Earned Income Plan

North Broad Renaissance
Philadelphia, PA, USA
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North Broad Renaissance
Philadelphia, PA, USA

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Posted September 13th

Project details

What we need
  • Assessment and recommendations for income-generating activities that will complement the Organization's current mission and existing programs
  • Actionable steps necessary to implement recommendations, alongside estimates of upfront time and monetary investment required
  • Challenges and potential risks identified in pursuing the plan
What we have in place
  • We currently have 5 year strategic plan, which should make it easy for you to get started. We also have a 5 year budget, a funder prospect list, and the ability to provide any other information you need.
How this will help
This project will save us $11,794 , allowing us to focus on clean and safe, landscaping, marketing and communications and economic development efforts. Overall, this investment will help us create a model to build on.

The four strategic areas of focus established in the NBR strategic plan will help build a strong foundation for sustainable economic development along North Broad. Our #ThinkBroad approach is getting stakeholders to think differently about how they operate and contribute in the communities and getting a clear idea of ways to fund these efforts will assist us in our mission.

Project plan

P
Prep: Distribution of Prep Materials
  • Volunteer Manager provides all relevant marketing and branding materials, including but not limited to annual reports, fundraising collateral, website copy and information on representative stakeholders such as donors, advocates, and constituents served
1
Milestone 1: Analysis and Feedback
  • Professional provides initial analysis of existing programs, constituents served, and representative supporters
  • Professional and Volunteer Manager brainstorm potential revenue-generation streams and potential target markets
2
Milestone 2: Recommendations
  • Professional provides recommendations for most promising revenue streams, target markets and customers/supporters
  • Volunteer Manager provides feedback, and a specific revenue stream is chosen
3
Milestone 3: Delivery of Plan
  • Professional provides the actionable steps, costs, and time estimates involved in developing the income stream
  • Professional outlines key milestones and performance indicators to help assist the Organization as they execute the plan
  • Professional outlines and challenges to be aware of as the Organization executes on plan should also be laid out
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About the org

North Broad Renaissance
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Our mission

The North Broad Renaissance is a non-profit that will serve as a Special Service District (SSD) who’s primary role is to provide communication and information to city administrators and Council, neighborhood and community groups and others who are (or may) do business or development or other activities on North Broad, from City Hall to Germantown Avenue. In partnership with community stakeholders, we are looking to revitalize the community, create opportunity, and improve the economic power and overall quality of life along one of Philadelphia’s most prominent corridors – North Broad Street. Top priorities include clean and safe corridors, maintenance and landscaping, marketing and communications and economic development.

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