Lorain Bilingual Preparatory Academy: Single Audit Reports and Findings
Lorain Bilingual Preparatory Academy filed 3 single audits between 2022 and 2024; the most recently observed auditor is REA & ASSOCIATES, INC. (2024), and the 2024 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; Lorain Bilingual Preparatory Academy is recorded in LORAIN, Ohio under EIN 825246755, and the Clearinghouse records it as a local government.
| Audit year | Fiscal year end | Federal expended | Threshold applied | Auditor observed | Findings | MW / SD | FAC report |
|---|---|---|---|---|---|---|---|
| 2024 | 2024-06-30 | $834,527 | $750,000 | REA & ASSOCIATES, INC. | 0 | — | 2024-06-GSAFAC-0000349318 |
| 2023 | 2023-06-30 | $1,174,820 | $750,000 | REA & ASSOCIATES, INC. | 0 | — | 2023-06-GSAFAC-0000019708 |
| 2022 | 2022-06-30 | $970,269 | $750,000 | KEITH FABER, AUDITOR OF STATE | 0 | — | 2022-06-CENSUS-0000257638 |
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 |
|---|---|---|---|
| 84.010 | TITLE I GRANTS TO LOCAL EDUCATIONAL AGENCIES | $292,678 | No |
| 84.287 | TWENTY-FIRST CENTURY COMMUNITY LEARNING CENTERS | $170,000 | No |
| 10.555 | NATIONAL SCHOOL LUNCH PROGRAM | $135,388 | Yes |
| 21.027 | CORONAVIRUS STATE AND LOCAL FISCAL RECOVERY FUNDS | $100,000 | No |
| 84.027 | SPECIAL EDUCATION GRANTS TO STATES | $62,237 | No |
| 10.553 | SCHOOL BREAKFAST PROGRAM | $52,060 | Yes |
| 84.365 | ENGLISH LANGUAGE ACQUISITION STATE GRANTS | $15,926 | No |
| 84.425 | EDUCATION STABILIZATION FUND | $6,238 | 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.
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.
- Total revenue
- $3,487,391
- Total assets
- $3,267,944
- NTEE code
- B29
- Exempt under
- 501(c)(3)
- Ruling year
- 2019
- 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 Lorain Bilingual Preparatory 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. “Lorain Bilingual Preparatory Academy Single Audits.” https://getauditradar.com/single-audits/oh/lorain-bilingual-preparatory-academy-825246755/. Data as of 2026-09-18.