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DA Form 1599 Initial Listing of Nonappropriated Fund Instrumentalities
The DA Form 1599 is a document used for the Initial Listing of Nonappropriated Fund Instrumentalities (NAFI) under the United States Army. This form is important in keeping track of all NAFIs that are being operated, maintained, or controlled by the US Army. The information collected on this form is used for financial management and reporting purposes, as well as for accountability and transparency.
NAFIs are entities that are not funded by appropriated funds, but rather by income generated by the entity itself. These entities can include recreation centers, golf courses, theaters, post exchanges, and other similar facilities. Because NAFIs are not funded by appropriated funds, they are subject to different financial management and reporting requirements than other Army entities.
The DA Form 1599 is used to identify and collect information on all NAFIs under the US Army. This includes information such as the name and location of the NAFI, the type of business or activity conducted by the NAFI, the date the NAFI was established, and the source of funds used to establish the NAFI. This form is used to create a complete and accurate inventory of all NAFIs under the US Army.
Instruction for DA Form 1599 Initial Listing of Nonappropriated Fund Instrumentalities
The DA Form 1599 is completed by the manager or director of the NAFI. The form must be completed accurately and completely to ensure that all NAFIs are properly accounted for. The completed form must be submitted to the appropriate Army headquarters for review and approval. The Army headquarters will review the form for completeness and accuracy before submitting it to the appropriate financial management organization for further processing.
The instructions for completing the DA Form 1599 are straightforward and easy to follow. The form itself provides detailed instructions for each section. The instructions include information on what information to include in each section, where to find the information, and how to complete the form. The manager or director of the NAFI should carefully review the instructions before completing the form to ensure that all required information is included.
It is important to note that the DA Form 1599 must be updated annually to ensure that the inventory of NAFIs is accurate and up-to-date. Any changes to the NAFI, such as a change in ownership or an addition or deletion of facilities, must be reported on the DA Form 1599.
The Purpose of DA Form 1599 Initial Listing of Nonappropriated Fund Instrumentalities
The purpose of the DA Form 1599 is to provide a complete and accurate inventory of all NAFIs under the US Army. This is important for financial management and reporting purposes, as well as for accountability and transparency. By having a complete inventory of all NAFIs, the Army can ensure that these entities are being properly managed and operated.
The DA Form 1599 is also important for ensuring that NAFIs are properly funded and that the source of funds is properly identified. Because NAFIs are not funded by appropriated funds, it is important to ensure that the income generated by the entity is being used for its intended purpose and is not being misused or mismanaged.
In summary, the DA Form 1599 is an important document for the US Army in managing and reporting on its NAFIs. The form provides a complete and accurate inventory of all NAFIs, which is important for financial management and reporting purposes, as well as for accountability and transparency.