87% of all charities in the United States have annual revenues under $1,000,000. These organizations spend approximately 15% of their annual budget on administration and fundraising services. Ministries that operate as a part of The Associate Ministers Partnership under the Joy To The World Foundation family receive all of the administrative and fundraising services listed below for only 5% of their annual budget, allowing them to spend more time and money on program and donor relationships. The goal at The Associate Ministers Partnership is to provide its partners with all of the ministry fundraising services that are available in much larger organizations at a fraction of the cost.
How much would you have to spend each year in time and money on the following services?
- Receipting/bookkeeping/checkwriting and project oversite/expense reports
- 990 Form preparation and annual Certified audit
- Merchant services with credit card and ACH processing, free wires
- IRS and state compliance, charitable state registrations in all states
- Directors and Officers Insurance for your board
- Professional investment advisement
- Legal and accounting support
- Planned giving materials, management and technical support
- “Help desk” support for staff and donors
- Staff access to financial information on the web 24/7
- Constituency Relationship Management System
- Multiple ways for donors to give; stock, real estate, business int. etc.
If you choose to become a partner with The Associate Ministers Partnership, you can:
- Keep your ministry identity
- Be relieved of many fixed overhead costs
- Link all of the Foundation services to your website
- Set up subaccounts for your project accounts and give project managers direct access on the web to the information they need with a username and password
- Set up a master account for your ministry so that leadership and board members can see total activity
- Empower your staff and board to better promote your charity, because they will have the security that there is a professional backroom behind them and the projects. Time that would be used on administration can be spent on program and cultivating donors.
If you were to get these services yourself, you could expect to pay:
- Receipting/bookkeeping/checkwriting and project oversite/expense reports (50% of an FTE with salary and benefits $30,000)
- 990 Form preparation and annual Certified audit ($6,000)
- Merchant services with credit card and ACH processing, free wires US and international ($2,000)
- IRS and state compliance, charitable state registrations in all states ($10,000)
- Directors and Officers Insurance for your board ($2,000)
- Professional investment advisement (usually requires at least $1,000,000 of investment assets to get good advice and reduced fees)
- Legal and accounting support ($3,000)
- Planned gift materials, management and technical support ($20,000 – consultant)
- “Help desk” support for staff and donors ($20,000 – staff time and software)
- Staff access to financial information on the web 24/7 ($10,000 – staff time and software)
- Constituency Relationship/Management System ($1,000+)
- Peace of mind knowing things are being handled (PRICELESS!)
Contact us at (719) 260-1173 or email us at www.associateministerspartnership.org to find out how we might be able to help you establish your ministry and help you with administration and fundraising.
WE HELP THOSE WHO HELP OTHERS!