# ASC 715-958-45: Compensation—Retirement Benefits — Not-for-Profit Entities — 45 Other Presentation Matters Source: FASB Accounting Standards Codification, Basic View [Read online](https://asc.understandingaccounting.org/asc/715/958/#45-other-presentation-matters) Study and research edition. Verify current requirements with the official source. Summaries, enrichment, and tags are machine-generated study aids. Paragraph html preserves source markup; snippet is abbreviated. Pending content is not necessarily effective. Tables and mathematical or amendment markup are retained as HTML where Markdown would lose structure. Source downloaded (UTC): 2026-09-10T01:02:40.011Z to 2026-09-10T01:02:40.011Z Record version: sha256:4fbe160c2eaa74bc4f889dce450ec6f8fc2ebe08b8bc2c34df537aa4e366e690 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. ## ASC 715-958-45: 45 Other Presentation Matters [Read section](https://asc.understandingaccounting.org/asc/715/958/#45-other-presentation-matters) SEC content: no ##### [715-958-45-1](https://asc.understandingaccounting.org/asc/715/958/#715-958-45-1) Pending content: no Source downloaded (UTC): 2026-09-10T01:02:40.011Z to 2026-09-10T01:02:40.011Z Record version: sha256:cb016aae50644b5f746384d41f8fae10032200b8610852b32de6699411b0d83e Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. A [not-for-profit entity](https://asc.understandingaccounting.org/glossary/n/#not-for-profit-entity "An entity that possesses the following characteristics, in varying degrees, that distinguish it from a business entity: Contributions of significant amounts of resources from resource providers who do not expect commensurate or proportionate pecuniary return Operating purposes other than to provide goods or services at a profit Absence of ownership interests like those of business entities. Entities that clearly fall outside this definition include the following: All investor-owned entities Entities that provide dividends, lower costs, or other economic benefits directly and proportionately to their owners, members, or participants, such as mutual insurance entities, credit unions, farm and rural electric cooperatives, and employee benefit plans.") (NFP) shall recognize as a separate line item or items, outside an intermediate measure of operations, if one is presented, or a performance indicator as required by paragraph [954-220-45-5](https://asc.understandingaccounting.org/asc/220/954/#220-954-45-5) for NFP business-oriented health care entities, within changes in [net assets without donor restrictions](https://asc.understandingaccounting.org/glossary/n/#net-assets-without-donor-restrictions "The part of net assets of a not-for-profit entity that is not subject to donor-imposed restrictions (donors include other types of contributors, including makers of certain grants)."), apart from expenses, the net gain or loss, the prior service costs or credits, and the transition asset or obligation that would be recognized in other comprehensive income pursuant to the following Sections: 1. a Section 715-30-35 2. b Section 715-60-35. ##### [715-958-45-2](https://asc.understandingaccounting.org/asc/715/958/#715-958-45-2) Pending content: no Source downloaded (UTC): 2026-09-10T01:02:40.011Z to 2026-09-10T01:02:40.011Z Record version: sha256:48153004897401a345fa2d0fca24b4600db47f3dfaef034f8200979f58980942 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. An NFP shall reclassify a portion of the net gain or loss, the prior service costs or credits, and the transition asset or obligation previously recognized in accordance with paragraph [958-715-45-1](https://asc.understandingaccounting.org/asc/715/958/#715-958-45-1) as follows: 1. a To net periodic pension cost, pursuant to the recognition and amortization provisions of paragraphs [715-30-35-3 through 35-28](https://asc.understandingaccounting.org/asc/715/30/#715-30-35-3) 2. b To net periodic postretirement benefit cost, pursuant to the recognition and amortization provisions of paragraphs [715-60-35-7 through 35-40](https://asc.understandingaccounting.org/asc/715/60/#715-60-35-7) . The contra adjustment or adjustments to the initially recognized net gain or loss, the prior service costs or credits, and the transition asset or obligation shall be reported in the same line item or items, outside an intermediate measure of operations, if one is presented, or a performance indicator as required by paragraph [954-220-45-5](https://asc.understandingaccounting.org/asc/220/954/#220-954-45-5) for NFP business-oriented health care entities, within changes in net assets without donor restrictions, apart from expenses, as the initially recognized amounts as identified in paragraph [958-715-45-1](https://asc.understandingaccounting.org/asc/715/958/#715-958-45-1). ##### [715-958-45-3](https://asc.understandingaccounting.org/asc/715/958/#715-958-45-3) Pending content: no Source downloaded (UTC): 2026-09-10T01:02:40.011Z to 2026-09-10T01:02:40.011Z Record version: sha256:b9ef317f97fa418f33555ada8b11e0868de424e8b9c4e821e0aa1b901fcf9d2e Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. An NFP shall report in the statement of activities: 1. a The service cost component of net periodic pension cost and net periodic postretirement benefit cost in the same line item(s) as other compensation costs arising from services rendered by the pertinent employees during the period (except for the amount being capitalized, if appropriate, in connection with production or construction of an asset) 2. b The other components as defined in paragraphs [715-30-35-4](https://asc.understandingaccounting.org/asc/715/30/#715-30-35-4) and [715-60-35-9](https://asc.understandingaccounting.org/asc/715/60/#715-60-35-9) separately from the service cost component and outside an intermediate measure of operations, if one is presented, within changes in net assets without donor restrictions. If a separate line item or items are used to present the other components, that line item or items shall be appropriately described and different from the separate line item or items used to present the net gain or loss, the prior service costs or credits, and the transition asset or obligation that would be recognized in other comprehensive income in accordance with Sections 715-30-35 and 715-60-35. The service cost component and the other components of net periodic pension cost and net periodic postretirement benefit cost shall be reported by [functional expense classification](https://asc.understandingaccounting.org/glossary/f/#functional-expense-classification "A method of grouping expenses according to the purpose for which costs are incurred. The primary functional classifications of a not-for-profit entity are program services and supporting activities.") in accordance with paragraphs [958-720-45-2](https://asc.understandingaccounting.org/asc/720/958/#720-958-45-2) and [958-720-45-15](https://asc.understandingaccounting.org/asc/720/958/#720-958-45-15).