BasicFACTS™ is an assessment based report that uses three principal data sources. They include annual audit reports from the organization’s independent auditing firm, industry benchmarking or performance reports, and organization budgets and other financial management reports. In addition to this information, interviews with senior management are conducted to create a context and frame of reference for the organization’s overall position. Finally, an analysis of strategic alignment is completed thorugh a community assessment to provide an approximate indicator of effectiveness in delivery of mission and community service.

BasicFACTS™ Report Elements include:

Narrative Report
The narrative report provides an executive summary of the key findings. It is designed to consolidate the financial and community service data in a logical and understandable manner that crisply highlights the critical factors that management must consider.

Financial Analysis
The financial analysis section focuses on understanding trends and comparative performance. It is presented in narrative, tabular and graphic format to enhance reader comprehension and clearly depict important findings. The graphics make the presentation of sophisticated financial data simple and easy to understand.

Community Needs and Service Assessment
The BasicFACTS™ report uses an analysis and assessment of the organization’s financial and operating information in order to understand how it is performing and to understand this performance from the perspective of the needs of the communities the organization services and its stated mission. The process includes interviews with the organization’s senior manager, its Board of Directors and with leadership from the local and regional community, including government, higher education, and economic development boards. The interview information is reviewed for consistency across the sample and with the organizational perspective, and matches and disconnects are evaluated.

A Tool for Presentations
BasicFACTS™ features include graphic and tabular data presentation. Additionally, BasicFACTS™ can be adapted to PowerPoint format in order to create professional presentation materials for Board review use, or for presentation to constituent groups and potential funders.

Simplify Decision Making
Because BasicFACTS™ presents your organization’s financial picture with such clarity, it helps to simplify your decision making processes and gain Board consensus more easily. It allows you to make clearly defensible decisions during difficult or complex situations. It will enable you to make “tough calls” and take advantage of important opportunities with confidence. BasicFACTS™ is available both on a regular annual subscription basis, as well as on an as-needed or one-time basis.

Now there’s no reason you can’t have all the FACTS™

For more information, contact Transformations Consulting Group offices at 813.926.3330 or .