Budget Presentation Meeting of the Board of Directors March 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

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

 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 19  15.7  Collapsed functional areas from 5  4  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 FTE FTE 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 Comparisons

Planned Expenditures

Campaign Budget Comparisons

Capital Budget 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 Actual Projection Budget LEAP$1,908,012$1,495,120$1,530,000 Administrative Fees$385,275$263,845$270,000 Wages & Benefits$127,243 $63,157 Amortization$2,387 $3,087 Telephone Costs$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

Transformation