Financial Modelling Project
Challenge
To support in the development/review of Right to Succeed's financial model.
Expected outcome
Financial model which incorporates considerations around: our move to a blend of commissioning and philanthropy, expected growth in programmes, full cost recovery in our projects, and expansion modelling
Resources provided
-Support from the Chief Operations Officer
-Access to our existing financial modelling
-Access to details of our planned/projected expansion
Program structure
1. Induction
Volunteer induction - We will meet with our volunteer and offer an introductory presentation
2. Familiarization
Familiarisation with RtS 5 year strategy and finance systems
3. Design
Design a flexible financial model that can be fed with data from finance system
4. Implement
Implementation of model and presentation to Right to Succeed's Finance Committee
5. Training
Training of Right to Succeed's finance team to use and adapt model
Skills
Languages
Nonprofit mission
Right to Succeed’s mission is to support communities affected by poverty to collectively improve the future for children and young people. We believe every child deserves the right to succeed, no matter where they live. Our vision is that the places we work become communities where children and young people thrive, throughout childhood and into adulthood.
We believe that no single organisation can solve the problem of inequity on their own – but together we can.
We bring together the community, and all that serve it, to transform children's outcomes because we believe every child deserves the right to succeed, no matter where they live. We do this in two ways:
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Working across a whole district or local authority to overcome a thematic educational issue (currently inclusion, literacy and NEET prevention).
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Driving whole-system improvement in a small, defined community (typically the size of a ward), to create cradle to career improvements in outcomes for children and young people.
We build on global best practice, and believe there are three key strategic pillars required to deliver effective place-based projects:
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Create and maintain the collective conditions required for effective place-based change
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Focus all partners on developing capability and well-being in children and young people.
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Deliver great implementation of intervention/change using a four-stage implementation process.
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