Elon University: Single Audit Reports and Findings

Elon University filed 10 single audits between 2016 and 2025; the most recently observed auditor is GRANT THORNTON LLP (2025), and the 2025 report lists 0 findings. Data as of 2026-11-06.

Data as of Nov 6, 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; Elon University is recorded in ELON, North Carolina under EIN 560532303, and the Clearinghouse records it as a higher education institution. Each report opens on the Clearinghouse itself; how to search the Federal Audit Clearinghouse explains the rest of the reporting package.

Single audits filed by Elon University
Audit yearFiscal year endFederal expendedThreshold appliedAuditor observedFindingsMW / SDFAC report
20252025-05-31$62,123,464$750,000GRANT THORNTON LLP0—2025-05-GSAFAC-0000401407
20242024-05-31$60,578,818$750,000GRANT THORNTON LLP0—2024-05-GSAFAC-0000348964
20232023-05-31$57,557,682$750,000GRANT THORNTON LLP0—2023-05-GSAFAC-0000012026
20222022-05-31$59,825,681$750,000GRANT THORNTON LLP0—2022-05-CENSUS-0000081375
20212021-05-31$69,466,191$750,000GRANT THORNTON LLP0—2021-05-CENSUS-0000081375
20202020-05-31$58,347,929$750,000GRANT THORNTON LLP1SD2020-05-CENSUS-0000081375
20192019-05-31$52,911,585$750,000GRANT THORNTON LLP1SD2019-05-CENSUS-0000081375
20182018-05-31$49,795,690$750,000GRANT THORNTON LLP0—2018-05-CENSUS-0000081375
20172017-05-31$48,952,060$750,000GRANT THORNTON LLP0—2017-05-CENSUS-0000081375
20162016-05-31$48,556,123$750,000GRANT THORNTON LLP0—2016-05-CENSUS-0000081375

When is the next single audit due?

If Elon University is again required to have a single audit for the fiscal year ending May 31, 2026, the reporting package is due to the Federal Audit Clearinghouse by Mar 1, 2027 at the latest.

Whether an audit is required depends on federal awards expended in that year (the single audit threshold). The rule, 2 CFR 200.512(a): the reporting package is due within 30 calendar days after the auditee receives the auditor's report or nine months after the end of the audit period, whichever is earlier; the date above is the nine-month date, moved to Monday when it falls on a weekend. Last verified: 2026-11-15.

Which federal programs did this organization report?

From the most recent accepted report, as listed on its schedule of expenditures of federal awards (SEFA). "Major" is the designation the auditor made under 2 CFR 200.518, not ours.

Federal programs on the most recent report
ALNProgramExpendedMajor
84.268FEDERAL DIRECT STUDENT LOANS$55,405,494Yes
84.063FEDERAL PELL GRANT PROGRAM$4,907,974Yes
84.033FEDERAL WORK-STUDY PROGRAM$630,241Yes
84.038FEDERAL PERKINS LOAN PROGRAM_FEDERAL CAPITAL CONTRIBUTIONS$265,970Yes
84.007FEDERAL SUPPLEMENTAL EDUCATIONAL OPPORTUNITY GRANTS$265,580Yes
47.049MATHEMATICAL AND PHYSICAL SCIENCES$99,950No
93.959BLOCK GRANTS FOR PREVENTION AND TREATMENT OF SUBSTANCE ABUSE$90,164No
16.525GRANTS TO REDUCE DOMESTIC VIOLENCE, DATING VIOLENCE, SEXUAL ASSAULT, AND STALKING ON CAMPUS$78,345No
94.013AMERICORPS VOLUNTEERS IN SERVICE TO AMERICA 94.013$68,049No
12.300BASIC AND APPLIED SCIENTIFIC RESEARCH$57,852No
93.866AGING RESEARCH$48,389No
93.837CARDIOVASCULAR DISEASES RESEARCH$47,045No
94.014AMERICORPS MARTIN LUTHER KING JR. DAY OF SERVICE GRANTS 94.014$32,700No
93.959BLOCK GRANTS FOR PREVENTION AND TREATMENT OF SUBSTANCE ABUSE$30,208No
93.866AGING RESEARCH$26,021No
45.129PROMOTION OF THE HUMANITIES FEDERAL/STATE PARTNERSHIP$18,626No
93.136INJURY PREVENTION AND CONTROL RESEARCH AND STATE AND COMMUNITY BASED PROGRAMS$14,996No
93.866AGING RESEARCH$14,811No
84.425EDUCATION STABILIZATION FUND$11,021No
47.074BIOLOGICAL SCIENCES$6,058No
84.379TEACHER EDUCATION ASSISTANCE FOR COLLEGE AND HIGHER EDUCATION GRANTS (TEACH GRANTS)$3,772Yes
47.076STEM EDUCATION (FORMERLY EDUCATION AND HUMAN RESOURCES)$198No

What findings did the auditor report?

The reference is the auditor’s; the requirement is the Compliance Supplement category the auditor selected. The finding text itself is not reproduced here; the FAC report linked above carries it in full. What the two severity levels mean: material weakness vs significant deficiency.

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.

Where to find the return itself, and what our Form 990 data covers: Form 990 lookup.

Total revenue
$441,401,510
Total assets
$1,249,999,745
NTEE code
B430
Exempt under
501(c)(3)
Ruling year
1939
BMF release
2026-10-20

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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 Elon University 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. “Elon University, North Carolina Single Audits 2016–2025.” https://getauditradar.com/single-audits/nc/elon-university-560532303/. Data as of 2026-11-06.