10/26/2026
Your nonprofit must properly record the value of donated goods and services, but determining that value isn’t always straightforward. This week, we’re explaining the accounting standards for in-kind contributions, and breaking down the documentation your nonprofit needs to support the values you report.
Read the latest from our blog: In-Kind Donations: How to Properly Value and Record Them https://ow.ly/n4jt5100Pyf
A food bank receives a pallet of canned goods. A local law firm provides pro bono legal work. A church lets a community nonprofit use its hall rent-free for a year. Each of these are an example of a generous in-kind donation, and each raises a pair of accounting questions: What is it worth? And […...