# ASC 715-958-50: Compensation—Retirement Benefits — Not-for-Profit Entities — 50 Disclosure

Source: FASB Accounting Standards Codification, Basic View

[Read online](https://asc.understandingaccounting.org/asc/715/958/#50-disclosure)

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): 2026-09-10T01:02:42.723Z to 2026-09-10T01:02:42.723Z

Record version: sha256:5f5cbce102e6b0793888021c9ce0c36d17c66e911b9d2d9b32fd29b08259f17e

Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f

Effective as of: not established by retrieval timestamps.


## ASC 715-958-50: 50 Disclosure

[Read section](https://asc.understandingaccounting.org/asc/715/958/#50-disclosure)

SEC content: no

##### [715-958-50-1](https://asc.understandingaccounting.org/asc/715/958/#715-958-50-1)

Pending content: no

Source downloaded (UTC): 2026-09-10T01:02:42.723Z to 2026-09-10T01:02:42.723Z

Record version: sha256:fa110e8757ce44b425a23eefb80cc2fbd3cab2190780b02a485f1c72a12e3fa3

Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f

Effective as of: not established by retrieval timestamps.


[Not-for-profit entities](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.") (NFPs) shall make the following substitutions when applying the disclosure requirements of Section 715-20-50:

1.  a
    
    The references to the net gain or loss, net prior service cost or credit, and net transition asset or obligation recognized in other comprehensive income in paragraphs [715-20-50-1(i)](https://asc.understandingaccounting.org/asc/715/20/#715-20-50-1) and [715-20-50-5(h)](https://asc.understandingaccounting.org/asc/715/20/#715-20-50-5) shall instead be to such amounts recognized as 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).") arising from a defined benefit plan but not yet included in net periodic benefit cost.
    
2.  b
    
    The references to reclassification adjustments of other comprehensive income in paragraphs [715-20-50-1(i)](https://asc.understandingaccounting.org/asc/715/20/#715-20-50-1) and [715-20-50-5(h)](https://asc.understandingaccounting.org/asc/715/20/#715-20-50-5) shall instead be to reclassifications to net periodic benefit cost of amounts previously recognized as changes in net assets without donor restrictions arising from a defined benefit plan but not included in net periodic benefit cost when they arose.
    
3.  c
    
    The references to the net gain or loss, net prior service cost or credit, and net transition asset or obligation recognized in accumulated other comprehensive income in the following paragraphs shall instead be to such amounts that have been recognized as changes in net assets without donor restrictions arising from a defined benefit plan but not yet reclassified as components of net periodic benefit cost:
    
    1.  1
        
        Paragraph [715-20-50-5(i)](https://asc.understandingaccounting.org/asc/715/20/#715-20-50-5)
        
    2.  2
        
        Paragraph [715-20-50-1(j)](https://asc.understandingaccounting.org/asc/715/20/#715-20-50-1)
        
    3.  3
        
        [Subparagraph superseded by Accounting Standards Update No. 2018-14](https://asc.understandingaccounting.org/updates/asu-2018-14/).
        
    4.  4
        
        [Subparagraph superseded by Accounting Standards Update No. 2018-14](https://asc.understandingaccounting.org/updates/asu-2018-14/).
        
4.  d
    
    The references to results of operations (including items of other comprehensive income) in paragraphs [715-20-50-1](https://asc.understandingaccounting.org/asc/715/20/#715-20-50-1) and [715-20-50-5](https://asc.understandingaccounting.org/asc/715/20/#715-20-50-5) shall instead be to changes in net assets without donor restrictions and the references to a statement of income in those paragraphs shall instead be to a statement of activities.