Finance 1Q05 NBOD Status Report Rick Giraudy VP Finance February 5, 2005

1Q05NBOD Meeting2 Presentation Agenda Organization Structure Program Enhancements Financial Metrics Challenges/Needs Budget Approval Next Quarters Activities Final Thoughts and Questions

1Q05NBOD Meeting3 Organizational Structure Changes National Treasure – Conference Treasure – Membership Treasure – BETF Liaison – Marvin Neal (Greater Birmingham) Alberta Gordon (New Jersey) Open Vanessa Davis (Atlanta)

1Q05NBOD Meeting4 Program Enhancements Added 12 chapters to the National 501(c)(6) Group for 2004 Tax Year  For 2005 Tax year will need your information before 1 July 2005 Conference team selected the same tool for conference registration eChecks application submitted Taxes – Form 990 good source is

1Q05NBOD Meeting5 Program Enhancements

1Q05NBOD Meeting6 Financial Metrics Income Conf Corp Sales: $ In-Kind: $ Conf Registration: $ National Corp Sales: $ Membership: $ Expense Conf : $ HSCC: $ MM: $ MS: $ NO: $

1Q05NBOD Meeting7 Financial Metrics AP (as of 12/31/2004) $0.00 AR (as of 12/31/2004) $243,100 Bank Balances (as of 12/31/2004) Money Market - $173,033 National - $72,719 Conference - $30,719 Cash Account Balance (as of 12/31/2004) $24,240

1Q05NBOD Meeting8 Challenges/Needs To many manual transaction  Checks, paper applications Need to spread out more transactions  People working more then 5 hours a week Invoices sent from membership database when adding new members – lots of “I already paid!” s Conference registration system setup in the ARC product

1Q05NBOD Meeting9 Approval/Motion Request Entertain a motion to approve the 2005 Budget

1Q05NBOD Meeting10 Next Quarters Activities Track budget vs actual numbers in QB eCheck setup complete American Express transactions setup Audits started Train N. O. Staff to run financial reports Continue to send out checks around the 1 st and 15 th of the month Start & Complete

1Q05NBOD Meeting11 Final Thoughts and Questions 2005 is my last year, we will have a new VPF in Will that be a member of your chapter?

1Q05NBOD Meeting12 Contact Information Rick Giraudy Day: Cell: