[Finance] Updated financial reports

[Mark Cohoe]

Bill,

I think that you missed the attachments again.

Mark

On Wed, Sep 6, 2017 at 6:17 AM, Bill N <bill.newman at plumdee.ca> wrote:

> Good grief, I forgot the attachments. (But nobody mentioned that??)
> Anyway,....
>
>      I am attaching a couple of samples of the Treasurer's Report
> according to the ideas we discussed in July.  These are as of June 30. I'll
> also do them for July 31.
>      Version A includes most of what we discussed: more detail, a (zero)
> line for Grants, clearer labels, an asset breakdown.  I've only added one
> note--more may be appropriate.
>      Version B is a more ambitious attempt to relate amounts to the things
> we actually do.  But sometimes the underlying accounts don't reflect our
> activity accurately (or often our activity moves in novel directions).
> Several amounts should likely be moved around (or posted to new accounts).
> One thing I've done is move most of Mark's contract into Advocacy,
> Outreach, and Bike Racks, (using $250/mo. more or less and leaving the
> remainder under Staff payments).  This could be augmented by a more
> detailed time accounting report from Mark (but not too detailed :-).
>      I have also included a column for last month's Net which helps
> clarify what has happened in the last month and gives a general sense of
> progress.
>      I am also introducing the idea of Core Competencies--here Advocacy,
> Outreach, and Projects--more or less corresponding to "Our Work" as it
> appears on the website.  More specifically they are the things that we do
> well, that we are known and respected for.  They are the things on which we
> want to spend money as opposed to the things we do to raise money.
> (Raising money is more of a "hygienic priority" in the terminology of 20th
> century business seminars.)
>      We have never really discussed Core Competencies in relation to our
> mission (or even our mission for quite a while now).  Focusing on Core
> Competencies can help us choose the right things to do and avoid getting
> diverted into things that miss the mark.
>      More discussion would be good.  Our basic mission, our Core
> Competencies, our website menus/pages and our financial account names
> should all reflect the same underlying understanding.  So far they don't.
>      I feel there lots of opportunities for improving things here.
>      --Bill
>
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