WATER WELL TRUST INC: Single Audit Reports and Findings

WATER WELL TRUST INC filed 4 single audits between 2022 and 2025; the most recently observed auditor is STRICKLAND HARDEE PLLC (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; WATER WELL TRUST INC is recorded in DAVIDSON, North Carolina under EIN 271659354, and the Clearinghouse records it as a nonprofit. 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 WATER WELL TRUST INC
Audit yearFiscal year endFederal expendedThreshold appliedAuditor observedFindingsMW / SDFAC report
20252025-12-31$4,928,592$1,000,000STRICKLAND HARDEE PLLC0—2025-12-GSAFAC-0000423574
20242024-12-31$4,182,917$750,000STRICKLAND HARDEE PLLC0—2024-12-GSAFAC-0000380155
20232023-12-31$3,372,703$750,000STRICKLAND HARDEE PLLC0—2023-12-GSAFAC-0000044260
20222022-12-31$2,577,643$750,000STRICKLAND HARDEE PLLC0—2022-12-CENSUS-0000258333

When is the next single audit due?

If WATER WELL TRUST INC is again required to have a single audit for the fiscal year ending Dec 31, 2026, the reporting package is due to the Federal Audit Clearinghouse by Sep 30, 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
10.862RURAL DECENTRALIZED WATER SYSTEMS GRANT PROGRAM$1,271,931Yes
10.862RURAL DECENTRALIZED WATER SYSTEMS GRANT PROGRAM$1,007,337Yes
10.862RURAL DECENTRALIZED WATER SYSTEMS GRANT PROGRAM$904,768Yes
10.862RURAL DECENTRALIZED WATER SYSTEMS GRANT PROGRAM$866,542Yes
10.862RURAL DECENTRALIZED WATER SYSTEMS GRANT PROGRAM$524,149Yes
10.862RURAL DECENTRALIZED WATER SYSTEMS GRANT PROGRAM$83,616Yes
10.862RURAL DECENTRALIZED WATER SYSTEMS GRANT PROGRAM$68,517Yes
10.862RURAL DECENTRALIZED WATER SYSTEMS GRANT PROGRAM$58,881Yes
10.862RURAL DECENTRALIZED WATER SYSTEMS GRANT PROGRAM$53,179Yes
10.862RURAL DECENTRALIZED WATER SYSTEMS GRANT PROGRAM$39,210Yes
10.862RURAL DECENTRALIZED WATER SYSTEMS GRANT PROGRAM$35,845Yes
10.862RURAL DECENTRALIZED WATER SYSTEMS GRANT PROGRAM$14,617Yes

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.

Most recent return
990 for 2025-12
Total revenue
$4,125,596
Total assets
$6,582,608
Accounting fees (Part IX line 11c)
$27,117
Paid preparer
STRICKLAND HARDEE PLLC
IRS object id
202641829349300604
NTEE code
C32
Exempt under
501(c)(3)
Ruling year
2010
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 WATER WELL TRUST INC 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. “Water Well Trust Inc, North Carolina Single Audits 2022–2025.” https://getauditradar.com/single-audits/nc/water-well-trust-inc-271659354/. Data as of 2026-11-06.