Sample Nonprofit Business Plans

Author(s)
Nonprofit Finance Fund
 
Date
2009
 
 
Abstract
YES Prep Public Schools is proving that college success is possible for all students. The vast majority of YES Prep students live below the poverty line and are the first in their families to pursue a college degree. Despite these odds, 100% of YES Prep graduates have gained acceptance to a four-year college. Both Newsweek and U.S. News & World Report have recognized YES Prep for having the best public school in Houston and one of the top 100 in the nation. YES Prep is transforming low-income students from a potential economic burden to a substantial economic stimulus. With college graduates earning an average of $1 million more over their lifetimes than those without a degree, YES Prep is strengthening Houston’s social fabric and impacting its long term economic prosperity. Based on these figures, when YES Prep achieves its growth goals, every graduating class has the potential to annually contribute one billion dollars in lifetime earnings to the Houston economy. The cost of the YES Prep expansion to 10,000 students from the current 2,600 is $38 million and represents a tremendous return on investment.
The investment is designed to: (1) Support expansion of YES Prep to 13 campuses; (2) Fund the operating financial shortfall until all campuses are fully enrolled; (3) Provide YES Prep with equity sufficient to finance all facilities with attractive and sustainable debt; and (4) Establish a sustainable economic model that allows YES Prep to operate in perpetuity funded by government revenues.
 
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