NY S00628

Requires registered charitable organizations receiving over $500,000 in annual gross revenue and support to file annual financial reports with the New York Attorney General by the 15th day of the fifth calendar month after fiscal year close.

Authorizes the Attorney General to require reporting of contributions or grants received from any government agency during the reporting period, including foreign government entities.

Applies the same government agency contribution reporting requirement to charitable organizations receiving over $750,000 and over $1 million in annual gross revenue, with staggered effective dates for each threshold.

Maintains existing requirements for independent certified public accountant audit reports and financial statements prepared in accordance with generally accepted accounting principles.

Imposes a $25 filing fee payable to the Attorney General with each annual financial report.