Strengthen your nonprofit's financial health with Flex Fees

Flex Fees are a strategic financial tool designed to enhance the sustainability of nonprofit organizations. By implementing a customizable fee—typically up to 3%—on credit card transactions, nonprofits can generate a reliable and predictable funding stream. This approach not only offsets processing expenses but also provides additional resources that can be reinvested into mission-critical programs and services. By adopting Flex Fees, nonprofits can reduce their reliance on unpredictable funding sources such as grants and donations, thereby achieving greater financial stability and the capacity to plan for long-term growth. 

Non-profits often worry that introducing new fees may result in member dissatisfaction. However, the YMCA of the Pikes Peak Region implemented Flex Fees and reported virtually no negative feedback. Their success came from transparent communication with members and clearly showing how these fees directly supported community programs and mission-driven efforts. By displaying fees as a separate line item on receipts and keeping members informed of how the revenue is reinvested, organizations can maintain and even boost member trust and satisfaction. 

Flex Fees savings are calculated based on your organization’s annual card processing volume. For example, the YMCA of the Pikes Peak Region saved $300,000 in processing expenses after adopting Flex Fees. We provide a custom ROI analysis tailored to your processing volume to show the potential savings your organization can achieve. Our detailed breakdown also includes how those savings can be reinvested into strategic growth initiatives or mission-critical programs. Savings are based on annual card processing volume, with typical savings ranging from $9k to $807k per year. 

Daxko ensures a smooth implementation of Flex Fees by working closely with your team every step of the way. We help customize the fee structure based on your organization’s needs and goals. Drawing from successful examples like the YMCA of the Pikes Peak Region, our team guides you through transparent member communication, integration with your current systems, and ongoing support to maximize savings and engagement. We make sure the transition is seamless and effective.” Our team guides organizations through configuration, ensuring seamless integration and immediate results.