What is Fiscal Sponsorship? Agreements, Benefits, and Costs
Fiscal sponsorship allows organizations to operate under the umbrella of an established nonprofit, giving them access to charitable funds without the hassle of setting up their nonprofit entity so they can focus on what they do best: bringing their social change projects to life. With Mission Edge, we handle the administrative workload and provide strategic support to help you scale and grow.
Marketing Business Increases Profit Margin with the Impact Lab
Sometimes, all it takes is fresh eyes and a new perspective. That's precisely what our finance experts did to help Gwen get her marketing business on a path toward profitability and scalable growth. Gwen's journey with the Impact Lab demonstrates the importance of strategic financial analysis, tracking expenses, niche targeting, and specific pricing strategies that can lead to profitability.
Fiscal Sponsorship – Which Model Is Right for You?
When considering Fiscal Sponsorship, both Model A and Model C have a range of benefits that vary depending on your specific situation. There are financial, administrative and cultural advantages to both options. Understanding the diverse ways fiscal sponsorships can affect your organization can help make your decision easier.
From an Idea to a Plan: Qualcomm’s Racial Justice Initiative
Qualcomm’s racial justice initiative sought to allocate $500,000 across 10 different organizations, each actively working to dismantle racial injustices in unique ways. Mission Edge facilitated this process, making sure the initiative was not just about financial support, but that it also brought employees together to engage in meaningful dialogues on racial justice.
Breathing Life Into End-of-Life Care
A veteran, death doula, and educator, Dr. Qwynn Salazar is on a mission to ignite change in how we provide end-of-life care for those who served in the military. That’s why she started her organization, In Their Honor (ITH), in 2021 — to raise awareness and address veterans’ challenges as they approach the end of their lives.
Expanding an International Business
Founder Thulani Ngazimbi comes from a diverse background in product development and sales. Currently based in Portugal, Thulani wanted to expand his business in both the US and European markets, but the currency exchange was causing him to run into some issues.
Fiscal Sponsorship: Model A vs. Model C
There are two main types of fiscal sponsorship: Model A and Model C. Also known as "direct" or "comprehensive" fiscal sponsorship, Model A is an all-in-one solution; this is a nonprofit in a box. Model C is sometimes called "indirect" fiscal sponsorship or a "pre-approved grant relationship."
A Sweet Small Business Success
We paired Vanessa with a financial expert and the comprehensive support she needed to address her challenges running her bakery. Together, they completed a revenue forecast for her business and worked on strategies for capacity management, compensation, and supplier-related issues.
From Losses to Long-Term Profitability
At the time Andrea joined Mission Edge, her primary challenge was profitability. Despite the fact that they’d been able to generate significant revenue, the company was still incurring losses. Andrea knew she needed help identifying areas to cut costs and improve margins, as well as advice on how to allocate an employee retention tax credit payment she received as she was going through our program.
Beats and Balance
Sometimes you just need a perspective check before you move forward. After working with us, Angela had better insight into her financial situation and was able to develop a clear plan for how much income she’d need to keep pursuing her DJ career while simultaneously preparing for parenting full-time.
Spinning Up Success
Daniel “DJ Danny” Torres is a SoCal-based professional wedding and corporate event DJ. With the ultimate goal of opening his own venue space, Danny needed some assistance setting up for long-term success. He started working with Mission Edge seeking help to set revenue goals and optimize his pricing strategy.
Preparing for SMB Success
Here at Mission Edge, we’ve seen countless small to medium sized business owners like you go from overwhelmed and anxious about their finances to in-control and knowledgeable. We believe that working with an experienced, unbiased professional is the best way to get unstuck from whatever is holding you back and finally work toward unlocking your business’s full potential.
Not Your Average Internship
San Diego Gas and Electric came to Mission Edge at the beginning of the summer wanting help with getting their interns connected to the San Diego community in a meaningful way. We partnered with SDGE to facilitate a virtual social impact project for more than 40 of their summer interns who were eager to make a difference in the community through their roles supporting nonprofit partners.
How Mission Edge Helped This Biotech Company Give Back to the Community
When Illumina came to Mission Edge three years ago, they wanted to facilitate a volunteer project that engaged an important cohort: interns. Their goal was to help early-stage professionals understand that community engagement is an integral part of working at Illumina. Now, for the third year in a row working with the biotechnology company, we’re creating a virtual volunteer project for Illumina’s summer interns.
Empowering Change: Mission Edge and Qualcomm's San Diego Employee Giving Committee
Mission Edge came alongside Qualcomm to advocate for nonprofits and provide Qualcomm’s employees with the information they needed to make selection decisions. Because Mission Edge understands both corporate and nonprofit cultures, we were able to create a CSR program that truly meets the needs of local nonprofits, and helped Qualcomm select partners that fit within the giving goals of the program.
How Switchfoot Bro-Am Restructured to Keep Growing
Through our fiscal sponsorship program, we provided the Bro-Am with full-service accounting and human resources services, as well as a proven nonprofit structure to operate within. The partnership allowed the band to focus on focus on planning their art, community impact, signature events and fundraising, leaving nonprofit management and logistics to the experts (us).
From Overwhelmed to Managed Growth
Alicia Fox is passionate about helping her clients achieve a healthy lifestyle. While growth is a good thing, Alicia and her two employees were feeling overwhelmed by the size of their new business, and the growing to-do list that went along with it.
A Guide to Finding the Right Small Business Finance Coach
If the words “finance coach” put a bad taste in your mouth, you’re not alone. A small-business financial coach will help you create a plan that covers everything from basic business concepts to managing your cash flow. Rather than a one-size-fits-all plan, you’ll get advice and insight tailored to where you currently are as a business and where you want to go.
A Guide to Fiscal Sponsorship
If you’re a CEO or business leader on a mission to do more than increase your profit margin or enhance your bottom line, you might be wondering if it makes sense to have a fiscal sponsor. But how should you know if fiscal sponsorship is the right move for you? Let's define fiscal sponsorship, explore the different types, and debunk common fiscal sponsorship myths.
What a Small Business Coach Can Do for Your Business
A finance coach is an experienced financial professional who partners with small businesses to provide strategic financial guidance, expertise, and support. (Around here, we like to call them CFOs or “finance experts.”) They work closely with business owners and leadership teams to understand the company's goals, financial challenges, and growth strategies.