Supplemental Nutrition Assistance Program (SNAP) Manual

1110.025.00 Non-Exempt Resources

IM-129 November 17, 2022; IM-114 November 5, 2004; IM-123 July 2, 2001; IM-64 March 29, 2001

All resources are captured on the following screens in FAMIS:

  • Liquid Resource screen
  • Prepaid Burial screen
  • Personal Property screen 
  • Vehicle screen
  • Real Property screen

The eligibility system knows which resources are included and which are excluded from the resource determination for each program.

The value of the following readily negotiable liquid resources are entered on the Liquid Resource screen in the eligibility system and are included in the resource determination:

  • cash on hand 
  • checking account
  • savings account
  • U.S. Savings Bonds
  • stocks
  • time certificates and/or deposits 
  • installment/sales contracts not producing income equal to fair market value
  • notes receivable/deeds of trust not producing income equal to fair market value
  • cryptocurrency or other digital currencies ex. Bitcoins, Ethereum, Litecoin and other blockchain-based assets

The value of cryptocurrency/digital currency should be determined at the time of the SNAP interview. Accept the household’s statement if the participant is aware of the value of the digital currency in United States Dollars (USD).

If the value of the virtual currency is unknown, the value should be determined by converting the currency into USD using the price listed on the exchange where the currency is stored or traded. If the digital currency is not held on an exchange, use the most reasonable rate of exchange at the time of the interview for the amount of the cryptocurrency/digital currency the household owns. See Coinranking.com and use the 30 day average of the currency’s value for the resource amount.

The value of prepaid burial plans is entered on the Prepaid Burial screen. The equity value in excess of $1500 is included in the resource determination if the plan is not irrevocable.

The value of the following non-liquid resources are entered on the Real Property screen in the eligibility system and are included in the resource determination:

  • buildings
  • land
  • lots/acreage
  • house/mobile home
  • life estates (type depends on the property held in the estate).

NOTE: For purposes of determining the value of a life estate, held on property located in Missouri or of a life estate in property held in another state for which the rights under the life estate are the same as in Missouri, use the Carlisle table (refer to the Appendix A Determination of the Value of a Life Estate or Dower Interest).

If the life estate is held on property located in another state and the rights of that life estate are different than those rights in Missouri, determine the accessibility of that life estate.

The value of the following non-liquid resources are entered on the Personal Property screen in the eligibility system and are included in the resource determination, unless a usage code that excludes the resource (i.e. income producing consistent with fair market value or 50% time) is entered:

  • boat/motor 
  • aircraft
  • business equipment or tools 
  • grain, produce, or timber 
  • farm machinery 
  • livestock 

Client statement (CS) is acceptable verification, unless the resource or value is questionable or is near the maximum. Questionable information would be information provided by the household that is inconsistent with other information available.

Example: If a participant states on the SNAP application that they do not have a checking account and later produces a checkbook to list an expense, their statement is inconsistent with other information provided (the checkbook). 

Record a comment regarding verification if other than client statement (CS) is used and any other information necessary to explain how the information affects eligibility.

Always review the Financial Resource Detail Summary screen in the eligibility system prior to authorizing a case action to ensure resources you expect to be included are included in the determination.