Question: 990 EZ Line item Classifications

Our PTO coordinates the collection of Box Tops. Do the monies received go on line 1 (Contibutions, gifts etc) or on 6b (Gross income from fundraising)? Second, we conduct a Turkey Cup challenge - students bring in money and it all goes to the local food bank. Again, should money in go on line 6b and money out on line 10? Thank you!

Asked by Anonymous



Community Advice

gjcoram writes:
I put Box Tops in line 1.

Our school did "Pennies for Patients" and I also put that money in line 1, and the expense as a program service accomplishment since it was run by student council and educated the kids about the needs of others.

Another year, we made a donation to the Leukemia Society, and that went on line 10, because the students were not involved in the donation.

Community Advice

mum24kids writes:
BoxTops--line 1
Turkey Cup--line 1 in, line 16 out. You're asking for donations, and they you are turning around and giving a donation to a charitable organization. An activity that only generates donations is not a fundraising event. The "out" line is kind of questionable. I don't view a donation you choose to make to a food bank as a grant; I think of a grant more as something where someone applies for funds from you.

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