Instructions For Form 5227 (Page 7 of 12) in pdf

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Description and FMV of the consideration furnished by

Line 34. Investments—Other

the lender.

Enter the amount of all other investment holdings not

The above detail is not required for receivables or

reported on line 32 or line 33. Attach a schedule

travel advances that may be reported as a single total

describing each of these investments held at the end of

(see instruction 2, on page 6). However, report and

the year. Show the book value for each and indicate

identify those totals separately in the attachment.

whether the investment is listed at cost or end-of-year

market value. Do not include program-related

Line 29. Other Notes and Loans Receivable

investments. See instructions for line 36.

Enter the combined total of notes receivable and net

loans receivable.

Line 35. Land, Buildings, and Equipment

Notes receivable. Enter the amount of all notes

Enter the book value (cost or other basis less

receivable not listed on line 28 and not acquired as

accumulated depreciation) of all land, buildings, and

investments. Attach a schedule similar to that called for in

equipment owned by the trust and not held for

the line 28 instructions. The schedule should also identify

investment. This includes any equipment owned and

the relationship of the borrower to any officer, director,

used by the trust in conducting its charitable activities.

trustee, or other disqualified person.

Attach a schedule listing these fixed assets held at the

For a note receivable from any section 501(c)(3)

end of the year and showing for each item or category

organization, list only the name of the borrower and the

listed, the cost or other basis, accumulated depreciation,

balance due on the required schedule.

and book value.

Loans receivable. Enter the gross amount of loans

Line 36. Other Assets

receivable, less the allowance for doubtful accounts,

List and show the book value of each category of assets

arising from the normal activities of the trust. An itemized

not reportable on lines 25 through 35. Attach a separate

list of these loans is not required, but attach a schedule

schedule if more space is needed.

indicating the total amount of each type of loan

outstanding. Report loans to officers, directors, trustees,

One type of asset reportable on line 36 is

or other disqualified persons on line 28, and loans to

program-related investments made primarily to

other employees on line 36.

accomplish a charitable purpose of the trust rather than

to produce income.

Line 30. Inventories for Sale or Use

Enter the amount of materials, goods, and supplies

Line 37. Total Assets

purchased or manufactured by the trust and held for sale

Columns (a) and (b) (and column (c) if a unitrust) must

or use in some future period.

always have an entry, even if it is zero.

Line 31. Prepaid Expenses and Deferred

Line 38. Accounts Payable and Accrued

Charges

Expenses

Enter the amount of short-term and long-term

Enter the total accounts payable to suppliers and others,

prepayments of future expenses attributable to one or

and accrued expenses such as salaries payable, accrued

more future accounting periods. Examples include

payroll taxes, and interest payable.

prepayments of rent, insurance, and pension costs, and

expenses incurred in connection with a solicitation

Line 39. Deferred Revenue

campaign to be conducted in a future accounting period.

Include revenue that the organization has received but

Lines 32a, b, and c. Investments—U.S. and

not yet earned as of the balance sheet date under its

State Government Obligations, Corporate

method of accounting.

Stock, and Corporate Bonds

Line 40. Loans From Officers, Directors,

Enter the book value (which may be market value) of

Trustees, and Other Disqualified Persons

these investments. Attach a schedule that lists each

Enter the unpaid balance of loans received from officers,

security held at the end of the year and shows whether

directors, trustees, and other disqualified persons. For

the security is listed at cost (including the value recorded

loans outstanding at the end of the year, attach a

at the time of receipt in the case of donated securities) or

schedule that provides (for each loan) the name and title

end-of-year market value. Do not include amounts shown

of the lender and the information specified in the line 28

on line 26. Governmental obligations reported on line 32a

instructions.

are those that mature in 1 year or more. Debt securities

of the U.S. Government may be reported as a single total

Line 41. Mortgages and Other Notes Payable

rather than itemized. Obligations of state and municipal

governments may also be reported as a lump-sum total.

Enter the amount of mortgages and other notes payable

Do not combine U.S. Government obligations with state

at the beginning and end of the year. Attach a schedule

and municipal obligations on the attached schedule.

showing, as of the end of the year, the total amount of all

mortgages payable and, for each nonmortgage note

Line 33. Investments—Land, Buildings, and

payable, the name of the lender and the other information

Equipment

specified in the line 28 instructions. The schedule should

also identify the relationship of the lender to any officer,

Enter the book value (cost or other basis less

director, trustee, or other disqualified person.

accumulated depreciation) of all land, buildings, and

equipment held for investment purposes, such as rental

Line 42. Other Liabilities

properties. Attach a schedule listing these investment

fixed assets held at the end of the year and showing, for

List and show the amount of each liability not reportable

each item or category listed, the cost or other basis,

on lines 38 through 41. Attach a separate schedule if

accumulated depreciation, and book value.

more space is needed.

-7-

Instructions For Form 5227 Page 7

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