Course Description:
This webinar will cover all things donor reporting. Donations are critical component of a nonprofit, with the documenting, tracking and reporting of those donations being vital in maintaining your exempt status. Proper accounting of contributions and promises to give, donations with and without donor restrictions and inkind donations will help ease the management of an organization and its needs while also meeting donor demands.

Learning Objectives:

• Recognize when you have a contribution or promise to give.
• Describe the treatment of restricted contributions and releases from restriction - how to track and how they affect your FS and 990.
• Explore in-kind donations, what they are and the differences between the 990 and FS.
• Examine donor reporting - quid pro quo rules, what a receipt to a donor should look like, non-cash donor report for IRS and state reporting.

Presenters:
Beth Farley, CPA, CGMA Partner | Eide Bailly
Beth is an experienced accountant who specializes in nonprofits, churches, governments, contractors, and small businesses. She works with her clients to make sure they understand their financials and develop tools that strengthen their business or organization. Beth prides herself in making sure clients receive professional service and valuable information.

Anne Stoll, CPA, Manager | Eide Bailly
association and other nonprofit sectors. She provides consulting and compliance services for a wide range of tax issues. She guides organizations through the many state and IRS regulations that nonprofit organizations face in obtaining and maintaining their tax-exempt status.