THE LAKOTA FUND, INC.: Single Audit Reports and Findings
THE LAKOTA FUND, INC. filed 3 single audits between 2016 and 2024; the most recently observed auditor is KETEL THORSTENSON, LLP (2024), and the 2024 report lists 0 findings, including 1 material weakness. Data as of 2026-09-14.
Data as of Sep 14, 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; THE LAKOTA FUND, INC. is recorded in KYLE, South Dakota under EIN 460421416, and the Clearinghouse records it as a tribal government.
| Audit year | Fiscal year end | Federal expended | Threshold applied | Auditor observed | Findings | MW / SD | FAC report |
|---|---|---|---|---|---|---|---|
| 2024 | 2024-12-31 | $5,365,816 | $750,000 | KETEL THORSTENSON, LLP | 0 | MW | 2024-12-GSAFAC-0000369046 |
| 2021 | 2021-12-31 | $2,092,621 | $750,000 | DANA F. COLE & COMPANY, LLP | 0 | — | 2021-12-CENSUS-0000069072 |
| 2016 | 2016-12-31 | $969,570 | $750,000 | DANA F. COLE & COMPANY, LLP | 0 | — | 2016-12-CENSUS-0000069072 |
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 |
|---|---|---|---|
| 11.307 | ECONOMIC ADJUSTMENT ASSISTANCE | $1,647,220 | No |
| 21.033 | COMMUNITY DEVELOPMENT FINANCIAL INSTITUTIONS FUND EQUITABLE RECOVERY PROGRAM (CDFI ERP) | $1,396,710 | Yes |
| 21.012 | NATIVE INITIATIVES | $1,265,000 | Yes |
| 99.U01 | NeighborWorks® America | $619,894 | No |
| 93.612 | NATIVE AMERICAN PROGRAMS | $311,992 | No |
| 14.252 | SECTION 4 CAPACITY BUILDING FOR COMMUNITY DEVELOPMENT AND AFFORDABLE HOUSING | $125,000 | 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
- $8,006,642
- Total assets
- $31,952,863
- NTEE code
- S430
- Exempt under
- 501(c)(3)
- Ruling year
- 1992
- 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 THE LAKOTA FUND, 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. “THE LAKOTA FUND, INC. Single Audits and Findings (SD).” https://getauditradar.com/single-audits/sd/the-lakota-fund-inc-460421416/. Data as of 2026-09-14.