{"schema_version":2,"canonical_url":"https://asc.understandingaccounting.org/asc/810/958/#50-disclosure","source":"FASB Accounting Standards Codification, Basic View","usage":"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.","topic":"810","topic_title":"Consolidation","subtopic":"810-958","subtopic_title":"Not-for-Profit Entities","section":{"number":"50","label":"50 Disclosure","anchor":"50-disclosure","is_sec":false,"groups":[{"block":null,"heading":null,"paragraphs":[{"citation":"810-958-50-1","para":"50-1","html":"<div class=\"asc-body\"><div class=\"norm-text\"> <span class=\"sfragment\" id=\"sfr_41CD05A2-6E93-1014-A13F-6E4B94C84136\"><span class=\"sfragment-source\">If consolidated financial statements are presented, the reporting entity (parent) shall disclose any restrictions made by entities outside of the reporting entity on distributions from the controlled <a href=\"/glossary/n/#not-for-profit-entity\" class=\"term\" title=\"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.\"><span>not-for-profit entity</span></a> (NFP) (subsidiary) to the parent and any resulting unavailability of the net assets of the subsidiary for use by the parent. </span></span> </div> </div>","snippet":"If consolidated financial statements are presented, the reporting entity (parent) shall disclose any restrictions made by entities outside of the reporting entity on distributions from the controlled not-for-profit entit…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:d8f6e448a5d62d9590e3c9f6ebb102cfec8c8ff23403f147e6149a08f8c96742","downloaded_from":"2026-09-10T01:33:21.105Z","last_downloaded_at":"2026-09-10T01:33:21.105Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147478789","source_sha256":"836ad95faa8c6408243ebb571e963786959fc645ce66b43a77e473bfe74a011a"}},{"citation":"810-958-50-2","para":"50-2","html":"<div class=\"asc-body\"><div class=\"norm-text\"> <span class=\"sfragment\" id=\"sfr_41CD0745-6E93-1014-A13F-6E4B94C84136\"><span class=\"sfragment-source\">If, as described in paragraph <a href=\"/asc/810/958/#810-958-25-4\" class=\"xref\">958-810-25-4</a>, an NFP (the reporting entity) controls a related but separate NFP through a form other than majority ownership interest, sole corporate membership, or majority voting interest in the board of the other entity and has an <a href=\"/glossary/e/#economic-interest\" class=\"term\" title=\"A not-for-profit entity's (NFP's) interest in another entity that exists if any of the following criteria are met: The other entity holds or utilizes significant resources that must be used for the purposes of the NFP, either directly or indirectly by producing income or providing services. The NFP is responsible for the liabilities of the other entity. See paragraph 958-810-55-6 for examples of economic interests.\"><span>economic interest</span></a> in that other NFP, the reporting entity shall disclose all of the following information if it does not present consolidated financial statements: </span></span> <ol class=\"ol-norm\"> <li class=\"li-norm\"><span class=\"linum\">a</span> <div class=\"p\"> <span class=\"sfragment\" id=\"sfr_41CD08A1-6E93-1014-A13F-6E4B94C84136\"><span class=\"sfragment-source\">Identification of the other NFP and the nature of its relationship with the reporting entity that results in <a href=\"/glossary/c/#control\" class=\"term\" title=\"The direct or indirect ability to determine the direction of management and policies through ownership, contract, or otherwise.\"><span>control</span></a></span></span> </div> </li> <li class=\"li-norm\"><span class=\"linum\">b</span> <div class=\"p\"> <span class=\"sfragment\" id=\"sfr_41CD09FC-6E93-1014-A13F-6E4B94C84136\"><span class=\"sfragment-source\">Summarized financial data of the other NFP, which shall include the following information: </span></span> </div> <ol class=\"ol-norm\"> <li class=\"li-norm\"><span class=\"linum\">1</span> <div class=\"p\"> <span class=\"sfragment\" id=\"sfr_41CD0B42-6E93-1014-A13F-6E4B94C84136\"><span class=\"sfragment-source\">Total assets, liabilities, net assets, revenue, and expenses </span></span> </div> </li> <li class=\"li-norm\"><span class=\"linum\">2</span> <div class=\"p\"> <span class=\"sfragment\" id=\"sfr_41CD0C72-6E93-1014-A13F-6E4B94C84136\"><span class=\"sfragment-source\">Resources that are held for the benefit of the reporting entity or that are under its control. </span></span> </div> </li> </ol> </li> <li class=\"li-norm\"><span class=\"linum\">c</span> <div class=\"p\"> <span class=\"sfragment\" id=\"sfr_41CD0DC3-6E93-1014-A13F-6E4B94C84136\"><span class=\"sfragment-source\">The disclosures required by paragraphs <div class=\"xref-range displayInline\"><a href=\"/asc/850/10/#850-10-50-1\" class=\"xref\">850-10-50-1 through 50-6</a></div>. </span></span> </div> </li> </ol> </div> </div>","snippet":"If, as described in paragraph 958-810-25-4, an NFP (the reporting entity) controls a related but separate NFP through a form other than majority ownership interest, sole corporate membership, or majority voting interest …","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:0c31c0bc97c13d5aa4ce9643ae48e71639b36331256334f9890f00317bf4a7f3","downloaded_from":"2026-09-10T01:33:21.105Z","last_downloaded_at":"2026-09-10T01:33:21.105Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147478789","source_sha256":"836ad95faa8c6408243ebb571e963786959fc645ce66b43a77e473bfe74a011a"}},{"citation":"810-958-50-3","para":"50-3","html":"<div class=\"asc-body\"><div class=\"norm-text\"> <span class=\"sfragment\" id=\"sfr_41CD0F12-6E93-1014-A13F-6E4B94C84136\"><span class=\"sfragment-source\">The existence of control or an economic interest, but not both, as described in paragraph <a href=\"/asc/810/958/#810-958-25-5\" class=\"xref\">958-810-25-5</a>, requires the disclosures in paragraphs <div class=\"xref-range displayInline\"><a href=\"/asc/850/10/#850-10-50-1\" class=\"xref\">850-10-50-1 through 50-6</a></div>. </span></span> <span class=\"sfragment\" id=\"sfr_41CD1071-6E93-1014-A13F-6E4B94C84136\"><span class=\"sfragment-source\">(The existence of an economic interest does not necessarily cause the entities to be <a href=\"/glossary/r/#related-parties\" class=\"term\" title=\"Related parties include: Affiliates of the entity Entities for which investments in their equity securities would be required, absent the election of the fair value option under the Fair Value Option Subsection of Section 825-10-15, to be accounted for by the equity method by the investing entity Trusts for the benefit of employees, such as pension and profit-sharing trusts that are managed by or under the trusteeship of management Principal owners of the entity and members of their immediate families Management of the entity and members of their immediate families Other parties with which the entity may deal if one party controls or can significantly influence the management or operating policies of the other to an extent that one of the transacting parties might be prevented from fully pursuing its own separate interests Other parties that can significantly influence the management or operating policies of the transacting parties or that have an ownership interest in one of the transacting parties and can significantly influence the other to an extent that one or more of the transacting parties might be prevented from fully pursuing its own separate interests.\"><span>related parties</span></a>. However, the disclosures in those paragraphs are required if an economic interest exists.) </span></span> </div> </div>","snippet":"The existence of control or an economic interest, but not both, as described in paragraph 958-810-25-5, requires the disclosures in paragraphs 850-10-50-1 through 50-6. (The existence of an economic interest does not nec…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:84cc5f8a8c047a53fa5f100f45ee683a03c6a1f0d8a07266574871021311b436","downloaded_from":"2026-09-10T01:33:21.105Z","last_downloaded_at":"2026-09-10T01:33:21.105Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147478789","source_sha256":"836ad95faa8c6408243ebb571e963786959fc645ce66b43a77e473bfe74a011a"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:e6b025f544a1e7a660483949aa40206c6af1a3fb8369442d52cd37c1a9648b21","downloaded_from":"2026-09-10T01:33:21.105Z","last_downloaded_at":"2026-09-10T01:33:21.105Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147478789","source_sha256":"836ad95faa8c6408243ebb571e963786959fc645ce66b43a77e473bfe74a011a"}},{"block":null,"heading":"Disclosures for Noncontrolling Interests","paragraphs":[{"citation":"810-958-50-4","para":"50-4","html":"<div class=\"asc-body\"><div class=\"norm-text\"> <span class=\"sfragment\" id=\"sfr_41CD11B4-6E93-1014-A13F-6E4B94C84136\"><span class=\"sfragment-source\">An NFP (parent) that has one or more consolidated subsidiaries with a <a href=\"/glossary/n/#noncontrolling-interest\" class=\"term\" title=\"The portion of equity (net assets) in a subsidiary not attributable, directly or indirectly, to a parent. A noncontrolling interest is sometimes called a minority interest.\"><span>noncontrolling interest</span></a> shall provide a schedule of changes in consolidated net assets attributable to the parent and the noncontrolling interest either in notes to the consolidated financial statements or on the face of financial statements, if practicable. That schedule shall reconcile beginning and ending balances of the parent's controlling interest and the noncontrolling interests for each class of net assets for which a noncontrolling interest exists during the reporting period.</span></span> </div> </div>","snippet":"An NFP (parent) that has one or more consolidated subsidiaries with a noncontrolling interest shall provide a schedule of changes in consolidated net assets attributable to the parent and the noncontrolling interest eith…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:df964f3840903c4819d64934b425bca366628071572e49f350423c4c5b2ff6b3","downloaded_from":"2026-09-10T01:33:21.105Z","last_downloaded_at":"2026-09-10T01:33:21.105Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147478789","source_sha256":"836ad95faa8c6408243ebb571e963786959fc645ce66b43a77e473bfe74a011a"}},{"citation":"810-958-50-5","para":"50-5","html":"<div class=\"asc-body\"><div class=\"norm-text\"> <span class=\"sfragment\" id=\"sfr_41CD12EE-6E93-1014-A13F-6E4B94C84136\"><span class=\"sfragment-source\">The schedule required by the preceding paragraph shall, at a minimum, include: </span></span> <ol class=\"ol-norm\"> <li class=\"li-norm\"><span class=\"linum\">a</span> <div class=\"p\"> <span class=\"sfragment\" id=\"sfr_41CD1453-6E93-1014-A13F-6E4B94C84136\"><span class=\"sfragment-source\">A performance indicator, if the entity is a not-for-profit, business-oriented health care entity (see Section <a altsource=\"GUID-01767497-DC99-41A9-BBB5-8E9F5C2009B6.ditamap\" class=\"ditamap\">954-10-15</a>)</span></span> </div> </li> <li class=\"li-norm\"><span class=\"linum\">b</span> <div class=\"p\"> <span class=\"sfragment\" id=\"sfr_41CD15CC-6E93-1014-A13F-6E4B94C84136\"><span class=\"sfragment-source\">Amounts of discontinued operations</span></span> </div> </li> <li class=\"li-norm\"><span class=\"linum\">c</span> <div class=\"p\"> <a href=\"/updates/asu-2015-01/\" class=\"xref\">Subparagraph superseded by Accounting Standards Update No. 2015-01</a>.</div> </li> <li class=\"li-norm\"><span class=\"linum\">d</span> <div class=\"p\"> <span class=\"sfragment\" id=\"sfr_41CD1760-6E93-1014-A13F-6E4B94C84136\"><span class=\"sfragment-source\">Changes in ownership interests in a subsidiary, including investments by and distributions to noncontrolling interests acting in their capacity as owners, which shall be reported separate from any revenues, expenses, gains, or losses and outside any measure of operations, if reported </span></span> </div> </li> <li class=\"li-norm\"><span class=\"linum\">e</span> <div class=\"p\"> <span class=\"sfragment\" id=\"sfr_41CD18D3-6E93-1014-A13F-6E4B94C84136\"><span class=\"sfragment-source\">An aggregate amount of all other changes in <a href=\"/glossary/n/#net-assets-without-donor-restrictions\" class=\"term\" title=\"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).\"><span>net assets without donor restrictions</span></a> and <a href=\"/glossary/n/#net-assets-with-donor-restrictions\" class=\"term\" title=\"The part of net assets of a not-for-profit entity that is subject to donor-imposed restrictions (donors include other types of contributors, including makers of certain grants).\"><span>net assets with donor restrictions</span></a> for the period.</span></span> </div> </li> </ol> </div> </div>","snippet":"The schedule required by the preceding paragraph shall, at a minimum, include:\n(a) A performance indicator, if the entity is a not-for-profit, business-oriented health care entity (see Section 954-10-15)\n(b) Amounts of d…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:ab2f803b929d467d05bcfdaffecad16387f5661aa8b00881deb4f90832928f18","downloaded_from":"2026-09-10T01:33:21.105Z","last_downloaded_at":"2026-09-10T01:33:21.105Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147478789","source_sha256":"836ad95faa8c6408243ebb571e963786959fc645ce66b43a77e473bfe74a011a"}},{"citation":"810-958-50-6","para":"50-6","html":"<div class=\"asc-body\"><div class=\"norm-text\"> <span class=\"sfragment\" id=\"sfr_41CD19C3-6E93-1014-A13F-6E4B94C84136\"><span class=\"sfragment-source\">Paragraph <a href=\"/asc/810/958/#810-958-55-25\" class=\"xref\">958-810-55-25</a> illustrates the required disclosures using a reconciling schedule in notes to the consolidated financial statements.</span></span> </div> </div>","snippet":"Paragraph 958-810-55-25 illustrates the required disclosures using a reconciling schedule in notes to the consolidated financial statements.","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:ee5285a576faff3072fe2cb76e281edb1adf1c6faabe899474894f60b3283d92","downloaded_from":"2026-09-10T01:33:21.105Z","last_downloaded_at":"2026-09-10T01:33:21.105Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147478789","source_sha256":"836ad95faa8c6408243ebb571e963786959fc645ce66b43a77e473bfe74a011a"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:b0e96931f5318f3fa6edbf685d39ffe7e033de4697817e3df49b32b1f1fa2457","downloaded_from":"2026-09-10T01:33:21.105Z","last_downloaded_at":"2026-09-10T01:33:21.105Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147478789","source_sha256":"836ad95faa8c6408243ebb571e963786959fc645ce66b43a77e473bfe74a011a"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:3ee192c641015d40ba21e46d721344210f461041d027fff77a43dc0ca5ac60c6","downloaded_from":"2026-09-10T01:33:21.105Z","last_downloaded_at":"2026-09-10T01:33:21.105Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147478789","source_sha256":"836ad95faa8c6408243ebb571e963786959fc645ce66b43a77e473bfe74a011a"}},"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:3ee192c641015d40ba21e46d721344210f461041d027fff77a43dc0ca5ac60c6","downloaded_from":"2026-09-10T01:33:21.105Z","last_downloaded_at":"2026-09-10T01:33:21.105Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147478789","source_sha256":"836ad95faa8c6408243ebb571e963786959fc645ce66b43a77e473bfe74a011a"}}