1. FINANCING MODERN ACADEMIES

2. FINANCING MODERN ACADEMIES (DARWIN WAS RIGHT)

3.  Unfit:  Mount Vernon Academy  Valley Grande Academy  ______ _______ Academy Fit: __________ __________ Academy

4.  “ Pond has become a pool”  “Graying of Adventism”

5.  “ Graying of Adventism”  “Browning of Adventism”

6.  “ Pond has become a pool”  “Browning of Adventism”  “Declining Quality”

7. When you discover you are riding a dead horse, the best strategy is to dismount.

8. 1.Change riders 2.Threaten the horse with termination (closing) 3.Appoint a committee to study the horse

9. 4. Arrange a visit to other sites to see how they ride dead horses 5. Hire outside managers to ride the dead horse 6. Lower expected performance requirements for all dead horses 7. Harness several dead horses together to improve

10.  “…MONEY  IS THE ANSWER  TO EVERYTHING.”

11. I. Money Follows Vision II. Money Follows Quality III. Money Follows Results

12. I. Money Follows Vision

13. I. Money Follows Vision Donors are Investors

14. I. Money Follows Vision II. Money Follows Quality III. Money Follows Results

15.  2001 – 71  2002 – 122  2003 – 142  2004 – 160  2005 – 140s  $3.2 million over 3 years

16.  2006 – 135  2007 – 175  2008 – 225  2009 – 240  2010 – 2012 -- 225s  2014 – 175  $4.5 million – 2006 to 2008

17.  2009 – 135  2010 – 155  2011 – 158  2012 – 182  2013 – 187  2014 – 195  $6 million – past 6 years

18.  Overpriced (low and middle income parent)  Quality of Education Product

19.  Meet Customer Demands  With Quality Products  At Reasonable/affordable Prices = SALES!!

20. I. Money Follows Vision II. Money Follows Quality III. Money Follows Results

21.  1. Mission: Identify and Follow it

22.  1. Mission: Identify and Follow Mission  2. Continuous Improvement Plan (CIP)

23.  1. Mission: Identify and Follow Mission  2. Continuous Improvement Plan (CIP)  3. Enrollment and Development  Increase Enrollment  Donors from Alumni and Friends

24.  1. Mission Statement  2. Continuous Improvement Plan  3. Enrollment and Development  4. Contract Teachers

25.  1. Mission Statement  2. Continuous Improvement Plan  3. Enrollment and Development  4. Contract Teachers  5. Reliable IT

26.  1. Mission Statement  2. Continuous Improvement Plan  3. Enrollment and Development  4. Contract Teachers  5. Reliable IT  6. International Students

27.  1. Mission Statement  2. Continuous Improvement Plan  3. Enrollment and Development  4. Contract Teachers  5. Reliable IT  6. International Student  7. Scholarships and Financial Assistance

28.  1. Mission Statement  2. Continuous Improvement Plan  3. Contract Teachers  4. Reliable IT  5. International Students  6 Campus Industries  7. Scholarships & Financial Aid  8. Financial Plans

31. 10. “NQSWBTA Because Of Finances”

32. 11. Financial Assistance - Unlimited

33. 10. “NQSWBTA Because Of Finances” 11. Financial Assistance - Unlimited 12. Accounts Receivable – 92%+

34. 10. “NQSWBTA Because Of Finances” 11. Financial Assistance - Unlimited 12. Accounts Receivable – 92% + 13. Advertising

35. 10. “NQSWBTA Because Of Finances” 11. Financial Assistance - Unlimited 12. Accounts Receivable – 92% + 13. Advertising 14. Strategic Budgeting

37. 10. “NQSWBTA Because Of Finances” 11. Financial Assistance - Unlimited 12. Accounts Receivable – 92% + 13. Advertising 14. Strategic Budgeting 15. Financial Reporting

41. 10. “NQSWBTA Because Of Finances” 11. Financial Assistance - Unlimited 12. Accounts Receivable – 92% + 13. Advertising 14. Strategic Budgeting 15. Financial Reporting 16. Enrollment

42. An Active System, with Executive Functions, to Provide Quality Education.