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.