• Your Community Awaits

    Property Value in 990

    Posted by Stephen on August 17, 2024 at 1:51 pm

    What is the legal asset value to be entered on line 10a in the 990, for property that can not be sold.

    cuofno replied 1 month ago 3 Members · 2 Replies
  • 2 Replies

  • James

    Member
    September 11, 2024 at 11:50 am

    I am not an attorney, CPA or a REALTOR. However, I assume you have a deed restriction on a property that says you can’t sell it. That does not make the value 0 however. Without knowing more about how you obtained the property I would question that a perpetual “Never be sold” is a complete gift and sounds like control from beyond the grave. There are people who can value a controlled property but I would be asking for a legal opinion as well about the restriction.

    On this thought, I am not sure I would see the downside of listing full market value of the property on your 990.

  • cuofno

    Member
    January 8, 2026 at 12:18 pm

    In the process of comparing different informational websites used by people in the UK, I briefly looked through a page that included https://www.tintfit.com/. My interest was mainly in how the text was written and arranged. There was no specific goal other than reading and forming a general impression. The visit remained neutral and non-interactive.

Start of Discussion
0 of 0 replies June 2018
Now

Report

Harassment or bullying behavior
Contains mature or sensitive content
Contains misleading or false information
Contains abusive or derogatory content
Contains spam, fake content or potential malware

Block Member?

Please confirm you want to block this member.

You will no longer be able to:

  • See blocked member's posts
  • Mention this member in posts
  • Invite this member to groups
  • Message this member
  • Add this member as a connection

Please note: This action will also remove this member from your connections and send a report to the site admin. Please allow a few minutes for this process to complete.

Report

You have already reported this .

On October 8, 2025, Join Us for a National Town Hall on the Financial State of the Nonprofit Sector

Nonprofit GPS is a new, action-based community designed to help nonprofits navigate today’s disrupted revenue landscape. Built in consultation with organizations nationwide, it focuses on the real financial challenges nonprofits face — business model risks, capital management, budgeting, governance, and more. Together, we’ll share practical strategies and highlight bright spots of practice that strengthen missions, even in the most disruptive times.

At this event you will hear: an analysis of the current economic landscape for nonprofits and the implications for practice; what array of critical new resources will be offered by Nonprofit GPS over the next three months and beyond; and how to become involved as a practice leader in this community.
Register here today!

Join a space designed to foster support, inclusivity, and respect for every voice.

Ask questions, share experiences, and connect with peers and experts who value your insights. Your contribution is invaluable - forum members bring a wealth of knowledge and experience, crucial for mutual growth and learning. We cherish your expertise and would love to have you enrich our forum! Let's build together, learn together, and support one another.
Visit the Forum!