TERI Realizes Significant Cost Savings

Freeing Up More Funds For Programs

TERI, Inc. CEO Cheryl Kilmer (right) and CFO Joe Michalowski (2nd from left) accept a check for $177,000 from DocuFrog CEO, Dale Martin (2nd from right) representing the net savings DocuFrog identified for TERI on office equipment leased by the Oceanside, CA – based nonprofit organization over a five-year period. Also shown is PinPoint® co-founder, Mark Neilson (left) whose firm helps organizations identify opportunities for uncovering savings and deploys the right resources to help realize those savings.

“We have continued to be amazed by the amount of hidden cost savings opportunities we have been able to find and realize in partnership with shared-savings firms like DocuFrog” noted TERI, Inc. Founder and CEO, Cheryl Kilmer. CFO Joe Michalowski added, “We run a very tight ship on cost control but there are always areas where we can improve and funds saved are funds we don’t need to raise. Who would have thought we would save this kind of money on office equipment leases!”.

Dale Martin, founder of DocuFrog, a PinPoint® shared savings alliance partner, added, “It is especially gratifying to help nonprofits like TERI realize found money (cost savings) because of the work they do in the lives of so many people and our efforts frees up significant funds to be put to great use helping even more.”

“All nonprofits are in a battle for donor funds”, Mark Neilson, co-founder of
PinPoint® said. “It’s great when we can put some funds back to better use in not for profit organizations by helping them FIND internal savings”.

Since its inception in 1980, TERI has grown to accommodate the needs of many while remaining true to its original goal to improve the quality of life for children and adults with developmental and learning disabilities. The agency has been recognized as a model program in the State of California for the quality of services it provides to this population.