Our financial ethos is to ensure that we deliver as much social impact as possible, in a sustainable and responsible way.

Street League

Strong financial management of our charity is crucial, ensuring that we achieve the balance between delivering as much social impact as possible and long-term sustainability. This includes:

  • Board of Trustees includes former CEO of Dow Chemical and current CEO of Rentokil Initial
  • Street League CEO - Matt Stevenson-Dodd - has over 20 years' experience in the charity sector
  • Longstanding relationships with two of the UK's leading Venture Philanthropy organisations
  • Commitment to maintaining reserves (goal of 2.5x by 2019)

Key stats

+3% Income (£5.67/£5.5m)
+7% Expenditure (£5.65/£5.28m)
+21% Hard outcomes (1553/1281)

What have we learned about our financial performance?

SUCCESS We increased our social impact to 1553 hard outcomes (+21%) and increased our six-month sustainment rate (59% +4%), with only a +7% (£5.65/£5.28m) increase in expenditure. We achieved a balanced mix of income sources and a strong ROI from fundraising.
CHALLENGE Our financial reserves were reduced from 2 months to 1.8 months.
FUTURE FOCUS
  • We will continue to learn from our analysis, listen to our staff and young people, and find ways to efficiently increase our social impact.  
  • We will increase investment into the fundraising team and continue to measure all ROI.
  • We will continue to generate further unrestricted income through contract performance and fundraising. We will focus on building the unrestricted income to increase our reserves to over 2 months again.

See also:

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CONTENTS

Street League Annual Report 2016-17 CEO Chair Statement Street League Annual Report 2016-17 CEO Chair StatementStreet League Annual Report 2016-17 Impact DashboardStreet League Annual Report 2016-17 Financial DashboardStreet League Annual Report 2016-17 Year to RememberStreet League Annual Report 2016-17 Youth UnemploymentStreet League Annual Report 2016-17 Young PeopleStreet League Annual Report 2016-17 Success StoriesStreet League Annual Report 2016-17 Programme EvaluationStreet League Annual Report 2016-17 Sport Impact AnalysisStreet League Annual Report 2016-17 Outcome AnalysisStreet League Annual Report 2016-17 Sustainment AnalysisStreet League Annual Report 2016-17 Participant Journey ExplainedStreet League Annual Report 2016-17 Our TeamStreet League Annual Report 2016-17 Understanding our data