INDEPENDENT SCHOOL DISTRICT NO. 550: Single Audit Reports and Findings
INDEPENDENT SCHOOL DISTRICT NO. 550 filed 2 single audits between 2021 and 2022; the most recently observed auditor is CLIFTONLARSONALLEN LLP (2022), and the 2022 report lists 4 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; INDEPENDENT SCHOOL DISTRICT NO. 550 is recorded in UNDERWOOD, Minnesota under EIN 416002898, and the Clearinghouse records it as a state government entity.
| Audit year | Fiscal year end | Federal expended | Threshold applied | Auditor observed | Findings | MW / SD | FAC report |
|---|---|---|---|---|---|---|---|
| 2022 | 2022-06-30 | $1,023,124 | $750,000 | CLIFTONLARSONALLEN LLP | 4 | MW | 2022-06-CENSUS-0000214546 |
| 2021 | 2021-06-30 | $791,744 | $750,000 | CLIFTONLARSONALLEN LLP | 0 | SD | 2021-06-CENSUS-0000214546 |
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 |
|---|---|---|---|
| 10.555 | NATIONAL SCHOOL LUNCH PROGRAM | $349,432 | Yes |
| 84.425 | EDUCATION STABILIZATION FUND | $230,992 | No |
| 84.425 | EDUCATION STABILIZATION FUND | $87,839 | No |
| 84.010 | TITLE I GRANTS TO LOCAL EDUCATIONAL AGENCIES | $82,759 | No |
| 32.009 | EMERGENCY CONNECTIVITY FUND PROGRAM | $67,320 | No |
| 10.553 | SCHOOL BREAKFAST PROGRAM | $50,155 | Yes |
| 84.358 | RURAL EDUCATION | $41,338 | No |
| 10.555 | NATIONAL SCHOOL LUNCH PROGRAM | $30,485 | Yes |
| 93.323 | EPIDEMIOLOGY AND LABORATORY CAPACITY FOR INFECTIOUS DISEASES (ELC) | $23,652 | No |
| 21.027 | CORONAVIRUS STATE AND LOCAL FISCAL RECOVERY FUNDS | $15,683 | No |
| 84.367 | IMPROVING TEACHER QUALITY STATE GRANTS | $15,391 | No |
| 10.555 | NATIONAL SCHOOL LUNCH PROGRAM | $14,821 | Yes |
| 84.424 | STUDENT SUPPORT AND ACADEMIC ENRICHMENT PROGRAM | $10,000 | No |
| 84.425 | EDUCATION STABILIZATION FUND | $3,257 | 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 |
|---|---|---|---|
| 2022-004 | I | Material weakness | No |
Read next
- CPA firms that audit Minnesota nonprofits
- Minnesota single audit statistics
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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 INDEPENDENT SCHOOL DISTRICT NO. 550 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. “INDEPENDENT SCHOOL DISTRICT NO. 550 Single Audits.” https://getauditradar.com/single-audits/mn/independent-school-district-no-550-416002898/. Data as of 2026-09-18.