Reviewing their balance sheet you can see how the previous ED grew the organization significantly from 1992 – 1997 while building a cash reserve and financial stability. During this rapid time of growth I wonder if the board and ED took time to assess the work they had done and strategically planned out their next steps. The 5 years that follow show continued growth in program expenses but an inability to continue a surplus or cover expenses. The final 5 years from 2002 – 2007 indicate a realization that they were in trouble but their response may have been too late. Expenses were reduced significantly in each program area but fundraising efforts fell flat. They needed to capitalize on additional earned income in areas of membership dues and reconnect with the North End Community College to reestablish their relationship with the faculty to resume offering classes. There are a lot of factors that lead to the demise of MAF but I believe a lack of strategic financial planning and ongoing assessment is essential for any organizations survival.