The document outlines Seattle Girls' School's strategic financial plan from 2012-2015. It projects income and expenses over this period, anticipating a slight surplus each year. Major sources of income are tuition, fundraising events, and endowment payments. Expenses are primarily personnel costs. The plan also details a multi-year campus campaign to fund building renovations, targeting a total of $895,074 from various sources including annual fundraising, a family campaign, and endowment growth.

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Seattle Girls’ School
Strategic Financial Plan / 2012-2015

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SFP / Income  104-98-105
2011/2012
INCOME Operating 2012/2013 2013/2014 2014/2015
Budget
TUITION & FEES NET OF AID 1,689,449 1,840,000 1,799,100 1,992,945
APPLICATION FEES 7,875 7,725 6,900 7,125
AUXILIARY PROGRAMS 18,000 18,000 18,000 18,000
OTHER PROGRAM REVENUE 37,535 37,535 37,535 37,535
INTEREST & DIVIDENDS 7,200 7,200 7,200 7,200
MAJOR GIFTS 160,000 95,000 95,000 95,000
OTHER DEVELOPMENT CONTRIBUTIONS 15,000 15,000 15,000 15,000
ANNUAL FUND 90,000 90,000 90,000 90,000
SGS LUNCHEON 285,000 250,000 250,000 250,000
ENDOWMENT 244,000 210,000 245,000 120,000
STRATEGIC GIFTS (CAPITAL) 70,000 0 0 0
FOUNDATIONS & GRANTS 30,000 50,000 50,000 50,000
CAP REVENUE 4,100 4,100 4,100 4,100
TOTAL INCOME $2,658,159 $2,624,560 $2,617,835 $2,686,905
* 2% Tuition Increase – 2013-2015 *

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SFP - Expenses
2011/2012
Operating 2012/2013 2013/2014 2014/2015
Budget
EXPENSES
PERSONNEL (PAYROLL/ PR TAXES/ BENEFITS 1,722,822 1,773,336 1,756,050 1,803,540
CAP - CLASS/PROJECT EXPENSE 4,500 4,500 4,500 4,500
PROFESSIONAL DEV./OTHER EE EXP. 58,695 52,050 52,050 52,050
OTHER SUPPLIES AND MATERIALS 36,350 37,077 37,819 38,575
EVENTS & PROGRAMS 39,000 39,780 40,576 41,387
SPORTS/ INTERNSHIPS/ MENTOR EXP. 51,745 52,253 52,771 53,299
GENERAL OFFICE SUPPLIES 9,400 9,584 9,772 9,963
POSTAGE & DELIVERY 4,050 4,050 4,050 4,050
IT EXPENSE 60,500 52,550 55,000 57,450
TELEPHONE & INTERNET 21,800 29,200 29,200 29,200
ADVERTISING 19,000 19,000 19,000 19,000
PRINTING & REPRODUCTION 19,200 19,200 19,200 19,200
EQUIPMENT RENTALS 15,300 15,300 15,300 15,300
TRAVEL, BUSINESS MEALS & ENTERTAINMENT 38,300 39,066 39,847 40,644
OCCUPANCY 327,333 332,579 340,041 347,629
PROFESSIONAL FEES 153,480 84,000 84,000 84,000
BOARD EXPENSES 18,500 8,500 8,500 8,500
DUES & FEES (NON- IT) 10,750 10,750 10,750 10,750
INTEREST & FINANCE CHARGES 6,250 6,250 6,250 6,250
BAD DEBT EXPENSE 5,000 5,000 5,000 5,000
INSURANCE 18,183 18,547 18,918 19,296
DEPRECIATION EXPENSE
MISCELLANEOUS EXPENSE 3,000 3,000 3,000 3,000
TOTAL EXPENSES $2,643,158 $2,615,572 $2,611,592 $2,672,584

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Enrollment Profile 104-98-105
2011/2012
Operating 2012/2013 2013/2014 2014/2015
Budget
TOTAL INCOME $2,658,159 $2,624,560 $2,617,835 $2,686,905
TOTAL EXPENSES $2,643,158 $2,615,572 $2,611,592 $2,672,584
NET $15,001 $8,988 $6,243 $14,321
Capital Expenditure
IT 54,000.00 76,000.00 64,000.00
Facilities 10,000.00 30,000.00 0.00
Campus Campaign 325,500.00 709,340.00 1,123,085.00
Total Capital Expenditure 389,500.00 815,340.00 1,187,085.00
Campus Campaign Funding Required (380,512.30) (809,097.12) (1,172,764.04)

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Campus Campaign
2012-2013 2013-2014 2013-2014
Phase 1 Phase 2 Phase 3 Total
Building E2-E6 Renovations 200,000.00 452,000.00 843,000.00 1,495,000.00
M1/M2/H Building Renovations 100,000.00 100,000.00
Total 300,000.00 452,000.00 843,000.00 1,595,000.00
Tax 28,500.00 42,940.00 80,085.00 151,525.00
Construction Contingency 100,000.00 100,000.00 200,000.00
Architect/Engineering Fee 100,000.00 100,000.00 200,000.00
Permits Fee 14,400.00 14,400.00
358,500.00 709,340.00 1,123,085.00 2,160,925.00
Owners Contribution -160,388.00 -163,595.00 -166,868.00
Financing or Sale (House) -250,000.00 -250,000.00
Building Fee ($500 per family) 0.00 -50000.00 -15000.00 --> 270,000
Family Campaign -70000.00 -70000.00 -70000.00
Campus Campaign -151,888.00 175,745.00 871,217.00 $895,074.00

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11-12 Targets 12-13 Targets 13-14 Targets 14-15 Targets 15-16 Targets 16-17 Targets 17-18 Targets 18-19 Targets
Annual Fund $90,000 $102,000 $90,000 $90,000 $90,000 $90,000 $90,000 $90,000 $90,000
SGS Luncheon $285,000 $339,000 $250,000 $250,000 $250,000 $250,000 $250,000 $250,000 $250,000
Grants $30,000 $20,000 $50,000 $50,000 $50,000 $30,000 $30,000 $30,000 $30,000
Major Gifts/Other $160,000 $95,000 $95,000 $95,000 $95,000 $95,000 $95,000 $95,000
TBD $15,000 $15,000 $15,000 $15,000 $15,000 $15,000 $15,000 $15,000
Total Annual $580,000 $461,000 $500,000 $500,000 $500,000 $480,000 $480,000 $480,000 $480,000
Campus Campaign $105,000 $105,000 $263,333 $263,333 $263,333 $0 $0 $0 $0
Family Campaign $70,000 $70,000 $70,000
Endowment 96,000 $96,000.00 $0 $0 $0 $150,000 $150,000 $150,000 $150,000
TOTAL $781,000.00 $833,333.00 $833,333.00 $833,333.00 $630,000.00 $630,000.00 $630,000.00 $630,000.00
Endowment Pay 244,000 $210,000 $244,000 $120,000 $50,000 $50,000 $50,000 $50,000
4% / 7% 6% 7% 4% 3% 2% 2% 2%
4.1 % Average Over 10 Years
Previous Campaign
Results
2003-2004 Endowment 842,000
2007-2008 Endowment 935,000