Nonprofit assets
Property and equipment, including anything a funder retains an interest in.
Equipment bought with grant money often carries conditions: it must be used for the award purpose, and disposing of it above a threshold may require returning a share of the proceeds.
Each asset records how it was funded, so a federal interest is visible rather than discovered at disposal.
Where everything sits
How to work this page
Which award paid for it, and what interest that award retains.
Useful lives by class, applied consistently. Grant funded assets often have specific requirements.
Federal rules require a physical inventory and reconciliation on a set interval. It is a common finding when skipped.
Above the threshold, disposing of grant funded equipment may require the funder's share of proceeds. The condition is on the asset.
On a phone
Every figure from the desktop appears here, stacked rather than reduced. Tables scroll inside themselves so the page never moves sideways, and figures keep their separators and their alignment at every width.
Questions people actually ask
Your policy sets it, subject to any funder maximum. Below it, items are expensed and still tracked if a funder requires it.
Recorded at fair value on receipt, which is contribution revenue. Donated services are recognised only in narrow circumstances.