Friendship Academy of the Arts: Single Audit Reports and Findings
Friendship Academy of the Arts filed 2 single audits between 2022 and 2023; the most recently observed auditor is CLIFTONLARSONALLEN LLP (2023), and the 2023 report lists 3 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; Friendship Academy of the Arts is recorded in MINNEAPOLIS, Minnesota under EIN 311756049, 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 |
|---|---|---|---|---|---|---|---|
| 2023 | 2023-06-30 | $901,224 | $750,000 | CLIFTONLARSONALLEN LLP | 3 | MW | 2023-06-GSAFAC-0000054279 |
| 2022 | 2022-06-30 | $873,794 | $750,000 | CLIFTONLARSONALLEN LLP | 1 | MW | 2022-06-CENSUS-0000258884 |
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 |
|---|---|---|---|
| 84.425 | EDUCATION STABILIZATION FUND | $360,610 | Yes |
| 84.010 | TITLE I GRANTS TO LOCAL EDUCATIONAL AGENCIES | $132,484 | No |
| 10.555 | NATIONAL SCHOOL LUNCH PROGRAM | $116,830 | No |
| 10.553 | SCHOOL BREAKFAST PROGRAM | $76,970 | No |
| 84.027 | SPECIAL EDUCATION_GRANTS TO STATES | $52,332 | No |
| 84.425 | EDUCATION STABILIZATION FUND | $50,416 | Yes |
| 84.425 | EDUCATION STABILIZATION FUND | $34,108 | Yes |
| 84.367 | IMPROVING TEACHER QUALITY STATE GRANTS | $22,960 | No |
| 10.555 | NATIONAL SCHOOL LUNCH PROGRAM | $13,899 | No |
| 21.027 | CORONAVIRUS STATE AND LOCAL FISCAL RECOVERY FUNDS | $13,831 | No |
| 10.555 | NATIONAL SCHOOL LUNCH PROGRAM | $10,856 | No |
| 84.424 | STUDENT SUPPORT AND ACADEMIC ENRICHMENT PROGRAM | $10,000 | No |
| 93.323 | EPIDEMIOLOGY AND LABORATORY CAPACITY FOR INFECTIOUS DISEASES (ELC) | $5,300 | No |
| 10.649 | PANDEMIC EBT ADMINISTRATIVE COSTS | $628 | 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 |
|---|---|---|---|
| 2023-007 | B | Material weakness / Questioned costs | Yes |
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
- $4,675,456
- Total assets
- $2,626,166
- NTEE code
- B29
- Exempt under
- 501(c)(3)
- Ruling year
- 2001
- 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 Friendship Academy of the Arts 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. “Friendship Academy of the Arts Single Audits and Findings (MN).” https://getauditradar.com/single-audits/mn/friendship-academy-of-the-arts-311756049/. Data as of 2026-09-18.