Partnership for Excellence in Jewish Education - Supporting Jewish Day Schools: Knowledge: Yardstick: Strategic Financial Modeling Tool

Strategic Financial Modeling Tool

The Strategic Financial Modeling Tool (SFMT) is one of the newer products in our growing Day School Peer Yardstick™ Suite of Tools.

The SFMT is an interactive software program that helps school leadership move toward financial stability over a five-year horizon. Financial modeling with this tool allows school leaders to address the strategic challenges and trade-offs of market position, enrollment, value proposition, expenditures, tuition, financial aid, fundraising, and savings. This tool will allow you to position your school for stability and growth over multiple years by aligning your vision and mission with a plan for the resources your school is to raise and spend.

Cost:
These fees represent a one time offer for the 2008/2009 school year and will increase thereafter. The prices below have been partially subsidized by PEJE.

Basic	$400
Enhanced*	$700

* Designed for schools with substantial financial planning experience or with greater capacity in the business office.

These prices include:

Purchase of the SFMT software;
One-day group** training with hands-on assistance to learn how to use the tool;
One-on-one coaching at the training to implement the tool using your schoolÕs actual financial information; and One-hour post-training phone consultation.

** We highly recommend that a minimum of two individuals from each school attend the training, preferably the Head of School, the Business Manager, and the Treasurer.

On-site consultations are available at an additional cost and will be priced according to school location and size.

To sign-up for this tool and for further information contact financialmodel@yardsticksuite.org.

About Measuring Success

Measuring Success is an independent firm dedicated to creating quantitative models for measuring and enhancing Jewish organizational effectiveness. Sacha Litman, the Founder and Principal Consultant, has been working with PEJE to develop indicators of day school growth since 2003. By the fall of 2007, PEJE and Measuring Success involved nearly 200 Jewish day schools across all divisions and denominations. Based on data from the Benchmark Report, Measuring Success and PEJE have developed a suite of Yardstick tools.