Per FFATA, entities must report the executive compensation of their five most highly compensated officers when the following three conditions are met:
- During the preceding fiscal year, the entity received 80 percent or more of its annual gross revenues from federal awards.
- The entity received $25M or more in annual gross revenues from federal awards.
- The public does not have access to the compensation information through periodic reports filed under the Securities and Exchange Act of 1934 or the Internal Revenue Code of 1986.
- If these conditions aren’t met, recipients aren’t required to provide executive compensation data.