Capstone – Project

Nonprofit financial assessment to ensure sustainability when major revenue sources are reduced or lost

A Collaboration Between

Project Synopsis

Many nonprofits that we’ve worked with, including our agency fail to plan for losses in revenue streams. As a capacity building agency, we need to be well versed and a leader in many areas that assist our member nonprofits in continuity of operations and sustainability. The collaboration goals of this project would be to work with MBA students to build an assessment for nonprofits to work through crisis situations, such as a loss of funding. The intent of the assessment would be to help management evaluate the impact of the funding loss, establish how operations could be sustained, and in culmination provide recommendations for future goals to ensure sustainability. Essentially this project would provide management a foundation to build a process or provide a process to navigate these crisis scenarios proactively and enhance preparation to improve nonprofit viability. The Institute for Human Services plans to utilize the project outcomes and/or tool with member agencies after it is tested in house.

HOST VENUE ADDRESS

  • Students will be working with the Institute for Human Services, Inc at 50 Liberty Street Bath, NY 14810

REQUIRED PREREQUISITES

  • Students should come in with base knowledge of what an agency would need to assess/evaluate when faced with a minor of major loss of restricted and unrestricted funds.

LEARNING OBJECTIVES

  • If successful, the students will learn how nonprofits need to be resourceful and strategic as any loss of funding can result in mission failure and cripple existence. In some cases cut a needed human service.

Project Topics

Growth Strategy

Marketing

Reporting, Financial Planning & Analysis

Company Information

CompanyThe Institute for Human Services Inc
HQNew York
RevenueUnlisted
Employees10-25
StageSmall Business
Hiring PotentialN/A
Websitehttp://www.ihsnet.org

Company Overview

At IHS, we believe that nonprofit and human service organizations are the foundation upon which a community is held. Nonprofits provide vital programs and services that lift entire populations and operate as a driving force for innovation, economic growth, and job creation. Providing hope and opportunity, nonprofits work with individuals at all levels of society with the goal of creating a better, more prosperous world, for all. IHS works with nonprofits, for-profit businesses, funders, government entities, and community leaders to create a network of collaboration and communication aimed at improving the quality of life in the Southern Tier. We believe that success is achievable when organizations can break out of their silos and are given the right tools to meet a common goal. Our focus is on the good of the community. We are a dynamic and responsive entity, able to provide the information and resources that are most needed in the community, both for organizations and individuals. IHS operates programs and services such as the 2-1-1 HELPLINE, Steuben Rural Health Network, Coordinated Transportation Services, Mobility Management, Resource Development, Member Services, and Lead Agency Services. We specialize in capacity building and information & referral.

Industry Mentors

Company Admin

 

[email protected]

Associate Director

 

[email protected]

Company Admin

Jason Jordan

[email protected]

Experiential Learning Program Details

SchoolUniversity of Notre Dame Mendoza College of Business
Engagement FormatCapstone - Small Team Consulting Project - Students work in small groups of 2-6 directly with faculty and host company project champions on developing real solutions to real-world challenges.
Course
LevelGraduate
Students Enrolled120 Enrolled, 2-5 per group per project
Meeting Day & Time3/2 - 3/5/2019 on-site at host company
Student Time Commitment1-3 Hours Per Week
Company Time Commitment3-5 Hours
Duration0.43 Weeks

Program Timeline

Touchpoints & Assignments Due Date Submission

Key Project Milestones

  • March 2, 2020 - Assess company's business model with a focus on fiscal sustainability

    Asses the company’s business model to identify critical resources and gaps.


    Suggested Deliverable:

    Identify key variables to a valuable assessment of financial health and sustainability.

  • March 2, 2020 - Identify funding sources are the most important to service/mission delivery

    Utilize the variables identified in day one to address revenue streams critical to the agency


    Suggested Deliverable:

    Begin to build an assessment structure for the final project

  • March 3, 2020 - Assess the threats of funding source reductions and which funding source reductions could cause the most impact


    Suggested Deliverable:

    Continue to build an assessment for the final presentation

  • March 4, 2020 - Build an assessment from the discussions for an agencies managment team to work through to mitigate crisis

    Present an assessment to be utilized internally and with other agencies for review of fiscal health and proactive planning for crisis mitigation.


    Suggested Deliverable:

    Complete assessment to present to agency

  • March 5, 2020 - Finish any needed milestones and present tool to IHS managment team


Project Resources

There are no resources currently available

Academic Mentors

Instructor

Alice Obermiller

[email protected]

Assigned Students

There are currently no students assigned.