Difference between revisions of "O&D Meeting 04/21/2024"
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== Treasurer Report == | == Treasurer Report == | ||
| + | March was cash positive by a small margin. Revenue (at $4,332.00) exceeded Expense (at $3,956.25) for a gain of ($375.75). Here are the two March 2024 financial reports: | ||
| + | * [https://drive.google.com/file/d/1GO0LcPpGnrguWauqcjacrviSwSJhBZzM/view?usp=drive_link LVL1-StatementOfActivities-202403.pdf] | ||
| + | * [https://drive.google.com/file/d/13FhSyfyBZtqS2wlQvlRr3jio7W3Hj0bq/view?usp=drive_link LVL1-StatementOfFinancialPosition-20240331.pdf] | ||
| + | |||
| + | I am sorting out intended improvements in the reporting of cumulative Year-To-Date performance and reporting of designated fund transactions (TVS Makerships, Pizza/Potluck, Vending, FAP, CDs, etc.) in the coming months, using current methods before moving to Quickbooks Online software. | ||
| + | |||
| + | LVL1's current one-year $10K Certificate-of-Deposit will expire in May. Implementation of the discussed intent to switch to laddering one-year $2.5k CD's on a monthly basis has been determined to be impractical to implement at Republic Bank. A more practical alternative (to open an FDIC-insured business savings account that will earn 4 to 5% interest at another bank) will be proposed for discussion in today's O&D meeting. | ||
== New Business == | == New Business == | ||
Revision as of 14:05, 21 April 2024
Contents
Agenda
Old Action Items
Email out membership count. - Tiff
Call Landlord about lease signing and getting a copy to a email. -Danielle
Add James (and soon Carson) to Emailing list. -Danielle
Start CD's for 2500 a month. - Jim
Hors d'oeuvres is April's Pitch in and send out email. - Kevin
Ask landlord about food truck for May. - Tiff
Email Carson about makership. - Kevin
Cancel Flicker paypal. - Jim
Account for makerships. - Jim
Talk to Raj and Sean about allowance process for budget. - Charles
Oops Email for April meeting date on Discord. - Danielle
Look for quotes on brochures. - Adam
Old Business
- Soda Machine Stuff - Lock-a-doc
- Lawyer Stuff / Wavier
- Selling the Makerbot and Biques
- Planar Replacement
- Cameras in Wood Shop
- Food on Tuesdays
- Mural discussion - Adam
- Promotional Materials - Adam
- Repair Faire
- Library
- OOPS
Membership Report
- 78 dues-paying members in good standing for February.
Treasurer Report
March was cash positive by a small margin. Revenue (at $4,332.00) exceeded Expense (at $3,956.25) for a gain of ($375.75). Here are the two March 2024 financial reports:
I am sorting out intended improvements in the reporting of cumulative Year-To-Date performance and reporting of designated fund transactions (TVS Makerships, Pizza/Potluck, Vending, FAP, CDs, etc.) in the coming months, using current methods before moving to Quickbooks Online software.
LVL1's current one-year $10K Certificate-of-Deposit will expire in May. Implementation of the discussed intent to switch to laddering one-year $2.5k CD's on a monthly basis has been determined to be impractical to implement at Republic Bank. A more practical alternative (to open an FDIC-insured business savings account that will earn 4 to 5% interest at another bank) will be proposed for discussion in today's O&D meeting.
New Business
- Parking Link
- Air Conditioner Leak
