Where do I report expenditure for foods on IRS Form 990 ?

Question

I am trying to muddle through the Tax Form 990 for the local VFW. Money is spent locally to buy foods that are then prepared and sold at the VFW (Steak Night, Seafood Night, etc.). Money is then posted to the General Fund. How do I report it, or do I? And what about Hall rentals for private parties? Thanks!!

Answer 1

I'd include it in line 15, fundraising expense. In part II I'd put it on line 32, other expenses, with a couple words saying what it was for.

Answer 2

I am really not sure but I suggest that you maybe call H&R Block. They may be able to answer a question for you. Any other tax accountant would probubly charge you,

Good luck!