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Political & Economic Research Council   October 9, 2008 Overview of PERC:   Unleashing the Power of Information for Economic Development
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],History and Overview
PERC and Its Components ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
PERC and Its Components PERC Organizational Structure
[object Object],[object Object],[object Object],[object Object],[object Object],PERC Staff
PERC Staff ,[object Object],[object Object],[object Object],[object Object],[object Object]
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Record of Results
Speaking Engagements Figure 1:   Number of speaking engagements per year.  Note that PERC was in operation for only part of calendar year 2002. Numbers are also conservative estimations and more accurately measure number of outreach trips. For the calendar year 2008, speaking engagements through October 2008 are included.
Budget Figure 2:   PERC’s operating budget per year.  PERC’s budget has grown from $115,000 in FY 2002 to $594,000 in FY 2007. Note that PERC was in operation for only part of fiscal year 2002. Figures for fiscal years 2002-2006 are based on independent 3 rd  party audits. Fiscal year 2007 audit is still in process, so the figure is based on accounts receivable data. Projection for FY 2008 is derived from accounts receivable and projects under contract.
Foreign vs. Domestic Projects Figure 3:   Percentage of PERC’s budget coming from international sources.  As the Information Policy Institute grew and evolved into PERC, it began to diversify its funding sources. International organizations and governments now make up a significant portion of PERC’s operating budget. The fiscal year 2008  figure is only an approximation based on money already pledged. Figures from FY 2004-2006 from independent third party audits. The estimation from FY2007 is from internal accounts receivable data, as audit for that year is currently underway.
PERC Expenses FY2006 Figure 4:   Breakout of PERC’s fiscal year 2006 expenses.  Figures are taken from an independent, 3 rd  party audit. Administrative costs are the costs of keeping an office, including rent, office supplies, utilities, and shipping. Outside services include fees paid to consultants and other non-financial services, including printing.
PERC Publications Figure 5:  PERC’s publications.  Publications include studies published jointly with another organization. Different versions of the same studies (for example, abridged versions) also count as separate publications. Translations, however, do not. Publications for 2008 include all publications through October.
Press Coverage Figure 6:  Press coverage.  Includes coverage in newspapers, television, and radio. Numbers are conservative estimates, and representations in foreign media are undercounted. Several stories about PERC in  USA Today  and the  Washington Post  were picked up by wire services and reprinted in papers around the country. These are not reported in these figures. For 2008, media coverage through October is reported.
Funding Sources
Link Between Credit Reporting and Asset Building?  ,[object Object],[object Object],[object Object],[object Object],[object Object]
Benefits of Fully Reporting  Payment Data ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
The Economy Lenders Consumers A lternative D ata   I nitiative ADI
Why ADI?  ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Why ADI? ,[object Object],[object Object],[object Object],[object Object],[object Object]
Why ADI?  ,[object Object],[object Object],[object Object],[object Object],[object Object]
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],The Solution
[object Object],[object Object],[object Object],[object Object],Importance of the Solution
The Roadmap: ADI Phase 1 ,[object Object],[object Object],[object Object],[object Object]
The Roadmap: ADI Phase 1 ,[object Object],[object Object],[object Object],[object Object]
The Roadmap: ADI Phase 2 ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Demand Supply
The Roadmap: ADI Phase 2 ,[object Object],[object Object],[object Object],[object Object]
The Roadmap: ADI Phase 2 ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Total sample 7.5M Addition of Utility Data Has Small Impact on Score Distribution
Those With Alt Data Added Don’t  See Worsening Scores Over Time Change in score at end of observation period over beginning, by income and race/ethnicity
Change in Acceptance Rates by Race/Ethnicity at 3% Delinquency Target Phase 2 Key Findings
Phase 2 Key Findings   Change in Acceptance Rates by Race/Ethnicity at 3% Delinquency Target
Phase 2 Results ,[object Object],[object Object],[object Object],Demand Q P
Phase 2 Results ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Demand Q P
ADI Phase 3 ,[object Object],[object Object],[object Object],[object Object],[object Object],Q P Supply
Phase 3 Deliverables ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Phase 3  Results ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Consumer Benefits -  6 months Post Implementation ,[object Object],[object Object],Source:  Experian
Consumer Benefits –  2007 Reporting Cycle Source:  Experian ,[object Object],[object Object],[object Object]
Changes in Score Due to DTE Trade   (Based on Records Not Delinquent) Source:  Experian ,[object Object],[object Object],[object Object]
ADI Phase 4: 2009-2010 ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
G ulf  C oast E conomic R enewal   GCER
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],GCER
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],GCER
[object Object],[object Object],[object Object],[object Object],GCER Small Business Survey
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],GCER Survey Key Findings
[object Object],[object Object],[object Object],[object Object],GCER Financial Well-Being Report
[object Object],[object Object],[object Object],[object Object],GCER Financial Well-Being Report
  GCER Financial Well-Bring Report ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],GCER
GCER “ The findings generated by PERC’s report on the recovery of small businesses along the Gulf Coast in the wake of Hurricane Katrina were exceptional.  The Foundation for the Mid South was particularly interested in this project because of the snapshot it provided of recovery by combining credit and socio-demographic data.  Consequently,   the information informed our work and grantmaking because the report highlighted certain inequities and ineffective policies during the rebuilding phase after the disaster .”   Chris Crothers  Director  Foundation for the Mid South
GCER “ Recovery, Renewal, and Resiliency” sheds light on the continuing struggles of business owners  to fully recover in the  aftermath of the Katrina disaster.   PERC has made an important contribution to the continuing national debate on the hurricane recovery.  PERC’s disaster recovery dashboard has the potential to make sure that the long recovery process that affected Gulf Coast small business owners doesn’t happen again in other areas affected by disaster.”  Robert Strom Ph.D.  Director of Research and Policy  Kauffman Foundation
I nformation- L ed D evelopment ILD
[object Object],[object Object],[object Object],[object Object],[object Object],Information Led Development
[object Object],[object Object],[object Object],[object Object],Current Projects— Information Led Development I
[object Object],[object Object],[object Object],[object Object],Current Projects— Information Led Development I
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Current Projects— Information Led Development II
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Current Projects— Information Led Development III
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Current Projects— Information Led Development IV
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Pending Projects I
[object Object],[object Object],[object Object],[object Object],[object Object],Pending Projects I
[object Object],[object Object],[object Object],[object Object],Pending Projects I
[object Object],[object Object],[object Object],[object Object],[object Object],Pending Projects I
[object Object],[object Object],[object Object],[object Object],Pending Projects I
[object Object],[object Object],[object Object],[object Object],Pending Projects I
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Pending Projects II
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Pending Projects II
[object Object],[object Object],[object Object],[object Object],[object Object],Pending Projects III
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Pending Projects III
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Over-Pending Projects
Political & Economic Research Council 100 Europa Drive, Suite 403 Chapel Hill, NC 27517 www.infopolicy.org Phone: (919) 338-2798

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PERC Overview

  • 1. Political & Economic Research Council October 9, 2008 Overview of PERC: Unleashing the Power of Information for Economic Development
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  • 4. PERC and Its Components PERC Organizational Structure
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  • 8. Speaking Engagements Figure 1: Number of speaking engagements per year. Note that PERC was in operation for only part of calendar year 2002. Numbers are also conservative estimations and more accurately measure number of outreach trips. For the calendar year 2008, speaking engagements through October 2008 are included.
  • 9. Budget Figure 2: PERC’s operating budget per year. PERC’s budget has grown from $115,000 in FY 2002 to $594,000 in FY 2007. Note that PERC was in operation for only part of fiscal year 2002. Figures for fiscal years 2002-2006 are based on independent 3 rd party audits. Fiscal year 2007 audit is still in process, so the figure is based on accounts receivable data. Projection for FY 2008 is derived from accounts receivable and projects under contract.
  • 10. Foreign vs. Domestic Projects Figure 3: Percentage of PERC’s budget coming from international sources. As the Information Policy Institute grew and evolved into PERC, it began to diversify its funding sources. International organizations and governments now make up a significant portion of PERC’s operating budget. The fiscal year 2008 figure is only an approximation based on money already pledged. Figures from FY 2004-2006 from independent third party audits. The estimation from FY2007 is from internal accounts receivable data, as audit for that year is currently underway.
  • 11. PERC Expenses FY2006 Figure 4: Breakout of PERC’s fiscal year 2006 expenses. Figures are taken from an independent, 3 rd party audit. Administrative costs are the costs of keeping an office, including rent, office supplies, utilities, and shipping. Outside services include fees paid to consultants and other non-financial services, including printing.
  • 12. PERC Publications Figure 5: PERC’s publications. Publications include studies published jointly with another organization. Different versions of the same studies (for example, abridged versions) also count as separate publications. Translations, however, do not. Publications for 2008 include all publications through October.
  • 13. Press Coverage Figure 6: Press coverage. Includes coverage in newspapers, television, and radio. Numbers are conservative estimates, and representations in foreign media are undercounted. Several stories about PERC in USA Today and the Washington Post were picked up by wire services and reprinted in papers around the country. These are not reported in these figures. For 2008, media coverage through October is reported.
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  • 17. The Economy Lenders Consumers A lternative D ata I nitiative ADI
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  • 28. Total sample 7.5M Addition of Utility Data Has Small Impact on Score Distribution
  • 29. Those With Alt Data Added Don’t See Worsening Scores Over Time Change in score at end of observation period over beginning, by income and race/ethnicity
  • 30. Change in Acceptance Rates by Race/Ethnicity at 3% Delinquency Target Phase 2 Key Findings
  • 31. Phase 2 Key Findings Change in Acceptance Rates by Race/Ethnicity at 3% Delinquency Target
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  • 41. G ulf C oast E conomic R enewal GCER
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  • 50. GCER “ The findings generated by PERC’s report on the recovery of small businesses along the Gulf Coast in the wake of Hurricane Katrina were exceptional. The Foundation for the Mid South was particularly interested in this project because of the snapshot it provided of recovery by combining credit and socio-demographic data. Consequently, the information informed our work and grantmaking because the report highlighted certain inequities and ineffective policies during the rebuilding phase after the disaster .” Chris Crothers Director Foundation for the Mid South
  • 51. GCER “ Recovery, Renewal, and Resiliency” sheds light on the continuing struggles of business owners to fully recover in the aftermath of the Katrina disaster. PERC has made an important contribution to the continuing national debate on the hurricane recovery. PERC’s disaster recovery dashboard has the potential to make sure that the long recovery process that affected Gulf Coast small business owners doesn’t happen again in other areas affected by disaster.” Robert Strom Ph.D. Director of Research and Policy Kauffman Foundation
  • 52. I nformation- L ed D evelopment ILD
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  • 70. Political & Economic Research Council 100 Europa Drive, Suite 403 Chapel Hill, NC 27517 www.infopolicy.org Phone: (919) 338-2798