Fiscal Sponsorships and Nonprofit Partner Administrative Agreements are structured differently but share the same fee structure and, generally, the same services.

Fee Structure

Once a project has been accepted, NMCF establishes a customized project management fee for the project based on the following guidelines.

Initial Fee

A $500 initial fee is assessed for project set-up which covers the main account creation, chart of accounts and intake. An extra $100 fee is assessed for creation of each sub-account within the main account. Such sub-accounts may be required by a funding source if restrictions attach to a grant or contribution.

Basic Service Fees

NMCF provides a set of basic services for every project.

Services included in the fee:

1. All contributions received from individuals and businesses are qualified as tax deductible. Contributions received from private foundations are qualified expenditures.
2. W-9 form and enrollment of independent contractor(s). (Sponsorship may not have any employees or withholding.)
3. Periodic stipend processing for independent contractors
4. End-of-year tax reporting for Independent Contractors (1099-misc)
5. Regular Payables/Disbursements on invoices with occasional emergency disbursements
6. Quarterly FASB Financial Reports (financial statements, budget/balance sheet/income statement/cash receipts/disbursements)
7. Account is included in the overall NMCF audit
8. NMCF staff are bonded and insured
9. Donor acknowledgment and IRS substantiation letters provided
10. Donor reports (list of every donor to the sponsorship)
11. Petty cash account
12. Reasonable technical assistance consultation
13. Office expense incurred by NMCF (phone, copying, stamps) to maintain the account

Services not included in the general fee:

1. Frequent requests outside the normal payable cycle
2. Production/layout of materials
3. Mailings/photocopying
4. Office space/computer or equipment access
5. Insurance

Basic service fees are generally assessed as follows:
· 7% for projects with annual incoming revenue up to $100,000
· 5% for projects with annual incoming revenue above $100,000

The above fees are increased by one percentage point (i.e., from 7% to 8%) if average receipt amounts are below $1,000, or average disbursement amounts are below $100.

Additional Fees

Additional fees, determined on a project-by-project basis, may be assessed for resource-intensive or extra services such as custom reporting (standard reports are provided by e-mail), high volume receipts and/or disbursements, more frequent or specially formatted reports, special assistance with government compliance reporting and information provided to auditors.

Specific Additional Fees

Interim standard reports — $10 per report
Monthly budget vs. actual report — $50 set up fee, $10 quarterly fee
Custom or one-time requests (such as auditors’ requests or compliance reports) — $50/hour.