APPENDIX A 222

Appendix A: Reporting Entity

This appendix lists the entities (consolidation or disclosure entities) included in the U.S. government’s Financial 

Report, as well as related parties. SFFAS No. 47, Reporting Entity, provides guidance for identifying entities that are 

consolidation entities, disclosure entities, and related parties. 

The Financial Report includes all organizations meeting the inclusion principles of (a) budgeted for by elected officials 

of the government, (b) owned by the government, and (c) controlled by the government with risk of loss or expectation of 

benefits. In addition, the Financial Report includes organizations where it would be misleading to exclude even though the 

organization does not meet any of the three inclusion principles. If an organization meets the inclusion principles, a 

determination of consolidation or disclosure is made.

SFFAS No. 47 identifies consolidation entities as organizations that should be consolidated in the financial statements 

based on the assessment of the following characteristics as a whole, the organization: (a) is financed through taxes and other 

non-exchange revenues, (b) is governed by the Congress or the President, (c) imposes or may impose risks and rewards to the 

government, and (d) provides goods and services on a non-market basis. It also includes organizations that would result in 

misleading or incomplete financial statements, if excluded. 

Disclosure entities are entities with which the federal government has relationships that meet the inclusion criteria in 

SFFAS No. 47, but are afforded a greater degree of autonomy than consolidation entities. These entities may maintain a 

separate legal identity, have a governance structure that vests most decision-making authorities in a governing body to 

insulate the organization from political influence, and/or have relative financial independence. Other organizations that are 

owned or controlled by the government as a result of regulatory actions, or other government intervention actions are,

generally, deemed to be disclosure entities if the relationship with the government is not expected to be permanent. 

Related parties exist if the existing relationship, or one party to the existing relationship, has the ability to exercise 

significant influence over the other party’s policy decisions. Related parties do not meet the principles for inclusion, but are 

reported in the Financial Report, if they maintain relationships of such significance that it would be misleading to exclude.

1. Consolidation Entities included in the Financial Report:

There are a total of 162 entities that meet the consolidation criteria, and as such are included in the Financial Report. 

The lists below describe three groups of consolidation entities that comprise the consolidated governmentwide reporting 

entity for the Financial Report and include entities from all three branches of government.

Twenty-Four Chief Financial Officer Act Consolidation Entities

Department of Agriculture

www.usda.gov

Department of Labor

www.dol.gov

Department of Commerce

www.doc.gov

Department of State

www.state.gov

Department of Defense

www.defense.gov

Department of Transportation

www.dot.gov

Department of Education

www.ed.gov

Department of the Treasury

www.treasury.gov

Department of Energy

www.energy.gov

Department of Veterans Affairs

www.va.gov

Department of Health and Human Services

www.hhs.gov

Environmental Protection Agency

www.epa.gov

Department of Homeland Security

www.dhs.gov

General Services Administration

www.gsa.gov

Department of Housing and Urban Development

www.hud.gov

National Aeronautics and Space Administration

www.nasa.gov

Department of the Interior

www.doi.gov

National Science Foundation

www.nsf.gov

Department of Justice

www.usdoj.gov

Office of Personnel Management

www.opm.gov
 223 APPENDIX A

Small Business Administration

www.sba.gov

U.S. Agency for International Development

www.usaid.gov

Social Security Administration

www.ssa.gov

U.S. Nuclear Regulatory Commission

www.nrc.gov

Sixteen Additional Significant Consolidation Entities

Export-Import Bank of the U.S. 

www.exim.gov

Farm Credit System Insurance Corporation

www.fcsic.gov

Federal Communications Commission

www.fcc.gov

Federal Deposit Insurance Corporation

www.fdic.gov

General Fund of the U.S. Government

www.fiscal.treasury.gov/general-fund

Millennium Challenge Corporation

www.mcc.gov

National Credit Union Administration

www.ncua.gov

National Railroad Retirement Investment Trust

www.rrb.gov

Overseas Private Investment Corporation

www.opic.gov

Pension Benefit Guaranty Corporation

www.pbgc.gov

Railroad Retirement Board 

www.rrb.gov

Securities and Exchange Commission

www.sec.gov

Security Assistance Accounts

www.dsca.mil

Smithsonian Institution

www.si.edu

Tennessee Valley Authority

www.tva.gov

U.S. Postal Service

www.usps.com

One Hundred Twenty-two Additional Consolidation Entities

Access Board Congressional-Executive Commission on the People’s 

Administrative Conference of the U.S. Republic of China

Advisory Council on Historic Preservation Consumer Product Safety Commission

African Development Foundation Corporation for National and Community Service

American Battle Monuments Commission Council of the Inspector General on Integrity and

Appalachian Regional Commission Efficiency

Architect of the Capitol Court of Appeals for Veterans Claims

Armed Forces Retirement Home Court Services and Offender Supervision Agency for DC

Barry Goldwater Scholarship and Excellence in DC Courts

 Education Foundation DC Courts–Defender Services

Broadcasting Board of Governors Defense Nuclear Facilities Safety Board

Bureau of Consumer Financial Protection Delta Regional Authority

Central Intelligence Agency Denali Commission

Chemical Safety and Hazard Investigation Board Dwight D. Eisenhower Memorial Commission

Christopher Columbus Fellowship Foundation Election Assistance Commission

Commission for the Preservation of America’s Environmental Dispute Resolution Fund

 Heritage Abroad Equal Employment Opportunity Commission

Commission on Civil Rights Executive Office of the President

Commission of Fine Arts Farm Credit Administration

Commission on International Religious Freedom Federal Election Commission

Commission on Security and Cooperation in Europe Federal Financial Institutions Examination Council

Commission to Eliminate Child Abuse and Neglect Federal Housing Finance Agency

 Fatalities* Federal Labor Relations Authority

Committee for Purchase from People Who Are Blind Federal Maritime Commission

 or Severely Disabled Federal Mediation and Conciliation Service

Commodity Futures Trading Commission Federal Mine Safety and Health Review Commission

Congressional Budget Office Federal Trade Commission
APPENDIX A 224

Government Accountability Office National Transportation Safety Board

Government Publishing Office Neighborhood Reinvestment Corporation

Gulf Coast Ecosystem Restoration Council Northern Border Regional Commission

Harry S. Truman Scholarship Foundation Nuclear Waste Technical Review Board

House of Representatives Occupational Safety and Health Review Commission

Indian Law and Order Commission* Office of Congressional Workplace Rights

Institute of Museum and Library Services Office of Government Ethics

Intelligence Community Management Account Office of Navajo and Hopi Indian Relocation

Inter-American Foundation Office of Nuclear Waste Negotiator*

International Trade Commission Office of Special Counsel

James Madison Memorial Fellowship Foundation Office of the Federal Coordination for Alaska Natural

Japan-U.S. Friendship Commission Gas Transportation Projects*

John C. Stennis Center for Public Service Open World Leadership Center

 Training and Development Patient Centered Outcomes Research Trust Fund

John F. Kennedy Center for the Performing Arts Peace Corps

Judiciary Presidio Trust

Library of Congress Privacy and Civil Liberties Oversight Board

Marine Mammal Commission Public Building Reform Board

Medicaid and Children’s Health Insurance Program Public Defender Service for the DC

 Payment and Access Commission Recovery Act Accountability and Transparency Board*

Medicare Payment Advisory Commission Selective Service System

Merit Systems Protection Board Senate Commission on Art

Military Compensation and Retirement Modernization St. Lawrence Seaway Development Corporation

 Commission* State Justice Institute

Morris K. Udall and Stewart L. Udall Surface Transportation Board

 Foundation Thrift Savings Fund

National Archives and Records Administration U.S. Capitol Police

National Capital Planning Commission U.S. Capitol Preservation Commission

National Commission on Military Aviation Safety U.S. China Economic and Security Review Commission

National Commission on Military, National and Public U.S. Holocaust Memorial Museum

 Service U.S. Institute of Peace

National Council on Disability U.S. Interagency Council on Homelessness

National Endowment for the Arts U.S. Semiquincentennial Commission

National Endowment for the Humanities U.S. Senate

National Gallery of Art U.S. Tax Court

National Labor Relations Board U.S. Trade and Development Agency

National Mediation Board Vietnam Education Foundation

National Railroad Passenger Corporation, Office of the Western Hemisphere Drug Policy Commission

 Inspector General Women’s Suffrage Centennial Commission

National Security Commission on Artificial Woodrow Wilson International Center for Scholars

 Intelligence WWI Centennial Commission

*These entities are no longer active and have either returned all remaining fund balances to Treasury during fiscal year 2019

or have remaining fund balances pending final return to Treasury as of September 30, 2019.
 225 APPENDIX A

2. Disclosure Entities and Related Parties of the Financial Report

The entities included below, after considering various factors including quantitative and qualitative materiality, meet the 

criteria of SFFAS No. 47 to be reported as disclosure entities or related parties in the Financial Report. Information about the 

government’s relationship with these entities is disclosed in Note 25—Disclosure Entities and Related Parties. Additionally, 

component entities have also identified additional disclosure entities and related parties that do not meet the qualitative or 

quantitative criteria in SFFAS No. 47 to be reported in the Financial Report and are not included in the entities below. The 

component entity of each disclosure entity is provided in the brackets below. Refer to the financial reports of the component 

entities for more information on additional disclosure entities and related parties.

Disclosure Entities

Amtrak (National Railroad Passenger Service Corp) [DOT]

Federal Home Loan Mortgage Corporation (Freddie Mac) [Treasury]/[FHFA] 

Federal National Mortgage Association (Fannie Mae) [Treasury]/[FHFA]

Federal Reserve System [Treasury]

Related Parties 

Federal Home Loan Banks [FHFA]

International Monetary Fund and Multilateral Development Banks [Treasury]

Private Export Funding Corporation [EXIM]