Accounting Treatment for In kind Donations скачать в хорошем качестве

Accounting Treatment for In kind Donations

In this video, we break down: • What qualifies as a non-cash donation • When contributed services must be recorded under GAAP (including ASU 2020-07) • How to determine fair market value • Financial statement presentation and disclosure requirements • IRS reporting rules (Form 990, Schedule M, Form 8283, and Form 8282) • Donor deduction rules and key tax considerations • Unrelated business income exceptions (including donated merchandise sales) • Governance best practices and board responsibilities Accurate tracking of non-cash contributions isn’t just technical compliance—it’s strategic. Proper reporting protects your tax-exempt status, improves transparency, strengthens donor confidence, and prevents unexpected financial gaps. As you plan for 2026, make sure your organization values, reports, and governs non-cash donations the right way. ___________________________________ Thanks so much for watching! If you’d like to stay connected beyond YouTube, I’d love to have you join me on my other platforms. LinkedIn: linkedin.com/in/sandraraycpa Facebook:   / sandraraycpa   No Nonsense Nonprofits Facebook group:   / nononesensenonprofits   Instagram:   / sandraraycpa   Threads: https://www.threads.com/@sandraraycpa Website: sandraraycpa.com