Transcript Show me the Money…

The Leadership Institute
presented by Prime Time Palm Beach County, Inc.
Show Me the Money!
Jerry Frenz
CFO/COO
&
Tammy D. Greer
Director of Communications & Resource Development
Prime Time Palm Beach County, Inc. receives significant funding from the Children's Services Council of Palm Beach County.
The Leadership Institute
presented by Prime Time Palm Beach County, Inc.
Building an Intermediary Organization
Start-up Cost?
Annual Cost?
Funding Sources?
The Leadership Institute
presented by Prime Time Palm Beach County, Inc.
Intermediary Organization
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Quality Improvement System (QIS)
Professional Development System (PD)
Community Engagements & Supports (CES)
Research & Evaluation (R&E)
The Leadership Institute
presented by Prime Time Palm Beach County, Inc.
Start Up Costs
2002
– Salaries & Benefits
– Consultants
– Scholarships
– All other
– Administrative Costs
– Total Cost
$166,586
$ 22,361
$ 14,396
$ 68,276
$ 69,107
$340,726
2003
$240,175
$ 30,100
$ 44,433
$116,299
$ 86,565
$517,572
The Leadership Institute
presented by Prime Time Palm Beach County, Inc.
• Experienced Board of Directors
• Relatively Small Staff (6 to 8)
• Early Consulting Support
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–
YDI
Chapin Hall (annually)
High/Scope
Independent Contractors
$30,000
$60,000
$50,000
$50,000+
The Leadership Institute
presented by Prime Time Palm Beach County, Inc.
2002
2005
$340,726
$3,899,618
Program Salaries &
Benefits
188,558
Program Salaries & Benefits
230,796
Consultants/Professional
Fees
69,107
Scholarships & training &
practitioner incentives
166,586
68,276
14,396
22,361
298,391
155,232
Afterschool youth activities
overlays/enhancements
/ELO's
all other
General & Administrative
Consultants/Professional
Fees
637,079
2,389,562
Scholarships & training &
practitioner incentives
Afterschool youth activities
overlays/enhancements
/ELO's
all other
General & Administrative
The Leadership Institute
presented by Prime Time Palm Beach County, Inc.
• On-going $ for outside contracts
• Establish partnerships
– Weikart (Modify the tool and Research & Evaluation)
– Family Central (QIS assessments)
– CBASS (Intermediary organizations)
– AIR – Research & Evaluation
– Local partnerships – (Expanded learning opportunities)
The Leadership Institute
presented by Prime Time Palm Beach County, Inc.
4,947,336
4,960,010
4,868,295
4,991,286
4,960,119
4,834,231
4,530,725
3,899,618
832,375
517,572
340,726
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
The Leadership Institute
presented by Prime Time Palm Beach County, Inc.
2005
2012
$4,834,231
$3,899,618
Program Salaries & Benefits
188,558
230,796
Program Salaries &
Benefits
299,081
221,982
637,079
298,391
Consultants/Professional
Fees
Consultants/Professional
Fees
1,395,151
Scholarships & training &
practitioner incentives
155,232
2,389,562
Afterschool youth activities
overlays / enhancements /
ELOs
2,295,066
292,644
Afterschool youth activities
overlays / enhancements /
ELOs
all other
all other
330,307
General & Administrative
Scholarships & training &
practitioner incentives
General & Administrative
The Leadership Institute
presented by Prime Time Palm Beach County, Inc.
The Leadership Institute
presented by Prime Time Palm Beach County, Inc.
Annual Operating Costs
Quality Improvement
Professional Development
Community Engagements
Research & Evaluation
Administrative Costs (6%)
Total Cost
$ 725,000
$ 775,000
$2,670,000
$ 340,000
$ 290,000
$4,800,000
The Leadership Institute
presented by Prime Time Palm Beach County, Inc.
• Palm Beach County
• Other Intermediaries
• Your Community
– Based on your needs and available funding
– Allocation of current funding
– Potential for new funding
The Leadership Institute
presented by Prime Time Palm Beach County, Inc.
Is it worth it?
• Many ways to analyze the cost
• Annual cost per youth for an afterschool program
varies from $2,000/year up …
• Incremental cost per youth for a quality system for
Palm Beach County is $150 to $250.
The Leadership Institute
presented by Prime Time Palm Beach County, Inc.
• Long-term funding for an intermediary
– Re-allocation of $
• Short-term funding (1 to 3 years)
– Health & Wellness
– STEM
– STEAM
• Event funding (sponsorships)
– Lights on Afterschool
– Pink Shirt Day
– Afterschool Symposium
The Leadership Institute
presented by Prime Time Palm Beach County, Inc.
Sources for Funding
– Local governmental or public agencies (e.g., children’s
services councils, county departments, school districts, etc.)
– Foundations (e.g., local community foundations; United
Way; funders with a focus on children’s issues, education,
juvenile crime prevention, etc.
– Federal and state agencies
(e.g., US Dept. of Education,
state depts. of education, etc.)
The Leadership Institute
presented by Prime Time Palm Beach County, Inc.
• Do your research …
Hint: find out who funds local early childhood
and/or youth development programs!
• Use what you’ve got to get what you need
• Track outcomes so that you can show a return
on investment
• Excellent resource:
http://www.afterschoolalliance.org/funding.cfm