1. Management Services & Fiscal Sponsorship
The Connecticut Association for Human Services, Inc.

2. About CAHS
CAHS was founded in 1910 and is a 501(c)(3) charitable organization
CAHS has been a fiscal sponsor—and provided accounting services—to agencies for over 20 years, managing budgets ranging from $50k to over $3MM
Experience with QuickBooks, Abila Fund Accounting (formerly Sage MIP), and Peachtree Accounting packages

3. Banking Separate bank accounts maintained
CAHS’ Executive Director, Jim Horan, would be the lead signer on all bank accounts with members of CAHS’ Board of Directors as additional signers
CAHS makes bank deposits on a weekly basis; additional deposits can be accommodated
All bank accounts are reconciled on a monthly basis

4. Payroll Direct Deposit is available for your employees
Timesheets can be reviewed by CAHS staff
Sick, Vacation, and Personal time will be calculated and tracked for your staff
Payroll Tax processing is provided by CAHS
Pension Plan processing and compliance is provided through an outside vendor
Check stubs may be provided either electronically or via paper

5. Accounts Receivable & Accounts Payable
Invoices are generated for your services, sent either electronically or via mail
Statements generated for past due balances as requested
Checks are written for invoices on a weekly basis
Expenses are accrued to the proper time period
for your grant tracking
1099 Processing occurs in January for all eligible vendors

6. Benefit Package
CAHS provides Human Resource support to assist you with your employees benefits, including:
Health Insurance
Dental Insurance
Life Insurance
Pension Plan

7. Accounting Services Maintenance of General Ledger accounts
Audit support and preparation on an annual basis
Separate 501(c)(3) charities: will assist with your audit
Fiscal Sponsorship: will be included with CAHS
Interim un-audited Financial Statements available as requested (no less than quarterly)
Statement of financial position (balance sheet)
Income statement (P&L)
Budget v. actual reports, if budget provided

8. Fee Structure
The annual fee for Fiscal Sponsorships varies across the country, average is 5.6%
CAHS’ fee will be based upon the size of your organization and scope of the services you desire

9. Other Benefits
Insurance – Benefit from being part of CAHS’ business travel, general liability, and other business insurance coverages
Lobbying reports to CT Office of Ethics, if applicable
Tax-Exempt: sponsored organizations may be able to take advantage of CAHS’ 501(c)(3) charity designation
Savings with sales tax benefits
Receive tax-deductible donations
Flexspace at CAHS for occasional meetings, as available

10. Sample Balance Sheet

11. Budget V. Actual

12. How our Current Sponsored Organizations Feel
“CAHS has served as fiscal agent for us on several grant-funded efforts, ranging in size from $5,000 to $1.2 million.  CAHS is the ideal fiscal agent – professional, available, very competent, reasonable in pricing structure, extremely responsive.  We consider CAHS a trusted and valued partner and highly recommend them as a fiscal sponsor.” – Mary Kate Lowndes, Connecticut Commission on Children

13. Contact Information
Rob Blakey – Finance Director
ext 222
Jim Horan – Executive Director
ext 235