Secure Malone’s long-term future by ensuring annual profitability through data-informed decision making. That is, erase the structural deficit and create a fiscally sustainable university with an annual margin of 5%.
Luke 14:28 NLT
“But don’t begin until you count the cost. For who would begin construction of a building without first calculating the cost to see if there is enough money to finish it?"
Success Measures:
These success measures are designed to increase the overall net revenue of the University by setting targets and making data-informed decisions strategically on the basis of key sources of revenue rather than on absolute metrics, such as enrollment numbers and team rosters.
- Annual Profit/Loss statement
- Increase the amount and percentage of revenue from non-traditional tuition and fees and other sources
Success Outcomes:
To have erased the structural deficit through an equivalent combination of the following:
- Malone Fund: $1.8 million annually
- Endowment: $60 million
- Planned Gifts: $10 million recorded, but not yet realized
- DOE score goal of 2.0 (minimum 1.5)
- Positive operating margin (Unrestricted and full statement of activity) at year end
$1M in annual capital improvements