1. The Society of Women Engineers
FY16 – 2Q Financial Analysis
Cindy Hoover – Treasurer

2. FY16 2Q Update – Income Summary
Status
Category
FY16 % Actual YTD Over/(Under) Annual Budget
FY15 % Actual YTD Over/(Under) Prior Year Spend
Comments
Dues
-3%
-8%
Rebates are now in the numbers. Dues revenue tracking to plan.
Other
-62%
-43%
Other income tracking behind plan for contributions and CPC (timing).
Program & Services
-57%
-45%
Tracking slightly below plan. Career Services Center ~$50K lower than FY15.
Publications
-28%
-24%
Magazine advertising income slightly down from FY15 same time period (~$50K). Tracking to plan.
Total
-35%
Overall income tracking to plan. Income profile slightly under to FY15.
Conference
-14%
Actual income well ahead of FY15 plan and tracking to the FY16 planned budget.

3. FY16 2Q Update – Operations Income

4. FY16 2Q Update – Conference Income

5. FY16 2Q Update – Expense Summary
Status
Category
FY16 % Actual YTD Over/(Under) Annual Budget
FY15 % Actual YTD Over/(Under) Prior Year Spend
Comments
Management
-66%
-61%
Tracking slightly ahead of FY16 budget.
Administrative
-50%
-48%
Tracking to FY16 budget.
Program & Services
-56%
-57%
Fees slightly higher than FY15, per budgeted plan.
Membership
-35%
-70%
Membership fees tracking to plan. Higher spend than FY15 due to AMS spending of $110K (will be covered by Special Project)
Publications
-31%
-18%
Publication fees (commission fees) are tracking lower than FY15, as is income. OK to plan.
Relations
-47%
Tracking slightly better than plan.
Total Expenses
-49%
Overall Expenses tracking to FY15 spend profile and to budget.
Conference
-34%
Expenses tracking similar to FY15 and to plan.

6. FY16 2Q Update – Operations Expense

7. FY16 2Q Update – Conference Expense

8. FY16 2Q Update – Scorecard Metrics

9. FY16 2Q Update – Reserve Fund Analysis
Special Project Fund Payout Request to BOT:
Pay Out in March, $60K (D&I) + $40K (Branding) + $220K (AMS) = $320K
Pay Out in June, $242K (AMS)
Pay Out in Sept, $257K (AMS)
Pay Out in Dec, $260K (AMS)