Generator Board Update, Nov 11, 2015
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Transcript of Generator Board Update, Nov 11, 2015
Director’s UpdateGenerator Board Meeting
November 11, 2014
Wednesday, November 12, 2014
Financial PositionJuly 1 to October 30, 2014
• Income - $135,926
• Expenses - $54,046
• Net - $81,879
November 11, 2014
Wednesday, November 12, 2014
Income$135,926
$126,755
$8,392
$777
November 11, 2014
Wednesday, November 12, 2014
Expense$54,046
$34,246
$4,252
$408
$16,845
$1,617
November 11, 2014
Wednesday, November 12, 2014
November 11, 2014
Cost AllocationFY15 Q2, Q3, Q4
Q2
Q3
Q4
0 22500 45000 67500 90000
Marketing Facility Events Operating Personnel
Wednesday, November 12, 2014
November 11, 2014
Income-Expense FY15(Projected Q2, Q3, Q4)
Income TOTAL
Earned IncomePhilanthropy
Partnerships
Total Income
$100,035$160,000
$7,500
$275,035
Expense TOTAL
MarketingFacility
Events
Operating
Personnel
Total Expense
$4,500$41,875
$1,500
$13,000
$159,179
$220,054
Wednesday, November 12, 2014
November 11, 2014
Working Well• Committed, energetic team
• Solid day to day operations, habits
• Strong leadership engagement
• Busy, engaged and talented members
• Basic systems online, brought farther along
• Positive external relations, partners
• Steady flow of interest
• Strong cash position
• Brand credibility
Wednesday, November 12, 2014
November 11, 2014
Working Less Well• High cash burn rate
• Skills gaps, leadership drift
• Sclerotic back-end workflows
• NPO vs entrepreneurial culture
• Activating university partnerships
• Member ownership vs business accountability
• Pricing and volunteer hours
• Slow partnership activation
• Weak marketing mechanisms
Wednesday, November 12, 2014
November 11, 2014
Priority AssessmentVision and Mission
MAKERS
BUSINESSCOMMUNITY
COMMUNITYAT-LARGE
Provide tools,programming, andevents reward, engage,and motivate.
Provide services and serviceopportunities that meet theneeds of the businesscommunity.
Provide educationaland inspirationalprograms.
Wednesday, November 12, 2014
November 11, 2014
DeliverablesDecember 31, 2014
• On-site key card access system
• Expanded 24/7 open hours
• Integrated administrative workflow
• Expanded Metal and Wood Shops
• Education Program We Can Sell- Clarity with partners eg BCA- Program coordinator
• Upgraded website with opt-in directory
• Marketing and Outreach Plans
Wednesday, November 12, 2014