Developing a National Financial Resilience Rating System for the UK Social Sector - Paper I
15 Jun 2021 • Written by Nicola Collard
Paper I: The MyCake approach to financial health benchmarking
This trio of papers marks MyCake’s development of a second algorithm which explores the three components of financial resilience in addition to the factors explored in our first algorithm. The second phase of work also prototyped a dashboard which visualises both the risk and the resilience ratings and contextualises them with a variety of other data points for individual organisations, cohorts of investees/grantees and benchmarked against a set of national comparators.