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Key Initiative 3: Financial Stability
Revenue
Foundations/Grants
Individual Giving
Events and Campaigns
Total
Expenses
Personnel
Program Services
Resource Development
General and Admin
Total
2018
$454,460
$197,910
$80,630
$733,000
2018
$501,000
$107390
$36,650
$87,960
$733,000
2019
$471,200
$205,200
$83,600
$760,000
2019
$515,500
$115,300
$38,000
$91,200
$760,000
2020
$515,034
$224,289
$91,377
$830,700
2020
$576,500
$112,981
$41,535
$99,684
$830,700
Culture of Philanthropy
Under the guidance of the 2016-2018 Strategic Plan, the agency successfully addressed many issues
regarding financial stability. This gave us the opportunity to create a cash reserve fund that led to se-
curing significant pass-through funding from Big Brothers Big Sisters of America. Moving forward, we
plan to continue working towards financial stability through an agency-wide culture of philanthropy.
As an organization, we are shifting focus from “meeting the budget” to “funding our matches. ” The
outcome of our financial stability is that we can support as many long-lasting mentoring relationships
as possible. Raising consistent funds is a reflection of our ability to provide solid, sustainable mento-
ring relationships to children facing adversity in Southwest Virginia. Our donors and supporters are
partners with us in funding matches that make an impact in the community. Our goal over the next 3
years is to consistently fund the matches represented by the budgets below.