Quote:
Originally Posted by citybutch
June as the person who works on the P&L I will put together some notes together for you. I am currently on vacation and was out on the water yesterday so didn't have service to respond more promptly.
As an FYI, and generally speaking, and as someone who sits on numerous Boards such as the local LGBT Center, a theatre, and on the finance committee on a local LGBT Foundation, professional financials do not go into detail as to who is cut what check when. In fact, it is not even the Board who sees the detailed financials in many organizations. It is the finance committee who reviews the detailed financials and it is the audit committee who reviews the detailed audit. The committees then recommend to the Board approval (or not) after recommended changes are made. The Board (and the community or constituency who is served ) is/are free to ask questions about the details which the Treasurer or other members of the finance committee will answer. To work on a Board of Directors for an organization means there is a lot of oversight over programs, staff (if there is one), financials, building maintenance, etc.
Also, the Board of BV is actively seeking 501 (c) 3 status through a sponsor. It is complicated for this organization because we engage in activity in multiple States. If we were to file for 501 (c) 3 status on our own it would be a complicated and an expensive endeavor... one in which our minimal resources would not cover.
I will be back when I am able to make note of your questions.
Thanks for your questioning mind June!
|
June, here is a
start to your questions.
To start, no one makes any income from BUTCH Voices. Unlike many Boards, the Trustees of BUTCH Voices is a working Board. There is no paid staff. There is a lot of work that goes into all of the events, whether they are regional or national. Outreach to many organizations, Board education, etc are all a part of the work of any typical organization. There is usually a cost to this. In addition, Board Retreats are a very standard practice in order to enhance and sustain a healthy organization. It is nearly impossible to do the core work of a Board when you are spread out geographically. BUTCH Voices Board members reside in Texas, California (Northern and Southern), and Oregon. Traditionally, Boards gather once a month in order to address various issues including but not limited to fundraising efforts, strategic planning, programs, Board structure, organization structure, financials, etc. The BUTCH Voices Board meets face to face once a year to address these issues. Also, regular teleconferences are maintained to stay in touch and keep on course for the organization. There is a cost to getting together to meet and discuss the direction of the organization. We are all volunteers and dedicate many hours per month to these efforts. We do our best to reduce costs as we move through some of the major decisions and look to new and exciting directions for the organization.
Telephone: whether it is between Board Retreats or during times of Board education, there are times we have had to use our personal phones in order to do Board work. This is a reimbursed expense.
Hotel: Board members have attended educational seminars in an effort to gain as much knowledge in appropriate and legal Board leadership skills. Board Retreat costs are kept at a minimum but needs to be reimbursed as well.
Travel: travel expenses for Board retreats are reimbursed as we travel to meet once a year face to face.
Car: In order to do much of our work on the retreats such as site visits, a vehicle was required.
Food: There is a food allowance during Board retreats. Anyone going above that allowance pays out of pocket.
External conference expenses that are not explained as to who benefited from them: If you have specific questions about these line items please let me know what they are and I will do my best to explain them.
Conversely, they say over and over again that they grant scholarships to students and lower income folks, there is no line item about $xxx.xx in scholarship funds being disbursed: 2011 is the first year that grant scholarships have been requested so you will see a line item for this at year end.
It should also be noted that I am a financial planner and a big believer in liquidity. I feel strongly that maintaining a certain portion of our resources to advance the efforts of our organization is important. There are issues for butches, studs, aggressives, etc around healthcare, social justice, and advocacy that the organization has targeted as initiatives. All of these are stressed on our website... Please take a look for more information:
www.butchvoices.com