Prepare your IRS 990
Functional-category classification and schedules ready for preparer review.
What does this agent do?
OpenBooks organizes a nonprofit’s closed books into a preparer-ready Form 990 package, including functional expenses, restricted-fund detail, supporting schedules, and questions that still require human judgment.
What OpenBooks needs
- Bank feed connected
- Fiscal-year books closed
- Restricted / unrestricted funds tagged
What OpenBooks will do
- I classify revenue and expense into the functional categories the 990 requires.
- I keep restricted and unrestricted funds distinct across the return.
- I draft the 990 and the supporting schedules for your board to approve.
- I flag anything a preparer would ask about before the board sees it.
- I attach the return and the IRS acknowledgment to your Financial Record.
What you get
A preparer-ready 990 package with supporting schedules and source evidence.
Know exactly what you’ll receive
Give your preparer a clean, source-backed package instead of rebuilding the year from scattered files.
- Revenue and expense classifications
- Functional-expense statement
- Restricted and unrestricted fund detail
- Draft return and supporting schedules
- Questions and exceptions for preparer review
A clear fit before you start
Nonprofits closing the fiscal year with a board and authorized tax preparer.
You can customize
- Fiscal year
- Program and functional categories
- Board-review notes
- Preparer access
OpenBooks prepares. You decide.
- 1
OpenBooks assembles the draft package and surfaces open questions.
- 2
Your finance lead and board review the numbers and disclosures.
- 3
Your authorized preparer completes, signs, and files the return.
Before you start
Can OpenBooks submit Form 990 to the IRS?
No. OpenBooks prepares the source-backed package. Your board and authorized tax preparer review, sign, and file the return.
Does the package separate restricted and unrestricted funds?
Yes. The draft keeps donor-restricted and unrestricted activity distinct and flags missing fund designations.
Can I edit the draft before anything happens?
Yes. OpenBooks prepares a private draft and surfaces questions. You can correct the narrative, classifications, figures, and recipients before approval.
Does OpenBooks make the final decision or submit for me?
No. OpenBooks prepares and organizes the work. Your authorized human reviews every consequential decision and handles certification or final submission where required.
How is each number verified?
Figures stay linked to the underlying ledger, transactions, and available evidence so reviewers can trace the source instead of relying on a summary alone.
What if my books are not ready?
Start anyway. OpenBooks identifies the missing prerequisites and unresolved items so you have a concrete checklist instead of discovering gaps at the deadline.
Use the words you would actually search
- How do I prepare a nonprofit Form 990?
- What financial records does a 990 preparer need?
- How do I classify functional expenses for Form 990?
A preparer-ready 990 package with supporting schedules and source evidence.
Assembled over the closing week, then reviewed and filed by your authorized preparer.