seadraftpitchdeckmarch2012

Social Enterprise Alliance of Long Island Social Investor Presenta0on

March 6, 2012

Paul Arfin, CEO Social Enterprise Alliance of Long Island 3340 Veterans Memorial Highway Bohemia NY 11716 516-‐658-‐0216

[email protected] www.sea-‐li.org

Linking For-‐Profit and

Nonprofit Businesses To

Create Self Sustaining

Revenue Streams That

Serve The Public Good

3340 Veterans Memorial Highway Bohemia NY 11716 516-‐658-‐0216 sea-‐li.org

OFFICERS & BOARD OF DIRECTORS

Paul Arfin CEO

40-‐year Long Island social entrepreneur; founder of numerous exis0ng social enterprises

Reverend Patrick Duggan Chairman, Board of Directors

Sr. Pastor, Congrega0onal Church of S. Hempstead; President, Abundant Communi0es Together

Ken Cerini, CPA Treasurer & Director

Principal, Cerini & Associates, one of the largest accoun0ng prac0ces in NYS specializing in nonprofits

Nancy Engelhardt Director

Director, The Energeia Partnership at Molloy College

Bruce Newman Director

Principal, Pipeline LLC

Julie Samkoff Director

Execu0ve Director, Community Mainstreaming Associates

Chuck Schwartz Director

President, Long Island Green, Inc.

Joseph Campolo, Esq. Secretary & Director

Managing Partner, Campolo, Middleton & McCormick, a full service law firm with extensive nonprofit experience

Gary Wojtas Director

Professor, Saint Josephs College

Randi Shubin Dresner, CFRE Director

President, CEO Island Harvest


OVERVIEW

•  Social enterprise ventures expanding across U.S.

•  Huge upside poten0al for Long Island region

•  Social Enterprise Alliance – LI launched Dec. 2011

•  Seeking $130,000 from core set of founding sponsors

A SOCIAL ENTERPRISE IS AN ORGANIZATION THAT APPLIES

BUSINESS STRATEGIES TO ACHIEVING PHILANTHROPIC

GOALS WITH BREAKTHROUGH BUSINESS RESULTS

FOR PROFIT NON PROFIT



SOCIAL ENTERPRISE EXAMPLES

•  Nonprofit Big Brothers/Big Sisters LI operates a highly profitable business since 1996 selling used clothing, drama0cally reducing its reliance on tradi0onal fund raising and government support

•  For-‐profit Give Something Back, a California based online office supplies retailer allocates 75% of its profits to other nonprofits that share in the company’s mission

•  For-‐profit Greystone Bakery in Yonkers NY produces confec0onary products for Ben & Jerry’s ice cream stores and runs a founda0on that provides jobs in its bakery for the formerly homeless

•  For-‐profit Story Pirates, which produces profitable stage shows in New York and Los Angeles, is owned by a nonprofit organiza^on

•  Nonprofit Community Mainstreaming Associates, a LI disabili0es service agency operates the Sweet Comfort Bakery & Café, offering employment for people with developmental disabili0es


WHY NOW?

•  Growing interest by businesses in building socially responsible image

•  Community needs have never been greater due to recessionary condi0ons; Greater demand for nonprofit services as government support declines

•  Long Island faces systemic problems with hard-‐to-‐employ popula0on becoming increasingly dependent on government assistance

•  New L3C and B Corp legal structures make it easier for blending of for-‐profit and nonprofit ac0vi0es


SOCIAL ENTERPRISE ALLIANCE – LI

1.  Affiliate of na0onal SEA organiza0on; Provides access to game changing entrepreneurs and ideas from 13 chapters around U.S.

2.  Promote awareness of social enterprise to business community, academic ins0tu0ons, media, and government

3.  Spearhead development of nonprofit/for-‐profit partnerships

4.  Consultancy services; Training; Seminars, Conferences, Business plan compe00ons


SEA-‐LI BENEFITS

•  Provides plakorm for nonprofit and for-‐profit businesses to develop revenue partnerships

•  Creates financial independence for nonprofits; Reduces reliance on government grants and charitable giving

•  For-‐profits gain exposure to new revenue opportuni0es and labor pools; Builds socially responsible image

•  Helps Long Island meet growing demand for nonprofit services


SEA-‐LI TARGET CUSTOMERS

•  2,200 Long Island based nonprofit organiza0ons in healthcare, social assistance, and educa0on – 70% of whom rely on government funding and charitable contribu0ons as primary sources of revenue

•  5,000 private and public companies with revenue in excess of $5 million annually [Paul: need to confirm target businesses]

•  New and exis0ng social enterprises


SEA-‐LI LAUNCH STRATEGY

Assemble Board of Directors

Affiliate with Nat’l SEA org.

Establish Customer Interest

Develop Self

Sustaining $ Model

Seek Limited Startup Capital


STRONG COMMUNTY SUPPORT


COMPETITIVE LANDSCAPE

•  No umbrella organiza0on exists on Long Island dedicated to for-‐profit/nonprofit social enterprises

• Most nonprofits focused on core mission; Liole resources available to develop new business opportuni0es


SEA-‐LI BUSINESS MODEL

•  Target of self sustaining cash flow by end of 24-‐months

•  Principal revenue from… 1.  Training and consulta0on services 2.  Fees from educa0onal events 3.  Individual and corporate member dues 4.  Conferences, Exhibitor fees 5.  Recurring revenue from new social enterprises 6.  Sponsorships of Breakfast seminars, training programs,

business plan compe00ons and conferences


SEA-‐LI BUSINESS MODEL

Yr-‐1 Yr-‐2 Yr-‐3

Revenue From Opera^ons $38,000 $198,750

Opera^ng Expenses* $77,950 $198,513

Net Income (Loss) ($39,950) $237

Founding Sponsorship Capital $70,000 $60,000

Cumula^ve Cash $30,050 $90,287

*Office rent and other overhead expenses donated by member organizations in years 1 and 2.


THANK YOU!

Paul Arfin, CEO Social Enterprise Alliance of Long Island

3340 Veterans Memorial Highway Bohemia NY 11716

516-‐658-‐0216

[email protected] www.sea-‐li.org

seadraftpitchdeckmarch2012

Business

cfre director president

long island green

nonprot businesses

yonkers ny

ceo island harvest

nonprot services

nonprot organiza

prot greystone bakery