Lane College: Single Audit Reports and Findings
Lane College filed 9 single audits between 2016 and 2025; the most recently observed auditor is SB & COMPANY, LLC (2025), and the 2025 report lists 7 findings, including 1 material weakness. Data as of 2026-09-16.
Data as of Sep 16, 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; Lane College is recorded in JACKSON, Tennessee under EIN 620570060, 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 | $13,507,443 | $750,000 | SB & COMPANY, LLC | 7 | MW / SD | 2025-06-GSAFAC-0000413772 |
| 2024 | 2024-06-30 | $8,555,161 | $750,000 | Hoskins & Company | 1 | SD | 2024-06-GSAFAC-0000362508 |
| 2023 | 2023-06-30 | $20,470,498 | $750,000 | HOSKINS & COMPANY P.C | 0 | — | 2023-06-GSAFAC-0000052419 |
| 2021 | 2021-06-30 | $21,100,768 | $750,000 | HOSKINS & COMPANY P.C | 0 | — | 2021-06-CENSUS-0000093141 |
| 2020 | 2020-06-30 | $20,994,435 | $750,000 | HOSKINS & COMPANY P.C | 2 | SD | 2020-06-CENSUS-0000093141 |
| 2019 | 2019-06-30 | $20,320,215 | $750,000 | HOSKINS & COMPANY P.C | 0 | — | 2019-06-CENSUS-0000093141 |
| 2018 | 2018-06-30 | $20,035,058 | $750,000 | HOSKINS & COMPANY | 0 | — | 2018-06-CENSUS-0000093141 |
| 2017 | 2017-06-30 | $21,612,069 | $750,000 | HOSKINS & COMPANY | 0 | — | 2017-06-CENSUS-0000093141 |
| 2016 | 2016-06-30 | $22,205,147 | $750,000 | HOSKINS & COMPANY | 0 | — | 2016-06-CENSUS-0000093141 |
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 |
|---|---|---|---|
| 84.063 | FEDERAL PELL GRANT PROGRAM | $4,543,104 | Yes |
| 84.268 | FEDERAL DIRECT STUDENT LOANS | $4,214,970 | Yes |
| 84.031 | HIGHER EDUCATION INSTITUTIONAL AID | $2,476,810 | Yes |
| 84.007 | FEDERAL SUPPLEMENTAL EDUCATIONAL OPPORTUNITY GRANTS | $583,173 | Yes |
| 84.031 | HIGHER EDUCATION INSTITUTIONAL AID | $504,334 | Yes |
| 47.076 | STEM EDUCATION (FORMERLY EDUCATION AND HUMAN RESOURCES) | $401,938 | No |
| 11.028 | CONNECTING MINORITY COMMUNITIES PILOT PROGRAM | $274,268 | No |
| 84.033 | FEDERAL WORK-STUDY PROGRAM | $255,064 | Yes |
| 47.076 | STEM EDUCATION (FORMERLY EDUCATION AND HUMAN RESOURCES) | $116,351 | No |
| 81.049 | OFFICE OF SCIENCE FINANCIAL ASSISTANCE PROGRAM | $84,826 | No |
| 47.076 | STEM EDUCATION (FORMERLY EDUCATION AND HUMAN RESOURCES) | $52,605 | 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 |
|---|---|---|---|
| 2025-002 | N | Significant deficiency | Yes |
| 2025-003 | N | Significant deficiency | No |
| 2025-004 | N | Material weakness / Questioned costs | No |
| 2025-005 | N | Material weakness | No |
| 2025-006 | N | Significant deficiency | No |
| 2025-007 | N | Material weakness | No |
| 2025-008 | N | Material weakness | 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
- $23,299,648
- Total assets
- $67,567,408
- NTEE code
- B42Z
- Exempt under
- 501(c)(3)
- Ruling year
- 1954
- BMF release
- 2026-09-17
Read next
- CPA firms that audit Tennessee nonprofits
- Tennessee single audit statistics
- Tennessee 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 Lane College 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. “Lane College Single Audits and Findings (TN).” https://getauditradar.com/single-audits/tn/lane-college-620570060/. Data as of 2026-09-16.