Budget Presentation

Meeting of the Board of DirectorsMarch 4, 2014

Words of Vision

Big Themes

Quickly grow to a $3M Campaign

Greater investment into our community

Strengthen our role in social research

Become the agency of choice through a reputation as charitable driver of social change

New Director Hires

Finance/OpsStrategic Initiatives

Community Impact

Need for Internal

Transformation

Integrate work across the

Org’n

Staff Talent & Skills

Inventory conducted

4 Facilitated Sessions

Internal Vision

Internal Priorities10 KRA’s

HR Restructure

Efficiency4 Functional

AreasPriorities

2 Facilitated

Staff Sessions

ShareSeek Input

Revise

Internal Transformation

Financial Reporting Work: Departmental, Patterning, Cash Flow, Budget

We take collective action using our knowledge and resources to enable measureable change in

the communities we serve.

New Internal Vision

Become an organization that will raise $3 million annually through a diversified revenue stream

and will strategically invest our donors’ dollars in our three priority

areas.

Priorities for Action

Diversify our revenue development strategies Expand opportunities for donor engagement Acquire and deploy technology Increase and diversify our community

investments Complete staff restructure to support new vision Review the role of volunteers

Key Result Areas - Budget

Resource Development

$3 Millio

n

Aggressive Goal

Setting

Diversify Revenue

MG/IG

Custom Workplace Campaigns & Leaders

Donor Acquisition

& Retention

New Busines

s Dev

Stretch goal of $2,117,000 Exclusive of United Way fund transfers

Enhanced focus on leadership giving 4 Loaned representatives P-T Labour Specialist CEO key account supervision CI Director engagement

Campaign 2014

Primary objective to support increased fundraising and community investment

Proposed headcount reduction from 1915.7 Collapsed functional areas from 54

Resource Development, Community Impact, Finance & Operations, and Corporate Services

Re-envisioning of job roles across the org’n

HR Restructure

Draft Org Chart

Wages & Salaries

2013-14FTE 19

2014-15FTE 15.7

Variance

Wages & Salaries $929,471 $830,009 ($99,462)

Benefits $110,532 $102,519 ($8,012)

Reserve $103,920

$1,040,003 $1,036,448 ($107,475)

Budget Overview

Support Internal Transformation

Set up for Success $2.117M Campaign $5.163M Revenue $1.051M Agency Pymts Positive Net Gain of

$3.6K

Projected reserve of $100K Retained until yr end Provides investment

capacity or buffer for underachievement

Budget 13-14 YE Projection Budget 14-15

$5,335,7

50

$4,819,347

$5,163,8

80

$4,557,1

04

$4,308,1

38

$4,500,4

64

$77,846

-$150,398

$3,686

Revenue Expenditure Net

Budget Comparisons

Planned Expenditures

Fundraising; 12.78%

Agency Al-lotments; 20.37%

Donor's Choice; 2.40%

Community Programs;

16.70%

EWTE; 0.17%

LEAP; 29.65%

HPS; 17.91%

Budget 13-14 YE Projection Budget 14-15

$1,885,5

18

$1,803,9

32

$2,117,0

00

$484,482

$138,946

$160,000

$2,295,000

$1,909,435

$2,192,200

$700,800

$661,607

$659,730

Donations & SE UW Transferred FundsNet Campaign Revenue Expenditures

Campaign Budget Comparisons

Capital Budget

2014-15 2015-16 2016-17

BFWD $84,219 $111,399 $96,570

Acquisitions $58,700* $23,325** -

Amortization $31,520 $38,154 $41,632

Balance $111,399 $96,570 $54,937

*Software: $50,600 Andar, $1,100 Prospect, $7,000 Call Centre**Software: $23,325 Andar

LEAP Program Payments

Actual2012-2013

Projection 2013-14

Budget 2014-15

LEAP $1,908,012 $1,495,120 $1,530,000

Administrative Fees $385,275 $263,845 $270,000

Wages & Benefits $127,243 $127,243 $63,157

Amortization $2,387 $2,387 $3,087

Telephone Costs $6,015 $6,015 $7,000

Net Contribution $207,098 $80,027 $159,959

*Software: $50,600 Andar, $1,100 Prospect, $7,000 Call Centre**Software: $23,325 Andar

Transf

ormati

on