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Financial Overview As with many nonprofit organizations in these changing times, Imagine Enterprises began to experience a shift in financial dynamics in 2001, forcing a change in the way we do business and putting a much greater emphasis on the generation of unrestricted income to fill in the gaps left by a general decline of available funding. Imagine has remained a streamlined operation with little overhead, with staff using home offices to keep expenses low. In 2002 the staff learned to ask for fees in many instances where previously our services had been free. Staff have also looked at publishing proprietary materials and charging fees for some types of information and services we previously gave away.
Fiscal Year 2002 was a breakeven year, with both revenues and expenses
of just over $500,000. FY 2003 brings with it an increased challenge
to augment agency revenues with professional fees and publication
income. Imagine will debut the Transition Toolkit in May 2003, a
student and family resource the staff has worked on for nine months.
Other income-generating initiatives and "friend-raising"
activities are underway for the three main regions of the State
of Texas regularly serviced by Imagine personnel: Gulf Coast, West
Texas and North Central Texas.
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