# ASC 810-958-50: Consolidation — Not-for-Profit Entities — 50 Disclosure Source: FASB Accounting Standards Codification, Basic View [Read online](https://asc.understandingaccounting.org/asc/810/958/#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): 2026-09-10T01:33:21.105Z to 2026-09-10T01:33:21.105Z Record version: sha256:3ee192c641015d40ba21e46d721344210f461041d027fff77a43dc0ca5ac60c6 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. ## ASC 810-958-50: 50 Disclosure [Read section](https://asc.understandingaccounting.org/asc/810/958/#50-disclosure) SEC content: no ##### [810-958-50-1](https://asc.understandingaccounting.org/asc/810/958/#810-958-50-1) Pending content: no Source downloaded (UTC): 2026-09-10T01:33:21.105Z to 2026-09-10T01:33:21.105Z Record version: sha256:d8f6e448a5d62d9590e3c9f6ebb102cfec8c8ff23403f147e6149a08f8c96742 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. 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 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) (subsidiary) to the parent and any resulting unavailability of the net assets of the subsidiary for use by the parent. ##### [810-958-50-2](https://asc.understandingaccounting.org/asc/810/958/#810-958-50-2) Pending content: no Source downloaded (UTC): 2026-09-10T01:33:21.105Z to 2026-09-10T01:33:21.105Z Record version: sha256:0c31c0bc97c13d5aa4ce9643ae48e71639b36331256334f9890f00317bf4a7f3 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. If, as described in paragraph [958-810-25-4](https://asc.understandingaccounting.org/asc/810/958/#810-958-25-4), 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 in the board of the other entity and has an [economic interest](https://asc.understandingaccounting.org/glossary/e/#economic-interest "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.") in that other NFP, the reporting entity shall disclose all of the following information if it does not present consolidated financial statements: 1. a Identification of the other NFP and the nature of its relationship with the reporting entity that results in [control](https://asc.understandingaccounting.org/glossary/c/#control "The direct or indirect ability to determine the direction of management and policies through ownership, contract, or otherwise.") 2. b Summarized financial data of the other NFP, which shall include the following information: 1. 1 Total assets, liabilities, net assets, revenue, and expenses 2. 2 Resources that are held for the benefit of the reporting entity or that are under its control. 3. c The disclosures required by paragraphs [850-10-50-1 through 50-6](https://asc.understandingaccounting.org/asc/850/10/#850-10-50-1) . ##### [810-958-50-3](https://asc.understandingaccounting.org/asc/810/958/#810-958-50-3) Pending content: no Source downloaded (UTC): 2026-09-10T01:33:21.105Z to 2026-09-10T01:33:21.105Z Record version: sha256:84cc5f8a8c047a53fa5f100f45ee683a03c6a1f0d8a07266574871021311b436 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. The existence of control or an economic interest, but not both, as described in paragraph [958-810-25-5](https://asc.understandingaccounting.org/asc/810/958/#810-958-25-5), requires the disclosures in paragraphs [850-10-50-1 through 50-6](https://asc.understandingaccounting.org/asc/850/10/#850-10-50-1) . (The existence of an economic interest does not necessarily cause the entities to be [related parties](https://asc.understandingaccounting.org/glossary/r/#related-parties "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."). However, the disclosures in those paragraphs are required if an economic interest exists.) #### Disclosures for Noncontrolling Interests ##### [810-958-50-4](https://asc.understandingaccounting.org/asc/810/958/#810-958-50-4) Pending content: no Source downloaded (UTC): 2026-09-10T01:33:21.105Z to 2026-09-10T01:33:21.105Z Record version: sha256:df964f3840903c4819d64934b425bca366628071572e49f350423c4c5b2ff6b3 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. An NFP (parent) that has one or more consolidated subsidiaries with a [noncontrolling interest](https://asc.understandingaccounting.org/glossary/n/#noncontrolling-interest "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.") 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. ##### [810-958-50-5](https://asc.understandingaccounting.org/asc/810/958/#810-958-50-5) Pending content: no Source downloaded (UTC): 2026-09-10T01:33:21.105Z to 2026-09-10T01:33:21.105Z Record version: sha256:ab2f803b929d467d05bcfdaffecad16387f5661aa8b00881deb4f90832928f18 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. The schedule required by the preceding paragraph shall, at a minimum, include: 1. a A performance indicator, if the entity is a not-for-profit, business-oriented health care entity (see Section 954-10-15) 2. b Amounts of discontinued operations 3. c [Subparagraph superseded by Accounting Standards Update No. 2015-01](https://asc.understandingaccounting.org/updates/asu-2015-01/). 4. d 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 5. e An aggregate amount of all other 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).") and [net assets with donor restrictions](https://asc.understandingaccounting.org/glossary/n/#net-assets-with-donor-restrictions "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).") for the period. ##### [810-958-50-6](https://asc.understandingaccounting.org/asc/810/958/#810-958-50-6) Pending content: no Source downloaded (UTC): 2026-09-10T01:33:21.105Z to 2026-09-10T01:33:21.105Z Record version: sha256:ee5285a576faff3072fe2cb76e281edb1adf1c6faabe899474894f60b3283d92 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. Paragraph [958-810-55-25](https://asc.understandingaccounting.org/asc/810/958/#810-958-55-25) illustrates the required disclosures using a reconciling schedule in notes to the consolidated financial statements.