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CHARITABLE VENTURES OF ORANGE COUNTY (10)
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CHARITABLE VENTURES OF ORANGE COUNTY (10)
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Last modified
11/9/2017 8:52:01 AM
Creation date
11/7/2017 4:50:57 PM
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Contracts
Company Name
CHARITABLE VENTURES OF ORANGE COUNTY
Contract #
A-2013-131-01
Agency
Community Development
Council Approval Date
8/5/2013
Destruction Year
0
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Model A Agreement <br />FEE SCHEDULE NOTES <br />' CVOC changes a flat rate of 9% for all projects with annual revenues under $1,000,000. This rate is inclusive of <br />all the services listed in the table below. After the first year of operation, there is a minimum annual fee of <br />$2,000. <br />z Rates for Projects anticipating greater than $1,000,000 in revenue will be negotiated depending on the nature <br />of anticipated transactions and required levels of support. <br />'Thank you letters and tax receipts are generated for all donations. Letters are customized by Project or event. <br />CVOC utilizes registration software and allows sponsored Projects to set up events through our reduced non- <br />profit pricing. Event receivables are subject to standard CVOC fiscal sponsor fees. Additional fees will apply for <br />event page setup. <br />s Financial reports are provided for each sponsored Project, and include Statement of Financial Position, YTD & <br />monthly Statement of Activity, Activity by Class, Budget to Actual, and Activity by Funder. <br />e CVOC provides individual checking accounts for all Projects with customized check stock for all projects with an <br />annual revenue of $25,000 or greater; reserve accounts are opened for Projects with greater than $1,000,000. <br />Projects with less than $25,000 in anticipated annual revenue do not receive segregated checking accounts. <br />z CVOC provides training and assistance for each Project to develop a fiscal year budget with cash flow <br />projections in Q3 of each calendar year. Development of specific project budgets or break-even analyses are <br />considered additional services. <br />a All fiscally sponsored Projects are included in the annual audit and tax form submittals. Projects seeking grant <br />funding may utilize CVOC audited financials in their application packages. Projects requesting single audits on <br />grants will be assessed separate audit fees. <br />9 CVOC allows the resale of merchandise in support of Project awareness or activities, and supports the payment <br />of sales tax to the State Board of Equalization. <br />10 CVOC oversees onboarding of Projects' staff to ensure compliance with State and Federal employment regulations. <br />" CVOC supports the development of compliant contract scopes of work and reports all independent contractors <br />to the EDD in compliance with California Labor Law. <br />"CVOC offers general trainings for Projects in support of project development and planning as part of our <br />standard fiscal sponsorship agreement. Training that is specific to the business needs of an individual project is <br />also available and subject to additional fees based on the scope of the required training program. <br />" Base liability and umbrella coverage are included in the sponsorship fee, however, some Projects may need <br />additional liability coverage, such as Errors and Omissions, or Accident Coverage for offsite locations. While <br />Projects must cover the full cost of premiums, CVOC will assistant in identifying and procuring competitive <br />policies. <br />1505 E. 17th Street, Suite 101, Santa Ana, CA 92705 <br />Tel: 714.597-6630 Fax: 714.647.0901 <br />info@charitableventuresoc.org www.charitableventuresoc.org <br />
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