Overview
NorthStar Education Partners collaborated with Valor Collegiate Academies to design a financial model supporting the long-term sustainability and growth of their Powered by Compass program. This holistic approach to social-emotional learning for both adults and children required a robust financial strategy to sustain its expansion and impact.
Objectives
Valor Collegiate Academies partnered with NorthStar to:
- Landscape Analysis: Conduct a landscape analysis of similar model providers to guide pricing and affiliation options, providing comparable price guides.
- Financial Model Development: Develop a robust financial model with flexibility to predict various scenarios, such as business growth, additional staffing roles, and variable pricing for individual partners.
- Equity-Centered Pricing Strategies: Collaborate on equity-centered pricing strategies, including discount options and per-person revenue-based charges.
Partner
Valor Collegiate Academies
Location: South Nashville, Tennessee
Mission Statement
We exist to empower our diverse community to live inspired, purposeful lives.
Key Activities & Deliverables
Landscape Analysis
- Market Comparison: Conducted a comprehensive landscape analysis of similar model providers.
- Pricing and Affiliation Options: Provided insights into pricing and affiliation options, along with comparable price guides for Valor’s services.
Financial Model Development
- Revenue and Expenses Analysis: Identified current and projected revenue, expenses, and overhead costs.
- Flexible Financial Model: Designed a financial model capable of simulating various growth rates, multiple pricing strategies, and staffing impacts on revenue.
Equity-Centered Pricing Strategies
- Discount Options: Developed equity-centered pricing strategies, including discount options for different partners.
- Per-Person Revenue Model: Created a pricing strategy based on per-person revenue to ensure equitable access and sustainability.
Outcomes
NorthStar and Valor Collegiate Academies successfully implemented a financial model and pricing strategies that have significantly enhanced the sustainability and growth of the Powered by Compass program. This collaboration resulted in:
- Sustainable Growth: A robust financial model that supports long-term growth and sustainability.
- Effective Pricing Strategies: Implemented equity-centered pricing strategies that accommodate various partners and ensure equitable access.
- Enhanced Financial Planning: Improved financial planning capabilities, allowing Valor to model different growth rates and staffing scenarios effectively.
Read more case studies and learn how NorthStar Education Partners is transforming education through strategic partnerships and innovative approaches.