FOUNDATION COMMUNITIES, INC.: Single Audit Reports and Findings

FOUNDATION COMMUNITIES, INC. filed 8 single audits between 2016 and 2025; the most recently observed auditor is NOVOGRADAC & COMPANY LLP (2025), and the 2025 report lists 0 findings. Data as of 2026-09-17.

Data as of Sep 17, 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; FOUNDATION COMMUNITIES, INC. is recorded in AUSTIN, Texas under EIN 742563260, and the Clearinghouse records it as a nonprofit.

Single audits filed by FOUNDATION COMMUNITIES, INC.
Audit yearFiscal year endFederal expendedThreshold appliedAuditor observedFindingsMW / SDFAC report
20252025-12-31$34,282,943$1,000,000NOVOGRADAC & COMPANY LLP02025-12-GSAFAC-0000424976
20222022-12-31$32,111,156$963,335NOVOGRADAC & COMPANY LLP02022-12-CENSUS-0000103219
20212021-12-31$18,433,217$750,000NOVOGRADAC & COMPANY LLP02021-12-CENSUS-0000103219
20202020-12-31$16,566,565$750,000MAXWELL LOCKE & RITTER LLP02020-12-CENSUS-0000103219
20192019-12-31$16,516,042$750,000MAXWELL LOCKE & RITTER LLP02019-12-CENSUS-0000103219
20182018-12-31$19,456,460$750,000MAXWELL LOCKE & RITTER LLP02018-12-CENSUS-0000103219
20172017-12-31$18,472,803$750,000MAXWELL LOCKE & RITTER LLP02017-12-CENSUS-0000103219
20162016-12-31$17,063,842$750,000MAXWELL LOCKE & RITTER LLP02016-12-CENSUS-0000103219

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.

Federal programs on the most recent report
ALNProgramExpendedMajor
14.218COMMUNITY DEVELOPMENT BLOCK GRANTS/ENTITLEMENT GRANTS$8,233,199Yes
14.275HOUSING TRUST FUND$6,000,000No
21.009IRS - CDFI-Capital Magnet Fund$4,000,000Yes
14.256NEIGHBORHOOD STABILIZATION PROGRAM (RECOVERY ACT FUNDED)$3,932,264No
14.218COMMUNITY DEVELOPMENT BLOCK GRANTS/ENTITLEMENT GRANTS$1,600,000Yes
14.239HOME INVESTMENT PARTNERSHIPS PROGRAM$1,450,000No
93.332COOPERATIVE AGREEMENT TO SUPPORT NAVIGATORS IN FEDERALLY-FACILITATED EXCHANGES$1,362,528Yes
14.218COMMUNITY DEVELOPMENT BLOCK GRANTS/ENTITLEMENT GRANTS$1,150,000Yes
14.239HOME INVESTMENT PARTNERSHIPS PROGRAM$1,118,309No
14.218COMMUNITY DEVELOPMENT BLOCK GRANTS/ENTITLEMENT GRANTS$1,101,066Yes
84.251Economic Development Initiative, Community Project Funding, and Miscellaneous Grant$787,659No
14.239HOME INVESTMENT PARTNERSHIPS PROGRAM$786,446No
14.239HOME INVESTMENT PARTNERSHIPS PROGRAM$500,000No
14.239HOME INVESTMENT PARTNERSHIPS PROGRAM$295,690No
14.239HOME INVESTMENT PARTNERSHIPS PROGRAM$294,820No
14.239HOME INVESTMENT PARTNERSHIPS PROGRAM$294,420No
21.009VOLUNTEER INCOME TAX ASSISTANCE (VITA) MATCHING GRANT PROGRAM$289,670Yes
21.009VOLUNTEER INCOME TAX ASSISTANCE (VITA) MATCHING GRANT PROGRAM$276,766Yes
21.116Neighborhood Expendable Grant$257,000No
14.239HOME INVESTMENT PARTNERSHIPS PROGRAM$176,070No
14.239HOME INVESTMENT PARTNERSHIPS PROGRAM$175,750No
84.215INNOVATIVE APPROACHES TO LITERACY; PROMISE NEIGHBORHOODS; FULL-SERVICE COMMUNITY SCHOOLS; AND CONGRESSIONALLY DIRECTED SPENDING FOR ELEMENTARY AND SECONDARY EDUCATION COMMUNITY PROJECTS$163,929No
16.736TRANSITIONAL HOUSING ASSISTANCE FOR VICTIMS OF DOMESTIC VIOLENCE, DATING VIOLENCE, STALKING, OR SEXUAL ASSAULT$29,612No
14.218COMMUNITY DEVELOPMENT BLOCK GRANTS/ENTITLEMENT GRANTS$7,745Yes

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.

Most recent return
990 for 2024-12
Total revenue
$50,038,857
Total assets
$262,878,362
Accounting fees (Part IX line 11c)
$16,171
Paid preparer
NOVOGRADAC & COMPANY LLP
IRS object id
202513189349307476
NTEE code
L20Z
Exempt under
501(c)(3)
Ruling year
1990
BMF release
2026-09-17

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 FOUNDATION COMMUNITIES, 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. “FOUNDATION COMMUNITIES, INC. Single Audits and Findings (TX).” https://getauditradar.com/single-audits/tx/foundation-communities-inc-742563260/. Data as of 2026-09-17.

See Texas audit opportunitiesDownload / cite this data