Project Title: Strategic Growth and Financial Sustainability Plan for St. Francis Friends of the Poor

St. Francis Friends of the Poor

Details
Project Title Strategic Growth and Financial Sustainability Plan for St. Francis Friends of the Poor
Project Topics Budgeting, Forecasting, and Cost Optimization Employee and Labor Management Growth Strategy Operations Organizational Culture Reporting, Financial Planning & Analysis Strategic Planning Talent Management
Skills & Expertise Budgeting and Forecasting change management Communication skills Consulting Cost-Benefit Analysis Data analysis Financial Modeling Leadership Development Nonprofit Management Organizational Design Project Management Public Financial Management Risk Management Stakeholder Analysis Strategic Planning
Project Synopsis: Challenge/Opportunity
St. Francis Friends of the Poor is dedicated to providing supportive housing to individuals experiencing homelessness in New York City. Known for its compassionate care and commitment to improving the lives of its residents, SFFP is at a pivotal point where it seeks to expand its operations. However, this expansion presents challenges related to maintaining financial sustainability, operational efficiency, and its mission-driven culture while managing increased capacity.

The primary challenge is how SFFP's leadership and administrative structure should evolve over the next 5-10 years to support growth. Currently, SFFP faces decisions about whether certain functions should remain centralized or become decentralized with growth. The lack of a clear strategy could lead to inefficiencies and misalignment with the organization's mission, potentially impacting service delivery and financial health.

This project provides a unique opportunity for students to address these challenges by developing a robust growth strategy. By conducting a thorough organizational capacity assessment, students can identify gaps and propose solutions that align with SFFP's values and objectives. The project comprises several key phases, including capacity assessment, strategic planning, and developing growth scenarios with corresponding staffing models.

For students, this project is a chance to engage in meaningful work that bridges academic learning with real-world application. They will gain experience in consulting, financial strategy, and organizational design, developing skills that are highly relevant and sought after in careers related to nonprofit management, finance, and public policy. By connecting their academic knowledge with the strategic needs of a nonprofit organization, students will enhance their understanding of how to drive sustainable change within the sector.

Project Synopsis: Activities/Actions Required
  1. Conduct a comprehensive organizational capacity assessment in multiple functional areas.
  2. Analyze the current leadership and administrative structure of SFFP.
  3. Evaluate the benefits and drawbacks of centralizing vs. decentralizing functions.
  4. Identify potential new leadership positions that could support future growth.
  5. Develop staffing models for various growth scenarios, including current and expanded states.
  6. Estimate the costs associated with proposed staffing and organizational changes.
  7. Propose timelines for hiring new positions to align with growth phases.
  8. Identify key risks associated with delayed hiring and propose mitigation strategies.
  9. Create a strategic plan that incorporates financial sustainability and operational excellence.
  10. Prepare a final report summarizing findings, recommendations, and strategic insights.
Project Synopsis: Expected Results
  • Enhanced understanding of nonprofit financial management and strategic planning.
  • Hands-on experience in conducting organizational capacity assessments.
  • Practical recommendations for SFFP's leadership and administrative structure evolution.
  • Proposed staffing models and organizational charts for different growth scenarios.
  • Estimated costs and hiring timelines for new positions.
  • Strategic insights into centralization vs. decentralization of functions.
  • Identification of key risks and mitigation strategies related to staffing delays.
  • Comprehensive final report delivering actionable recommendations to SFFP.

Project Timeline

Touchpoints & Assignments Date Type

Program Kickoff

Sep 12 2025 Event

Program Managers

Name Organization
Tiffany Charbonier New York University (NYU)

Teams

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