Business Details
37 Years
experience
Trusted Nonprofit Accounting and Financial Services in New York
Founded in 1989, NCheng LLP has established itself as a trusted leader in providing comprehensive financial services to nonprofit organizations and businesses. Our practice combines decades of experience with innovative technology solutions to deliver tailored accounting, audit, tax, and advisory services. We specialize in navigating the complex regulatory and financial landscape unique to the nonprofit sector, ensuring clients maintain compliance while achieving operational efficiency. Our team of experts prioritizes personalized service, acting as an extension of our clients' teams to support their missions and long-term sustainability.With a commitment to excellence, we leverage cloud-based accounting systems and cutting-edge methodologies to facilitate real-time collaboration and transparent financial management. Our reputation for integrity, professionalism, and client-centric solutions has solidified our role as a respected partner in the communities we serve.
Services
Outsourced Accounting
Fractional CFO Services
Audit Preparation
Nonprofit Compliance
Financial Statements
Governance Consulting
Tax Compliance Services
HUD Housing Projects
Digital Transformation
Strategic Advisory
Details
- Year established: 1989
Highlights and features
- We offer 35+ years of specialized experience in nonprofit financial services.
- Our tailored solutions align with each client's unique mission and compliance needs.
- We leverage state-of-the-art cloud-based accounting systems for real-time collaboration.
- Our team acts as an extension of your staff, prioritizing personalized support.
- We maintain a proven track record of empowering nonprofits to achieve sustainability.
Services
Outsourced Accounting
Our outsourced accounting services provide scalable solutions tailored to nonprofit needs, including month-end close, reconciliations, and financial reporting. We reduce overhead costs while ensuring accurate, timely financial management. Our expertise in nonprofit accounting standards helps organizations maintain compliance and focus on their missions.
Fractional CFO Services
Fractional CFO services deliver high-level financial strategy without the cost of a full-time hire. We assist with budgeting, forecasting, board reporting, and fundraising strategies. Our experts provide actionable insights to strengthen financial decision-making and long-term sustainability for growing nonprofits.
Nonprofit Audit Services
We offer comprehensive audit and assurance services tailored to nonprofit compliance requirements, including GAAP, Uniform Guidance, and Form 990. Our team identifies financial risks and improves transparency through independent audits, ensuring organizations meet regulatory standards and donor expectations.
Nonprofit Tax Compliance
Our tax compliance services include federal and state filings, UBIT analysis, and tax liability minimization strategies. We ensure nonprofits adhere to charitable contribution rules, employee benefit regulations, and governance best practices while maintaining tax-exempt status.
Governance Consulting
Governance consulting services evaluate board effectiveness, financial oversight, and compliance policies. We strengthen transparency, align practices with IRS and GAAP standards, and implement risk management frameworks to ensure long-term organizational integrity and stakeholder trust.
Questions
What services does NCheng LLP LLP offer for nonprofit organizations?
We provide outsourced accounting, fractional CFO services, audit preparation, tax compliance, governance consulting, and technology solutions tailored to nonprofit needs.
How long has NCheng LLP LLP specialized in nonprofit accounting?
We have over 35 years of experience dedicated to serving nonprofit organizations with financial expertise and compliance solutions.
Do you offer technology solutions for nonprofit financial management?
Yes, we implement cloud-based accounting systems and digital transformation strategies to enhance efficiency and real-time collaboration for nonprofits.
How does NCheng LLP LLP support nonprofit audit requirements?
We specialize in nonprofit audits, including GAAP compliance, Form 990 filings, and risk assessments to ensure regulatory adherence and financial transparency.
Can NCheng LLP assist with nonprofit tax exemption and compliance?
Yes, we guide organizations through tax-exempt status applications, UBIT strategies, and ongoing compliance with federal and state regulations.
Reviews (2)
Derek J.
Nov 20, 2020
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The score is ZERO. In dealing with NCheng LLP, I have never experienced such poor service in the entirety of my professional career. Lack of client value has been exhibited by repeated delayed financials, lack of one on one availability and condescending, vague, non commital when an actual individual has responded to multiple direct outreach attempts. I would encourage anyone seeking sound, considerate, professional audit services to look elsewhere. Businesses that value clients are closing everyday and it is unfortunate that my experience with an organization that is still open was so negative
Jennifer C.
Mar 10, 2015
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This location is not closed. They are the accounting firm that my non-profit uses. We work with Kenny Cosgrove's team and have been very happy with them the past 4 years.
