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425 Financial Status Report

425 Financial Status Report 2025

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The document is a Federal Financial Report form used for reporting financial information related to federal grants. It includes sections for identifying the federal agency, recipient organization, grant details, accounting basis, reporting periods, cash transactions, expenditures, program income, indirect expenses, and certification by an authorized official. The form aims to ensure accurate reporting and compliance with federal regulations.

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Click ‘Get Form’ to open the 425 Financial Status Report in our editor.
Begin by filling in the 'Federal Agency and Organizational Element' section, ensuring you follow the form instructions for accuracy.
Enter the 'Federal Grant or Other Identifying Number' assigned by the federal agency. If reporting multiple grants, utilize the FFR Attachment.
Complete the 'Recipient Organization' field with your organization's name and full address, including ZIP code.
Provide your DUNS Number and EIN in sections 4a and 4b respectively.
Indicate the project/grant period by entering start and end dates in section 8.
Select the report type and basis of accounting from options provided in sections 6 and 7.
Fill out the transactions section (10) carefully, detailing cash receipts, disbursements, and expenditures as applicable.
In section 12, add any necessary remarks or explanations required by your federal sponsoring agency.
Finally, complete the certification section (13) by signing and providing your contact information before submitting.

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What is the financial status report?

The Financial Status Report (FSR) is compiled monthly, for the operating budget, and quarterly, for the capital budget, to show expenditure and obligation activity in the current year relative to budget levels.

Who needs to file FFR reports?

The Federal Financial Report (FFR) is used to submit financial information about individual grant awards. The FFR is required on an annual basis, except for domestic awards under the Streamlined Noncompeting Award Process (SNAP) and awards that require more frequent reporting as indicated in the Notice of Award.

What is the federal financial report SF-425?

Standard Form SF-425 Federal Financial Report SF-425 is a standard form that recipients of federal funds under COPS Office grant programs (grantees) must use to report cumulative expenses incurred under each award.

What is the difference between SF 270 and SF-425?

The SF-425 provides a cumulative financial status of federal grants, while the SF-270 facilitates requests for funding based on actual cash requirements. Both forms are standardized, requiring specific financial information and certifications to ensure compliance with federal regulations.