Hopeworks: Single Audit Reports and Findings
Hopeworks filed 8 single audits between 2016 and 2024; the most recently observed auditor is CORDOVA CPAS LLC (2024), and the 2024 report lists 7 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; Hopeworks is recorded in ALBUQUERUQUE, New Mexico under EIN 850338552, and the Clearinghouse records it as a nonprofit.
| Audit year | Fiscal year end | Federal expended | Threshold applied | Auditor observed | Findings | MW / SD | FAC report |
|---|---|---|---|---|---|---|---|
| 2024 | 2024-06-30 | $3,275,722 | $750,000 | CORDOVA CPAS LLC | 7 | MW | 2024-06-GSAFAC-0000377177 |
| 2022 | 2022-06-30 | $2,280,424 | $750,000 | CORDOVA CPAS LLC | 3 | SD | 2022-06-CENSUS-0000215338 |
| 2021 | 2021-06-30 | $2,618,896 | $750,000 | CORDOVA CPAS LLC | 0 | SD | 2021-06-CENSUS-0000215338 |
| 2020 | 2020-06-30 | $2,513,829 | $750,000 | Waters and Company, LLC | 0 | — | 2020-06-CENSUS-0000215338 |
| 2019 | 2019-06-30 | $1,993,150 | $750,000 | Waters and Company, LLC | 0 | — | 2019-06-CENSUS-0000215338 |
| 2018 | 2018-06-30 | $1,917,741 | $750,000 | Waters and Company, LLC | 0 | — | 2018-06-CENSUS-0000215338 |
| 2017 | 2017-06-30 | $1,890,317 | $750,000 | Waters and Company, LLC | 0 | — | 2017-06-CENSUS-0000215338 |
| 2016 | 2016-06-30 | $1,626,814 | $750,000 | Waters and Company, LLC | 0 | — | 2016-06-CENSUS-0000215338 |
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 |
|---|---|---|---|
| 14.218 | COMMUNITY DEVELOPMENT BLOCK GRANTS/ENTITLEMENT GRANTS | $1,708,799 | Yes |
| 93.243 | SUBSTANCE ABUSE AND MENTAL HEALTH SERVICES PROJECTS OF REGIONAL AND NATIONAL SIGNIFICANCE | $537,880 | No |
| 14.267 | CONTINUUM OF CARE PROGRAM | $460,615 | No |
| 93.558 | TEMPORARY ASSISTANCE FOR NEEDY FAMILIES | $367,658 | No |
| 14.239 | HOME INVESTMENT PARTNERSHIPS PROGRAM | $112,929 | No |
| 93.959 | BLOCK GRANTS FOR PREVENTION AND TREATMENT OF SUBSTANCE ABUSE | $67,525 | No |
| 14.231 | EMERGENCY SOLUTIONS GRANT PROGRAM | $20,316 | 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 |
|---|---|---|---|
| 2024-004 | L | Other | 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
- $6,657,112
- Total assets
- $16,745,350
- IRS object id
- 202631349349306863
- Exempt under
- 501(c)(3)
- Ruling year
- 1986
- BMF release
- 2026-09-17
Read next
- CPA firms that audit New Mexico nonprofits
- New Mexico single audit statistics
- New Mexico 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 Hopeworks 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. “Hopeworks Single Audits and Findings (NM).” https://getauditradar.com/single-audits/nm/hopeworks-850338552/. Data as of 2026-09-18.