Classical Academies CFA, Inc. D/B/A Lake Lure Classical Academy: Single Audit Reports and Findings

Classical Academies CFA, Inc. D/B/A Lake Lure Classical Academy filed 4 single audits between 2022 and 2025; the most recently observed auditor is DARRELL L KELLER, CPA, PA (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; Classical Academies CFA, Inc. D/B/A Lake Lure Classical Academy is recorded in LAKE LURE, North Carolina under EIN 271315350, and the Clearinghouse records it as a nonprofit.

Single audits filed by Classical Academies CFA, Inc. D/B/A Lake Lure Classical Academy
Audit yearFiscal year endFederal expendedThreshold appliedAuditor observedFindingsMW / SDFAC report
20252025-06-30$11,415,461$750,000DARRELL L KELLER, CPA, PA02025-06-GSAFAC-0000397111
20242024-06-30$11,553,247$750,000DARRELL L KELLER, CPA, PA02024-06-GSAFAC-0000069536
20232023-06-30$12,004,282$750,000DARRELL L KELLER, CPA, PA02023-06-GSAFAC-0000032568
20222022-06-30$12,282,089$750,000DARRELL L KELLER, CPA, PA02022-06-CENSUS-0000256899

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
10.766COMMUNITY FACILITIES LOANS AND GRANTS$10,909,243Yes
84.424STUDENT SUPPORT AND ACADEMIC ENRICHMENT PROGRAM$234,921Yes
84.010TITLE I GRANTS TO LOCAL EDUCATIONAL AGENCIES$104,355No
84.027SPECIAL EDUCATION GRANTS TO STATES$90,721No
84.358RURAL EDUCATION$43,825No
84.367SUPPORTING EFFECTIVE INSTRUCTION STATE GRANTS (FORMERLY IMPROVING TEACHER QUALITY STATE GRANTS)$15,600No
84.424STUDENT SUPPORT AND ACADEMIC ENRICHMENT PROGRAM$10,054No
84.425EDUCATION STABILIZATION FUND$4,958No
84.425EDUCATION STABILIZATION FUND$1,752No
84.425EDUCATION STABILIZATION FUND$32No

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 2025-06
Total revenue
$6,101,604
Total assets
$2,955,819
Accounting fees (Part IX line 11c)
$14,500
Paid preparer
Darrell L Keller CPA PA
IRS object id
202610579349301006
NTEE code
B29
Exempt under
501(c)(3)
Ruling year
2012
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 Classical Academies CFA, Inc. D/B/A Lake Lure Classical Academy 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. “Classical Academies CFA, Inc. D/B/A Lake Single Audits.” https://getauditradar.com/single-audits/nc/classical-academies-cfa-inc-d-b-a-lake-lure-classical-academy-271315350/. Data as of 2026-09-18.

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