Prisoners For Christ Strategic Plan 2024-2030
Finance and Giving
Strengths
Weaknesses
Opportunities
Threats
Budget process is in place.
No director of development.
Potential for growing the revenue stream from grant submissions Potential for increased monthly giving. Potential for tapping into larger sphere of influence with major donors. Potential for increase church mission board giving. Research planned giving opportunities. Become more focused fund raising in inviting people to be donors. More people are becoming aware of PFC. Increase major donors from outside the region.
Inflationary costs in materials and salaries. Death or disability of the President or Finance Director Multiple world disasters causing “compassion or donor fatigue.” Wars and rumors of wars causing instability in the markets. Increasing political instability here in the USA. Key employees leaving PFC for higher pay elsewhere.
Monitoring tools have been developed and implemented. Monitoring tools are easily understood by board members.
Bulk of fundraising rests on one person the President. Board is not consistently active in fundraising. Growing missionary base around the world needs additional funds for emergencies. Growing missionary base requires cost of living increases. Growing IBI locations have no current funding source. Growing church planting model has no current funding source.
Qualified and experienced individuals at the
helm of the department.
Good discipline in expense management. Process is accountable with monthly review from the Board’s finance committee.
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