GENERATOR INC | BOARD MEETING, MAY 19, 2015

DIRECTOR’S UPDATE

Generator Board Meeting

May 19, 2015

GENERATOR INC | BOARD MEETING, MAY 19, 2015

YTD Performance

GENERATOR INC | BOARD MEETING, MAY 19, 2015

Cash on hand, May 10, 2015$148,620

March 2015$104,646

Percentage Change+30%

GENERATOR INC | BOARD MEETING, MAY 19, 2015

Cash on hand, May 10 2015$148,620

Outstanding Income, May 10 2015$0

Income-Expense, May 2015 (est.)$54,330 / $45,000

Income-Expense, March 2015$10,317 / $23,793

GENERATOR INC | BOARD MEETING, MAY 19, 2015

Key Changes• New hire• Build-out• Lost education income

GENERATOR INC | BOARD MEETING, MAY 19, 2015

0

37500

75000

112500

150000

August September October November December January 2015 February March April May

Cashflow - August 2014 to May 2015

Income Expense Balance

GENERATOR INC | BOARD MEETING, MAY 19, 2015

Revised Burn Rate, Remainder FY15Stretch assumptions to June 30• $148,620 Cash on hand• ~$10,350 earned income• $1,100 Other income• ~$75,000 expenses57 percent burn by June 30, 2015, or~$85,070 in hand July 1, 2015

GENERATOR INC | BOARD MEETING, MAY 19, 2015

FY16 Budget

GENERATOR INC | BOARD MEETING, MAY 19, 2015

FY16 Budget Summary• $85,070 in hand July 1, 2015• $446,400 Total Income• $335,394 Total Expense

GENERATOR INC | BOARD MEETING, MAY 19, 2015

22%

7%

32%10%

29% MembershipEducationGrantsSponsorshipGifts

Income Streams

GENERATOR INC | BOARD MEETING, MAY 19, 2015

7%7%

9%

11%66%

WagesOperationsContingencyFacilityAdministration

Expense Categories

GENERATOR INC | BOARD MEETING, MAY 19, 2015

Key Assumptions for 2016• Focus on optimization * Operations * Education * Partnerships * Documentation• Freeze on build outs• FY15 Build-out, equipment reimbursement• Targeted recruitment eg company members• New Programs, Activities * Build Accelerator * Champlain Civic Maker * Marketing

GENERATOR INC | BOARD MEETING, MAY 19, 2015

THANK YOU

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