AFRICAN ECONOMIC DEVELOPMENT SOLUTIONS: Single Audit Reports and Findings
AFRICAN ECONOMIC DEVELOPMENT SOLUTIONS filed 1 single audit between 2020 and 2020; the most recently observed auditor is Abdo, LLP (2020), and the 2020 report lists 5 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; AFRICAN ECONOMIC DEVELOPMENT SOLUTIONS is recorded in ST. PAUL, Minnesota under EIN 800345712, and the Clearinghouse records it as a nonprofit.
| Audit year | Fiscal year end | Federal expended | Threshold applied | Auditor observed | Findings | MW / SD | FAC report |
|---|---|---|---|---|---|---|---|
| 2020 | 2020-12-31 | $2,928,263 | $750,000 | Abdo, LLP | 5 | MW / SD | 2020-12-CENSUS-0000252188 |
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 |
|---|---|---|---|
| 21.019 | CORONAVIRUS RELIEF FUND | $2,823,263 | Yes |
| 21.020 | COMMUNITY DEVELOPMENT FINANCIAL INSTITUTIONS PROGRAM | $85,000 | No |
| 14.218 | COMMUNITY DEVELOPMENT BLOCK GRANTS/ENTITLEMENT GRANTS | $20,000 | 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 |
|---|---|---|---|
| 2020-003 | P | Material weakness | No |
| 2020-004 | B | Significant deficiency / Questioned costs | No |
| 2020-005 | B | Significant deficiency | No |
| 2020-006 | B | Significant deficiency / Questioned costs | No |
| 2020-007 | B | Significant deficiency | No |
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
- $5,189,587
- Total assets
- $13,711,523
- Paid preparer
- CARPENTER EVERT & ASSOCIATES LTD
- IRS object id
- 202533099349302503
- NTEE code
- B60
- Exempt under
- 501(c)(3)
- Ruling year
- 2009
- BMF release
- 2026-09-17
Read next
- CPA firms that audit Minnesota nonprofits
- Minnesota single audit statistics
- Minnesota nonprofit audit requirements
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 AFRICAN ECONOMIC DEVELOPMENT SOLUTIONS 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. “AFRICAN ECONOMIC DEVELOPMENT SOLUTIONS Single Audits.” https://getauditradar.com/single-audits/mn/african-economic-development-solutions-800345712/. Data as of 2026-09-18.