Budget Planning and Goals Chris Brand President/CEO

1. Budget Planning and Goals Chris Brand President/CEO Friends of Disabled Adults and Children, Too! FODAC: www.fodac.org

2. Annual Operating Budget Methods of Collecting, Storing, Refurbishing, and Distributing all affect budget. • How will you accept donations? • Serve all age groups? • All counties? • What programs? • How many staff?

3. Annual Operating Budget Estimate low to high scenarios, take previous 3 year average if other indicators are not clear • Don’t add pending requests in budget • Plan to raise more funds than you spend  (contingency) • Do a Staff needs study of program delivery • Do a separate Capital Budget

4. Strategic Planning • Completed annually for next 3-5 years • Aggressive but achievable • Mission oriented • Capital, Programming, and Staff development goals

5. ROI • Admin/Overhead Formula is the actual percentage of administrative and fundraising expenses. This percentage is computed from information on the IRS Form 990 by adding the amount spent on "management and general" (line 14) to "fundraising" (line 15) and dividing the resulting total by "total revenue" (line 12). Example: (14) $73,368 + (15) $94,856 divided by (12) $3,702,606 = 4.5%

6. ROI • Cost allocation-- % or $ amount of all resources allocated per program (Children’s DME, Home Modification program, by county)

7. ROI • % or dollar amount does not always correlate to the consumer benefits (outcomes). • Fast ways to increase your ROI: • Have an equipment drive • Start another program that will use significant % of human and capital resources

8. Budget Planning Income

9. Budget Planning Expense

10. ROI Cost Allocation

11. ROI – FODAC DME