSISTANCE PROGRAM$1,812,226No
21.020COMMUNITY DEVELOPMENT FINANCIAL INSTITUTIONS PROGRAM$1,442,510No
21.033COMMUNITY DEVELOPMENT FINANCIAL INSTITUTIONS FUND EQUITABLE RECOVERY PROGRAM (CDFI ERP)$1,426,094No
21.027CORONAVIRUS STATE AND LOCAL FISCAL RECOVERY FUNDS$1,387,983No
93.575CHILD CARE AND DEVELOPMENT BLOCK GRANT$1,378,175No
16.839STOP SCHOOL VIOLENCE$1,032,582No
21.027CORONAVIRUS STATE AND LOCAL FISCAL RECOVERY FUNDS$901,509No
14.251ECONOMIC DEVELOPMENT INITIATIVE, COMMUNITY PROJECT FUNDING, AND MISCELLANEOUS GRANTS$864,186No
16.039RURAL VIOLENT CRIME INITIATIVE$702,752No
59.059CONGRESSIONAL GRANTS$623,614No
10.446RURAL COMMUNITY DEVELOPMENT INITIATIVE$594,547No
21.027CORONAVIRUS STATE AND LOCAL FISCAL RECOVERY FUNDS$593,735No
14.218COMMUNITY DEVELOPMENT BLOCK GRANTS/ENTITLEMENT GRANTS$586,871No
21.027CORONAVIRUS STATE AND LOCAL FISCAL RECOVERY FUNDS$566,119No

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 2024-12
Total revenue
$363,857,494
Total assets
$1,641,792,900
Accounting fees (Part IX line 11c)
$566,208
Paid preparer
COHNREZNICK ADVISORY LLC
IRS object id
202513049349302446
NTEE code
S200
Exempt under
501(c)(3)
Ruling year
1980
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 LOCAL INITIATIVES SUPPORT 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. “LOCAL INITIATIVES SUPPORT CORPORATION Single Audits.” https://getauditradar.com/single-audits/md/local-initiatives-support-corporation-133030229/. Data as of 2026-09-18.

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