The Company
Community Development
Entity Type: Non-Profit
Operating Region: East Coast
Size: $8M
The PROBLEM
The incumbent Executive Director retired, leaving a need for an interim leader to assess operations, develop a plan to maximize staff potential, and implement process and system improvements for efficiency and effectiveness. This individual would also need to provide input to the board on the strategic plan and address immediate projects, including the annual audit and strengthening financial controls and security.
The Solution
McDermott + Bull Interim Leaders placed an interim Executive Director with over 10 years of non-profit leadership experience, focusing on serving lower-income families. They had extensive expertise in operational assessment and improvement, fundraising, financial health, and collaborating with boards to achieve long-term strategic goals.
The RESULT
The interim Executive Director focused on implementing best practices and operational standards while dedicating significant time to overseeing the annual gala. They acted as a fundraiser, maintained relationships with key donors, and undertook substantial reputational repair efforts for the organization.
$4.7M Cash Flow Solution
Facilitated a $4.7M cash drawdown from a key financial asset, resolving a significant cash flow issue and stabilizing the organization’s finances.
$140K Fundraising Success
Led gala fundraising efforts, securing $94K in contributions, $109K in pledges, and achieving a record-breaking $140K total.
3–5 Year Financial Plan
Assessed financial stability and provided actionable recommendations for the organization’s next 3 to 5 years.
Julie Francis
Managing Director, McDermott + Bull Interim Leaders
jfrancis@mbexec.com
Julie Francis serves as a Managing Director for McDermott + Bull Interim Leaders, where she identifies and secures highly skilled executives to address client companies’ critical business challenges, provide interim leadership, and oversee special projects. She works with executive leadership at middle-market and enterprise-level companies as well as with investment banks and private equity groups to improve operational and financial performance.