Form 990 Accounting in NYC
Ensure Compliance and Transparency with Expert Form 990 Preparation and Filing in NYC
At Presti & Naegele, we provide comprehensive, accurate, and timely preparation of Form 990—an essential filing for nonprofit organizations to retain tax-exempt status and foster donor trust. Whether you’re running a foundation, a nonprofit, or a charitable trust in New York City, our specialists ensure your Form 990 meets every IRS standard while effectively showcasing your mission and fiscal responsibility.
Located in the heart of a city known for its vibrant nonprofit scene—from Central Park conservancies to Brooklyn arts initiatives—we understand how crucial it is for NYC-based organizations to pair compliance with strategic storytelling.
What Is Form 990 Used For in NYC?
Form 990 is the primary reporting tool for tax-exempt organizations, section 527 political entities, and nonexempt charitable trusts, giving the IRS a detailed look at finances and operations. But its importance stretches far beyond compliance. Filing a clear, complete Form 990 in New York City helps build public trust, reinforce donor relationships, and affirm your organization's purpose and governance.
At Presti & Naegele, we help NYC nonprofits submit Form 990s that are accurate, thorough, and aligned with your mission—so your organization can tell its full story confidently.
Comprehensive Form 990 Services in NYC Include:
✔ Full preparation and e-filing for Form 990, 990-EZ, and 990-PF
✔ Guidance tailored to Form 990 instructions to ensure accuracy and completeness
✔ Support for complex schedules, including:
✔ Schedule A – Public Charity Status & Support
✔ Schedule B – Schedule of Contributors
✔ Schedule C, D, G, and others where applicable
✔ Thorough compliance review to meet Form 990 filing requirements
✔ Ongoing consulting on nonprofit transparency, financials, and governance in New York City
40+ years of celebrating the power of philanthropy by supporting our clients and their vital initiatives.
Who Must File a 990 in NYC with the IRS?
In New York City, most nonprofits and tax-exempt organizations must file a version of Form 990 each year with the IRS. This includes:
✔ Charities and public foundations
✔ Private foundations
✔ Religious groups (when applicable)
✔ Political and advocacy organizations
Our NYC-based team helps identify the right form for your organization and ensures you're always prepared for your IRS Form 990 due date with zero guesswork.
More Than Compliance: Strategic, Long-Term Benefits
When you partner with Presti & Naegele for your nonprofit tax needs, you're getting more than a routine filing service. You're gaining:
- Donor trust through public transparency
- Grant eligibility with properly reported financial data
- Board and stakeholder clarity with clean, detailed reporting
- Avoidance of penalties by meeting IRS filing deadlines and requirements
- Peace of mind knowing every figure and footnote is handled by expert nonprofit accountants
Who Completes the IRS Form 990 in NYC?
Some nonprofits try to tackle Form 990 internally, but it’s one of the most nuanced and vital tax documents your NYC organization will ever submit. At Presti & Naegele, our seasoned tax professionals, CPAs, and nonprofit consultants ensure that every Form 990 for New York City clients is both technically sound and mission-focused. We collaborate with:
✔ Executive Directors of nonprofits
✔ CFOs and internal finance leads
✔ Board members and compliance officers
✔ Development teams and fundraisers
✔ Advisors and philanthropic leaders
Why Choose Presti & Naegele for Form 990 Filing in NYC?
Not all accounting firms offer the depth of nonprofit experience we do. Presti & Naegele is trusted across New York City for:
✔ Over 40 years handling complex filings and nonprofit tax law
✔ A team of 60+ professionals—CPAs, MBAs, and tax strategists
✔ Expertise in Form 990 instructions, all schedules, and exceptions
✔ Hands-on support from multiple locations including NYC, Stamford, and Long Island
✔ A history of helping nonprofits grow while staying IRS-compliant
We don’t just file your Form 990—we help your NYC organization use it to demonstrate credibility, governance, and impact.
What Happens If a Nonprofit in NYC
Does Not File Form 990?
Missing Form 990 deadlines can have serious consequences—including automatic revocation of tax-exempt status after three years of noncompliance. Even one late filing can lead to costly penalties or diminished donor trust.
We help NYC nonprofits avoid those pitfalls. Presti & Naegele tracks every due date, sends proactive reminders, and offers continuous support to ensure your organization stays in good standing with the IRS.
The Ongoing Benefits of Partnering with Presti & Naegele in NYC
The benefits of working with Presti & Naegele go far beyond filing. New York City nonprofits continue to gain value through:
✔ Year-round access to seasoned nonprofit tax and accounting experts
✔ Clearer internal controls and financial oversight
✔ Enhanced donor engagement via transparent filings
✔ Greater trust from boards, funders, and staff
✔ IRS audit protection and risk mitigation
Serving Clients Nationwide
Los Angeles
Detroit
Chicago
Denver
Houston
Miami
San Francisco
San Diego
Washington D.C.
Nashville
New York State
New Jersey
Connecticut
Frequently Asked Questions (FAQs)
1. What are the Form 990 filing requirements for nonprofits?
Most tax-exempt organizations with gross receipts of $200,000 or assets of $500,000 must file Form 990. Smaller organizations may file Form 990-EZ or 990-N. Presti & Naegele evaluates your exact circumstances and ensures compliance with the latest Form 990 filing requirements.
2. When is the Form 990 due date?
Form 990 is typically due on the 15th day of the 5th month after your organization’s fiscal year ends. For example, if your fiscal year ends December 31, your Form 990 due date is May 15. We track your deadlines and handle all necessary extensions to ensure timely filing.
3. What is Form 990 Schedule A and who needs it?
Schedule A provides information on your organization’s public charity status and public support. It's required for most organizations that file Form 990 or 990-EZ. Presti & Naegele ensures your Schedule A is completed with accuracy, protecting your public charity designation.
4. What is reported on Form 990 Schedule B?
Schedule B lists major donors who contribute above IRS-defined thresholds. Depending on the organization, donor names may need to be disclosed. We help you navigate privacy concerns and compliance around Schedule B.
5. Can Presti & Naegele help us with prior year corrections or amended Form 990 filings?
Absolutely. Whether you're correcting previous filings or responding to IRS inquiries, our team is well-versed in amended Form 990 procedures and ready to help resolve any issues quickly and correctly.
For inquiries or expert guidance, contact Presti & Naegele Accounting Offices. Your success awaits!
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I have had my business for more than 10 years and struggled through several *truly awful* accountants in the early years. I found Presti & Naegele about five years ago and have never looked back. They are a life-changing breath of fresh air and they will be my accountants for as long as I live. Donald Sager brings me confidence, peace and calm in an area of the business that would otherwise be stressful. He knows what he's doing and is always extremely responsive and ready with a plan of action and to explain anything at all. I am so grateful for him!
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