Templates | Monitoring and Submonitoring-SF425 Fillable

SF425 Fillable

Pdf Summary

The Federal Financial Report (Standard Form 425) is a mandatory report for recipients of federal grants, used to provide accountability and financial tracking of federal funds awarded. This form, governed by OMB Number 4040-0014 with an expiration date of February 28, 2025, must be submitted to the awarding federal agency and includes detailed information about the grant and recipient organization.<br /><br />Key sections include identification details such as the federal agency, grant number, recipient organization's full name and address, and unique identifiers like UEI and EIN. The report specifies the type of submission (quarterly, semi-annual, annual, or final) and accounting method (cash or accrual). It also covers the grant project period and the reporting period end date.<br /><br />Financial data encompass cumulative transactions, separating federal cash receipts, disbursements, and cash on hand. The report details federal expenditures, unobligated balances, recipient shares of funding and expenditures, and any program income earned and expended under various alternatives. Indirect expenses must be reported with their type, rate, applicable periods, base, amount, and federal share charged.<br /><br />A remarks section allows for additional explanations or compliance-related notes. The form concludes with a mandatory certification where an authorized official certifies the truthfulness and accuracy of the report, acknowledging legal consequences for fraudulent information under specified U.S. Code statutes.<br /><br />Overall, the SF-425 ensures transparency, proper fund utilization, and regulatory compliance by recipients of federal financial assistance. It is a comprehensive tool for federal agencies to monitor financial performance and safeguard taxpayer funds.

Keywords

Federal Financial Report

Standard Form 425

federal grants

OMB Number 4040-0014

grant accountability

financial tracking

UEI

EIN

indirect expenses

certification