Should mission statements include a definition of the facility's underlying financial model?

A mission statement serves as a fundamental guiding principle for an organization, outlining its core purpose, values, and goals. The primary focus of a mission statement is to communicate the organization's reason for being and to inspire stakeholders, employees, and the community. Including a detailed definition of the facility's underlying financial model in the mission statement may detract from its primary function, as such specifics can complicate the message and dilute the inspirational aspect.

When creating a mission statement, it's essential to maintain a clear and concise focus on the organization's vision and objectives, rather than delving into operational or financial specifics. Financial models are typically more relevant in strategic planning documents or operational plans, where they can be analyzed and discussed in greater detail. By keeping the mission statement free from financial definitions, the organization can ensure that it remains accessible and motivating to all stakeholders, regardless of their familiarity with financial intricacies. This clarity helps align everyone with the broader values and goals of the facility without getting bogged down in specifics that may change over time.