2019 Yearly Report

Government 10-K

The federal, state, and local governments that comprise the United States government together create the largest financial entity in the world, yet it can be challenging to determine its performance. While each U.S. publicly-traded company is legally required by the Securities and Exchange Commission (SEC) to submit an annual Form 10-K providing a comprehensive summary of performance, risk factors, and controls to address those risks, the same in-depth analysis of our government is not mandated.

We believe U.S. stakeholders should benefit from the same level of rigor. Welcome to the third edition of the USAFacts United States Governments 10-K.

Read our key takeaways from the 2019 report.

Part I

About This Report

Item 1. Purpose and Function of Our Government

Item 1A. Risk Factors

Item 2. Properties

Item 3. Legal Proceedings

Part II

Item 6. Selected Financial Data

Item 7. Management's Discussion and Analysis of Financial Condition and Results of Operations

Item 7A. Quantitative and Qualitative Disclosures about Market Risk

8. Financial Statements and Supplementary Data

Financial Statements

Notes to Financial Statements

Item 9A. Controls and Procedures

Part III

Item 10. Executive Officers and Governance

Item 11. Executive Officer Compensation

Item 13. Certain Relationships and Related Transactions, and Director Independence

Part IV

Item 15. Exhibits

In preparing the report, we’ve pulled millions of data points from hundreds of government sources to provide you with an in-depth analysis of our nation and changes over time. You will find data around topics such as financial statements, risk assessments, health care, education, jobs, wages, taxes, and more. To help ensure accuracy, we procured independent external verification that the figures in this 10-K report were transferred correctly from our database (or other base sources).

Read past versions of the USAFacts United States Governments 10-K: 2018 | 2017

Use this data in your own analysis

We have also provided XBRL for a portion of our document to participate in the conversation about availability of timely, machine-readable government data. We have used a combination of US-GAAP tags and extensions, including some based on the CAFR demonstration taxonomy. These choices reflect the diversity of government data sources and their accounting bases and the current availability of taxonomies.