Maine Development Foundation: Single Audit Reports and Findings

Maine Development Foundation filed 5 single audits between 2020 and 2024; the most recently observed auditor is PURDY POWERS AND COMPANY (2024), and the 2024 report lists 0 findings. Data as of 2026-09-16.

Data as of Sep 16, 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; Maine Development Foundation is recorded in AUGUSTA, Maine under EIN 010355563, and the Clearinghouse records it as a nonprofit.

Single audits filed by Maine Development Foundation
Audit yearFiscal year endFederal expendedThreshold appliedAuditor observedFindingsMW / SDFAC report
20242024-12-31$1,633,787$750,000PURDY POWERS AND COMPANY02024-12-GSAFAC-0000378282
20232023-12-31$1,655,843$750,000PURDY POWERS AND COMPANY1SD2023-12-GSAFAC-0000059200
20222022-12-31$1,243,567$750,000PURDY POWERS AND COMPANY02022-12-CENSUS-0000240710
20212021-12-31$1,056,023$750,000PURDY POWERS AND COMPANY02021-12-CENSUS-0000240710
20202020-12-31$1,030,091$750,000PURDY POWERS AND COMPANY02020-12-CENSUS-0000240710

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
14.228COMMUNITY DEVELOPMENT BLOCK GRANTS/STATE'S PROGRAM AND NON-ENTITLEMENT GRANTS IN HAWAII$563,092No
15.904HISTORIC PRESERVATION FUND GRANTS-IN-AID$427,138Yes
11.307ECONOMIC ADJUSTMENT ASSISTANCE$212,236No
21.027CORONAVIRUS STATE AND LOCAL FISCAL RECOVERY FUNDS$159,152Yes
59.059CONGRESSIONAL GRANTS$81,258No
47.084NSF TECHNOLOGY, INNOVATION, AND PARTNERSHIPS$45,676No
90.601NORTHERN BORDER REGIONAL DEVELOPMENT$37,756No
43.008OFFICE OF STEM ENGAGEMENT (OSTEM)$27,204No
21.027CORONAVIRUS STATE AND LOCAL FISCAL RECOVERY FUNDS$19,077Yes
47.083INTEGRATIVE ACTIVITIES$18,427No
43.008OFFICE OF STEM ENGAGEMENT (OSTEM)$18,136No
11.473OFFICE FOR COASTAL MANAGEMENT$15,732No
15.904HISTORIC PRESERVATION FUND GRANTS-IN-AID$8,667Yes
17.280WIOA DISLOCATED WORKER NATIONAL RESERVE DEMONSTRATION GRANTS$236No

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
$2,966,802
Total assets
$969,500
Paid preparer
Purdy Powers & Company
IRS object id
202532529349301423
NTEE code
S30Z
Exempt under
501(c)(3)
Ruling year
1978
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 Maine Development Foundation 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. “Maine Development Foundation Single Audits and Findings (ME).” https://getauditradar.com/single-audits/me/maine-development-foundation-010355563/. Data as of 2026-09-16.

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