neeter83
Level 2
03-08-2022
07:32 AM
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Where do I report donations for a building on the 990?
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sjrcpa
Level 15
03-08-2022
08:19 AM
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Donations received?
Or donations made ?
The more I know the more I don’t know.
neeter83
Level 2
03-18-2022
03:13 PM
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Received
IRonMaN
Level 15
03-18-2022
03:17 PM
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Contributions sounds like a good spot.
Slava Ukraini!
neeter83
Level 2
03-18-2022
03:22 PM
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They are not contributions
IRonMaN
Level 15
03-18-2022
03:24 PM
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If donations aren't contributions, what are they?
Out of curiosity, have you previously prepared any 990 returns?
Slava Ukraini!
qbteachmt
Level 15
03-18-2022
06:11 PM
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"They are not contributions"
Are they Loans to be repaid? Are they Promises (pledges)?
They are Pledges if they would be returned upon failure to build that building. Otherwise, they are Restricted Funds, as Contribution to the project.
If you know something you are not telling us, you should include it while we are trying to be helpful.
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Don't yell at us; we're volunteers
Don't yell at us; we're volunteers