The financial security and health of the school is critically important to the long-term viability of the institution. Knowing the key components of financial strength and how to track and enhance these components over time is the secret to success. Having a firm handle on revenue and expenses, meeting annual budgets and following a detailed 5-year financial plan is absolutely critical. Beyond being a good steward of financial resources, the school must have a comprehensive development program that addresses the current and future needs of the school. A good development program adds strengths to the financial health of the school.