Project Title: Predictive Financial Model for PAASSS (with focus on Fundraising, Growth Strategy & Visualizations)

Plano Area Alliance Supporting Student Success (PAASSS)

Details
Project Title Predictive Financial Model for PAASSS (with focus on Fundraising, Growth Strategy & Visualizations)
Project Topics Data Management Operations Reporting, Financial Planning & Analysis
Skills & Expertise
Project Synopsis: Challenge/Opportunity
PAASSS (Plano Area Alliance Supporting Student Success) is at a critical juncture where it seeks to expand its community support and services further while facing the challenge of limited financial resources. The organization's mission is to empower families in the Plano area by providing essential services and supports, and to achieve this mission, it needs to identify new revenue opportunities and develop a growth strategy that aligns with its objectives.

The opportunity lies in leveraging data-driven insights to optimize fundraising efforts and enhance financial transparency. By developing a predictive financial model that focuses on revenue growth and strategic expansion, PAASSS aims to identify untapped revenue sources and allocate resources more efficiently to support its mission.

The project aims to answer key questions, such as how PAASSS's mission aligns with revenue growth opportunities, what specific community needs can be addressed through strategic expansion, and how existing financial planning processes can be improved to support growth initiatives. Success will be measured by the development of an accurate predictive financial model, increased revenue, effective data visualizations, and the successful implementation of a growth strategy aligned with PAASSS's mission.
Project Synopsis: Activities/Actions Required
  • Assess PAASSS's mission and values to identify new revenue opportunities.
  • Evaluate existing financial planning processes and their alignment with strategic growth objectives.
  • Identify key performance indicators (KPIs) for measuring revenue growth and success in strategic expansion.
  • Analyze historical financial data and revenue sources to inform the financial model.
  • Develop a financial projection model that focuses on revenue growth and strategic expansion.
  • Create data visualizations to enhance financial transparency and support strategic decision-making.
  • Refine financial model assumptions to accurately predict revenue growth.
  • Develop a strategy for using visualizations to convey financial insights to stakeholders in the context of growth strategy.

Project Synopsis: Expected Results
  • Successful development of an accurate predictive financial model.
  • A model highlighting improved fundraising outcomes
  • Effective data visualizations that showcase financial performance.

Project Timeline

Touchpoints & Assignments Date Type

Presentation #1

Sep 20 2023, 08:00 AM EST (UTC-05:00) Action Item

Final Presentation

Oct 16 2023, 20:00 PM EST (UTC-05:00) Project Milestone

Program Managers

Name Organization
Jacie Collum Northern Illinois University (NIU)