Humentum’s Total Cost Recovery Template is designed for NGOs to calculate the complete cost of a project, including both direct project expenses and a proportionate share of the Organizations indirect costs. This tool will help guide your NGO in the Total Cost Recovery processes.
Inside you will find sections on:
- Budget vs. actual costs: Calculate the variance to identify under/over-spending
- Income and funding received: Easily track the committed and received funds
- Cost recovery calculation: Use the total costs and funding received to assess if costs are fully recovered
- Reconciliation summary: High-level overview of the financial status of your project
- Notes and action points: A space to record follow up actions to address variances or discrepancies
Need more help? Our NGO Cost Recovery service helps nonprofits and NGOs maximize cost recovery by clarifying direct versus indirect costs, aligning internal stakeholders, and developing a tailored indirect cost policy that supports sustainability, strengthens donor negotiations, and ensures restricted funding covers the full cost of doing business.