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