Form 990 Accounting in Philadelphia
Ensure Compliance and Transparency with Expert Form 990 Preparation and Filing in Philadelphia
Presti & Naegele delivers dependable and timely Form 990 accounting in Philadelphia for nonprofit organizations across the region. Whether you oversee a charitable trust, a private foundation, or a community-driven nonprofit, our professionals make sure your Form 990 is filed accurately, complies with IRS requirements, and upholds your organization’s mission.
From education nonprofits near University City to arts and cultural organizations in Center City, Philadelphia’s nonprofit sector is both diverse and influential. We ensure your reporting supports your mission while strengthening your public image. With Philadelphia’s deep history and vibrant community programs, accurate Form 990 preparation is a key part of sustaining donor trust.
What Is Form 990 Used For in Philadelphia?
The IRS mandates that tax-exempt organizations—including charitable trusts and section 527 political groups—submit Form 990 each year. For Philadelphia nonprofits, detailed and reliable Form 990 accounting is vital, not only to stay compliant but also to maintain transparency and donor confidence.
Presti & Naegele assists Philadelphia organizations by delivering precise and thorough filings that reflect both mission and governance standards.
Comprehensive Form 990 Services in Philadelphia Include:
✔ Full preparation and electronic filing of Form 990, 990-EZ, and 990-PF
✔ Clear guidance through Form 990 instructions to avoid errors
✔ Support with all required schedules, such as:
✔ Schedule A – Public charity support reporting
✔ Schedule B – Donor and contributor disclosures
✔ Additional schedules C, D, G, and more
✔ Comprehensive compliance check for IRS Form 990 filings
✔ Ongoing support tailored to the needs of Philadelphia nonprofits
40+ years of celebrating the power of philanthropy by supporting our clients and their vital initiatives.
Who Must File a 990 in Philadelphia with the IRS?
Most nonprofit organizations serving Philadelphia must file some form of Form 990 each year with the IRS. These typically include:
✔ Public charities and private foundations
✔ Religious organizations (where required)
✔ Political and advocacy organizations
We help Philadelphia nonprofits determine the correct form type and file Form 990 on time to protect their tax-exempt standing.
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 Philadelphia?
Completing Form 990 is complex, and accuracy is essential. Presti & Naegele partners with Philadelphia nonprofits to prepare filings that accurately reflect organizational goals and operations. Our team works closely with:
✔ Executive directors and nonprofit leaders
✔ Finance staff and administrative teams
✔ Board and compliance committees
✔ Fundraising and development professionals
✔ Legal, tax, and accounting experts
Why Choose Presti & Naegele for Form 990 Filing in Philadelphia?
Nonprofits throughout Philadelphia trust Presti & Naegele for our experience and customized service. Our advantages include:
✔ Over 40 years of specialized nonprofit tax compliance expertise
✔ A team of 60+ CPAs, MBAs, and other skilled professionals
✔ Complete understanding of Form 990 instructions and schedules
✔ Services tailored to Philadelphia’s nonprofit community
✔ A track record of keeping mission-driven organizations compliant and credible
We ensure your Form 990 is more than a filing—it becomes a statement of accountability.
What Happens If a Nonprofit in Philadelphia
Does Not File Form 990?
If a nonprofit misses its Form 990 filing three years in a row, it will lose tax-exempt status. Even one missed deadline can result in penalties and reduced donor confidence.
Presti & Naegele supports Philadelphia nonprofits with proactive tracking, reminders, and complete filing services to prevent these issues.
The Ongoing Benefits of Partnering with Presti & Naegele in Philadelphia
Our partnership continues after your Form 990 is filed. Philadelphia nonprofits benefit from:
✔ Year-round access to nonprofit tax specialists
✔ Streamlined reporting systems and filing processes
✔ Stronger donor relationships through transparent reporting
✔ Improved trust among boards and funders
✔ Continued compliance support with IRS requirements
Serving Clients Nationwide
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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