Email Print Share

FY 2021 Agency Financial Report (AFR) - Table of Contents

NSF Mission and Vision Statement
About This Report
Table of Contents
A Message from the Director

Chapter 1 - Management's Discussion and Analysis (MD&A)

Agency Overview Mission and Vision NSF by the Numbers COVID-19 Activities Organizational Structure Management Challenges

Performance Progress Toward Achievement of Performance Goals Renewing NSF Proposal Workload and Management Trends

Financial Discussion and Analysis Understanding the Financial Statements Limitations of the Financial Statements Other Financial Reporting Information

Analysis of Systems, Controls, and Legal Compliance Statement of Assurance Management Assurances Highlights from NSF's FY 2021 Data Analytics and Assurance Program Management's Responsibility for ERM and Internal Control - OMB Circular A-123, and Management of Reporting and Data Integrity Risks, Appendix A Requirements for a Risk Management Framework for Government Charge Card Programs - OMB Circular A-123, Appendix B Requirements for Payment Integrity Improvement Act- OMB Circular A-123, Appendix C Compliance with the Federal Financial Management Improvement Act - OMB Circular A-123, Appendix D Other Federal Reporting and Disclosures Financial System Strategy and Framework

Chapter 2 - Financials

Independent Auditor's Report and Management's Response
Financial Statements, Notes, and Required Supplementary Information Financial Statements Notes to the Financial Statements Required Supplementary Information Deferred Maintenance and Repairs Budgetary Resources by Major Budget Accounts

Chapter 3 - Appendices (Other Information)

  1. Summary of NSF FY 2021 Financial Statement Audit and Management Assurances
    1. Table 3.1 Summary of Financial Statement Audit
    2. Table 3.2 Summary of Management Assurances
  2. Management Challenges
    1. Inspector General Memorandum on FY 2022 Management Challenges
    2. Management Challenges - NSF Response
  3. Payment Integrity Information Act Reporting
  4. Civil Monetary Penalty Adjustment for Inflation
  5. Grants Programs Reporting
  6. Undisbursed Balances in Expired Grant Accounts
  7. Awards to Affiliated Institutions
  8. Awards to Assistant Director IPAs' Home Institutions
  9. NSF Senior Management and National Science Board
  10. Patents and Inventions Resulting from NSF Support
  11. Acronyms

PDF Entire Report (4.9 MB)

List of Figures and Tables

To provide suggestions on how to make this report more informative, please contact us at