Core Services
FISCAL SPONSORSHIP
- Federal and state tax exemption on project revenue
- Tax deduction on contributions offered as incentive to supporters
- Ability to apply for grants reserved for charitable organizations
ORGANIZATIONAL COMPLIANCE
- Annual filing of Form 990 to IRS, Form 199 to the state of California, and RRF-1 filing
- Annual Audited Financial Statement produced by outside CPA firm
- Annual filing with the state Attorney General for option to conduct raffles
- Guidance in best practices within nonprofit sector on fiscal procedures
- Compliance with Generally Accepted Accounting Principles (GAAP)
- Legal Consultation on project activities
ADMINISTRATIVE SUPPORT
- Tax receipts issued to donors for contributions of $100
- Tax receipts are sent out three business days after deposit of funds
- Workers compensation insurance management including annual audit of coverage
- Expertise and guidance on general questions related to nonprofit management
- Organizational insurance management for policies that cover projects in the following areas:
- General Liability
- Directors and Officers
- Non-owned Auto Insurance
-
Sexual Harassment and Misconduct Claims
- Property Coverage include project employees, advisory boards, and volunteers.
FULL CHARGE BOOKKEEPING OF PROJECT FUNDS
Income
- Processes all revenue of the project including donations, grants, contracts, memberships, project related sales income, and in-kind donations
- Guides projects on set-up for online and mobile credit card processing for revenue
- Tracking donor contact information for projects
Expenses
- Offers streamlined system for projects to provide receipts and invoices for expenses
- Processes all payments for the project via check, electronic fund transfer, and wires
- Payments issued as reimbursements to project team, or direct pay to vendors of the project
Financial Reports
- Profit and loss statements for project activity are issued at anytime as requested
- Project actuals vs. budget tracking can be set up for each group
- Restricted sub-accounts based on a grant or fundraising program are set up as needed
- A budget template is distributed each year to guide projects in developing an annual budget
HR MANAGEMENT AND PAYROLL SERVICES
- Cost analysis performed to determine budget for hiring employees
- Dedicated staff to guide in hiring process for project employees
- On-boarding of new staff including review of Employee Handbook and IISP policy
- Payroll processing for project employees, including paystubs and annual W4 form
- Group medical insurance plan project employees participate
- Group plan includes medical, dental, vision, life and long-term disability coverage – both HMO and PPO options
- Access to human resource attorney, available pro bono to projects
GRANT & CONTRACT MANAGEMENT
- Review of grant proposal narratives and budgets
- Grant fund tracking against budgets throughout grant period
- Drafting of interim and final financial grant reports
- Review of interim and final narrative grant reports
- Ensure compliance with agreements
- Drafting invoices & tracking payment for reimbursable grants/contracts
- Maintains calendar of grant deadlines sending reminders to projects
SEE COMMUNITY & COLLABORATION OPPORTUNITIES
- Emphasis on SEE thriving as a community of projects
- Hosts monthly live chat exclusive to SEE projects with emphasis on networking
- Technical training provided monthly to projects on relevant topics in nonprofit sector
- Facilitated peer-learning sessions and resource sharing
- Introductions to funders are made when situations arise
