Furman University: Single Audit Reports and Findings

Furman University filed 10 single audits between 2016 and 2025; the most recently observed auditor is CLIFTONLARSONALLEN LLP (2025), and the 2025 report lists 1 finding. 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; Furman University is recorded in GREENVILLE, South Carolina under EIN 570314395, 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 Furman University
Audit yearFiscal year endFederal expendedThreshold appliedAuditor observedFindingsMW / SDFAC report
20252025-06-30$16,249,064$750,000CLIFTONLARSONALLEN LLP1SD2025-06-GSAFAC-0000405733
20242024-06-30$14,378,780$750,000CLIFTONLARSONALLEN LLP2SD2024-06-GSAFAC-0000346600
20232023-06-30$13,602,876$750,000CLIFTONLARSONALLEN LLP2SD2023-06-GSAFAC-0000019234
20222022-06-30$17,132,213$750,000CHERRY BEKAERT LLP1—2022-06-CENSUS-0000083401
20212021-06-30$14,816,876$750,000CHERRY BEKAERT LLP0—2021-06-CENSUS-0000083401
20202020-06-30$17,606,858$750,000CHERRY BEKAERT LLP1—2020-06-CENSUS-0000083401
20192019-06-30$18,531,906$750,000CHERRY BEKAERT LLP0—2019-06-CENSUS-0000083401
20182018-06-30$19,963,046$750,000CHERRY BEKAERT LLP1—2018-06-CENSUS-0000083401
20172017-06-30$21,107,364$750,000CHERRY BEKAERT LLP1—2017-06-CENSUS-0000083401
20162016-06-30$19,633,211$750,000CHERRY BEKAERT LLP0—2016-06-CENSUS-0000083401

When is the next single audit due?

If Furman University is again required to have a single audit for the fiscal year ending Jun 30, 2026, the reporting package is due to the Federal Audit Clearinghouse by Mar 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
84.268FEDERAL DIRECT STUDENT LOANS$9,922,841Yes
84.063FEDERAL PELL GRANT PROGRAM$2,248,156Yes
84.007FEDERAL SUPPLEMENTAL EDUCATIONAL OPPORTUNITY GRANTS$483,456Yes
43.001SCIENCE$469,629No
47.049MATHEMATICAL AND PHYSICAL SCIENCES$391,455No
47.076STEM EDUCATION (FORMERLY EDUCATION AND HUMAN RESOURCES)$240,943No
94.006AMERICORPS STATE AND NATIONAL 94.006$221,438No
93.859BIOMEDICAL RESEARCH AND RESEARCH TRAINING$184,839No
93.859BIOMEDICAL RESEARCH AND RESEARCH TRAINING$183,146No
93.304RACIAL AND ETHNIC APPROACHES TO COMMUNITY HEALTH$182,165No
47.075SOCIAL, BEHAVIORAL, AND ECONOMIC SCIENCES$165,046No
84.033FEDERAL WORK-STUDY PROGRAM$155,404Yes
47.049MATHEMATICAL AND PHYSICAL SCIENCES$141,374No
47.049MATHEMATICAL AND PHYSICAL SCIENCES$117,567No
93.847DIABETES, DIGESTIVE, AND KIDNEY DISEASES EXTRAMURAL RESEARCH$113,205No
47.049MATHEMATICAL AND PHYSICAL SCIENCES$90,881No
93.137COMMUNITY PROGRAMS TO IMPROVE MINORITY HEALTH$81,042No
47.049MATHEMATICAL AND PHYSICAL SCIENCES$70,702No
47.074BIOLOGICAL SCIENCES$67,079No
11.431CLIMATE AND ATMOSPHERIC RESEARCH$65,999No
93.243SUBSTANCE ABUSE AND MENTAL HEALTH SERVICES PROJECTS OF REGIONAL AND NATIONAL SIGNIFICANCE$64,348No
10.731INFLATION REDUCTION ACT LANDSCAPE SCALE RESTORATION$51,835No
93.859BIOMEDICAL RESEARCH AND RESEARCH TRAINING$49,350No
93.859BIOMEDICAL RESEARCH AND RESEARCH TRAINING$49,041No
47.074BIOLOGICAL SCIENCES$42,284No

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.

Findings on the most recent report
ReferenceRequirementSeverityRepeat
2025-001Reporting (L)Significant deficiencyNo

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
$296,850,871
Total assets
$1,449,547,125
NTEE code
B420
Exempt under
501(c)(3)
Ruling year
1937
BMF release
2026-10-20

Read next

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 Furman 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. “Furman University, South Carolina Single Audits 2016–2025.” https://getauditradar.com/single-audits/sc/furman-university-570314395/. Data as of 2026-11-06.