[BW_Finance] Q3 Financials & Finance Committee meeting Tues Oct 24, 2023 730PM

[Luke Lorentz]

Hi Corey,

Answers to your questions:
1- Last year there was not much consistency between differentiating
Donations vs Memberships. I made a substantial effort to ensure each
category is properly coded in the GL this year. Having CIVICRM helps a lot.
Comparing individually year over year is kind of futile now, hence why I
group them for comparison.
2 - Motherload event - we almost broke even here - look at the
fundraising expense for $1800 costs of the event.
3 - Bike Valet rack rentals $550 to MS Canada and $250 from the Green
Action Centre as an honorarium for participating in the Mobility Fari for
Older Adults.

Thank you for your questions :)

Luke

On Tue, 24 Oct 2023 at 09:12, Corey Dyck <coreymdyck at gmail.com> wrote:

> Hi Luke,
>
> I can't make tonight's Finance Committee meeting but have a couple
> questions from my review of the FS:
> 1) There's quite a swing in membership revenue vs. donation revenue year
> over year - is that because we're appropriately tracking what actual is the
> $20 membership fees vs. donations? (if so - awesome!)
> 2) What's the source of the $1800 in Fundraising revenue YTD?
> 3) What's the source of the $750 in other income earning YTD?
>
> Thank you for the great level of detail - very helpful.
>
> Thanks,
> Corey
>
> On Tue, Oct 24, 2023 at 8:41 AM Luke Lorentz <llorentz at gmail.com> wrote:
>
>> Finance meeting is tonight at 730pm if anyone wishes to join. Mark is off
>> on vacation so I might be meeting with myself. :)
>>
>> Zoom
>> <https://us02web.zoom.us/j/81188389156?pwd=elhiVCs0QmlCcUhOeElRbk9ZS0NIZz09>
>>
>> Agenda
>> <https://docs.google.com/document/d/16RYE86S6_9vPo5cdsHTfBYmfiTaf2SVs/edit?usp=drive_link&ouid=103022762279323445700&rtpof=true&sd=true>
>>
>> Thanks,
>>
>> Luke
>>
>> On Tue, 17 Oct 2023 at 13:25, Luke Lorentz <llorentz at gmail.com> wrote:
>>
>>> Good day,
>>>
>>> Attached are the Q3 financials for your viewing pleasure. Plus the 2023
>>> Capital Asset Schedule.
>>> <https://docs.google.com/spreadsheets/d/1e7x1HMTx0v-QJCZI8Ex98U5B_DWmtYoF/edit?usp=drive_link&ouid=103022762279323445700&rtpof=true&sd=true>
>>>
>>> The next Finance Committee meeting is Tuesday Oct 24, 2023 at 730pm.
>>> Zoom and meeting notes will be sent out next week.
>>>
>>> I acknowledge that Mark is on vacation and cannot make the meeting,
>>> which is ok, he can send in his questions prior to the meeting. If you are
>>> like Mark and can't make the meeting but have some questions please send
>>> them directly to me and I will bring them up at the meeting.
>>>
>>> Also to be discussed is the preliminary 2024 budget (draft has been sent
>>> to Mark, exec and compliance committees).
>>>
>>> All will be presented at the November board meeting.
>>>
>>> Cheers,
>>>
>>> Luke
>>> 204 230 3272
>>>
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