Page 33 - At a Glance Strategic Plan Final
P. 33
6 Goal – 6.2
Financial Stewardship and Revenue Growth
Desired Outcomes
New funding for innovation, expansion, and priority options.
Stable organization.
Unrestricted funds to supplement staff pay, support innovation, provide flexibility.
Staff understands and manages financial and program data.
Broad base of funders and strong financial partners as well as multiple options in funding
types (e.g., Medicaid income for supportive housing).
Financial stability.
Program needs match available funds.
Cohesive approach to developing budgets and addressing funding challenges (e.g., Finance
staff advocate for Program and client needs).
Number of Development staff reaching their annual fundraising goals.
Examples of Potential Measures
Percent of programs showing reduced deficits in monthly financials reports.
Cost of raising funds meets or is below industry benchmark.
Increased diversity, number and amount of revenue sources.
Amount of financial reserves.
Amount of cost savings through workforce efficiencies.
Third party audit findings and reports.
Cost of supplementing staff salaries and benefits.
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