Fundraising Event:

Income: $10,000 |10-15 dedicated workers| weekly efforts

Positives:

• Has possibility to earn 10,000 a year like previous fundraisers
• $10000 revenue, which will decrease the deficit significantly

Negatives:

• Daya has not organized a fundraiser for 6 years
• Current staffhaveno extracapacity;therefore,the board of directors would need to take ona task, or to hire a new team completely $$$

Alternative: Special Guest speaker/Workshop

Income: $500-$1000 (net) | 30-40 attendees | 8hrs planning time

Positives:

• Machado has recent experience with hosting this type of event
• Positive feedbackis goodfor organization
• Short planning time (8hrs)
• Can earn between $500-$1000

Negatives:

• Low return on event
• guest speaker eventguaranteedto haverevenue butisvery little. Which is incremental to cover the deficit.Plus,it will need more time from Machado or theassistanceposition to organize and arrange it.Therefore,the net income willcovertheir salaries, not the bestoption.

Additional Grants:

Income: $5000-$15,000 | 3-10hrs work per grant |mustmeet all criteria

Positives:

• Has possibility to earn $5000-$15,000 depending on grant.Which issignificantto increase the revenue
• Grantsdirectly benefit the Daya clients and community while freeing up money in budget
• Machado has considerable experience finding and writing grants

Negatives:

• Very time consuming- 3-10 hours required per grant
• Machado does not currently have time for this option, her regular work would be affected (unless someone else was able to do the work)
• Wouldhave to find someone to fill her duties while working on grants
• Applications requireadetailed budget of how funds would be spent.May fail to get the grants.
• Irregular application times would be harder to base budget on

Full-Fee Client Service

Current full-fee rate $115- Would increase| expand evening appointments

3 office spaces|Cost per session 45$(Counsellorsalaries perhour)+$15(security guardsalariesper hour)

Fee per session $180

Revenue $120/session= $7200 revenue/permonth

Positives:

• Increasing rate would create a larger revenue stream
• Moving out of downtown would attract more full-fee clients
• Rent would likely decrease with moving out of downtown

Negatives:

• Full-fee clients prefer evenings - Dayas evening counsellors are booked
• Day counsellors would need to open their availability to evenings or hire new evening staff
• Securing full-fee clients/counsellors would be a challenge due to lack of parking downtown
• Safety concern - security guard is not permitted to leave property toescortclients to their vehicles

Problem Identification

Analysis(why should we justify thesenumbers?...find evidence from the case...)

Justify numbers from the statement of operations

Other revenue -decreased significantly

individual &business donations -decreased significantly

Grants revenue -decreased significantly

materials and supplies expense -decreased significantly (why is this)

Note...please work more on option 3