903048B 7yrbuspln - U.P. Forest Department

The ISIS 7-year business plan
The following model of the Zoological Information Management System (ZIMS) development process
was developed to serve as a projection for the project, not as a budget.
Assumptions of the model:
– Assuming continued membership growth, increases in ISIS membership fee revenue will be
limited to inflation adjustments of not more than 5% per year.
– We will fully develop the aquarium membership category.
– We will be successful in our “friends and family” portion of our capital
campaign (Goal: US $5 million).
– We will seek new revenue opportunities.
– We will gain increased revenue from government and foundation grants (although on a
percentage basis these grants will account for less of the larger overall operating budget – from
30% down to 20%).
– The Animal Records Keeping System (ARKS), the Medical Animal Records Keeping
System (MedARKS) and ISIS central database will be phased out in the next two years.
– Most ISIS operating and ZIMS development expenses will not increase more than an average
of five percent per year.
– ISIS staff time on the ZIMS Project will be capitalized until ZIMS deployment.
– All projections include US $2.2 million (over five years) in ISIS capital investment
in the ZIMS Project. These numbers are shown in the financial model separately.
Estimated costs
The ZIMS vendor development cost will be US $3 million over a three-year period. We have agreed
to pay the ZIMS vendor CGI over a 24-month period (May 2004-April 2006). Because ISIS member
pledges have been promised over a seven-year period (2003-2009 – many members have made five
year pledges starting in different years), we plan to use bridge loan financing of up to US $2 million.
We will pay this loan as pledges are received.
We have estimated the member-driven design and development process at US $2 million over a
three-year period. This estimate includes costs of workshops and input gathering from members.
This estimate does not include ISIS staff salaries (nor the valuable contributed time from the many
hard-working volunteers).
We have estimated hosting costs through the deployment phase at US $1.25 million; ISIS and
community infrastructure improvement at US $1.25 million and global community training and
deployment support at US $4.7 million. (These estimates also do not include ISIS staff time,
which is capitalized in the model as part of the project cost.)
Building ZIMS: Projected financial model