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:
- Target: 1000 FT students, 65% discount rate (or equiv), 50% housing.
- Target: 6200 graduate student credit hours (or equiv)
- Target: $1.5 million in Annual Fund giving
- Target: Identify other revenue exceeding $500k per year