Michigan charities that raise $575,000 or more need audited financial statements to keep their registration current, and federal grants can trigger a Single Audit. Our two-page checklist shows what your organization is required to do and how to get the books ready before fieldwork starts.
Get the Free ChecklistMichigan charities registered to solicit need audited statements once contributions, plus net event and gaming income, less government grants, reach $575,000.
From $325,000 up to $575,000, Michigan requires financial statements reviewed or audited by a CPA.
Spending $1,000,000 or more in federal awards in a fiscal year beginning on or after October 1, 2024 triggers a federal Single Audit.
Grant agreements, loan covenants and your own bylaws can require an audit at any size.
General information from the Michigan Attorney General’s renewal solicitation form (CTS-02) and the Federal Audit Clearinghouse, as of October 2026. It is not legal or tax advice.
A nonprofit leader who has answered to boards and funders, and a CPA who has performed audits and reviews.
Founding Partner
Ben has led from the nonprofit side of the table. He grew an international nonprofit to 45 locations across 12 countries and raised more than $1.3 million in a single 15-minute talk, so he knows what boards, funders and leadership teams need to see in the numbers.
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Founding & Managing Partner
Steve is a practicing CPA who specialized in audits and reviews in public accounting. As a commercial lender at The Bank of Holland, he also learned how banks read a set of financial statements, so he knows what auditors and stakeholders will look for.
Read full bioCRWN holds a Michigan CPA firm permit. Audit and review services are provided only where CRWN is licensed and independent of the organization.