Mercy University: Single Audit Reports and Findings
Mercy University filed 10 single audits between 2016 and 2025; the most recently observed auditor is GRANT THORNTON LLP (2025), and the 2025 report lists 8 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; Mercy University is recorded in DOBBS FERRY, New York under EIN 131967321, and the Clearinghouse records it as a higher education institution.
| Audit year | Fiscal year end | Federal expended | Threshold applied | Auditor observed | Findings | MW / SD | FAC report |
|---|---|---|---|---|---|---|---|
| 2025 | 2025-06-30 | $97,848,632 | $750,000 | GRANT THORNTON LLP | 8 | SD | 2025-06-GSAFAC-0000413671 |
| 2024 | 2024-06-30 | $90,699,426 | $750,000 | GRANT THORNTON LLP | 5 | SD | 2024-06-GSAFAC-0000362345 |
| 2023 | 2023-06-30 | $98,329,619 | $750,000 | CBIZ CPAs P.C. | 0 | — | 2023-06-GSAFAC-0000029795 |
| 2022 | 2022-06-30 | $112,400,347 | $750,000 | CBIZ CPAs P.C. | 0 | — | 2022-06-CENSUS-0000184565 |
| 2021 | 2021-06-30 | $102,556,840 | $750,000 | MARKS PANETH LLP | 0 | — | 2021-06-CENSUS-0000184565 |
| 2020 | 2020-06-30 | $107,643,456 | $750,000 | MARKS PANETH LLP | 0 | — | 2020-06-CENSUS-0000184565 |
| 2019 | 2019-06-30 | $90,035,346 | $750,000 | MARKS PANETH LLP | 0 | — | 2019-06-CENSUS-0000184565 |
| 2018 | 2018-06-30 | $93,202,050 | $750,000 | MARKS PANETH LLP | 0 | — | 2018-06-CENSUS-0000184565 |
| 2017 | 2017-06-30 | $97,684,056 | $750,000 | MARKS PANETH LLP | 0 | — | 2017-06-CENSUS-0000184565 |
| 2016 | 2016-06-30 | $102,470,179 | $750,000 | MARKS PANETH LLP | 8 | SD | 2016-06-CENSUS-0000184565 |
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 |
|---|---|---|---|
| 84.268 | FEDERAL DIRECT STUDENT LOANS | $34,256,649 | Yes |
| 84.063 | FEDERAL PELL GRANT PROGRAM | $22,633,312 | Yes |
| 84.268 | FEDERAL DIRECT STUDENT LOANS | $13,740,078 | Yes |
| 84.268 | FEDERAL DIRECT STUDENT LOANS | $11,568,703 | Yes |
| 84.268 | FEDERAL DIRECT STUDENT LOANS | $5,537,068 | Yes |
| 84.031 | HIGHER EDUCATION INSTITUTIONAL AID | $1,430,723 | Yes |
| 84.184 | SCHOOL SAFELY NATIONAL ACTIVITIES | $1,059,118 | Yes |
| 84.033 | FEDERAL WORK-STUDY PROGRAM | $985,412 | Yes |
| 11.028 | CONNECTING MINORITY COMMUNITIES PILOT PROGRAM | $894,465 | No |
| 84.007 | FEDERAL SUPPLEMENTAL EDUCATIONAL OPPORTUNITY GRANTS | $749,722 | Yes |
| 93.925 | SCHOLARSHIPS FOR HEALTH PROFESSIONS STUDENTS FROM DISADVANTAGED BACKGROUNDS | $669,980 | Yes |
| 84.031 | HIGHER EDUCATION INSTITUTIONAL AID | $593,117 | Yes |
| 84.031 | HIGHER EDUCATION INSTITUTIONAL AID | $540,956 | Yes |
| 84.031 | HIGHER EDUCATION INSTITUTIONAL AID | $498,450 | Yes |
| 93.732 | MENTAL AND BEHAVIORAL HEALTH EDUCATION AND TRAINING GRANTS | $461,921 | No |
| 84.425 | EDUCATION STABILIZATION FUND | $408,138 | No |
| 84.042 | TRIO STUDENT SUPPORT SERVICES | $363,746 | No |
| 93.264 | NURSE FACULTY LOAN PROGRAM (NFLP) | $298,861 | Yes |
| 84.120 | MINORITY SCIENCE AND ENGINEERING IMPROVEMENT | $260,055 | No |
| 84.217 | TRIO MCNAIR POST-BACCALAUREATE ACHIEVEMENT | $255,784 | No |
| 47.076 | STEM EDUCATION (FORMERLY EDUCATION AND HUMAN RESOURCES) | $133,280 | No |
| 16.525 | GRANTS TO REDUCE DOMESTIC VIOLENCE, DATING VIOLENCE, SEXUAL ASSAULT, AND STALKING ON CAMPUS | $125,995 | No |
| 84.377 | SCHOOL IMPROVEMENT GRANTS | $117,969 | No |
| 12.905 | CYBERSECURITY CORE CURRICULUM | $102,718 | No |
| 93.279 | DRUG USE AND ADDICTION RESEARCH PROGRAMS | $58,314 | 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 |
|---|---|---|---|
| 2025-001 | N | Significant deficiency | Yes |
| 2025-002 | I | Significant deficiency | No |
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
- $227,950,801
- Total assets
- $726,585,185
- NTEE code
- B420
- Exempt under
- 501(c)(3)
- Ruling year
- 1971
- BMF release
- 2026-09-17
Read next
- CPA firms that audit New York nonprofits
- New York single audit statistics
- New York 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 Mercy 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. “Mercy University Single Audits and Findings (NY).” https://getauditradar.com/single-audits/ny/mercy-university-131967321/. Data as of 2026-09-18.