How does fiscal sponsorship save money?
Studies show that new nonprofits spend 15-25% of their annual budget on administrative tasks like accounting, payroll, and HR. Fiscal sponsorship helps reduce these costs by handling back-end operations, allowing more funds to go toward the organization's mission.
Studies show that new nonprofits spend 15-25% of their annual budget on administrative tasks like accounting, payroll, and HR. Fiscal sponsorship helps reduce these costs by handling back-end operations, allowing more funds to go toward the organization's mission.
Studies show that new nonprofits spend 15-25% of their annual budget on administrative tasks like accounting, payroll, and HR. Fiscal sponsorship helps reduce these costs by handling back-end operations, allowing more funds to go toward the organization's mission.