Helping Hand is funded from a variety of sources, public and private. We anticipate that funding will increase by 15% over the next three years. The executive director and the board of directors will be responsible for reviewing the program expenditures and making adjustment to assure the program solvency.
7.1 Important Assumptions
The financial plan depends on important assumptions, most of which are shown in the following table.
The key underlying assumptions are:
- We assume a slow-growth economy, without major recession.
- We assume population growth in the county that will contribute to additional low-income clients.
- We assume, of course, that there are no unforeseen changes in funding availability.
- We assume a continued need for emergency food services in the county.
7.2 Projected Surplus or Deficit
Helping Hand's Projected Surplus and Deficit is shown on the following table. The detailed monthly projections are included in the appendix.
7.3 Projected Cash Flow
Helping Hand's cash flow is represented as funding dollars and collected food and monetary donations. The monthly cash flow is shown in the illustration, with one bar representing the cash flow per month, and the other the monthly cash balance. The annual cash flow figures are included here and the more important detailed monthly numbers are included in the appendix.
7.4 Projected Balance Sheet
The following table represents the Project Balance Sheet for Helping Hand.