It’s welcome news for a nonprofit when a donor promises to make a contribution at a later date. But such pledges can come with complicated accounting issues, including the proper treatment of conditional pledges and the potential requirement to discount a pledge’s value. In this article we discuss when to recognize a pledge and when it should be discounted.
We also briefly discuss the ingredients for intercommunicating success.
If you are need further explanation, give us a call, we are here to help.
This Quarter's Featured Articles
Pledge Receivables: The Accounting isn't as Simple as It Might Seem
It’s welcome news for a nonprofit when a donor promises to make a contribution at a later date. But such pledges can come with complicated accounting issues, ...
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Technology-related Nonprofits Get Priced Out of Key Market
A recent article in
Fast Company warns that Silicon Valley’s “talent wars” are outpricing the nonprofits in the region that have a technology focus...
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What are the Ingredients for Telecommunicating Success?
Like their for-profit counterparts, nonprofits are increasingly allowing employees to telecommute. Done right, work-at-home arrangements,...
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