Wisconsin Women's Business Initiative Corporation: Single Audit Reports and Findings
Wisconsin Women's Business Initiative Corporation filed 10 single audits between 2016 and 2025; the most recently observed auditor is WIPFLI LLP (2025), and the 2025 report lists 10 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; Wisconsin Women's Business Initiative Corporation is recorded in MILWAUKEE, Wisconsin under EIN 391597954, and the Clearinghouse records it as a nonprofit.
| Audit year | Fiscal year end | Federal expended | Threshold applied | Auditor observed | Findings | MW / SD | FAC report |
|---|---|---|---|---|---|---|---|
| 2025 | 2025-12-31 | $4,961,509 | $1,000,000 | WIPFLI LLP | 10 | SD | 2025-12-GSAFAC-0000424190 |
| 2024 | 2024-12-31 | $5,260,149 | $750,000 | WIPFLI LLP | 33 | MW / SD | 2024-12-GSAFAC-0000384236 |
| 2023 | 2023-12-31 | $10,214,603 | $750,000 | RITZ HOLMAN LLP | 5 | SD | 2023-12-GSAFAC-0000058258 |
| 2022 | 2022-12-31 | $10,008,417 | $750,000 | RITZ HOLMAN LLP | 0 | — | 2022-12-CENSUS-0000060152 |
| 2021 | 2021-12-31 | $10,810,201 | $750,000 | RITZ HOLMAN LLP | 0 | — | 2021-12-CENSUS-0000060152 |
| 2020 | 2020-12-31 | $10,682,882 | $750,000 | RITZ HOLMAN LLP | 0 | — | 2020-12-CENSUS-0000060152 |
| 2019 | 2019-12-31 | $10,966,179 | $750,000 | RITZ HOLMAN LLP | 0 | — | 2019-12-CENSUS-0000060152 |
| 2018 | 2018-12-31 | $9,013,146 | $750,000 | RITZ HOLMAN LLP | 0 | — | 2018-12-CENSUS-0000060152 |
| 2017 | 2017-12-31 | $8,283,470 | $750,000 | RITZ HOLMAN LLP | 0 | — | 2017-12-CENSUS-0000060152 |
| 2016 | 2016-12-31 | $7,327,506 | $750,000 | RITZ HOLMAN LLP | 0 | — | 2016-12-CENSUS-0000060152 |
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 |
|---|---|---|---|
| 59.046 | MICROLOAN PROGRAM | $2,212,694 | Yes |
| 59.043 | WOMEN'S BUSINESS OWNERSHIP ASSISTANCE | $646,320 | No |
| 10.870 | RURAL MICROENTREPRENEUR ASSISTANCE PROGRAM | $468,052 | No |
| 59.044 | VETERANS OUTREACH PROGRAM | $357,848 | No |
| 21.020 | COMMUNITY DEVELOPMENT FINANCIAL INSTITUTIONS PROGRAM | $221,158 | No |
| 14.218 | COMMUNITY DEVELOPMENT BLOCK GRANTS/ENTITLEMENT GRANTS | $220,540 | Yes |
| 21.020 | COMMUNITY DEVELOPMENT FINANCIAL INSTITUTIONS PROGRAM | $157,500 | No |
| 14.218 | COMMUNITY DEVELOPMENT BLOCK GRANTS/ENTITLEMENT GRANTS | $129,933 | Yes |
| 14.218 | COMMUNITY DEVELOPMENT BLOCK GRANTS/ENTITLEMENT GRANTS | $105,000 | Yes |
| 14.870 | RESIDENT OPPORTUNITY AND SUPPORTIVE SERVICES - SERVICE COORDINATORS | $105,000 | No |
| 14.218 | COMMUNITY DEVELOPMENT BLOCK GRANTS/ENTITLEMENT GRANTS | $91,217 | Yes |
| 21.033 | COMMUNITY DEVELOPMENT FINANCIAL INSTITUTIONS FUND EQUITABLE RECOVERY PROGRAM (CDFI ERP) | $66,641 | No |
| 14.218 | COMMUNITY DEVELOPMENT BLOCK GRANTS/ENTITLEMENT GRANTS | $65,000 | Yes |
| 14.218 | COMMUNITY DEVELOPMENT BLOCK GRANTS/ENTITLEMENT GRANTS | $50,000 | Yes |
| 14.218 | COMMUNITY DEVELOPMENT BLOCK GRANTS/ENTITLEMENT GRANTS | $34,605 | Yes |
| 14.218 | COMMUNITY DEVELOPMENT BLOCK GRANTS/ENTITLEMENT GRANTS | $30,000 | Yes |
| 14.218 | COMMUNITY DEVELOPMENT BLOCK GRANTS/ENTITLEMENT GRANTS | $1 | Yes |
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 | B | Significant deficiency | Yes |
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
- $8,906,648
- Total assets
- $40,524,297
- Accounting fees (Part IX line 11c)
- $56,996
- Paid preparer
- WIPFLI ADVISORY LLC
- IRS object id
- 202513219349317156
- Exempt under
- 501(c)(3)
- Ruling year
- 1988
- BMF release
- 2026-09-17
Read next
- CPA firms that audit Wisconsin nonprofits
- Wisconsin single audit statistics
- Wisconsin 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 Wisconsin Women's Business Initiative Corporation 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. “Wisconsin Women's Business Initiative Co Single Audits.” https://getauditradar.com/single-audits/wi/wisconsin-women-s-business-initiative-corporation-391597954/. Data as of 2026-09-17.