What is Schedule M in Form 990?
3.3k views |
Last modified 3/23/2021 8:53:03 AM EST |
Added by ExpressTaxExempt Team
Schedule M is used by organizations filing Form 990 to report the various types of noncash contributions received during the year and certain other information regarding those contributions received.
This information generally includes the quantity and the reported financial statement of the noncash contributions received by the type of property. The organization should also report the noncash donated items received from any sources, even if they were sold immediately.