generator board update, december 16, 2014

GENERATOR INC | BOARD MEETING | DECEMBER 16, 2014

Generator Board MeetingDecember 16, 2014

GENERATOR INC | BOARD MEETING | DECEMBER 16, 2014

Director’s Update

FinancesProgramsOperationsAdministration

GENERATOR INC | BOARD MEETING | DECEMBER 16, 2014

Financial Overview

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GENERATOR INC | BOARD MEETING | DECEMBER 16, 2014

Cash on hand, December 2014$123,943

GENERATOR INC | BOARD MEETING | DECEMBER 16, 2014

Cash on hand, December 2014$123,943

Outstanding Income, December 2014$32,000

GENERATOR INC | BOARD MEETING | DECEMBER 16, 2014

Cash on hand, December 2014$123,943

Outstanding Income, December 2014$32,000

Income-Expense, November 2014$32,727 / $36,655

GENERATOR INC | BOARD MEETING | DECEMBER 16, 2014

Cash on hand, December 2014$123,943

Outstanding Income, December 2014$32,000

Cash Position at the Start of 2015$115,000

Income-Expense, November 2014$32,727 / $36,655

GENERATOR INC | BOARD MEETING | DECEMBER 16, 2014

0

37500

75000

112500

150000

August September October November December

Cashflow - August to December 2014

Income Expense Balance

GENERATOR INC | BOARD MEETING | DECEMBER 16, 2014

Burn Rate for the Remainder of FY15Baseline assumptions to June 30• $50,000 contributions• ~$40,000 earned income• ~$144,000 expenses47 percent burn by June 30, 2015, or8 percent per month (~$9,200)

~$50,000 in hand July 1, 2015

GENERATOR INC | BOARD MEETING | DECEMBER 16, 2014

Programs Overview

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GENERATOR INC | BOARD MEETING | DECEMBER 16, 2014

WHO WE SERVEVision and Mission

MAKERS

BUSINESSCOMMUNITY

COMMUNITYAT-LARGE

Provide tools,programming, andevents that reward, engage,and motivate.

Provide services and serviceopportunities that meet theneeds of the businesscommunity.

Provide educationaland inspirationalprograms.

GENERATOR INC | BOARD MEETING | DECEMBER 16, 2014

ProgrammingSeveral redesigned efforts under way• Outreach program• Education program• Volunteer program

* Social hours* Maker in residence* Design-build challenges

GENERATOR INC | BOARD MEETING | DECEMBER 16, 2014

Operations Overview

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GENERATOR INC | BOARD MEETING | DECEMBER 16, 2014

OperationsA few areas under redesign• Woodshop• Member sign-in• Work space

* More “maker markets”* Additional equipment - Proto-prototyping 3D printer - Second laser cutter - Plasma cutter

GENERATOR INC | BOARD MEETING | DECEMBER 16, 2014

Administration and Finance Overview

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GENERATOR INC | BOARD MEETING | DECEMBER 16, 2014

Finance and AdministrationA few areas under redesign• Membership structure, rates• Back-end administration• Communications

* MemberFindMe* PayPal Reboot* WordPress Reboot* SalesForce

GENERATOR INC | BOARD MEETING | DECEMBER 16, 2014

ISTA

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THANK YOU